145 Horsemint Way, San Marcos, TX 78666
3 beds · 3 baths · sqft
Welcome to this meticulously maintained two-story home, built in 2021 and nestled in the serene Trace community on the outskirts of San Marcos. This bright and airy home offers a spacious open floor plan on the main level, where beautiful tile flooring and abundant windows fill the space with natural light. The living area centers around a charming makeshift fireplace, creating a cozy focal point, while the dining area includes a lovely bench seat for additional comfort. The modern kitchen boasts sharp stainless steel appliances, sleek white cabinetry, and a crisp white backsplash, offering a clean, contemporary look. Conveniently located on the main floor is the laundry room, providing ample storage space, and a half bath with an eye-catching faux brick accent wall, adding a touch of character. Upstairs, you’ll find the primary bedroom with an ensuite featuring both a shower/tub combo and a walk-in closet. Two additional bedrooms and a second full bathroom are also located on this level. Step out onto the spacious balcony to enjoy a refreshing breeze and lovely neighborhood views. Outside, the expansive backyard offers plenty of room to create your own outdoor oasis, and it connects to a detached garage accessible from the alley. As a resident of the Trace community, you’ll enjoy fantastic amenities, including a sand volleyball court, half basketball court, covered pavilion, community pool, and scenic sidewalks—perfect for an active lifestyle. You're minutes away from IH-35 to get to New Braunfels one direction or back into town the other direction. Easy access to the San Marcos High School, Outlet Mall and shopping strip off of McCarty Lane make your daily trips for fun and shopping that much easier. Schedule your private tour today!
Source: CENTRALTEXAS #561923
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #561923
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #561923
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.