17711 San Felipe Bay, San Antonio, TX 78255
4 beds · 4 baths · sqft
Nestled at the end of a serene cul-de-sac, this stunning Rialto Homes property offers unmatched privacy and charm, bordering the recently renovated Cedar Creek Golf Course. Built in 2012 and spanning .37 acres, this two-story, 3,919-square-foot home is ideal for families and entertainers alike, featuring 4 bedrooms, 3.5 baths, a 3-car garage, a private office with glass French doors, and a dedicated upstairs media room. The main level boasts an elegant formal dining room with stone columns, a spacious living area with soaring ceilings, expansive windows, and a striking floor-to-ceiling stone fireplace. A built-in bar seamlessly connects the living and dining areas to the chef's kitchen, which is equipped with granite countertops, dark wood cabinetry, stainless steel KitchenAid appliances, a kitchen island, and a high-top breakfast bar overlooking the sunny breakfast nook. The luxurious master suite, tucked away for privacy, includes a spa-like bath with dual vanities, a garden tub, a walk-in glass shower, and a large walk-in closet. Upstairs, discover three additional bedrooms, two full baths (including a Jack-and-Jill), a versatile game room, and a separate media room designed for the ultimate theater experience. Outside, the extended patio deck offers tranquil views of the wooded area and golf course, while the spacious side yards and turf dog run add functional outdoor living space. Don't miss the opportunity to make this one-of-a-kind property your home! Schedule a private showing and experience this perfect blend of elegance and comfort for yourself.
Source: SABOR #1827405
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1827405
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: #1827405
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.