18615 Redriver Trl, San Antonio, TX 78259
4 beds · 3 baths · 2,546 sqft
Welcome to Your Dream Home in Redland Woods! Located in the highly sought-after Redland Woods community, this stunning 4-bedroom, 2.5-bathroom two-story home combines style, comfort, and functionality. Conveniently located near 1604 and Redland, the home sits on a spacious lot with mature trees in both the front and backyards, offering shade and serenity. Step inside to a beautifully tiled living area and kitchen on the main floor, creating an elegant yet low-maintenance space. The kitchen is a true centerpiece, boasting updated quartz countertops, stainless steel appliances, and a versatile island, perfect for meals or entertaining guests. Upstairs, brand-new carpeting adds a fresh and cozy touch throughout. The generously sized primary suite is a luxurious retreat with his-and-hers walk-in closets, dual vanity sinks, and a separate tub and shower. This home also includes a versatile sunroom, ideal for a home gym, office, or creative space. A spacious pantry and laundry room offer ample storage for all your essentials. Step outside into your backyard oasis, featuring an in-ground pool-ideal for cooling off during San Antonio's sunny summers. The outdoor space is perfect for BBQs, gatherings, or simply relaxing. Additional features include a dedicated dog run and a storage shed. Don't miss the chance to make this gem your own! Imagine the endless possibilities for you and your family. Offered at $442,000 with $6,500 in concessions and an additional $2,500 in savings if the buyer uses the preferred lender. Schedule your showing today-this home won't last long!
Source: SABOR #1827515
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1827515
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 30-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: #1827515
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.