20518 Cedar Cavern, San Antonio, TX 78266
4 beds · 4 baths · 3,694 sqft sqft
OPEN HOUSE THIS SATURDAY 11-1 Welcome to this exquisite 4-bedroom, 3.5-bathroom home located in the highly sought-after Garden Ridge community. Nestled on nearly an acre of land, this property offers a perfect blend of elegance, comfort, and space. Main Level: Primary Suite: Located downstairs for convenience and privacy. Formal Living Room & Dining Room: Ideal for hosting gatherings and special occasions. Family Room: Features a large fireplace and several windows that offer picturesque views of the extensive backyard and the refreshing pool. Kitchen: A chef's dream with a large island, granite countertops, gas cooking, and a new oven. The kitchen opens to the family room, creating a perfect space for entertaining. Breakfast Area: Adjacent to the kitchen with a window overlooking the backyard. Upper Level: Three Generous Bedrooms: Each with ample space and comfort. Two Full Bathrooms: Conveniently accessible from the bedrooms. Study: Open to the foyer, providing a quiet space for work or study. Game Room: Equipped with closet space and bookshelves. Media Room: Perfect for cozy movie nights, with ample seating space. Outdoor Backyard Oasis: Features a refreshing pool with a self-cleaning robot and four delightful water jets. Patio: Recently painted and perfect for relaxing or outdoor dining. Three-Car Garage: Easily accessible via a covered walkway, ensuring convenience even on rainy days. Conveniently Located Near Nacogdoches, shopping, restaurants, and with easy access to IH 35 and 3009. If you're looking for an impressive home with room for everyone and everything, this is it. Don't miss the opportunity to own this beautiful property in Garden Ridge!
Source: SABOR #1799390
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1799390
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: #1799390
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.