222 Douglas Way St, San Antonio, TX 78210
2 beds · 2 baths · 1,080 sqft sqft
Submit all offers the seller is open to negotiate concessions. Welcome to this charming 2-bedroom, 2-bathroom home nestled in a tranquil neighborhood. Over the past 2.5 years, this property has undergone significant updates, enhancing both functionality and aesthetic appeal. As you approach, you'll notice the newly installed front yard fence complete with gates, a sidewalk, and hardscaping that not only adds curb appeal but also ensures privacy and security. A spacious carport with a large side gate provides convenient access to the backyard, where a well-maintained sidewalk leads to a delightful wood deck featuring a ramp and pergola-perfect for enjoying outdoor gatherings or relaxing afternoons. Privacy is paramount with newly erected 6-foot height fences surrounding the backyard, creating a serene oasis. Inside, comfort meets style with an additional layer of insulation in the attic, offering improved energy efficiency, complemented by enhanced ventilation throughout the house. The master bathroom boasts a luxurious upgrade, showcasing a new custom solid pine double vanity with a sleek quartz countertop and a storage tower, combining elegance with practicality. Outside, a newly constructed steel carport ensures protection for your vehicles, designed with both durability and aesthetics in mind. Further ensuring safety and efficiency, the property features an emergency cutoff switch at the water meter, providing peace of mind during unforeseen circumstances. Structural integrity has been reinforced with recent foundation maintenance, including new piers and shims, ensuring stability and longevity for years to come. This home offers not just a place to live, but a sanctuary where modern updates blend seamlessly with comfort and functionality. Whether you're enjoying the serene backyard, the beautifully renovated interior spaces, or the peace of mind from recent structural and safety improvements, this home is ready to welcome you. Come and experience the charm and convenience this updated property has to offer-a perfect blend of modern living and thoughtful design.
Source: SABOR #1796437
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1796437
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: #1796437
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.