229 Blue Oak Blvd, San Marcos, TX 78666
3 beds · 2 baths · 2,204 sqft
The large single story layout with office and flex space make this Blanco Vista home very unique! This meticulously crafted residence, a mere two years old, is situated in the master-planned Blanco Vista community, offering the perfect blend of modern living and serene surroundings. As you step through the front door of this 2204-square-foot gem, you'll be immediately captivated by the wood-look tile that graces the open-concept living space. This single-story haven is designed with your comfort in mind, featuring 3 bedrooms, 2 bathrooms, and two versatile spaces—an inviting office and a flex room—that cater to your unique lifestyle needs. The heart of the home lies in the expansive kitchen, where culinary aspirations come to life. With its generous size and contemporary design, this kitchen is a chef's delight, perfect for entertaining or crafting family meals. The open layout creates a seamless connection to the living areas, enhancing the sense of spaciousness. Your private sanctuary awaits in the generously sized primary bedroom, offering plenty of room for a cozy sitting area. As you step outside, discover the enchanting covered and extended back patio, a perfect spot for al fresco dining or simply unwinding. The true highlight, however, is the unparalleled privacy afforded by having no rear neighbors and a backdrop of mature trees, providing a tranquil retreat right in your backyard. Blanco Vista is not just a neighborhood; it's a lifestyle. Enjoy the perks of a master-planned community, including an on-site elementary school, two pools—one junior Olympic-sized and one designed for the little ones—lush parks, playgrounds, and miles of hike and bike trails. Embrace the serenity of living close to the Blanco River, where outdoor adventures await. Don't miss the opportunity to make this stunning residence your own!
Source: ACTRIS #1007806
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #1007806
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: #1007806
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