3195 County Road 676, Devine, TX 78016
2 beds · 2 baths · 1,144 sqft sqft
Home on the range! This property is the Texas dream! 19.79 acres with an adorable 1140 square foot 2bd/2ba home that was completely remodeled in 2014. Fabulous open floor plan with gourmet kitchen, high ceilings, custom cabinetry throughout, laundry room and a really cool vibe. Large master suite, multiple walk-in closets and a spa like bathroom with double vanity, walk in shower and a 2 person jacuzzi tub. Master has outdoor access to the covered porch. Almost 20 acres with an amazing stock pond that is 15' deep in center & stocked with catfish, perch, and sterile carp registered with TPWD. Sit by the pond and soak up the gorgeous sunsets. There are 2 wells, one that is connected and supplies the home and stocked tank and one that is capped. Horse lovers will adore the metal barn that was built in 2015 & has one large room finished out that could serve as a guest room or a home office, and one rough-finished used as a tack room. Big metal shop and several covered areas to park equipment, etc. Pastures are fenced and cross fenced. 50 amp RV service and plenty of room for parking. There is approx 13 acres +/- of coastal that produces approx 200 square bales per yr without irrigating. BMA main canal runs on 3 sides of property. Home and one acre with homestead exemption, remaining acreage has ag-exemption for hay production. Property is fully fenced, cross fenced and has gated entry with gate opener. No restrictions, no HOA. Don't delay, country living is ready for you! Bring the horses, chickens, cows, goats and start your homestead lifestyle today!!
Source: SABOR #1814508
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1814508
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: #1814508
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.