3235 Espada, New Braunfels, TX 78132
5 beds · 4 baths · 2,986 sqft sqft
Welcome to this stunning 5-bedroom, 3.5-bath home in the charming Mission Hills Ranch neighborhood in New Braunfels. Located on a quiet and secluded half cul-de-sac, this home offers peace and privacy with no neighbors behind. Step inside to find an open-concept layout with tall ceilings and an abundance of natural light. Every room is bright and airy, thanks to large windows that invite the outdoors in. The spacious living areas flow seamlessly, making it easy to entertain or relax with family. The large office provides the perfect space for working from home, while each bedroom offers comfort and room to grow. With NO carpet throughout, this home is as practical as it is beautiful. A second master bedroom is conveniently located downstairs, making it an ideal mother-in-law suite, private guest quarters, or a retreat for older children. The additional space offers flexibility and comfort for a variety of living arrangements. Outside, the backyard is a tranquil escape with mature trees, two expansive decks, and thoughtfully placed garden beds, creating the perfect spot to unwind or host gatherings. Enjoy the serenity of nature right in your own backyard, where there's ample space for kids to play, pets to roam, or simply relaxing without distractions. As an added feature, a brand-new roof will be installed on the property prior to closing, giving you peace of mind and protection for years to come. Living in Mission Hills Ranch means quick access to both I-35 and Highway 46, making commuting a breeze. Whether you're heading to Austin, San Antonio, Gruene, Boerne, or Bulverde-or exploring beautiful downtown New Braunfels-you'll love how centrally located this home is. Experience the perfect blend of peaceful living and convenient accessibility-this home has it all!
Source: SABOR #1815567
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1815567
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: #1815567
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.