414 Donaldson Ave, San Antonio, TX 78201
4 beds · 3 baths · 2,277 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled beneath a canopy of mature trees in the Monticello Park Historic District, this beautifully remodeled single-story home blends timeless charm with thoughtful modern touches. Set on a generous 0.23-acre lot just five miles from downtown San Antonio, the 4-bedroom, 3-bath layout offers both space and comfort in a location rich with character. Step inside to a welcoming open-concept, where the vaulted ceiling and exposed wood beam create an airy, inviting atmosphere. The heart of the home-a stunning kitchen-features a quartz-topped island with seating, stainless steel appliances, custom cabinetry with crown molding, and a statement tile backsplash that adds a dash of personality. A stately chandelier anchors the dining area, while the living space invites relaxed evenings and connection. Tucked away for privacy, the spacious primary suite includes its own mini-split HVAC unit and a spa-like bath with dual vanities, granite counters, and a floor-to-ceiling tiled shower with a rainwater head. For added convenience, the laundry room is located right within the primary bedroom, tucked behind a sliding barn door that blends utility with design. Additional bedrooms are generously sized with plush carpeting underfoot for a soft start to the morning. An office or flex room offers space for remote work or creative projects, and in the hall, a barn door opens to reveal a cleverly placed pantry. Step outside to a fully fenced backyard retreat with shade trees, a covered patio with ceiling fans, and plenty of sunny space for gardening, play, or peaceful lounging. A detached shed with electricity and a window unit is ideal for a workshop, studio, or extra storage. From the wide driveway to the rich architectural details at the entry, every inch of this home has been curated to feel like a special place. Whether you're relaxing under the covered patio or hosting dinner with friends, this is where comfort and character meet.
Source: SABOR #1856062
Source: SABOR #1856062
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.