529 Devine St, San Antonio, TX 78210
3 beds · 2 baths · 1,484 sqft
Welcome to this fabulous single-story home nestled in the highly sought-after Lavaca Historic District, where character and charm abound. This inviting residence is just a leisurely stroll to Labor Street Park and mere minutes from the vibrant areas of Southtown, Lone Star District, King William, the Riverwalk, the Alamodome, and the list goes on. This location offers an array of local restaurants and nightlife options at your fingertips. As you approach, the charming curb appeal welcomes you onto a beautiful, covered front porch equipped with a fan, perfect for enjoying your morning coffee or evening relaxation. Step inside to discover a roomy layout filled with natural light and stunning wood floors that flow throughout the home. The spacious dining room seamlessly connects to the heart of the home, a well-equipped kitchen featuring stainless steel appliances, gas cooking, and elegant granite countertops. Retreat to the oversized owners suite, thoughtfully tucked away for privacy, complete with outdoor access, dual closets, and a full ensuite bath. You'll also appreciate the convenient laundry connections located just off the expansive secondary bath. This home also boasts generously sized secondary bedrooms, providing ample space for family or guests. Step outside to a spacious xeriscaped backyard that offers low-maintenance beauty, adorned with mature trees & an additional patio slab, perfect for outdoor gatherings or quiet moments of relaxation. Additionally, a detached one-car garage, discreetly located behind a privacy gate, has been creatively converted into a small apartment efficiency, complete with a full bath and kitchenette-ideal for guests or as rental potential. Converting back to a usable garage is also an easy task. An extra carport adds to the convenience this property already provides. Don't miss the opportunity to make this enchanting Lavaca home your own!
Source: SABOR #1813791
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1813791
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: #1813791
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.