615 N Pine St, San Antonio, TX 78202
2 beds · 2 baths · 1,417 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Charming and Versatile Home in Historic Dignowity Hill. This unique property offers the best of both worlds-a beautifully renovated single-family home with the potential for duplex use, giving you unmatched flexibility. With 2 bedrooms and a versatile layout that allows for easy conversion into 3 bedrooms, the options are endless! Originally a duplex, the home was thoughtfully reimagined in 2016 to suit a family's need for privacy and connection. A secure (but removable) door in the center of the house allows you to seamlessly transition between a single-family home and two private living spaces. Whether you're looking to occupy the whole home, house hack by living on one side and renting the other, or even explore Airbnb potential, this property can adapt to your vision. Layout Features: Main living area with 2 spacious bedrooms, plus a separate potential bedroom/office with its own small kitchen, easily convertible into a true third bedroom. Two front doors preserve the home's original duplex design, making it ideal for flexible living arrangements. Separate HVAC systems for each side and a shared utility room enhance convenience and efficiency. Modern Updates with Historic Charm This home maintains its historic character with original wood floors, high ceilings, and shiplap, while offering modern amenities like updated kitchens, baths, and doors. Recent 2024 improvements include fresh interior and exterior paint, a refinished front porch, and a new storage shed with a 2-car carport. Prime Location Located just a block from the newly revamped Dignowity Park, you'll love being close to downtown, 281, I-35, and the Alamodome. Walk to nearby bars, shops, and even a restaurant right across the street. Enjoy the newly created park and dog park just around the corner. Additional Highlights: Metal fence in front for privacy and curb appeal Move-in ready with options to customize to your lifestyle This one-of-a-kind property is perfect for anyone looking for charm, versatility, and a fantastic location. Don't miss this opportunity to make it your own!
Source: SABOR #1836561
Source: SABOR #1836561
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.