719 Misty Water Ln
San Antonio, TX 78260
3 beds · 2 baths · -- sqft
$525,000
Get prequalifiedAbout this home
Seller says SELL!! Start packing!!! If you've been looking for your forever home in Timberwood Park, then look no further. This charming one-story home, set on a spacious 0.59-acre lot, is surrounded by lush trees offering ample shade. A long driveway leads to a solar-powered lighted sidewalk and a covered front porch with a large front door. Upon entering, you're greeted by a welcoming floor plan featuring stunning archways. The home includes a private office with double glass doors and a dining room with tray ceilings and two archways, adding elegance and openness. The recently updated kitchen boasts new cabinetry with soft-close drawers, crown molding, an island, reverse osmosis (2024), smooth cooktop, microwave, double ovens, stainless steel refrigerator, and dishwasher. A wine/coffee bar with an under-counter wine refrigerator is a standout feature. The breakfast bar opens to the living room and breakfast area. The living room features vaulted ceilings, wall niches, and a wood-burning brick fireplace. Large windows provide plenty of natural light. The spacious primary bedroom offers outdoor access and a tray ceiling. The primary bath features his and her vanities, a jacuzzi tub, a walk-in shower, and a huge walk-in closet. The backyard is paradise that offers a fully equipped outdoor kitchen (that lights up blue at night) with a sink featuring hot water, a built-in ice chest, refrigerator, double side burner, grill, and a pizza oven, with two separate sitting areas and a huge pergola with polycarbonate that offers protection but still allows natural sunlight. Perfect for outdoor relaxation. Additional storage is conveniently located under the deck, with metal sheeting installed to prevent water from wetting the stored wood. The backyard also includes an on-site built shed, a garden with an irrigation system (2022), and a playscape, perfect for family activities. The home features updated systems, including an HVAC from 2020, a water heater installed in 2022, a deck built in 2022, and a roof installed 04/2024.
Source: SABOR #1824693
5-year savings
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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