7503 Kings Spg, San Antonio, TX 78254
5 beds · 4 baths · 3,222 sqft sqft
Buyers were just a few days away from FINAL approval on their offer and decided not to wait! Now let their loss be your gain! Welcome to your future waterfront oasis! Step into luxury living at its finest with this impeccable Imagine home lofted perfectly in a cul-de-sac with one of the largest lots around in Stillwater Ranch! Boasting SOOO many amazing creature comforts! Starting off, how about FULLY PAID OFF SOLAR PANELS, twin instant tankless water heaters and dual climate 2 HVAC system systems; all of which are highly desirable features designed to elevate your lifestyle. As you enter, you'll be greeted by the elegance of luxury vinyl and ceramic tile flooring that spans throughout all the downstairs areas, creating a sophisticated ambiance. The front room sets the stage for effortless hosting, providing a versatile space to impress guests and create lasting memories. Embrace cozy nights in the main family room in front of the gas fireplace IF YOU SO DESIRE. With three living areas, including a versatile Liv/Din combo, along with an eat-in kitchen, breakfast bar, and walk-in pantry, this home is designed to accommodate every aspect of having a few loved ones to always enjoy these amenities together! The kitchen is a chef's dream, featuring all-new appliances that promise both style and functionality for all your culinary endeavors. The master bedroom, nestled downstairs, offers a haven of tranquility and privacy. Entertainment abounds with a generously sized game room upstairs, perfect for lively gatherings and fun-filled evenings with friends and family. The spacious bedrooms offer ample retreat space, ensuring comfort and relaxation for every member of the household. Step outside to discover the sprawling backyard oasis, offering abundant room for outdoor entertaining and recreation. Whether you're hosting summer barbecues or enjoying quiet evenings under the stars, this expansive outdoor space is sure to become your personal sanctuary. And nestled at the corner of a serene cul-de-sac, with a tranquil pond nearby, it's the perfect retreat from the hustle and bustle of everyday life. Beyond the boundaries of this exceptional home lies the vibrant Stillwater Ranch community, where an array of amenities awaits your exploration. From full-court basketball, tennis/pickleball courts to pools, a gym, biking/walking trails, and a children's park, there's something for everyone to enjoy just steps from your doorstep. With schools nearby and some within the subdivision, you're going to enjoy all this location offers for the perfect blend of comfort, convenience, and community. Conveniently located near 1604, Alamo Ranch Shopping, and 151, this offers easy access to shopping, dining, and entertainment options. Come experience the luxury and convenience that awaits you. Schedule your viewing today and prepare to fall in love!
Source: SABOR #1772057
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1772057
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #1772057