8335 WINECUP HL, San Antonio, TX 78256
Nestled within the serene landscapes of Leon Springs, this magnificent 4-bedroom, 4.5-bathroom home offers a harmonious blend of luxurious living and unparalleled natural beauty. Boasting panoramic views of the Texas Hill Country, every corner of this residence is designed to embrace the essence of serene living.Step inside to be greeted by the grandeur of high ceilings adorned with stunning wood beams, casting a warm and inviting ambiance throughout the living room. Sunlight dances through expansive windows, illuminating the space and framing the picturesque vistas that await outside. Entertain in style in either the formal dining room or opt to dine alfresco on the expansive back patio with outdoor kitchen, where cherished memories are made against the backdrop of breathtaking sunsets. A tranquil study provides the perfect retreat for work or reflection, offering a quiet space to focus and unwind.Each of the four bedrooms is a sanctuary unto itself, boasting its own en-suite bathroom for ultimate privacy and convenience. Two bedrooms, including the lavish primary suite, are conveniently situated on the main level, offering ease of access and a sense of serenity. For the ultimate in flexibility and functionality, this home features a walk-out basement currently utilized as a gym, complete with a half bathroom and mini-split system for comfort. With the option to add a kitchenette and living quarters, the possibilities are endless, whether it be a guest suite, entertainment space, or private retreat. A three-car garage provides ample space for vehicles and storage, while the gated community ensures security and peace of mind. Located less than 5 minutes from I-10, and just moments to Friedrich Park, The Dominion, The Rim, and HEB, this home offers unparalleled convenience and access to amenities, making it the perfect retreat for those seeking luxury, comfort, and natural beauty in the heart of the Texas Hill Country.
You may be able to put down less than the total down payment amount of $233,225 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #1770085
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.