Assumable LoanEstimated by HomeLocating
$449,999
312 Pin Cherry PASS, San Marcos TX 78666
MLS #247442821 · Keller Williams Heritage · Michelle Carter
4 bd·3 ba·2,241 sqft
Assumable Mortgage Homes in San Marcos, TX
10 active assumable mortgage homes in San Marcos, TX from $199,999 · The median list price in San Marcos is $335,000.
Estimated by HomeLocating
Assumable LoanEstimated by HomeLocating
$300,000
128 Lacey Oak LOOP, San Marcos TX 78666
MLS #246897084 · Compass RE Texas, LLC · David Bunyea
3 bd·2 ba·1,790 sqft
Assumable LoanEstimated by HomeLocating
$199,999
107 Friendship Oak DR, San Marcos TX 78666
MLS #239237869 · Fathom Realty · Jennifer Jackson
2 bd·2.5 ba·1,262 sqft
Assumable LoanEstimated by HomeLocating
$260,000
105 Lafitte DR #101, San Marcos TX 78666
MLS #243722896 · Central Metro Realty · Jason Sousa
1 bd·1.5 ba·1,032 sqft
Assumable LoanEstimated by HomeLocating
$519,000
100 Quarry Springs DR, San Marcos TX 78666
MLS #237318612 · Keller Williams Realty · Monica Garcia
3 bd·2.5 ba·2,245 sqft
Assumable LoanEstimated by HomeLocating
$825,000
335 Deer Creek DR, San Marcos TX 78666
MLS #239680932 · Teifke Real Estate · Amy Keillor
3 bd·2.5 ba·2,636 sqft
Assumable LoanEstimated by HomeLocating
$590,000
228 Cruising Oak ST, San Marcos TX 78666
MLS #243731488 · Realty Texas LLC · Ysolette Dailey
2 bd·2 ba·1,827 sqft
Assumable LoanEstimated by HomeLocating
$315,000
319 William Moon WAY, San Marcos TX 78666
MLS #240664619 · Orchard Brokerage · Jody Faulkner
3 bd·2.5 ba·2,367 sqft
Assumable LoanEstimated by HomeLocating
$569,999
1336 Academy Oaks DR, San Marcos TX 78666
MLS #244200490 · Heart Of Austin Homes · Alyse Black
4 bd·3.5 ba·2,912 sqft
Nearby Assumable Homes
Closest assumable-mortgage homes near San Marcos, TX, sorted nearest first.
Assumable LoanEstimated by HomeLocatingNew Construction
$231,990
135 Calcite RD #1, Kyle TX 78640
MLS #247457230 · Meritage Homes Realty · Patrick McGrath
3 bd·2.5 ba·1,755 sqft
Quick Move-In
Assumable LoanEstimated by HomeLocating
$540,000
352 Olympic Park DR, Kyle TX 78640
MLS #244276597 · eXp Realty, LLC · Cheryl Fowlkes
4 bd·3 ba·2,610 sqft
Assumable LoanEstimated by HomeLocating
$300,000
209 Evening Dusk DR, Kyle TX 78640
MLS #247172592 · Keller Williams Heritage · Dustin Wilke
5 bd·2.5 ba·2,452 sqft
Assumable LoanEstimated by HomeLocating
$626,000
238 Arapaho DR, Kyle TX 78640
MLS #243966181 · Dash Realty · Sarai Mata
4 bd·3.5 ba·3,581 sqft
Assumable LoanEstimated by HomeLocating
$595,000
404 Jackson River LOOP, Kyle TX 78640
MLS #247001764 · Compass RE Texas, LLC · Joshua Swan
4 bd·4.5 ba·2,593 sqft
Assumable LoanEstimated by HomeLocating
$500,000
305 Painted Creek WAY, Kyle TX 78640
MLS #246005864 · eXp Realty, LLC · Camila Cavounis
5 bd·4.5 ba·3,703 sqft
Assumable LoanEstimated by HomeLocating
$320,000
325 Granary DR, Uhland TX 78640
MLS #246227488 · Deal Smith Realty LLC · Derek Smith
4 bd·2 ba·1,797 sqft
Assumable LoanEstimated by HomeLocating
$345,000
100 Corral CV, Kyle TX 78640
MLS #246782356 · TexCen Realty · David Mozingo
4 bd·2 ba·1,852 sqft
Assumable LoanEstimated by HomeLocating
$445,000
245 Brooks Ranch DR, Kyle TX 78640
MLS #240663280 · Pure Realty · Colbey Pfund
4 bd·4 ba·2,932 sqft
Assumable LoanEstimated by HomeLocating
$299,900
157 Lexword, Kyle TX 78640
MLS #247374615 · Orchard Brokerage · Beth Abeita
4 bd·2.5 ba·2,596 sqft
Assumable LoanEstimated by HomeLocating
$249,000
164 Regent CV, Kyle TX 78640
MLS #240918760 · All City Real Estate Ltd. Co · Michelle Poremski
4 bd·2.5 ba·1,764 sqft
Assumable LoanEstimated by HomeLocating
$310,000
864 Sweetgrass, New Braunfels TX 78130
MLS #242905968 · Real Broker, LLC · Rosa Mendez
4 bd·2.5 ba·1,866 sqft
Assumable LoanEstimated by HomeLocating
$330,000
157 Maplewood N, Kyle TX 78640
MLS #245269707 · Domain Realty, LLC · Myung soon Lemond
4 bd·2 ba·1,960 sqft
Assumable LoanEstimated by HomeLocating
$314,500
309 Treasure Trove PATH, Kyle TX 78640
MLS #246880741 · JBGoodwin REALTORS WC · Maggie Galleymore
4 bd·2 ba·1,960 sqft
Assumable LoanEstimated by HomeLocating
$320,000
220 Apache Plum DR, Kyle TX 78640
MLS #245289478 · All City Real Estate Ltd. Co · Chase Cangelosi
4 bd·2 ba·1,840 sqft
Assumable LoanEstimated by HomeLocating
$363,000
164 Alamo Vine CT, Kyle TX 78640
MLS #246930039 · Providential Properties · Marilyn Boyd
4 bd·2 ba·2,069 sqft
Assumable LoanEstimated by HomeLocating
$305,000
319 Globe Mallow CIR, Kyle TX 78640
MLS #247501784 · Domain Realty, LLC · Garrett Trahan
3 bd·3 ba·1,521 sqft
Assumable LoanEstimated by HomeLocating
$425,000
1912 Cool Breeze, New Braunfels TX 78130
MLS #244727286 · Real Broker, LLC · Brayson Verzella
5 bd·3.5 ba·3,420 sqft
Assumable LoanEstimated by HomeLocating
$340,000
1924 Split Rock RD, New Braunfels TX 78130
MLS #246745035 · MAG Real Estate LLC · Maria Villanueva
4 bd·3 ba·2,191 sqft
Assumable LoanEstimated by HomeLocatingNew Construction
$436,990
175 Antioch Colony DR, Buda TX 78610
MLS #246964673 · Meritage Homes Realty · Patrick McGrath
4 bd·3 ba·2,038 sqft
Quick Move-In
Assumable LoanEstimated by HomeLocating
$349,000
307 Abbey LN, Lockhart TX 78644
MLS #246831178 · Link Realty, LLC · Joy Pardo
4 bd·2 ba·1,748 sqft
Assumable LoanEstimated by HomeLocating
$271,000
1331 Camden LN, Lockhart TX 78644
MLS #238066770 · Blue Door Real Estate Group · Rachel Clampffer
4 bd·2.5 ba·1,842 sqft
Assumable LoanEstimated by HomeLocating
$279,000
340 Feathergrass DR, Buda TX 78610
MLS #243045314 · Compass RE Texas, LLC · Jeffrey Brown
3 bd·2 ba·1,469 sqft
Assumable LoanEstimated by HomeLocating
$437,500
139 Ginger ST, Buda TX 78610
MLS #243278407 · Clark Real Estate Agency · Jenny Pruet
3 bd·2.5 ba·2,106 sqft
Assumable LoanEstimated by HomeLocating
$325,000
500 Dakota CRK, New Braunfels TX 78130
MLS #244297480 · Olvera Bolton Properties · Isabel Vazquez
4 bd·2.5 ba·2,527 sqft
Assumable LoanEstimated by HomeLocating
$549,999
2263 Gran Cielo TRL, New Braunfels TX 78132
MLS #240790117 · Realty One Group Prosper · Jeanette Spain
4 bd·3.5 ba·3,281 sqft
Assumable LoanEstimated by HomeLocating
$269,000
2404 Night Sky CV, Lockhart TX 78644
MLS #247167420 · Orchard Brokerage · Chris Schoenfeld
3 bd·2 ba·1,647 sqft
Assumable LoanEstimated by HomeLocating
$348,500
2051 Rowan WAY, New Braunfels TX 78130
MLS #241354271 · Redfin Corporation · Derrell Skillman
3 bd·2 ba·1,971 sqft
Assumable LoanEstimated by HomeLocating
$265,000
13216 Desert Orchid DR, Buda TX 78610
MLS #243517885 · Orchard Brokerage · Chris Schoenfeld
3 bd·2 ba·1,375 sqft
Assumable LoanEstimated by HomeLocating
$379,000
12606 Dairywork RD, Buda TX 78610
MLS #241923673 · Compass RE Texas, LLC · Jeffrey Brown
4 bd·2.5 ba·2,469 sqft
Assumable LoanEstimated by HomeLocating
$290,000
1949 Redstart, New Braunfels TX 78130
MLS #246527625 · Homestead & Ranch Real Estate · Amy Milligan
4 bd·2 ba·1,698 sqft
Assumable LoanEstimated by HomeLocating
$289,999
1427 Bonnyview DR, Canyon Lake TX 78133
MLS #242633986 · eXp Realty, LLC · Alena Loveless
3 bd·2 ba·1,208 sqft
Assumable LoanEstimated by HomeLocating
$439,900
11901 Buzz Schneider LN, Austin TX 78748
MLS #243536005 · JPAR Austin · Dolunay Kosker
5 bd·3 ba·2,569 sqft
Assumable LoanEstimated by HomeLocating
$315,000
11409 Lost Maples TRL #11409, Austin TX 78748
MLS #246672505 · Coldwell Banker Realty · James Hernandez
3 bd·2.5 ba·1,922 sqft
Assumable LoanEstimated by HomeLocating
$1,095,000
1514 Bolognese, New Braunfels TX 78132
MLS #242343169 · eXp Realty · Charlotta Yearwood
4 bd·2.5 ba·3,002 sqft
Assumable LoanEstimated by HomeLocating
$524,900
4524 Slickrock CV, Austin TX 78747
MLS #245193473 · RE/MAX GATEWAY · Michael Cossette
3 bd·3 ba·2,520 sqft
Assumable LoanEstimated by HomeLocating
$462,500
10221 Buster DR, Austin TX 78748
MLS #246476356 · AustinReps, LLC · Bob McKenna
4 bd·3 ba·2,127 sqft
Assumable LoanEstimated by HomeLocating
$439,000
1624 Stone House DR, New Braunfels TX 78132
MLS #244444353 · Compass RE Texas, LLC · Tracy Noll
4 bd·3.5 ba·2,989 sqft
Assumable LoanEstimated by HomeLocating
$928,000
156 Noahs CT, Austin TX 78737
MLS #241984711 · Team Price Real Estate · Jeffrey Hendricks
4 bd·3.5 ba·3,337 sqft
Assumable LoanEstimated by HomeLocating
$320,000
250 Posey Pass, New Braunfels TX 78132
MLS #245396376 · MAG Real Estate LLC · Maria Villanueva
4 bd·3.5 ba·2,625 sqft
Assumable LoanEstimated by HomeLocating
$239,000
226 Spruce Ave, Luling TX 78648
MLS #238424738 · Orchard Brokerage · Chris Schoenfeld
3 bd·2 ba·1,187 sqft
Assumable LoanEstimated by HomeLocating
$265,000
1041 Dumfries DR, Seguin TX 78155
MLS #244424234 · Selah Realty · Roberta Castillo
3 bd·2 ba·1,314 sqft
Assumable LoanEstimated by HomeLocating
$430,000
6533 Crockett Cv, Schertz TX 78108
MLS #232436900 · Coldwell Banker D'Ann Harper · Betty Trivette
4 bd·3 ba·2,223 sqft
Assumable LoanEstimated by HomeLocating
$385,000
7120 Silver Star LN, Austin TX 78744
MLS #246804093 · AustinRealEstate.com · Monica Guerrero
3 bd·2.5 ba·1,775 sqft
Assumable LoanEstimated by HomeLocating
$359,000
512 Mulberry DR, Austin TX 78745
MLS #243849071 · Douglas Elliman Real Estate · Taylor Drolette
3 bd·2 ba·1,323 sqft
Assumable LoanEstimated by HomeLocating
$198,500
138 Talon DR, Luling TX 78648
MLS #241451918 · Land Unlimited · Kacie Brown
3 bd·2 ba·1,426 sqft
Assumable LoanEstimated by HomeLocating
$400,000
627 Fluted SHLS, Cibolo TX 78108
MLS #247583174 · Keller Williams Realty · Jaymes Willoughby
5 bd·3.5 ba·2,677 sqft
Assumable LoanEstimated by HomeLocating
$399,000
2215 Post RD #1018, Austin TX 78704
MLS #245373920 · Compass RE Texas, LLC · Nancy Taute
2 bd·2 ba·977 sqft
Assumable LoanEstimated by HomeLocating
$535,000
463 Beauchamp RD, Dripping Springs TX 78620
MLS #240310612 · JBGoodwin REALTORS WL · Aubrey Shaw
3 bd·2 ba·2,141 sqft
Assumable LoanEstimated by HomeLocating
$199,000
1601 Faro DR #1404, Austin TX 78741
MLS #247314288 · Keller Williams Realty · Tomas Corzo
2 bd·2 ba·1,017 sqft
About Assumable Mortgage Homes in San Marcos, TX
An assumable mortgage is a home loan that a buyer can take over from the seller — inheriting the seller's existing interest rate, remaining balance, and repayment terms instead of taking out a brand-new loan at today's rates. When the seller locked in a rate well below current market rates, that inherited rate is the whole appeal: the buyer keeps the lower monthly payment for the life of the loan. Not every loan can be assumed. Government-backed loans — FHA, VA, and USDA — are generally assumable, while most conventional loans are not, because they carry a due-on-sale clause that requires the balance be paid off when the home changes hands. The assumable homes shown here for San Marcos are drawn from live MLS data and refreshed regularly, and whether a specific home's loan is truly assumable — and on what terms — is always confirmed with the seller's lender, not assumed from the listing alone. Because HomeLocating is an independent home-search platform, you get a neutral view of what's available in and around San Marcos, including the kind of financing detail the big portals rarely surface.
How Buying an Assumable-Mortgage Home Works in San Marcos
Assuming a mortgage works differently from getting your own loan, and a few things are worth understanding before you make an offer. First, you still have to qualify: the seller's lender reviews your credit and finances and must approve you to take over the loan — assumption is not automatic. Second, you typically need to cover the "equity gap" — the difference between the home's purchase price and the remaining loan balance. On a home that has gained value, that gap can be substantial, and buyers usually cover it with cash or a second loan, so it's worth calculating early. Third, timelines often run longer than a normal closing, because the lender's assumption approval is its own process — confirm expected timing in writing. With VA loans there's an added wrinkle: if a non-veteran assumes the loan, it can tie up the seller's VA entitlement, so both sides should understand that before proceeding. None of this is financial or lending advice — HomeLocating is not a lender — but it's the map of what to check. When you're ready, browse the assumable-mortgage homes available in San Marcos above, and reach out about any that interest you to confirm the loan details and arrange representation.
Want to know the assumable rate on a home?
Assumable loans let a buyer take over the seller's existing mortgage — often at a rate well below today's. The exact rate and remaining balance are different for every home. Ask and we'll confirm the rate & terms for the home or area you're interested in.
Frequently Asked Questions
What is an assumable mortgage?
An assumable mortgage is a home loan a buyer can take over from the seller, keeping the seller's existing interest rate, remaining balance, and repayment terms instead of taking out a new loan at current rates.
Which types of home loans are assumable?
Government-backed loans — FHA, VA, and USDA — are generally assumable. Most conventional loans are not, because they include a due-on-sale clause that requires the loan to be paid off when the home is sold. Whether a specific loan is assumable is always confirmed with the seller's lender.
What is the main benefit of assuming a mortgage?
If the seller's loan carries an interest rate below current market rates, the buyer inherits that lower rate and the lower monthly payment that comes with it — potentially saving money over the life of the loan compared with a new mortgage at today's rates.
Do I have to qualify to assume someone's mortgage?
Yes. Assumption is not automatic — the seller's lender reviews your credit and finances and must approve you to take over the loan, similar to qualifying for a new mortgage.
What is the "equity gap" when assuming a mortgage?
The equity gap is the difference between the home's purchase price and the remaining balance on the loan being assumed. The buyer generally has to cover that difference, often with cash or a second loan, so on a home that has appreciated the gap can be large.
How long does it take to assume a mortgage?
It varies by lender, but assuming a mortgage often takes longer than a standard closing because the lender's assumption approval is a separate process. Buyers should confirm the expected timeline with the seller's lender in writing.
Explore Assumable Mortgage Homes in other cities
Jump to another city’s page — a few homes from each.
Assumable Mortgage Homes in Kyle, TX →
Assumable LoanEstimated by HomeLocating
$305,000
319 Globe Mallow CIR, Kyle TX 78640
MLS #247501784 · Domain Realty, LLC · Garrett Trahan
3 bd·3 ba·1,521 sqft
Assumable LoanEstimated by HomeLocatingNew Construction
$231,990
135 Calcite RD #1, Kyle TX 78640
MLS #247457230 · Meritage Homes Realty · Patrick McGrath
3 bd·2.5 ba·1,755 sqft
Quick Move-InAssumable LoanEstimated by HomeLocating
$299,900
157 Lexword, Kyle TX 78640
MLS #247374615 · Orchard Brokerage · Beth Abeita
4 bd·2.5 ba·2,596 sqft
Assumable Mortgage Homes in New Braunfels, TX →
Assumable LoanEstimated by HomeLocating
$340,000
1924 Split Rock RD, New Braunfels TX 78130
MLS #246745035 · MAG Real Estate LLC · Maria Villanueva
4 bd·3 ba·2,191 sqft
Assumable LoanEstimated by HomeLocating
$290,000
1949 Redstart, New Braunfels TX 78130
MLS #246527625 · Homestead & Ranch Real Estate · Amy Milligan
4 bd·2 ba·1,698 sqft
Assumable LoanEstimated by HomeLocating
$320,000
250 Posey Pass, New Braunfels TX 78132
MLS #245396376 · MAG Real Estate LLC · Maria Villanueva
4 bd·3.5 ba·2,625 sqft
Assumable Mortgage Homes in Buda, TX →
Assumable LoanEstimated by HomeLocatingNew Construction
$436,990
175 Antioch Colony DR, Buda TX 78610
MLS #246964673 · Meritage Homes Realty · Patrick McGrath
4 bd·3 ba·2,038 sqft
Quick Move-InAssumable LoanEstimated by HomeLocating
$279,000
340 Feathergrass DR, Buda TX 78610
MLS #243045314 · Compass RE Texas, LLC · Jeffrey Brown
3 bd·2 ba·1,469 sqft
Assumable LoanEstimated by HomeLocating
$379,000
12606 Dairywork RD, Buda TX 78610
MLS #241923673 · Compass RE Texas, LLC · Jeffrey Brown
4 bd·2.5 ba·2,469 sqft