Assumable Mortgage Homes for Sale in Texas

208 assumable mortgage homes for sale across 49 Texas cities from $160,000. Drawn from live MLS data, updated daily.

Browse by city

Assumable Loan

$990,000

204 Overlook CT, Georgetown TX 78628

MLS #247863480 · eXp Realty, LLC · Eli Alborn

5 bd·3.5 ba·4,229 sqft

Assumable Loan

$650,000

2300 Robin RD, Manchaca TX 78652

MLS #247865753 · AustinRealEstate.com · David Bouthot

4 bd·2 ba·2,419 sqft

Assumable Loan

$450,000

1812 Fall Creek DR, Cedar Park TX 78613

MLS #247707862 · Col Realty · Rigo Zevada

5 bd·4.5 ba·3,931 sqft

Assumable Loan

$239,000

2215 N 9th ST, Temple TX 76501

MLS #247690618 · Always Here Properties, Llc · Nancy Hazard

3 bd·2 ba·1,663 sqft

Assumable Loan

$575,000

105 Birdie DR, The Hills TX 78738

MLS #247650697 · Coldwell Banker Realty · Steve Dedear

3 bd·2.5 ba·2,096 sqft

Assumable Loan

$495,000

101 Fort Richardson DR, Georgetown TX 78628

MLS #247650698 · Kuper Sotheby's Int'l Realty · Jordan Hernandez

3 bd·2 ba·2,320 sqft

Assumable Loan

$580,000

2129 Clear Lake PL, Round Rock TX 78665

MLS #247621895 · Keller Williams Realty · Adelina Rotar

5 bd·3.5 ba·3,090 sqft

Assumable LoanNew Construction

$301,990

305 Wheel Horse RD, Burnet TX 78611

MLS #247628014 · Meritage Homes Realty · Patrick McGrath

3 bd·2 ba·1,478 sqft

Assumable Loan

$1,200,000

127 Lazy Creek DR, Georgetown TX 78628

MLS #247614054 · LPT Realty, LLC · Angela Seeger

4 bd·3.5 ba·3,423 sqft

Assumable LoanNew Construction

$331,990

300 Wheel Horse RD, Burnet TX 78611

MLS #247606165 · Meritage Homes Realty · Patrick McGrath

4 bd·3 ba·2,012 sqft

Assumable Loan

$400,000

627 Fluted SHLS, Cibolo TX 78108

MLS #247583174 · Keller Williams Realty · Jaymes Willoughby

5 bd·3.5 ba·2,677 sqft

Assumable Loan

$305,000

319 Globe Mallow CIR, Kyle TX 78640

MLS #247501784 · Domain Realty, LLC · Garrett Trahan

3 bd·3 ba·1,521 sqft

Assumable Loan

$360,000

7806 Blue Nile DR, Killeen TX 76542

MLS #247500676 · Orchard Brokerage · Ayanna Edwards

3 bd·2.5 ba·2,590 sqft

Assumable LoanNew 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

Assumable Loan

$335,000

118 Millsaps CT, Bastrop TX 78602

MLS #247438764 · Keller Williams Realty · Ginna Smith

3 bd·2 ba·1,808 sqft

Assumable Loan

$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 Loan

$495,000

1728 Highland Ridge RD, Georgetown TX 78628

MLS #247416062 · Currey Real Estate · Lindsay Currey

4 bd·2.5 ba·2,649 sqft

Assumable Loan

$269,000

405 Rhetoric WAY, Pflugerville TX 78660

MLS #247421360 · Coldwell Banker Realty · Jim Mayo

3 bd·2.5 ba·1,641 sqft

Assumable Loan

$355,000

600 Smoke Signal PASS, Pflugerville TX 78660

MLS #247385208 · Keller Williams Realty · Loraine Valdes

4 bd·3.5 ba·1,644 sqft

Assumable Loan

$299,900

157 Lexword, Kyle TX 78640

MLS #247374615 · Orchard Brokerage · Beth Abeita

4 bd·2.5 ba·2,596 sqft

Assumable Loan

$549,995

18029 Santa Croce DR, Pflugerville TX 78660

MLS #247377690 · Team West Real Estate LLC · Jeff Patterson

4 bd·3.5 ba·2,884 sqft

Assumable Loan

$270,000

1012 Velvet CT, Troy TX 76579

MLS #247348371 · Jorgenson Real Estate · Kasey Jorgenson

4 bd·2 ba·1,642 sqft

Assumable Loan

$350,000

144 Riverhill DR, Georgetown TX 78628

MLS #247359594 · Dave Dacko · Alexandra Lagmanson

3 bd·2 ba·1,463 sqft

Assumable Loan

$199,000

1601 Faro DR #1404, Austin TX 78741

MLS #247314288 · Keller Williams Realty · Tomas Corzo

2 bd·2 ba·1,017 sqft

Assumable LoanNew Construction

$398,990

747 Universal DR, Hutto TX 78634

MLS #247328740 · Meritage Homes Realty · Patrick McGrath

5 bd·3 ba·2,812 sqft

About Assumable Mortgage Homes in Texas

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 Texas 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 Texas, including the kind of financing detail the big portals rarely surface.

How Buying an Assumable-Mortgage Home Works in Texas

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 Texas above, and reach out about any that interest you to confirm the loan details and arrange representation.

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.

Assumable Mortgage Homes for Sale in Texas

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About Assumable Mortgage Homes in Texas

How Buying an Assumable-Mortgage Home Works in Texas

Frequently Asked Questions

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