Properties / 19131 E VIA DE PALMAS
VA ASSUMABLERate: 3.07%

19131 E VIA DE PALMAS

$849,775
Queen Creek, AZ 85142
3 beds2 baths1,804 sqftSingle Family
The assumable advantage
3.07%
VA assumed rate
$63,100 interest already paid off
Estimated Loan Balance$421,238
Cash to close$432,119
Est. Monthly PITI$2,423
Initial Loan Amount$463,060
Time on site50 days
Remaining Term25 years, 5 months
Seller's equity (what you pay)
$428,537
Cash or secondary financing
Monthly savings
$3,020
Versus today's market rate
Est. savings per year
$36K
Versus today's market rate

About this home

One of the best-priced horse properties in Ranchos Jardines, this is a rare opportunity to own an updated home with land already set up for horses, chickens, and goats. The property offers the space, flexibility, and lifestyle that make this neighborhood so unique. The home has been updated over the past few years, while the separate powered workshop provides plenty of options for projects, storage, hobbies, or additional workspace. An attached bonus storage area adds even more functionality. The chicken coop stays, and the property also features a 50 AMP RV hookup. Enjoy desirable north/south exposure, flood irrigation, and the freedom of a non-HOA, non-community-island setting in the horse and agricultural neighborhood of Ranchos Jardines. Riding lessons are available within the community, along with neighbors who share the same equestrian lifestyle, while still enjoying city services including fire and police. Major improvements include an AC system that is only 2 years old and still under warranty, along with a new roof installed in 2018. The property also includes a 3-year-old mature, fruit-bearing orchard with peach, nectarine, plum, and pear trees. Horse property with this combination of price, improvements, usable land, workshop space, irrigation, and neighborhood amenities does not come along often.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $428,537. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms2
Square feet1,804
Property typeSingle Family
MLS #7024709
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$1,991/mo
Source est. payment (PITI)
$2,423/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$428,537

Asking price minus remaining loan balance. Closing costs are additional.

$0$428,537
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.