NOT LISTED FOR SALE

205 Summit Ridge Dr N Lago Vista, TX 78645

Estimated Value: $373,742 - $397,000

3 Beds
3 Baths
1,787 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 11, 2021

Current estimated payment $3,019/month

16 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Lago Vista Elementary School Rated A-
  • Community Lake
  • Deck

About This Home

As of June 2021

Welcome to Point Venture a beautiful Lake Travis community. Summit Ridge is the perfect lake house. Enjoy abundant garage space to store vehicles, golf cart, boat, etc. as well as a generously proportioned flex room with full bath on ground level, perfect for guest suite or game room. The mature trees in the front provide perfect shade for the oversized, fully covered, deck. This highly sought after community comes with a treasure trove of amenities such as pool, fitness center, tennis courts, golf course, clubhouse, Private park with lake access, 2 boat ramps, a playscape, disc golf course, etc. Additionally, a floating restaurant and marina with golf cart parking. Beautiful sunset and hill country views throughout the community. Keep an eye our for baby fawns, as May is a very busy time for our deer.

Last Agent to Sell the Property

David Raglin

Coldwell Banker Realty License #0569333 Listed on: 05/13/2021

Coldwell Banker Realty

Co-Listed By

Kristen Sparkman

White Label Realty License #0747458

Last Buyer's Agent

Susan Palomino

RE/MAX Suburbia License #0531948

RE/MAX Suburbia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,686

Year Built

  • Built in 1985

Lot Details

  • 7,144 Sq Ft Lot
  • West Facing Home
  • Xeriscape Landscape
  • Back and Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Front Facing Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 1,787 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Accessible Home Design

  • Accessible Full Bathroom
  • No Interior Steps

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Property is near a golf course

Schools

  • Lago Vista Elementary And Middle School
  • Lago Vista High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Municipal Utilities District for Water and Sewer
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 673
  • Assessor Parcel Number 01508005060000
  • 3% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, security
  • Point Venture Poa
  • Visit Association Website
  • Point Venture Sec 03 2 Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions
  • Community Lake

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse
  • Meeting Room
  • Community Library
  • Planned Social Activities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,686

Year Built

Built in 1985

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Restrictions: Deed Restrictions
  • Year Built: 1985
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From 1431 turn left onto Lohman's Ford Road. In 6.7 miles turn right onto Venture Blvd. Turn right onto Summit Ridge Dr. House is on right.
  • Disclosures: MUD, Seller Disclosure
  • Estimated Taxes: 6284.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 3.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: Room with Private Bath
  • Home Sale Contingency: Yes
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1787.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Electric Dryer Hookup, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
  • Laundry Location: Upper Level
  • View: None
  • Flooring: Concrete, Laminate, Tile
  • Num Dining: 1
  • Num Guest Beds: 1
  • Guest Full Bathrooms: 1
  • Num Living: 1
  • Accessibility Features: Accessible Full Bath
  • Appliances: Dishwasher, Disposal, Free-Standing Electric Range
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Aluminum Frames

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony, Exterior Steps
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: See Remarks
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: Garage Faces Front, Workshop in Garage
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: MUD
  • Utilities: Electricity Connected, Internet-Cable, Underground Utilities, Water Connected
  • Heating: Central
  • Water Source: MUD
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Security, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 100.00
  • Community Web Site: www.pointventure.com

Association/Amenities

  • Association Name: Point Venture POA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, Conference/Meeting Room, Fitness Center, Golf Course, Lake, Library, Picnic Area, Planned Social Activities, Playground, Pool, Restaurant, Tennis Court(s), Underground Utilities

Schools

  • School District: Lago Vista ISD
  • School District: Lago Vista ISD
  • Elementary School: Lago Vista
  • Middle School: Lago Vista
  • High School: Lago Vista
  • Elementary School: Lago Vista
  • High School: Lago Vista
  • Middle/Junior School: Lago Vista

Lot Info

  • Lot Features: Back Yard, Front Yard, Near Golf Course, Xeriscape
  • Parcel Number: 01508005060000
  • Lot Size Acres: 0.1640
  • Lot Size Sq Ft: 7143.84
  • Subdivision Name: Point Venture Sec 03-2

Building Info

  • Construction Materials: Masonry – All Sides, Vinyl Siding
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1787
  • Tax Lot: 673
  • Tax Rate: 2.75157000000000
  • Tax Year: 2021
  • Tax Annual Amount: 4686.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 10, 2021
Sold by
Wright James Lowrence
Bought by
Schultz Kathy and Schultz Ryan
Seller's Agent
David Raglin
Coldwell Banker Realty
Buyer's Agent
Susan Palomino
RE/MAX Suburbia
List Price
$337,000
Current Estimated Value
$386,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%

Purchase Details

Closed on
Mar 16, 2015
Sold by
Allred William L and Allred Maria C
Bought by
Wright James Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,816
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Aug 29, 1995
Sold by
Wentz Wentz Mark Mark and Wentz Smith Melanie
Bought by
Allred William L and Allred Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schultz Kathy -- Independence Title
Schultz Kathy -- None Listed On Document
Wright James Lawrence -- Itc
Allred William L -- Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright James Lawrence $46,138
Previous Owner Wright James Lawrence $133,816
Previous Owner Allred William L $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold -- -- --
05/29/2021 05/29/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $337,000 0.0% $189 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $337,000 +149.6% $189 / Sq Ft
11/16/2015 11/16/15 Sold -- -- --
10/03/2015 10/03/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $135,000 -- $114 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,773 $337,431 $60,078 $277,353
2023 $9,773 $338,655 $54,000 $284,655
2022 $9,037 $351,528 $54,000 $297,528
2021 $6,219 $228,397 $27,000 $280,113
2020 $5,581 $207,634 $11,000 $200,130
2018 $4,703 $171,598 $11,000 $160,598
2017 $4,295 $161,915 $11,000 $150,915
2016 $3,206 $120,871 $11,000 $109,871
2015 $2,033 $111,280 $11,000 $100,280
2014 $2,033 $104,707 $11,000 $93,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4443913

Unlock MLS (Austin Board of REALTORS®)

APN: 152799