
505 Demarett Dr Unit 12 Lago Vista, TX 78645
Estimated payment $1,528/month
Highlights
- Golf Course Community
- Fitness Center
- Community Lake
- Lago Vista Elementary School Rated A-
- Lake View
- Deck
About This Home
Fabulous Vacation Rental/Short Term Rental opportunity in the quaint lakeside community of Point Venture! Point Venture residents enjoy access to 5-star amenities including Point Venture golf club with pro shop, 50-acre waterfront park with lake access, Capt Pete's Floating Restaurant, playground, fitness center, clubhouse, disc golf, boat ramps, basketball and tennis courts. This charming 2 bedroom/2 bath townhome features sky high vaulted ceilings, floor to ceiling windows, a wood burning fireplace, fresh interior paint including kitchen & bathroom cabinets, new luxury vinyl tile (January 2023), granite counters and multiple decks to unwind. Private primary suite with its own balcony with views of Lake Travis, provides the perfect spot to kick back and relax. Ideal retreat for year round living or vacation hopping. Don't miss this unique opportunity to make this your very own private paradise! Also listed for lease for $1,650.
Last Listed By
Kuper Sotheby's Int'l Realty Brokerage Phone: (512) 657-3343 License #0560539 Listed on: 10/16/2024

Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,414
Year Built
- Built in 1972
Lot Details
- 1,799 Sq Ft Lot
- West Facing Home
- Open Lot
- Many Trees
HOA Fees
- $215 Monthly HOA Fees
Property Views
- Lake
- Golf Course
- Hills
Home Design
- Pillar, Post or Pier Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 1,398 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- See Through Fireplace
- Blinds
- Display Windows
- Living Room with Fireplace
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Free-Standing Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Parking
- 2 Parking Spaces
- Parking Lot
- Outside Parking
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
Schools
- Lago Vista Elementary And Middle School
- Lago Vista High School
Utilities
- Central Heating and Cooling System
- Municipal Utilities District Water
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 01478309120000
Community Details
Overview
- Association fees include common area maintenance, trash
- Pont Venture Poa
- Point Venture Sec 02 B Subdivision
- Community Lake
Amenities
- Picnic Area
- Common Area
- Restaurant
Recreation
- Golf Course Community
- Sport Court
- Community Playground
- Fitness Center
- Park
- Trails
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2023 | $6,414 | $271,010 | $30,000 | $241,010 |
2022 | $5,932 | $230,744 | $30,000 | $200,744 |
2021 | $5,030 | $184,708 | $24,000 | $160,708 |
2020 | $3,554 | $132,246 | $24,000 | $108,246 |
2019 | $3,608 | $132,246 | $24,000 | $108,246 |
2018 | $3,573 | $130,376 | $24,000 | $106,376 |
2017 | $2,021 | $76,196 | $24,000 | $52,196 |
2016 | $2,189 | $82,535 | $24,000 | $58,535 |
2015 | $1,909 | $100,500 | $24,000 | $76,500 |
2014 | $1,909 | $76,002 | $24,000 | $52,002 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/25/2025 04/25/25 | Price Changed | $199,000 | -4.8% | $142 / Sq Ft |
04/14/2025 04/14/25 | Price Changed | $209,000 | -8.7% | $149 / Sq Ft |
04/08/2025 04/08/25 | For Sale | $229,000 | 0.0% | $164 / Sq Ft |
04/08/2025 04/08/25 | Off Market | -- | -- | -- |
04/08/2025 04/08/25 | Price Changed | $229,000 | -2.5% | $164 / Sq Ft |
02/10/2025 02/10/25 | Price Changed | $234,900 | 0.0% | $168 / Sq Ft |
12/18/2024 12/18/24 | Price Changed | $235,000 | -1.7% | $168 / Sq Ft |
12/14/2024 12/14/24 | Price Changed | $239,000 | -2.4% | $171 / Sq Ft |
11/29/2024 11/29/24 | Price Changed | $245,000 | -1.6% | $175 / Sq Ft |
10/16/2024 10/16/24 | For Sale | $249,000 | 0.0% | $178 / Sq Ft |
10/17/2023 10/17/23 | Rented | $1,625 | +1.9% | -- |
09/27/2023 09/27/23 | For Rent | $1,595 | 0.0% | -- |
11/30/2022 11/30/22 | Sold | -- | -- | -- |
10/29/2022 10/29/22 | Pending | -- | -- | -- |
10/07/2022 10/07/22 | For Sale | $250,000 | +39.7% | $179 / Sq Ft |
08/28/2020 08/28/20 | Sold | -- | -- | -- |
06/26/2020 06/26/20 | For Sale | $179,000 | -- | $128 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Vendors Lien | -- | First American Title | |
Warranty Deed | -- | Capital Title Of Texas | |
Trustee Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $216,000 | Balloon | |
Previous Owner | $161,100 | New Conventional | |
Previous Owner | $112,000 | New Conventional |
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Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8454212

APN: 150975
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