505 Demarett Dr Unit 12 Lago Vista, TX 78645
Estimated payment $1,394/month
Total Views
77
2
Beds
2
Baths
1,398
Sq Ft
$129
Price per Sq Ft
Highlights
- Golf Course Community
- Fitness Center
- Community Lake
- Lago Vista Elementary School Rated A-
- Lake View
- Deck
About This Home
Outstanding Value. Priced $75000 below 2024 Tax Accessed Value. Provides access to Lake Travis, boat ramps, 50 acre Home Owners Park. tennis, basketball and more. Soaring ceiling in living area and a floating fireplace. Kitchen is open to living room. One bedroom and full bath on the main level and another bedroom and bath on the second floor. Oversized utility room offers great storage.
Listing Agent
Berkshire Hathaway TX Realty Brokerage Phone: (512) 483-6000 License #0344131 Listed on: 08/19/2025
Co-Listing Agent
homegenius Real Estate LLC Brokerage Phone: (512) 483-6000 License #0516417
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,170
Year Built
- Built in 1972
Lot Details
- 1,799 Sq Ft Lot
- Lot Dimensions are 25x75
- West Facing Home
- Open Lot
- Many Trees
HOA Fees
- $234 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
- High Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- See Through Fireplace
- Blinds
- Display Windows
- Living Room with Fireplace
Kitchen
- 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
- REO, home is currently bank or lender owned
- Assessor Parcel Number 01478309120000
Community Details
Overview
- Association fees include common area maintenance, trash
- Pont Venture Poa And Point Venture Townhouses Association
- 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
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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 |
|---|---|---|---|---|
| 2025 | $6,170 | $247,789 | $66,590 | $181,199 |
| 2023 | $6,170 | $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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $179,900 | 0.0% | $129 / 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 |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed In Lieu Of Foreclosure | -- | None Listed On Document | |
| Deed In Lieu Of Foreclosure | -- | None Listed On Document | |
| Deed | -- | -- | |
| Vendors Lien | -- | First American Title | |
| Warranty Deed | -- | Capital Title Of Texas | |
| Trustee Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $216,000 | Balloon | |
| Previous Owner | $161,100 | New Conventional | |
| Previous Owner | $112,000 | New Conventional |
Source: Public Records
Similar Homes in Lago Vista, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5395948
APN: 150975
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