$250,000
SOLD NOV 30, 2022
Last list price

505 Demarett Dr Unit 12 Lago Vista, TX 78645

2 Beds
2 Baths
1,398 Sq Ft
$185/mo HOA Fee

Recently Sold

$179 Per Sq Ft

22 Days on Market

Highlights

  • Lake View
  • Deck
  • High Ceiling
  • Lago Vista Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Beamed Ceilings

About This Home

As of November 2022

WELCOME HOME! This is a must see 2 bed/2 bath townhome with a view! Tile floors throughout the home, high ceilings, and tons of natural light. Right off the golf course and minutes from the lake. Ideal rental property or Airbnb.

Last Agent to Sell the Property

Stephen Remore

eXp Realty LLC License #0753623 Listed on: 10/07/2022

eXp Realty LLC

Last Buyer's Agent

Ashley Darnell

Kuper Sotheby's Int'l Realty License #0560539

Kuper Sotheby's Int'l Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,187

Year Built

  • Built in 1972

Lot Details

  • 1,799 Sq Ft Lot
  • West Facing Home
  • Open Lot
  • Many Trees
  • Property is in good condition

HOA Fees

  • $185 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
  • See Through Fireplace
  • Living Room with Fireplace
  • Tile Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Outside Parking

Outdoor Features

  • Deck

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

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Community Playground
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,187

Year Built

Built in 1972

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1972
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: 183N to City of Cedar Park. Left on 1431 to City of Lago Vista, Left on LOHM.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 1398
  • Other Structures: None
  • Special Listing Conditions: Standard
  • ETJ Extra Territorial Jurdn: See Remarks
  • Estimated Taxes: 7187.00
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: See Remarks
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Beamed Ceilings, High Ceilings, Primary Bedroom on Main, Walk-In Closet(s)
  • View: Golf Course, Hill Country, Lake
  • Flooring: Tile
  • Fireplace Features: Living Room, See Through
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Disposal, Washer/Dryer
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Good
  • Window Features: None
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Inside,Main Level
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Outside, Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: Electricity Available
  • Heating: Central, Electric
  • Water Source: MUD
  • Cooling: Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 185

Association/Amenities

  • Association Name: Pont Venture POA
  • Association: Yes
  • Community Features: Common Grounds, Picnic Area, Playground, Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: Level, Open Lot, Many Trees, Trees-Small (Under 20 Ft)
  • Parcel Number: 01478309120000
  • Lot Size Acres: 0.0413
  • Lot Size Sq Ft: 1799.03
  • Subdivision Name: Point Venture Sec 02-B

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7187.29
  • Tax Map Number: 189
  • Tax Filled Sqft Total: 1398
  • Tax Rate: 2.89900000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 28, 2022
Sold by
Bryan Robert C and Bryan Victoria L
Bought by
Doyle Carly
Seller's Agent
Stephen Remore
eXp Realty LLC
Buyer's Agent
Ashley Darnell
Kuper Sotheby's Int'l Realty
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Total Days on Market
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.33%
Original Mortgage
$216,000
Outstanding Balance
$210,199
Interest Rate
6.58%
Mortgage Type
Balloon
Estimated Equity
$21,874

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 28, 2020
Sold by
Abdulkader Jamal Ahmad and Dine Melissa Issam
Bought by
Bryan Robert C and Bryan Victoria L
Seller's Agent
Kay Zazy
Kay Zazy, Broker
Buyer's Agent
Stacey Deville
Townes LLC
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$161,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2016
Sold by
Kumar Nalin
Bought by
Abdulkader Mohamad

Purchase Details

Closed on
Jan 11, 2011
Sold by
Kumar Nalin
Bought by
Wammn Investments Llc & Hulu Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
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
Open $216,000 Balloon
Previous Owner $161,100 New Conventional
Previous Owner $112,000 New Conventional
Source: Public Records

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
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
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1145373

Unlock MLS (Austin Board of REALTORS®)

APN: 150975