$169,900
SOLD AUG 31, 2016
Last list price

508 Demarett Dr Unit 5 Lago Vista, TX 78645

2 Beds
2 Baths
1,398 Sq Ft
$159/mo HOA Fee

Recently Sold

$122 Per Sq Ft

9 Days on Market

Highlights

  • On Golf Course
  • Lake View
  • Wood Flooring
  • Lago Vista Elementary School Rated A-
  • Deck
  • High Ceiling

About This Home

As of June 2022

This home is located at 508 Demarett Dr Unit 5, Lago Vista, TX 78645 and is currently estimated at $169,900, approximately $121 per square foot. This property was built in 1972. 508 Demarett Dr Unit 5 is a home located in Travis County with nearby schools including Lago Vista Elementary School, Lago Vista Intermediate School, and Lago Vista Middle School.

Last Agent to Sell the Property

Darlene Campbell

All City Real Estate Ltd. Co License #0485023 Listed on: 07/22/2016

All City Real Estate Ltd. Co

Last Buyer's Agent

Emily Dieckmann

eXp Realty, LLC License #0651281

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,231

Year Built

  • 1972

HOA Fees

  • $159 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,398 Sq Ft Home
  • High Ceiling
  • Window Treatments
  • Solar Screens

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • Outside Parking
  • Reserved Parking

Utilities

  • Central Heating
  • Natural Gas Not Available
  • High Speed Internet

Additional Features

  • No Carpet
  • Deck
  • On Golf Course

Listing and Financial Details

  • 3% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, trash collection

Recreation

  • Golf Course Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,231

Year Built

1972

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo
  • Unit Style: 1st Floor Entry
  • Access Instructions: Key In Lockbox
  • Restrictions: Yes
  • Total Sq Ft: 1398
  • Steps: Exterior Steps, Front Steps, Interior Steps
  • Stories: 2
  • Year Built Exception: Resale
  • Restrictions Type: Deed Restrictions
  • Ratio Close Price By List Price: 0.97116
  • Ratio Close Price By Original Li: 0.97116
  • Ratio Close Price By Sq Ft: 118.03
  • Ratio Current Price By Lot Size: 4024390.24
  • Ratio Current Price By Sq Ft: 118.03
  • Ratio List Price By Sq Ft: 121.53
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Master Description: Full Bath, Separate Shower, Walk-In Shower
  • Kitchen: Breakfast Area, Breakfast Bar, Open To Family Room
  • Main Level Bedrooms: 1
  • Interior Amenities: Smoke Detector, Walk-In Closet, Window Treatments, Ceiling-High
  • Dining Description: Breakfast Area
  • View: Golf Course, Lake/River
  • Laundry Facilities: See Agent, Main Level, Utility/Laundry Room
  • Sprinkler System: Yes
  • Flooring: No Carpet, Tile - Hard, Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Range-Free Standing, Refrigerator, Washer
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 1
  • Num Parking Spaces: 2
  • Region: Northwest Travis Co.

Exterior Features

  • Exterior Features: Deck, Solar Screen
  • Roof: Composition Shingle
  • Construction: Hardiplank Type
  • Water Access: Yes
  • Water Access Description: Private Dock, Public Ramp, See Agent
  • Foundation: Pier & Beam

Garage/Parking

  • Parking Features: 2 Reserved, Outside

Utilities

  • Cooling: Central Air
  • Sewer: Water District, City On Property
  • Utilities: Internet-Cable, Natural Gas Not Available
  • Heating: Central Heat, Electric
  • Water Source: Water District

Condo/Co-op/Association

  • Gated Community: Yes
  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance, Landscaping, Trash Collection
  • Association Fee Frequency: Monthly
  • Association Fee: 159
  • Hoa Name: Point Venture
  • H O A Requirement: Mandatory

Schools

  • School District: Lago Vista ISD
  • Elementary A: Lago Vista
  • Intermediary: Yes
  • Middle Intermediate School: Lago Vista
  • High School: Lago Vista

Lot Info

  • Fire Prevention: Automatic
  • Lot Features: Backs To Golf Course, In Golf Course Community
  • Lot Size Area: 0.041

Tax Info

  • Actual Tax: 2310.00
  • Tax Filled Sqft Total: 1398
  • Tax Rate: 2.68948000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 9, 2022
Sold by
Zinda John A
Bought by
Ogle James William
Seller's Agent
Trevor Heuser
Compass RE Texas, LLC
Buyer's Agent
Amber Hart
Keller Williams - Lake Travis
List Price
$350,000
Current Estimated Value
$311,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.55%
Original Mortgage
$262,500
Outstanding Balance
$250,123
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$61,581

Purchase Details

Listed on
Jan 1, 2020
Closed on
Mar 13, 2020
Sold by
Parker John B
Bought by
Zinda Teresa M and Zinda John A
Seller's Agent
Brandon Kuhlmann
Mark Fox Company
Buyer's Agent
Melissa Miller
Redbird Realty LLC
List Price
$174,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.30%
Original Mortgage
$161,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2018
Sold by
Sam Hill Fillingim
Bought by
Parker John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,021
Interest Rate
4.57%

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 31, 2016
Sold by
Whittlesey Kenneth P and Whittlesey Ana
Bought by
Parker John B
Seller's Agent
Darlene Campbell
All City Real Estate Ltd. Co
Buyer's Agent
Emily Dieckmann
eXp Realty, LLC
List Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$162,011
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2006
Sold by
Carcamo Marion L and Whittlesey Ana
Bought by
Whittlesey Kenneth P and Whittlesey Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1996
Sold by
Farmer Robert W and Farmer Walter L
Bought by
Carcamo Marlon L and Carcamo Ana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.75%
Source: Public Records

Similar Homes in the area

  • 3216 Poe Cove Unit 4D, Lago Vista, TX 78645

    $205,000

    • 2 Beds
    • 1.5 Baths
    • 1,138 Sq Ft
    • 3216 Poe Cove
    • Unit 4D
    • Lago Vista, TX

    Lake views and Texas hill country beauty surround this updated two-story condo tucked just moments from the shores of Lake Travis. Located at 3216 Poe Cove #4D, this home offers 2 bedrooms, 1.5 bathrooms, and a layout designed to take full advantage of the scenery from almost every room! Enjoy your morning coffee or unwind in the evening on the huge deck that overlooks the glistening waters of

    Alice Merryman Venture Partners R.E.

    Section Image
  • 3216 Poe Cove Unit 6C, Lago Vista, TX 78645

    $164,500

    • 2 Beds
    • 1.5 Baths
    • 1,138 Sq Ft
    • 3216 Poe Cove
    • Unit 6C
    • Lago Vista, TX

    **Discover Your Dream Condo**Ideal for Buyers seeking Views with privacyIf your looking in the market for breathtaking view and modern living look no further! Nestled in the scenic hill country, this updated two-bedroom, two bath property showcases panoramic views of the Hill country and serene Lake Travis, making it an idyllic retreat for owners and investors alike.Upon entering

    Scott Bradford All City Real Estate Ltd. Co

    Section Image
  • 3404 American Dr Unit 1226, Lago Vista, TX 78645

    $180,000

    • 1 Bed
    • 1 Bath
    • 492 Sq Ft
    • 3404 American Dr
    • Unit 1226
    • Lago Vista, TX

    Discover your perfect lakeside getaway at The Island on Lake Travis. This charming 1-bed, 1-bath condo—is a top-performing short-term rental and a smart investment. Compact yet efficient, it offers a cozy retreat with everything you need.Resort-Style Amenities: Enjoy 2 outdoor pools, 1 indoor pool, spa, fitness center, lakeside restaurant, gear rental shop, and a custom clothing store. Take

    Frank Baker Keller Williams Heritage

    Section Image
  • 3404 American #1226 Dr, Lago Vista, TX 78645

    $180,000

    • 1 Bed
    • 1 Bath
    • 492 Sq Ft
    • 3404 American #1226 Dr
    • Lago Vista, TX

    Discover your perfect lakeside getaway at The Island on Lake Travis, located at 3404 American Dr, #1226. This charming 1-bed, 1-bath condo—is a top-performing short-term rental and a smart investment. Compact yet efficient, it offers a cozy retreat with everything you need. Resort-Style Amenities: Enjoy 2 outdoor pools, 1 indoor pool, spa, fitness center, lakeside restaurant, gear rental shop,

    Brooke LeMond Keller Williams Heritage

    Section Image
  • 5801 Thunderbird St Unit A16, Leander, TX 78645

    $159,900

    • 2 Beds
    • 2 Baths
    • 1,027 Sq Ft
    • 5801 Thunderbird St
    • Unit A16
    • Leander, TX

    Seller Financing Options Available! Welcome to your lakeside oasis in beautiful Lago Vista. This delightful corner condo, located on the second story, offers a perfect blend of modern living and serene surroundings. Recently renovated, this home radiates sophistication and comfort, making it an ideal choice for low-maintenance living.As you enter, you're greeted by an airy open concept that

    Laura Mendez Exum Pure Realty

    Section Image
  • 5916 Lago Vista Way Unit B16, Lago Vista, TX 78645

    $215,000

    • 3 Beds
    • 3 Baths
    • 1,526 Sq Ft
    • 5916 Lago Vista Way
    • Unit B16
    • Lago Vista, TX

    Three bedroom condo with a flexible layout: a two bed, two bath primary unit on the second floor and a separate studio apartment on the ground floor, each with its own entrance. An ideal setup for living in one unit and renting the other, or renting both for additional income. A shared laundry room with washer and dryer (included) is located on the ground floor. Covered parking for two cars is

    Charlice Wehbe McAllister & Associates

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- None Listed On Document
Vendors Lien -- None Available
Deed -- --
Vendors Lien -- Attorney
Interfamily Deed Transfer -- First American
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,500 New Conventional
Previous Owner $161,500 New Conventional
Previous Owner $54,021 No Value Available
Previous Owner -- No Value Available
Previous Owner $162,011 FHA
Previous Owner $44,000 Purchase Money Mortgage
Previous Owner $54,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold -- -- --
05/03/2022 05/03/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $350,000 +100.1% $250 / Sq Ft
03/13/2020 03/13/20 Sold -- -- --
01/14/2020 01/14/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $174,900 +2.9% $125 / Sq Ft
08/31/2016 08/31/16 Sold -- -- --
07/31/2016 07/31/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $169,900 -- $122 / 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 $4,231 $284,008 $66,590 $217,418
2023 $4,512 $295,947 $0 $0
2022 $6,917 $269,043 $30,000 $239,043
2021 $5,124 $188,151 $24,000 $164,151
2020 $3,638 $135,340 $24,000 $111,340
2018 $3,658 $133,470 $24,000 $109,470
2017 $3,368 $126,946 $24,000 $102,946
2016 $2,021 $76,199 $24,000 $52,199
2015 $1,560 $85,900 $24,000 $61,900
2014 $1,560 $62,110 $24,000 $38,110
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2059142

Unlock MLS (Austin Board of REALTORS®)

APN: 150945