NOT LISTED FOR SALE

510 Demarett Dr Unit 6 Lago Vista, TX 78645

Estimated Value: $232,623 - $275,000

3 Beds
2 Baths
1,626 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 05, 2024

Current estimated payment $1,950/month

44 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Lake View
  • Lago Vista Elementary School Rated A-
  • Fishing
  • Open Floorplan

About This Home

As of June 2024

This exquisite townhouse boasts three bedrooms and two bathrooms in the charming village of Point Venture—an opportunity you won't want to miss. Step into the welcoming ambiance of the ground floor featuring a full bedroom and bathroom, complemented by an airy open floor plan perfect for hosting guests. Outside, revel in the expansive outdoor living space and stunning deck offering picturesque views of the fourth hole of the Point Venture golf course. Upstairs, discover two additional bedrooms and another full bathroom, each offering sweeping vistas of both the lake and the golf course. Point Venture itself offers an array of amenities, including a sprawling lakefront park with sandy beaches, a frisbee golf course, and tennis courts. Residents also enjoy access to a pool, Pickleball courts, a marina with a floating restaurant, and more—all included with the HOA. Experience the essence of vacation living year-round in this captivating community.

Last Agent to Sell the Property

Joe Hawes

Venture Partners R.E. Brokerage Phone: (951) 387-2770 License #0748689 Listed on: 02/26/2024

Last Buyer's Agent

Kari Lichman

REALTY CAPITAL CITY License #0615795

REALTY CAPITAL CITY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,265

Year Built

  • Built in 1972

Lot Details

  • 1,799 Sq Ft Lot
  • On Golf Course
  • East Facing Home
  • Wooded Lot
  • Property is in average condition

HOA Fees

  • $185 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,626 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows

Kitchen

  • Built-In Electric Range
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Assigned Parking

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include see remarks

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01478308060000

Community Details

Overview

  • Point Venture Poa
  • Point Venture Sec 02 B Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Fishing
  • Putting Green

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,265

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: East
  • Directions: From 1431 go south on Lohmans ford. Right on Venture, Left on Nicklaus, Right on Demarett. Home will be the Right.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: See Remarks
  • Levels: Two
  • Living Area: 1626
  • Other Structures: Storage
  • Special Listing Conditions: Standard
  • Attribution Contact: (951) 387-2770
  • Attribution Contact: (951) 387-2770
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 7712.00
  • FEMA Flood Plain: No
  • Restrictions: See Remarks
  • Tax Exemptions: Homestead,Over 65
  • Unit Style: 1st Floor Entry,Entry Steps,Multi-level Floor Plan
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Granite Counters, Open Floorplan
  • View: Golf Course, Lake
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: See Remarks
  • Appliances: Built-In Electric Range
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Fair
  • Security Features: See Remarks
  • Spa Features: None
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room,Lower Level
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Num Guest Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Common
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Heat Pump
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 185

Association/Amenities

  • Association Name: Point Venture POA
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Fishing, Fitness Center, Golf, Lake, Pool, Putting Green, Sport Court(s)/Facility, Tennis Court(s)

Schools

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

Lot Info

  • Lot Features: Backs To Golf Course, Trees-Moderate, Views
  • Parcel Number: 01478308060000
  • Lot Size Acres: 0.0413
  • Lot Size Sq Ft: 1799.03
  • Subdivision Name: Point Venture Sec 02-B

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6264.73
  • Tax Map Number: 156
  • Tax Filled Sqft Total: 1626
  • Tax Rate: 2.57080000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Jun 5, 2024
Sold by
510 Demarett Dr Llc
Bought by
Denton Tessa
Seller's Agent
Joe Hawes
Venture Partners R.E.
Buyer's Agent
Kari Lichman
REALTY CAPITAL CITY
List Price
$250,000
Views
76
Current Estimated Value
$245,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$8,641
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 27, 2022
Sold by
Devries Jon C and Devries Sherry J
Bought by
510 Demarett Dr Llc
Seller's Agent
Monica DiSchiano
Redfin Corporation
Buyer's Agent
Aaron Gordy
Vantage Residential Equity
List Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.23%
Original Mortgage
$232,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2005
Sold by
Fick Benjamin Keith and Fick Keri Ann
Bought by
Devries Jon C and Devries Sherry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Fick Benjamin Keith and Fick Keri Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2003
Sold by
Armstrong Robert W and Armstrong Julie
Bought by
Wells Fargo Bank Minnesota Na

Purchase Details

Closed on
May 29, 2001
Sold by
Anderson Tony Glenn
Bought by
Armstrong Robert W and Armstrong Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
11.5%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Cabaniss James R and Cabaniss Patsy
Bought by
Anderson Tony Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
7.69%
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
Denton Tessa -- Independence Title
510 Demarett Dr Llc -- Gerdes Stephen M
Devries Jon C -- Texas American Title Company
Fick Benjamin Keith -- --
Wells Fargo Bank Minnesota Na $85,279 --
Armstrong Robert W -- --
Anderson Tony Glenn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Denton Tessa $8,641
Open Denton Tessa $216,015
Previous Owner 510 Demarett Dr Llc $232,000
Previous Owner Devries Jon C $76,500
Previous Owner Fick Benjamin Keith $62,000
Previous Owner Armstrong Robert W $77,400
Previous Owner Anderson Tony Glenn $69,900
Closed Fick Benjamin Keith $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2024 06/05/24 Sold -- -- --
02/26/2024 02/26/24 For Sale $250,000 -13.8% $154 / Sq Ft
05/31/2022 05/31/22 Sold -- -- -- View Prior Sale
04/04/2022 04/04/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $289,900 0.0% $178 / Sq Ft
02/02/2019 02/02/19 Rented $1,050 -12.5% --
01/26/2019 01/26/19 Under Contract -- -- --
10/17/2018 10/17/18 For Rent $1,200 +9.1% --
03/14/2017 03/14/17 Rented $1,100 0.0% --
03/08/2017 03/08/17 Under Contract -- -- --
03/06/2017 03/06/17 For Rent $1,100 +22.2% --
01/25/2015 01/25/15 Rented $900 -28.0% --
01/09/2015 01/09/15 Under Contract -- -- --
05/26/2014 05/26/14 For Rent $1,250 +4.2% --
10/09/2013 10/09/13 Rented $1,200 0.0% --
10/03/2013 10/03/13 Under Contract -- -- --
09/30/2013 09/30/13 For Rent $1,200 -- --
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 $5,567 $236,883 $66,590 $170,293
2024 $5,567 $273,978 $60,000 $213,978
2023 $7,123 $300,953 $30,000 $270,953
2022 $6,265 $243,684 $30,000 $213,684
2021 $4,651 $170,807 $24,000 $146,807
2020 $3,346 $124,500 $24,000 $100,500
2018 $3,487 $127,228 $24,000 $103,228
2017 $3,092 $116,561 $24,000 $92,561
2016 $2,067 $77,922 $24,000 $53,922
2015 $1,936 $106,708 $24,000 $82,708
2014 $1,936 $83,392 $24,000 $59,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1961726

Unlock MLS (Austin Board of REALTORS®)

APN: 150946