NOT LISTED FOR SALE

525 Demarett Dr Unit 22 Lago Vista, TX 78645

Estimated Value: $210,649

3 Beds
2 Baths
1,741 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 16, 2021

Current estimated payment $1,682/month

Highlights

  • Lake Privileges
  • Community Lake
  • Deck
  • Lago Vista Elementary School Rated A-
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of June 2021

Great townhome for a remodel and STRs. Lake privileges and tons of amenities in Point Venture: Waterfront Park, 2 boat ramps, Playground, Pavilion, Basketball & badminton court, Fishing, Floating restaurant, Golf course (free for residents, walk/bike on paths 7pm-7am), 2 dry storage areas for boats/RVs/trailers, Marina: boat slips & gas, (gas discounted for PV homeowners), Tennis courts: lessons & leagues, Frisbee golf, Pickle Ball, Gym, Library, Meeting room, July 4th parade & festivities, Meal get together’s, Book clubs, Parents club, Live music venues, Trivia nights, Bunko and so much more!!!

Last Agent to Sell the Property

Emily Dieckmann

eXp Realty, LLC License #0651281 Listed on: 05/06/2021

eXp Realty, LLC

Last Buyer's Agent

Trisha Winters

eXp Realty, LLC License #0719076

eXp Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1972

Lot Details

  • 1,786 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence

HOA Fees

  • $156 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,741 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Neighborhood Views
  • Disposal
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Assigned Parking

Outdoor Features

  • Lake Privileges
  • Balcony
  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities

Listing and Financial Details

  • Probate Listing
  • Down Payment Assistance Available
  • Tax Lot 179
  • Assessor Parcel Number 01478309220000
  • 3% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance
  • Pv Poa
  • Visit Association Website
  • Point Venture Sec 02 B Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions
  • Community Lake

Amenities

  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,661

Year Built

Built in 1972

Lot Details

0

HOA Fees

$156 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Unit Style: 2nd Floor Entry, Multi-level Floor Plan
  • Restrictions: Deed Restrictions
  • Year Built: 1972
  • Additional Parcels: No
  • Direction Faces: SW
  • Directions: Once in Point Venture, in 1.1 miles, turn left onto Nicklaus Dr. In 450 feet, turn right onto Demarett Dr. In 300 feet, take a slight left turn. Townhome on left in 150 feet.
  • Disclosures: None
  • Estimated Taxes: 4856.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Three Or More
  • Living Area: 1741.00
  • Other Structures: None
  • Special Listing Conditions: Probate Listing
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling-High, Primary Bedroom on Main
  • Laundry Location: Laundry Room
  • View: Neighborhood
  • Flooring: Carpet, Laminate
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Disposal
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: None
  • Window Features: None

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lake Travis
  • Waterfront Features: Lake Privileges
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: See Remarks
  • Utilities: Underground Utilities
  • Heating: Electric
  • Water Source: See Remarks
  • Cooling: Ceiling Fan(s), Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 156.00
  • Community Web Site: www.pointventure.com

Association/Amenities

  • Association Name: PV POA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, Lake

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 01478309220000
  • Lot Size Acres: 0.0410
  • Lot Size Sq Ft: 1785.96
  • Subdivision Name: Point Venture Sec 02-B

Building Info

  • Construction Materials: Wood Siding
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1741
  • Tax Lot: 179
  • Tax Rate: 2.75157000000000
  • Tax Year: 2021
  • Tax Annual Amount: 3661.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 15, 2021
Sold by
Leyva Gerald Edward
Bought by
Mutschink Jennifer
Seller's Agent
Emily Dieckmann
eXp Realty, LLC
Buyer's Agent
Trisha Winters
eXp Realty, LLC
List Price
$150,000
Current Estimated Value
$210,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%
Original Mortgage
$120,000
Outstanding Balance
$109,352
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$166,383

Purchase Details

Closed on
Jan 22, 2007
Sold by
Breslow James and Breslow Marji
Bought by
Leyva Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,660
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2005
Sold by
Shelton Kimberly Dianna
Bought by
Breslow James and Breslow Marji
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
Mutschink Jennifer -- Texas National Title
Leyva Craig S -- First American Title
Breslow James -- Texas American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mutschink Jennifer $120,000
Previous Owner Leyva Craig S $58,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold -- -- --
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $150,000 -- $86 / 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 $4,469 $182,472 $66,590 $115,882
2023 $4,469 $190,829 $30,000 $160,829
2022 $4,283 $166,595 $30,000 $136,595
2021 $4,806 $176,480 $24,000 $152,480
2020 $3,576 $133,049 $24,000 $109,049
2018 $3,602 $131,429 $24,000 $107,429
2017 $3,317 $125,026 $24,000 $101,026
2016 $2,486 $93,722 $24,000 $69,722
2015 $2,151 $115,121 $24,000 $91,121
2014 $2,151 $85,651 $24,000 $61,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8351043

Unlock MLS (Austin Board of REALTORS®)

APN: 150985