NOT LISTED FOR SALE

537 Demarett Dr Unit 28 Lago Vista, TX 78645

Estimated Value: $301,000 - $323,000

3 Beds
2 Baths
1,647 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 15, 2022

Current estimated payment $2,461/month

25 Days on Market

Highlights

  • Golf Course View
  • Deck
  • Vaulted Ceiling
  • Lago Vista Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of July 2022

Beautifully Updated Townhome In The Heart of Point Venture/Lago Vista*Open Floorplan Loaded w/ Windows Offering Great Views of The Huge Main Floor Entertainment Deck & Golf Course Beyond*Lovingly Maintained By Current Owner*Newer Cabinets, Wood & Tile Flooring, Granite Counters In Kitchen, Updated Bathrooms*Unique Floorplan w/ 2 BDRMS Up & 1 BDRM On Main Floor*Vaulted Ceilings in Upstairs Bedrooms*Large Indoor Utility Area*Charming Entry Patio Opens to Interior 2 Story Foyer*Large Upstairs Entertainment Deck Off Both Bedrooms Provide Nice Golf Course & Hill Country Views!! Tons of Potential For This Turn Key Unit-Weekend Getaway, Investment Townhome or Just a Great Place to Call Home*Lago Vista Schools*Come Enjoy All That Point Venture Has to Offer-Point Venture Golf Club, Point Venture Park w/ Community Pool, Fitness Center, Tennis Courts, Waterfront Park, Marina & Lake Access-All Along Beautiful Lake Travis!!

Last Agent to Sell the Property

James Watson

Compass RE Texas, LLC License #0450654 Listed on: 05/05/2022

Compass RE Texas, LLC

Co-Listed By

Craig Vaughan

Compass RE Texas, LLC License #0651244

Last Buyer's Agent

Campbell Key

Vantage Residential Equity License #0778360

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1972

Lot Details

  • 1,786 Sq Ft Lot
  • Southwest Facing Home
  • Wooded Lot
  • Dense Growth Of Small Trees

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Golf Course
  • Woods
  • Hills

Home Design

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

Interior Spaces

  • 1,647 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Outside Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 173
  • Assessor Parcel Number 01478309280000
  • 3% Total Tax Rate

Community Details

Overview

  • Voluntary home owners association
  • Association fees include sewer, trash, water
  • Pvpoa & Pvtha Association
  • Point Venture Sec 02 B Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Common Area
  • Community Mailbox

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,116

Year Built

Built in 1972

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Unit Style: 1st Floor Entry
  • Restrictions: Deed Restrictions
  • Year Built: 1972
  • Additional Parcels: No
  • Direction Faces: SW
  • Directions: From Lago Vista, continue South on Lohman Ford Rd until you reach the Point Venture Entrance. Turn Left on Venture Blvd North and stay straight on Venture Drive. Turn Left on Nicklaus Drive, then Right on Demarett Drive. Turn Left onto Burke Blvd and townhome is to your left. Parking is available along Burke Blvd. Concrete steps from Burke Blvd lead up to the unit's back patio.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure, Water District
  • Estimated Taxes: 4013.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 1647.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-Vaulted, Counter-Granite, Electric Dryer Hookup, Entrance Foyer, Interior Steps, Washer Hookup
  • Laundry Location: Laundry Room, Main Level
  • View: Golf Course, Hill Country, Trees/Woods
  • Flooring: Carpet, Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Washer/Dryer
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Blinds

Beds/Baths

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Municipal Utility District (MUD)
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: Municipal Utility District (MUD)
  • Cooling: Central Air, Wall/Window Unit(s)

Condo/Co-op/Association

  • HOA Fee Includes: Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 183.00

Association/Amenities

  • Management Company: PVPOA Management
  • Association Name: PVPOA & PVTHA
  • Requirement: Voluntary
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds

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: Near Golf Course, Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)
  • Parcel Number: 01478309280000
  • 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: 1608
  • Tax Lot: 173
  • Tax Rate: 2.72308000000000
  • Tax Year: 2021
  • Tax Annual Amount: 2116.00
  • Tax Exemptions: Disability, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 15, 2022
Sold by
Carlson Mark E
Bought by
Perez Jesus Cesar
Seller's Agent
James Watson
Compass RE Texas, LLC
Buyer's Agent
Campbell Key
Vantage Residential Equity
List Price
$359,900
Current Estimated Value
$315,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.53%
Original Mortgage
$257,250
Outstanding Balance
$244,744
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$70,824

Purchase Details

Listed on
Feb 6, 2014
Closed on
Sep 30, 2014
Sold by
West Harold R and West Christy
Bought by
Carlson Mark E
Seller's Agent
Pamela Ratfield
Ratfield Real Estate, LLC
Buyer's Agent
Jeanne Calvi
Denver Dunlap Real Estate
List Price
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%
Original Mortgage
$94,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2011
Sold by
Vanstavern Joni and Pagarigan Rowena C
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Mar 7, 2011
Sold by
Tainted Properties Llc
Bought by
Point Venture Townhouses Inc

Purchase Details

Closed on
Sep 21, 2006
Sold by
Keister Esther M and Keister Lee
Bought by
Vanstavern Joni and Pagarigan Rowena C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,075
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2000
Sold by
Kounelias Stephan J
Bought by
Mujica Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,950
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Perez Jesus Cesar -- Independence Title
Carlson Mark E -- None Available
Phh Mortgage Corporation $98,100 None Available
Point Venture Townhouses Inc -- None Available
Vanstavern Joni -- Independence Title Co
Mujica Esther M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jesus Cesar $257,250
Previous Owner Carlson Mark E $94,400
Previous Owner Vanstavern Joni $84,075
Previous Owner Mujica Esther M $54,950
Closed Mujica Esther M $15,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold -- -- --
05/30/2022 05/30/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $349,900 -2.8% $212 / Sq Ft
05/05/2022 05/05/22 For Sale $359,900 +188.2% $219 / Sq Ft
09/30/2014 09/30/14 Sold -- -- -- View Prior Sale
09/11/2014 09/11/14 Pending -- -- --
06/25/2014 06/25/14 Price Changed $124,900 -7.4% $78 / Sq Ft
02/06/2014 02/06/14 For Sale $134,900 +306.9% $84 / Sq Ft
01/20/2012 01/20/12 Sold -- -- -- View Prior Sale
12/06/2011 12/06/11 Pending -- -- --
10/18/2011 10/18/11 For Sale $33,155 -- $21 / 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 $7,257 $289,385 $66,590 $222,795
2023 $7,932 $335,150 $30,000 $305,150
2022 $4,167 $162,092 $0 $0
2021 $4,013 $147,356 $24,000 $163,484
2020 $3,601 $133,960 $24,000 $109,960
2018 $3,042 $110,997 $24,000 $117,815
2017 $2,677 $100,906 $24,000 $98,145
2016 $2,433 $91,733 $24,000 $67,733
2015 $1,537 $90,977 $24,000 $88,520
2014 $1,537 $82,706 $24,000 $58,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8994630

Unlock MLS (Austin Board of REALTORS®)

APN: 150991