NOT LISTED FOR SALE

541 Demarett Dr Unit 30 Lago Vista, TX 78645

Estimated Value: $256,107 - $301,000

3 Beds
2 Baths
1,626 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 25, 2022

Current estimated payment $2,294/month

84 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Lake
  • Lago Vista Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of November 2022

This delightful 3/2 townhome is located in Point Venture with fabulous community amenities including a lakeside pool, park/playground, floating restaurant, tennis courts, a fitness center, and more! STR’s are permitted! Enjoy living minutes from the lake in an established community. This first-floor entry features a soaring ceiling with a stunning chandelier. Head up the stairs to the main level which hosts a spacious living room, an eat-in kitchen, and primary bedroom. The living room is very spacious and opens to the kitchen and dining area - perfect for entertaining! The eat-in kitchen features an abundance of cabinetry for storage, a lovely mosaic tile backsplash, quality appliances, and a breakfast bar where you can sit and chat with the cook. The primary bedroom is located on the main floor with laminate flooring, a ceiling fan, and a walk-in closet. The main bathroom is just steps away and is equipped with a modern vanity, a decorative mirror, and a tub/shower combo. The secondary bedrooms are located on the third floor with vaulted ceilings and direct access to a private balcony with great views of the community grounds. On the main floor, glass-panel french doors invite you to an awesome enclosed patio where you can lounge in the shade or entertain family and friends. Zoned to award-winning Lago Vista ISD schools. Schedule a showing today!

Last Agent to Sell the Property

Alaina Jones

Compass RE Texas, LLC License #0607038 Listed on: 08/10/2022

Compass RE Texas, LLC

Last Buyer's Agent

Chrystal Pardue

Keller Williams Realty License #0738761

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 1972

Lot Details

  • 1,799 Sq Ft Lot
  • North Facing Home

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,626 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Chandelier
  • Blinds
  • French Doors
  • Entrance Foyer
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • Reserved Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 171
  • Assessor Parcel Number 01478309300000
  • 3% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance
  • Point Venture HOA
  • Low-Rise Condominium
  • Point Venture Sec 02 B Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions
  • Community Lake

Amenities

  • Common Area
  • Restaurant
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,745

Year Built

Built in 1972

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Unit Style: 1st Floor Entry, Low Rise (1-3 Stories), Multi-level Floor Plan
  • Restrictions: Covenant
  • Year Built: 1972
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: 1431 west to Lago Vista. Left on Lohman Ford. Right on Venture Blvd. Left on Nicklaus. Right on Demarett.
  • Disclosures: Other Disclosures
  • Estimated Taxes: 8344.00
  • 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: Three Or More
  • Living Area: 1626.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-High, Ceiling-Vaulted, Chandelier, Counter-Laminate, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, French Doors, Interior Steps, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
  • Laundry Location: Inside, Laundry Room
  • View: None
  • Flooring: Laminate
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Oven, Free-Standing Electric Range
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds

Beds/Baths

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Internet-Cable, Phone Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 185.00

Association/Amenities

  • Association Name: Point Venture HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Fitness Center, Golf Course, Lake, Park, Playground, Pool, Restaurant, Sport Court(s)/Facility, Tennis Court(s)

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: 01478309300000
  • Lot Size Acres: 0.0413
  • Lot Size Sq Ft: 1799.03
  • Subdivision Name: Point Venture Sec 02-B

Building Info

  • Construction Materials: Vinyl Siding
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1626
  • Tax Lot: 171
  • Tax Rate: 2.72310000000000
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Nov 21, 2022
Sold by
Short Alana
Bought by
Nishimura Erin and Nishimura Kurtis
Seller's Agent
Alaina Jones
Compass RE Texas, LLC
Buyer's Agent
Chrystal Pardue
Keller Williams Realty
List Price
$335,000
Views
19
Current Estimated Value
$280,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.44%
Original Mortgage
$213,750
Outstanding Balance
$208,378
Interest Rate
6.94%
Mortgage Type
Balloon
Estimated Equity
$50,935

Purchase Details

Listed on
May 29, 2020
Closed on
Oct 6, 2020
Sold by
Sanchez Fred
Bought by
Short Alana
Seller's Agent
Ellen Burns
Coldwell Banker Realty
Buyer's Agent
Alaina Jones
Compass RE Texas, LLC
List Price
$203,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%
Original Mortgage
$196,377
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jun 30, 2017
Sold by
Cowart Karen Gruss
Bought by
Sanchez Fred
Seller's Agent
Shelly Hall
Compass RE Texas, LLC
Buyer's Agent
Non Member
Non Member
List Price
$147,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$112,800
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 1996
Sold by
Byrnes George C and Byrnes Jane V
Bought by
Cowart Karen Gruss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nishimura Erin -- Austin Title Company
Short Alana -- Independence Title Company
Sanchez Fred -- None Available
Cowart Karen Gruss -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nishimura Erin $213,750
Previous Owner Short Alana $196,377
Previous Owner Sanchez Fred $112,800
Previous Owner Cowart Karen Gruss $82,650
Previous Owner Cowart Karen Gruss $70,400
Previous Owner Cowart Karen Gruss $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2022 11/25/22 Sold -- -- --
11/02/2022 11/02/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $315,000 -6.0% $194 / Sq Ft
08/10/2022 08/10/22 For Sale $335,000 +64.6% $206 / Sq Ft
10/06/2020 10/06/20 Sold -- -- --
09/03/2020 09/03/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $203,500 +38.4% $125 / Sq Ft
06/30/2017 06/30/17 Sold -- -- --
06/09/2017 06/09/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $147,000 -- $90 / 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 $6,745 $285,000 $30,000 $255,000
2022 $7,878 $306,450 $30,000 $276,450
2021 $5,821 $213,757 $24,000 $189,757
2020 $4,041 $150,337 $24,000 $126,337
2018 $4,069 $148,468 $24,000 $124,468
2017 $2,679 $100,998 $24,000 $101,442
2016 $2,436 $91,816 $24,000 $67,816
2015 $1,068 $92,805 $24,000 $88,629
2014 $1,068 $84,368 $24,000 $60,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9114980

Unlock MLS (Austin Board of REALTORS®)

APN: 150993