NOT LISTED FOR SALE

545 Demarett Dr Unit 1 Lago Vista, TX 78645

Estimated Value: $218,234 - $269,000

2 Beds
2 Baths
1,386 Sq Ft
$176/Sq Ft Est. Value

Highlights

  • Golf Course View
  • Deck
  • Corner Lot
  • Lago Vista Elementary School Rated A-
  • Family Room with Fireplace
  • High Ceiling

About This Home

As of May 2015

Beautiful corner lot townhouse in a resort like community with lake and golf course view. There is a tennis court and large size swimming pool as well for tenant to enjoy and paid by the landlord with the HOA. 2 bedroom, 2 full bath. You can watch the golfer or enjoy the view from enclosed deck of living area. Also there is balcony with storage area, accessible from master bedroom. Extra parking space

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,482

Year Built

  • Built in 1974

Lot Details

  • 0.41

Parking

  • Reserved Parking

Home Design

  • Flat Roof Shape
  • Pier And Beam

Interior Spaces

  • 1,386 Sq Ft Home
  • High Ceiling
  • Family Room with Fireplace
  • Golf Course Views
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Additional Features

  • Deck
  • Central Heating

Listing and Financial Details

  • Security Deposit $975
  • Tenant pays for cable TV, cable/satellite TV, dishes, electric, pest control, phone landline
  • The owner pays for association fees
  • 6-Month Min and 12-Month Max Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 01478309010000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,482

Year Built

Built in 1974

Lot Details

0

Rental Info

  • App Deposit Payable To: Roy Ables
  • App Fee Payable To: Keller Williams Realty
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: See Attached
  • Application Requirements: Application Fee, Credit Report, Online App/Inst, See Agent
  • First Month Rent Payable To: Broker
  • Furnished: Unfurnished
  • Lease Guarantor: No
  • Max Lease Months: 12
  • Min Lease Months: 6
  • Move In Requirements: Application Deposit, Cashiers Check, First Months Rent, Money Order, Prorated Rent, See Agent
  • Owner Pays: Association Fees
  • Section8: No
  • Security Deposit: 975
  • Smoking Inside: No
  • Tenant Pays: Cable Tv, Cable/Satellite Tv, Dishes, Electric, Pest Control, See Agent, Phone Landline

Listing Details

  • Property Type: Lease
  • Property Sub Type: Townhouse
  • Unit Style: 2nd Floor Entry
  • Access Instructions: Key In Lockbox
  • Total Sq Ft: 1386
  • Steps: Back Steps, Front Steps
  • Stories: 2
  • Year Built: 1974
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.97500
  • Ratio Close Price By Sq Ft: 0.70
  • Ratio Current Price By Lot Size: 2360.77
  • Ratio Current Price By Sq Ft: 0.70
  • Ratio List Price By Sq Ft: 0.70
  • Special Features: None

Interior Features

  • Disability Features: No
  • Master Description: Full Bath
  • Kitchen: Breakfast Area, Breakfast Bar
  • Main Level Bedrooms: 1
  • Interior Amenities: Ceiling-High
  • Laundry Location: Main Level, Utility/Laundry Room
  • Dining Description: Breakfast Area, Dining L
  • View: Golf Course, See Agent
  • Laundry Facilities: Dryer Connection - Electric, Washer Connections, Main Level, Utility/Laundry Room
  • Sprinkler System: No
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Kitchen Appliances: Range-Free Standing, Refrigerator
  • Master Main: No
  • Num Dining: 1
  • Fireplaces: 1
  • Num Living: 1
  • Num Other Level Beds: 1
  • Num Parking Spaces: 2
  • Region: Northwest Travis Co.
  • Refrigerator: Yes

Exterior Features

  • Pool on Property: No
  • Trees: Medium (20 Ft - 40 Ft)
  • Waterfront: No
  • Waterfront Description: See Agent
  • Exterior Features: Deck
  • Roof: Flat
  • Construction: Frame
  • Horses Allowed On Property: No
  • Water Access: Yes
  • Water Access Description: Lake, Public Ramp, See Agent
  • Foundation: Pier & Beam
  • Outdoor Living Features: Arbor, Barbecue, Fire Pit, Shower, Wine
  • Spa Hot Tub: No

Garage/Parking

  • Parking Features: 2 Reserved, 3+ Reserved

Utilities

  • Cooling: Central Air
  • Sewer: Water District
  • Utilities: Electricity Available
  • Heating: Central Heat
  • Water Source: City, Water District

Condo/Co-op/Association

  • Gated Community: Yes
  • HOA: Yes
  • Association Fee Frequency: Monthly
  • Hoa Name: Point Venture POA
  • H O A Requirement: Mandatory
  • Managed By: Owner
  • Pets: No

Fee Information

  • Per Person: Yes

Schools

  • School District: Lago Vista ISD
  • School District: Lago Vista ISD
  • Elementary A: Lago Vista
  • Intermediary: No
  • Middle Intermediate School: Lago Vista
  • High School: Lago Vista

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Features: Corner
  • Lot Size Area: 0.413
  • Parcel Number: 01478309010000
  • M A P S C O Grid: R
  • M A P S C O Page: 488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2018
Sold by
Ables Roy A and Ables Patsy J
Bought by
Smith Doyce W and Smith Lilly Lucinda
Current Estimated Value
$243,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,150
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Mar 19, 2012
Sold by
Toner Louis C
Bought by
Ables Roy and Ables Pat

Purchase Details

Closed on
Aug 27, 2004
Sold by
Alston Esther M
Bought by
Toner Louis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Smith Doyce W -- None Available
Ables Roy -- Itc
Toner Louis C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Doyce W $108,741
Closed Smith Doyce W $102,150
Previous Owner Toner Louis C $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Rented $975 -2.5% --
04/14/2015 04/14/15 Under Contract -- -- --
04/01/2015 04/01/15 For Rent $1,000 -- --
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 $2,482 $181,922 -- --
2023 $2,098 $150,349 $0 $0
2022 $5,571 $216,705 $30,000 $186,705
2021 $4,146 $152,242 $24,000 $128,242
2020 $3,036 $112,959 $24,000 $88,959
2018 $3,051 $111,338 $24,000 $87,338
2017 $2,815 $106,133 $24,000 $82,133
2016 $2,140 $80,683 $24,000 $56,683
2015 $1,866 $98,080 $24,000 $74,080
2014 $1,866 $74,303 $24,000 $50,303
Source: Public Records

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1624865

Unlock MLS (Austin Board of REALTORS®)

APN: 150964