NOT LISTED FOR SALE

549 Demarett Dr Unit 3 Lago Vista, TX 78645

Estimated Value: $265,151 - $291,000

2 Beds
2 Baths
1,741 Sq Ft
$185/mo HOA Fee

Last Sold November 13, 2020

Current estimated payment $2,381/month

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • High Ceiling
  • Lago Vista Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of November 2020

Open decks with a view to the Hill Country and the Golf Course, Open floorplan with vaulted ceilings, spacious upper and lower decks. Amenities incl Golf course, Prop owners Lake front park, boat ramp, playscape, frisbee golf, volleyball and basketball area, workout center, community pool, tennis courts, floating restaurant, marina, sports bar. Green fees included in POA dues!! It is Excellent full time home, Great family vacation home, Good investment Opportunity. Recent updates include interior paint!!

Last Agent to Sell the Property

April Gallegos

Magnolia Realty License #0656083 Listed on: 10/12/2020

Last Buyer's Agent

Dyron Taylor

Keller Williams Realty License #0606268

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1974

Lot Details

  • East Facing Home

HOA Fees

  • $185 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

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • Open Parking
  • Outside Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 167
  • Assessor Parcel Number 01478309030000
  • 3% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, parking
  • Pvpoa And Pvtha Association
  • Point Venture Sec 02 B Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Common Area
  • Restaurant
  • Clubhouse
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,801

Year Built

Built in 1974

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 2nd Floor Entry
  • Restrictions: Covenant, Deed Restrictions
  • Year Built: 1974
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: Heading west on FM 1431, turn left onto Lohmans Ford Rd, turn slight right onto Venture Blvd, turn right onto Demarett Dr.
  • Disclosures: Seller Disclosure, Water District
  • Estimated Taxes: 3801.00
  • 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: Yes
  • Intermediary: Yes
  • Levels: Three Or More
  • Living Area: 1741.00
  • Other Contingency Types: Inspection
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceiling-High, Electric Dryer Hookup, Interior Steps, Pantry, Walk-In Closet(s), Washer Hookup
  • Laundry Location: Laundry Room
  • View: None
  • Flooring: Carpet, Vinyl
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Water Heater-Electric
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Window Features: None

Beds/Baths

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

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

Association/Amenities

  • Association Name: PVPOA and PVTHA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, Cluster Mailbox, Common Grounds, Fitness Center, Golf Course, Park, Pool, Restaurant, 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: 01478309030000
  • 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: 167
  • Tax Rate: 2.68776000000000
  • Tax Year: 2020
  • Tax Annual Amount: 3801.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Lasa Javier Jorge and Lasa Riolama
Bought by
Casa Lago 549 Llc
Current Estimated Value
$286,417

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 13, 2020
Sold by
Claybrook John
Bought by
Lasa Javier Jorge and Lorenzo Lasa Riolama
Seller's Agent
April Gallegos
Magnolia Realty
Buyer's Agent
Dyron Taylor
Keller Williams Realty
List Price
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$157,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jul 5, 2016
Sold by
Breslow James and Breslow Marji
Bought by
Claybrook John
Seller's Agent
Derek & Chelsea Kotrla
makeATXhome
Buyer's Agent
Patrick Hatton
eXp Realty, LLC
List Price
$154,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$152,192
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2003
Sold by
Sauser Greg R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 26, 1999
Sold by
Mcgowan Lynda
Bought by
Saucer Greg R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,640
Interest Rate
10.75%
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
Casa Lago 549 Llc -- None Listed On Document
Lasa Javier Jorge -- Chicago Title
Claybrook John -- None Available
Federal Home Loan Mortgage Corporation $78,318 --
Saucer Greg R -- Texas American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lasa Javier Jorge $157,600
Previous Owner Claybrook John $152,580
Previous Owner Claybrook John $152,192
Previous Owner Sauser Greg R $72,000
Previous Owner Saucer Greg R $56,640
Closed Saucer Greg R $10,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold -- -- --
10/23/2020 10/23/20 Off Market -- -- --
10/15/2020 10/15/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $197,000 +27.1% $113 / Sq Ft
07/06/2016 07/06/16 Sold -- -- --
05/05/2016 05/05/16 Pending -- -- --
04/25/2016 04/25/16 Price Changed $155,000 +0.1% $89 / Sq Ft
03/11/2016 03/11/16 For Sale $154,900 0.0% $89 / Sq Ft
08/12/2014 08/12/14 Rented $1,000 0.0% --
08/12/2014 08/12/14 Under Contract -- -- --
06/22/2014 06/22/14 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
2023 $7,371 $311,452 $30,000 $281,452
2022 $7,356 $286,118 $30,000 $256,118
2021 $5,445 $199,940 $24,000 $175,940
2020 $3,801 $141,436 $24,000 $117,436
2018 $3,828 $139,692 $24,000 $115,692
2017 $3,523 $132,796 $24,000 $108,796
2016 $2,486 $93,722 $24,000 $69,722
2015 $2,151 $102,928 $24,000 $78,928
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: 6323300

Unlock MLS (Austin Board of REALTORS®)

APN: 150966