$630,000

551 Demarett Dr Unit 4 Lago Vista, TX 78645

Estimated payment $4,210/month

5 Beds
4 Baths
2,064 Sq Ft
$305 Price per Sq Ft

Highlights

  • Airport or Runway
  • On Golf Course
  • Second Kitchen
  • Lago Vista Elementary School Rated A-
  • Fitness Center
  • River View

About This Home

Luxury Golf Course Townhome - Fully Furnished & Turnkey!This beautiful, fully renovated and upgraded five-bedroom, four-bath townhome blends modern elegance with resort-style living. Set along a scenic fairway, it offers breathtaking Hill Country and lake views—combining peaceful surroundings with a vibrant, amenity-rich community.Inside, an open-concept layout is bathed in natural light. The gourmet kitchen features custom cabinetry, live-edge walnut countertops, and Bosch dishwashers on the main and lower levels, complimented by stainless steel finishes. The living area, complete with an Italian leather sofa, flows seamlessly into the kitchen and one of several outdoor dining areas. Luxury plank flooring runs throughout, adding durability and upscale appeal. Bathrooms evoke a spa-like retreat with floor-to-ceiling tile, soaking tubs, wet rooms, and vessel sinks.The primary suite is a serene, light-filled sanctuary. Each bedroom includes smart technology and mounted large-screen TVs. A private lower-level suite—with its own full kitchen, full bath, and separate entrance—offers a flexible layout ideal for guests, extended family, or a home office.Technology is seamlessly integrated with CAT6 wiring, Ecobee thermostats, smart TVs, fiber-ready cabling, and a 200-amp electrical panel. Energy-efficient features include Andersen Energy Star windows and doors, R7 closed-cell insulation, and a Goodman heat pump system—reducing energy costs year-round.With over $200,000 in premium upgrades, this home exemplifies quality and value. Expansive outdoor living areas span 856 sq ft across two rear decks, providing versatile spaces with scenic views. An 85 sq ft front landing adds even more outdoor charm.Located just a short walk or drive from a popular clubhouse, golf course, dining, and shopping, this fully furnished home blends luxury, technology, and versatility—perfect as a primary residence, vacation retreat, or live/work space in a stunning lakeside setting.

Last Listed By

Monica Dudeck

Coldwell Banker Realty Brokerage Phone: (512) 930-2000 License #0778263 Listed on: 05/30/2025

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,523

Year Built

  • Built in 1974

Lot Details

  • 1,786 Sq Ft Lot
  • On Golf Course
  • East Facing Home
  • Partially Fenced Property

HOA Fees

  • $239 Monthly HOA Fees

Property Views

  • River
  • Lake
  • Golf Course
  • Hills

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,064 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Drapes & Rods

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck
  • 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
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 01478309040000

Community Details

Overview

  • Association fees include common area maintenance
  • Point Venture Association
  • Point Venture Sec 02 B Subdivision
  • Community Lake

Amenities

  • Airport or Runway
  • Clubhouse
  • Community Mailbox

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,523

Year Built

Built in 1974

Lot Details

0

HOA Fees

$239 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1974
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: Turn South on Lohman Ford from 1431. In approx 7 miles, turn RIGHT into Point Venture. At stop sign go STRAIGHT. Take the 2nd LEFT onto Nicklaus Dr. Take the 1st RIGHT onto Demarett Dr.
  • Disclosures: None
  • Fencing: Fenced, Partial
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Three Or More
  • Living Area: 2064
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 930-2000
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 3674.00
  • FEMA Flood Plain: No
  • Restrictions: Covenant,Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: Entry Steps
  • Special Features: None

Interior Features

  • Interior Amenities: Vaulted Ceiling(s), Interior Steps
  • View: Golf Course, Hill Country, Lake, River
  • Flooring: Tile, Vinyl
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Spa Features: None
  • Window Features: Drapes, ENERGY STAR Qualified Windows
  • Laundry Location: Laundry Room
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Num Guest Beds: 1

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 5

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet, Underground Utilities
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 238.5
  • Community Web Site: https://vopv.org/ https://www.pointventuregolf.com/

Association/Amenities

  • Association Name: Point Venture
  • Association: Yes
  • Community Features: Clubhouse, Cluster Mailbox, Fitness Center, General Aircraft Airport, Golf, High Speed Internet, Lake, Park, Pool

Schools

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

Lot Info

  • Lot Features: Backs To Golf Course, Near Golf Course
  • Parcel Number: 01478309040000
  • Lot Size Acres: 0.041
  • Lot Size Sq Ft: 1785.96
  • Subdivision Name: Point Venture Sec 02-B
  • Special Assessment: No

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7522.54
  • Tax Map Number: 166
  • Tax Filled Sqft Total: 1809
  • Tax Rate: 2.72832000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,619 $321,914 $30,000 $291,914
2022 $6,690 $260,216 $30,000 $230,216
2021 $4,960 $182,151 $24,000 $158,151
2020 $3,620 $134,678 $24,000 $110,678
2018 $3,647 $133,058 $24,000 $109,058
2017 $3,357 $126,558 $24,000 $102,558
2016 $2,514 $94,780 $24,000 $70,780
2015 $2,178 $116,503 $24,000 $92,503
2014 $2,178 $86,730 $24,000 $62,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $630,000 +294.0% $305 / Sq Ft
08/02/2019 08/02/19 Sold -- -- --
07/13/2019 07/13/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $159,900 -- $88 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Independence Title Co
Vendors Lien -- Alamo Title Company
Warranty Deed -- Gracy Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Closed $132,000 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $60,400 Purchase Money Mortgage
Source: Public Records

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