$159,900
SOLD AUG 2, 2019
Last list price

551 Demarett Dr Unit 4 Lago Vista, TX 78645

4 Beds
3 Baths
1,809 Sq Ft
$165/mo HOA Fee

Recently Sold

$88 Per Sq Ft

2 Days on Market

Highlights

  • On Golf Course
  • Lake View
  • Vaulted Ceiling
  • Lago Vista Elementary School Rated A-
  • Deck
  • Porch

About This Home

As of August 2019

One of the best priced townhomes in Point Venture! Backs up to the golf course and there is a lakeview from the top floor deck! All 3 levels have patio or decks and full baths. Hardiboard on all 4 sides. Recent carpet and paint. Great for 2nd home or vacation rental too! Amenities include private waterfront park with boat launch, pool, clubhouse, and exercise facility. Public golf course too. Great Lake Travis community Lago Vista schools!

Last Agent to Sell the Property

Mary Williams

Compass RE Texas, LLC License #0312734 Listed on: 07/11/2019

Compass RE Texas, LLC

Last Buyer's Agent

Judy Schoening

Coldwell Banker Realty License #0362385

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,619

Year Built

  • Built in 1974

Lot Details

  • On Golf Course

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Reserved Parking

Property Views

  • Lake
  • Golf Course
  • Hills

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,809 Sq Ft Home
  • Vaulted Ceiling

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating
  • Underground Utilities
  • Sewer in Street
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 01478309040000
  • 3% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance

Recreation

  • Golf Course Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,619

Year Built

Built in 1974

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Unit Style: Entry Steps
  • Access Instructions: Key In Lockbox
  • Guest Accommodations: No
  • Restrictions: Yes
  • Total Sq Ft: 1809
  • Steps: Back Steps, Interior Steps
  • Stories: 3
  • Year Built Exception: Resale
  • Restrictions Type: City Restrictions, Deed Restrictions
  • Year Built: 1974
  • Ratio Close Price By List Price: 1.03189
  • Ratio Close Price By Original Li: 1.03189
  • Ratio Close Price By Sq Ft: 91.21
  • Ratio Current Price By Lot Size: 4024390.24
  • Ratio Current Price By Sq Ft: 91.21
  • Ratio List Price By Sq Ft: 88.39
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Disability Features: No
  • Master Description: Full Bath, Walk-In Closet
  • Kitchen: Natural Stone Counters, Open To Family Room
  • Main Level Bedrooms: 1
  • Interior Amenities: Ceiling-Vaulted
  • Dining Description: Kit/Din Combo
  • View: Golf Course, Hill Country, Lake/River
  • Laundry Facilities: Dryer Connection - Electric, Utility Room, Washer Connections
  • Sprinkler System: No
  • Flooring: Carpet, Tile - Hard
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Kitchen Appliances: Cook Top Electric, Dishwasher, Dryer, Microwave Oven, Refrigerator, Washer
  • Master Main: No
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 3
  • Num Parking Spaces: 2
  • Region: Northwest Travis Co.

Exterior Features

  • Fence: Non-Privacy, Partial
  • Pool on Property: No
  • Waterfront: No
  • Exterior Features: Deck, Porch-Open
  • Roof: Composition Shingle
  • Construction: Hardiplank Type
  • Horses Allowed On Property: No
  • Water Access: Yes
  • Water Access Description: See Agent
  • Foundation: Pier & Beam
  • Spa Hot Tub: No

Garage/Parking

  • Parking Features: 2 Reserved

Utilities

  • Cooling: Central Air, Window Unit
  • Sewer: City At Street
  • Utilities: Internet-Cable, Underground
  • Heating: Central Heat
  • Water Source: City, Water District

Condo/Co-op/Association

  • Gated Community: No
  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance, See Agent
  • Association Fee Frequency: Monthly
  • Association Fee: 165
  • Hoa Name: Point Venture
  • H O A Requirement: Mandatory
  • HOA Transfer Fee: 150

Schools

  • School District: Lago Vista ISD
  • School District: Lago Vista ISD
  • Elementary A: Lago Vista
  • Intermediary: Yes
  • Middle Intermediate School: Lago Vista
  • High School: Lago Vista

Lot Info

  • Lot Features: Backs To Golf Course, In Golf Course Community
  • Lot Size Area: 0.041
  • Parcel Number: 01478309040000
  • M A P S C O Grid: R
  • M A P S C O Page: 488

Tax Info

  • Actual Tax: 3630.00
  • Tax Filled Sqft Total: 1809
  • Tax Lot: 166
  • Tax Rate: 2.72832000000000
  • Tax Amount: 3674.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 1, 2019
Sold by
Foreman Robert J and Foreman Linda L
Bought by
Williams Shonpierre D
Seller's Agent
Mary Williams
Compass RE Texas, LLC
Buyer's Agent
Judy Schoening
Coldwell Banker Realty
List Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Original Mortgage
$132,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2008
Sold by
Shields David R and Shields Patricia D
Bought by
Foreman Robert J and Foreman Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 1996
Sold by
Watson John E
Bought by
Shields David R and Shields Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
7.57%
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 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

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®)

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 $7,619 $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

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5725290

Unlock MLS (Austin Board of REALTORS®)

APN: 150967