NOT LISTED FOR SALE

559 Demarett Dr Unit 8 Lago Vista, TX 78645

Estimated Value: $277,181

3 Beds
3 Baths
1,809 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 26, 2014

Current estimated payment $2,238/month

161 Days on Market

Highlights

  • Golf Course Community
  • Lake View
  • Vaulted Ceiling
  • Lago Vista Elementary School Rated A-
  • Living Room with Fireplace
  • Walk-In Closet

About This Home

As of November 2014

Best buy in Point Venture, lake living for under $100,000. This open and airy 3 bedroom, 3 full bath townhome features high ceilings, unique fireplace, 3 walk-in closets, with Lake Travis and golf course views. Other amenities include , fifty acre waterfront park, boat ramps, pavilion, picnic areas, marina, floating restaurant, and recreational complex. Great investment property or terrific weekend getaway.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1972

Lot Details

  • 1,742

HOA Fees

  • $154 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
  • Living Room with Fireplace
  • Laundry in Utility Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Utilities

  • Central Heating
  • Underground Utilities
  • Electricity To Lot Line
  • Sewer in Street
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 01478309080000
  • 3% Total Tax Rate

Community Details

Overview

Recreation

  • Golf Course Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,022

Year Built

Built in 1972

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Unit Style: 2nd Floor Entry, Entry Steps
  • Access Instructions: Key In Lockbox
  • Exclusions: Homestead, Over 65
  • Guest Accommodations: No
  • Restrictions: Yes
  • Total Sq Ft: 1809
  • Steps: Exterior Steps, Interior Steps
  • Stories: 3
  • Year Built Exception: Resale
  • Restrictions Type: Deed Restrictions
  • Year Built: 1972
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.01159
  • Ratio Close Price By Sq Ft: 53.07
  • Ratio Current Price By Lot Size: 2341463.41
  • Ratio Current Price By Sq Ft: 53.07
  • Ratio List Price By Sq Ft: 53.07
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Disability Features: No
  • Faces: East
  • Master Description: Full Bath, Walk-In Closet
  • Kitchen: Breakfast Bar, Open To Family Room
  • Main Level Bedrooms: 1
  • Interior Amenities: Ceiling-High, Ceiling-Vaulted, Walk-In Closet
  • Laundry Location: Utility/Laundry Room
  • Dining Description: Liv/Din Combo
  • View: Golf Course, Hill Country, Lake/River
  • Laundry Facilities: Dryer Connection - Electric, Washer Connections, Utility/Laundry Room
  • Sprinkler System: No
  • Flooring: Carpet, Tile - Hard, Tile - Vinyl
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Kitchen Appliances: Disposal, Dishwasher, Water Heater Electric, Microwave Oven, Exhaust Fan Recirculating, Range-Free Standing, Self Cleaning Oven
  • Master Main: Yes
  • Num Dining: 1
  • Fireplaces: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Num Parking Spaces: 2
  • Region: Northwest Travis Co.
  • Refrigerator: No

Exterior Features

  • Fence: Wood
  • Pool on Property: No
  • Trees: Large (Over 40 Ft)
  • Waterfront: No
  • Exterior Features: See Agent
  • Roof: Composition Shingle
  • Construction: Frame
  • Water Access: Yes
  • Water Access Description: Public Ramp
  • Foundation: Pier & Beam

Garage/Parking

  • Parking Features: 2 Reserved

Utilities

  • Cooling: Central Air, Wall Unit
  • Sewer: City At Street
  • Utilities: Electricity On Property, Phone On Property, Underground
  • Heating: Central Heat, Electric
  • Water Source: Water District

Condo/Co-op/Association

  • Gated Community: Yes
  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 154
  • Community Web Site: pointventure.com
  • Hoa Name: PVPOA & PVTHPOA
  • H O A Requirement: Mandatory

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

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Features: In Golf Course Community, Level
  • Lot Size Area: 0.041
  • Parcel Number: 01478309080000
  • M A P S C O Grid: R
  • M A P S C O Page: 488

Tax Info

  • Actual Tax: 1099.00
  • Tax Filled Sqft Total: 1809
  • Tax Rate: 2.54770000000000
  • Tax Amount: 2194.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Tani Investments Llc
Bought by
Laqi Llc
Current Estimated Value
$277,181

Purchase Details

Closed on
Nov 7, 2023
Sold by
Zavala Angela
Bought by
Tani Investments Llc and Owens

Purchase Details

Listed on
Mar 26, 2014
Closed on
Nov 26, 2014
Sold by
Wash John N and West Jerry Jean
Bought by
Owens Douglas T and Owens Susan
List Price
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$71,887
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Wash John N and Aultman Melissa
Bought by
Wash John N and West Jerry Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,525
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2006
Sold by
Shaw Ken and Shaw Christine
Bought by
Wash John N and Aultman Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,920
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 26, 2000
Sold by
Hanson Carole S and Hanson Carole F
Bought by
Shaw Kenneth C and Shaw Christine Winburn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 1995
Sold by
Waterman Garnett R
Bought by
Hanson Carole S

Purchase Details

Closed on
Aug 16, 1995
Sold by
Fisher Paul E and Fisher Ann L
Bought by
Waterman Garnett R
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
Laqi Llc -- None Listed On Document
Tani Investments Llc $71,887 None Listed On Document
Owens Douglas T -- Itc
Wash John N -- None Available
Wash John N -- Commonwealth Land Title
Shaw Kenneth C -- --
Hanson Carole S -- --
Hanson Carole F -- --
Waterman Garnett R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owens Douglas T $71,887
Previous Owner Wash John N $77,525
Previous Owner Wash John N $75,920
Previous Owner Shaw Kenneth C $60,953
Previous Owner Shaw Kenneth C $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold -- -- --
09/03/2014 09/03/14 Pending -- -- --
07/22/2014 07/22/14 Price Changed $96,000 -2.0% $53 / Sq Ft
07/16/2014 07/16/14 For Sale $98,000 0.0% $54 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
04/17/2014 04/17/14 Price Changed $98,000 +3.3% $54 / Sq Ft
03/26/2014 03/26/14 For Sale $94,900 -- $52 / 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
2025 $7,022 $280,503 $66,590 $213,913
2023 $7,022 $179,257 $0 $0
2022 $4,189 $162,961 $0 $0
2021 $4,034 $148,146 $24,000 $158,151
2020 $3,620 $134,678 $24,000 $110,678
2018 $3,143 $114,684 $24,000 $109,058
2017 $2,766 $104,258 $24,000 $102,558
2016 $2,514 $94,780 $24,000 $70,780
2015 $1,114 $116,503 $24,000 $92,503
2014 $1,114 $86,730 $24,000 $62,730
Source: Public Records

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1507599

Unlock MLS (Austin Board of REALTORS®)

APN: 150971