NOT LISTED FOR SALE

561 Demarett Dr Unit O9 Lago Vista, TX 78645

Estimated Value: $210,289

2 Beds
2 Baths
1,386 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 09, 2019

Current estimated payment $1,714/month

335 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Family Room with Fireplace
  • Lago Vista Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of August 2019

Solid town home in Point Venture whose structural support has been beefed up. The inside & outside walls are insulated & have extra plywood installed. There is a 30-amp plug at the back deck for when the previous owners had a motor home there. Tons of storage! 4 outdoor cabinets on deck below & 2 in the huge laundry room. New roof, new fireplace stack, new gutters all over. Come to PV and enjoy the amenities! Pool, live music, floating restaurant, golf course, tennis courts, gym, library, lakefront park.

Last Agent to Sell the Property

Emily Dieckmann

eXp Realty, LLC License #0651281 Listed on: 08/17/2018

eXp Realty, LLC

Last Buyer's Agent

Cary Beach

Pure Realty License #0602159

Pure Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1972

Lot Details

  • 1,742

HOA Fees

  • $156 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,386 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Golf Course Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Open Parking
  • Reserved Parking

Outdoor Features

  • Balcony
  • Deck
  • Rain Gutters

Utilities

  • Central Heating
  • Underground Utilities
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 01478309090000
  • 3% Total Tax Rate

Community Details

Overview

Recreation

  • Golf Course Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,314

Year Built

Built in 1972

Lot Details

0

HOA Fees

$156 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Unit Style: 2nd Floor Entry, Multi-Level Floor Plan
  • Access Instructions: Key In Lockbox
  • Exclusions: Homestead, Over 65
  • Guest Accommodations: No
  • Restrictions: Yes
  • Total Sq Ft: 1386
  • Steps: Exterior Steps, Interior Steps
  • Stories: 2
  • Year Built Exception: Resale
  • Restrictions Type: Deed Restrictions
  • Year Built: 1972
  • Ratio Close Price By List Price: 1.02299
  • Ratio Close Price By Original Li: 0.88659
  • Ratio Close Price By Sq Ft: 95.95
  • Ratio Current Price By Lot Size: 3243634.15
  • Ratio Current Price By Sq Ft: 95.95
  • Ratio List Price By Sq Ft: 93.80
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Disability Features: No
  • Master Description: Walk-In Closet
  • Kitchen: Corian Type Counters, Open To Family Room
  • Main Level Bedrooms: 1
  • Interior Amenities: Ceiling-Vaulted, Walk-In Closet, Window Treatments
  • Dining Description: Liv/Din Combo
  • View: Golf Course
  • Laundry Facilities: Dryer Connection - Electric, Utility/Laundry Room
  • Sprinkler System: No
  • Flooring: Carpet, Vinyl Sheet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Wood Burning
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Range-Free Standing, Refrigerator, Single Oven, Washer
  • Master Main: No
  • Num Dining: 1
  • Fireplaces: 1
  • Num Living: 1
  • Num Other Level Beds: 1
  • Num Parking Spaces: 2
  • Region: Northwest Travis Co.

Exterior Features

  • Pool on Property: No
  • Trees: Medium (20 Ft - 40 Ft), Sparse
  • Waterfront: No
  • Exterior Features: Balcony-Uncovered, Deck, Gutters Full
  • Roof: Composition Shingle
  • Construction: 3 Side Masonry
  • Horses Allowed On Property: No
  • Water Access: No
  • Water Access Description: See Agent
  • Foundation: Pier & Beam
  • Body Of Water: Lake Travis
  • Spa Hot Tub: No

Garage/Parking

  • Parking Features: 2 Reserved, Open Parking Uncovered

Utilities

  • Cooling: Central Air
  • Sewer: Mud
  • Utilities: Underground
  • Heating: Central Heat
  • Water Source: Mud

Condo/Co-op/Association

  • Gated Community: No
  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 156
  • Community Web Site: www.pointventure.com
  • Hoa Name: Point Venture POA
  • 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: In Golf Course Community
  • Lot Size Area: 0.041
  • Parcel Number: 01478309090000
  • M A P S C O Grid: R
  • M A P S C O Page: 488

Tax Info

  • Actual Tax: 827.00
  • Tax Lot: 161
  • Tax Rate: 2.74059000000000
  • Tax Amount: 2676.00
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Aug 9, 2019
Sold by
Banbury Maurice E
Bought by
Walker James R
Seller's Agent
Emily Dieckmann
eXp Realty, LLC
Buyer's Agent
Cary Beach
Pure Realty
List Price
$147,000
Current Estimated Value
$210,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$128,999
Outstanding Balance
$113,049
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$97,240
Source: Public Records

Range of Values:

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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
Walker James R -- Texas National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker James R $128,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold -- -- --
07/18/2019 07/18/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $130,000 -10.3% $94 / Sq Ft
05/29/2019 05/29/19 Price Changed $145,000 -1.4% $105 / Sq Ft
05/16/2019 05/16/19 For Sale $147,000 0.0% $106 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $147,000 0.0% $106 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/03/2019 03/03/19 Price Changed $147,000 -1.9% $106 / Sq Ft
11/19/2018 11/19/18 Price Changed $149,900 -0.1% $108 / Sq Ft
08/17/2018 08/17/18 For Sale $150,000 -- $108 / 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 $5,314 $214,939 $66,590 $148,349
2023 $5,513 $232,919 $30,000 $202,919
2022 $5,202 $202,342 $30,000 $172,342
2021 $3,877 $142,378 $24,000 $118,378
2020 $2,668 $99,272 $24,000 $75,272
2018 $2,676 $97,626 $24,000 $87,338
2017 $2,354 $88,751 $24,000 $82,133
2016 $2,140 $80,683 $24,000 $56,683
2015 $452 $81,733 $24,000 $74,080
2014 $452 $74,303 $24,000 $50,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2777698

Unlock MLS (Austin Board of REALTORS®)

APN: 150972