tomo logo

$249,000

Beds
2
Baths
2.0
sq ft
1,398

505 Demarett Dr Unit 12, Lago Vista, TX 78645

505 Demarett Dr Unit 12

Point Venture, TX 78645

  • 20 days on market
Fabulous Vacation Rental/Short Term Rental opportunity in the quaint lakeside community of Point Venture! Point Venture residents enjoy access to 5-star amenities including Point Venture golf club with pro shop, 50-acre waterfront park with lake access, Capt Pete's Floating Restaurant, playground, fitness center, clubhouse, disc golf, boat ramps, basketball and tennis courts. This charming 2 bedroom/2 bath townhome features sky high vaulted ceilings, floor to ceiling windows, a wood burning fireplace, fresh interior paint including kitchen & bathroom cabinets, new luxury vinyl tile (January 2023), granite counters and multiple decks to unwind. Private primary suite with its own balcony with views of Lake Travis, provides the perfect spot to kick back and relax. Ideal retreat for year round living or vacation hopping. Don't miss this unique opportunity to make this your very own private paradise!

Details

Property type

Townhouse

Est. home value

$283,371

Lot size

1,799.03 sq ft

Price per sq ft

$179

Year built

1972

Annual property taxes

$6,967

Monthly HOA fee

$215

Price History

10/16/2024
Austin

Austin #8454212

Listed
$249,000

Schools & Community

Elementary school: 

Lago Vista

Middle school: 

Lago Vista

High school: 

Lago Vista

Community features: 

Fitness Center, Golf, Lake, Park, Playground, Restaurant

High school district: 

Lago Vista ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$17,490
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$211,590
Cash to seller
$17,490

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

November 2022

Original loan amount

$216,000

Est. remaining balance

$211,590

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Carly Doyle

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Price drop
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|
3 ba
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Townhouse

559 Demarett Dr, Lago Vista, TX 78645

Status: Active

Tomo last checked: 11/05/2024 at 8:30 AM

Listing updated: 10/17/2024 at 4:05 AM

Listed by: Ashley Darnell, Kuper Sotheby's Int'l Realty Phone #: (512) 831-6577

MLS: Austin #8454212

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