tomo logo

$2,800,000

Beds
4
Baths
3.5
sq ft
4,419

516 Deckhouse Dr, Lago Vista, TX 78645

516 Deckhouse Dr

Point Venture, TX 78645

  • 60 days on market
STR'S ALLOWED - Luxury Lakeside Home Experience the ultimate retreat in Point Venture! This stunning lakeside home offers breathtaking panoramic lake views and world-class amenities, including one of Texas' top nine-hole golf courses. This expansive 4,400 sq. ft. home sits on a sprawling 1.7-acre lakefront lot. The gourmet kitchen is a chef’s dream, boasting a new GE Cafe Stove, fridge, and dishwasher, custom wood cabinets, and a walk-in pantry/laundry room, all with a view of the lake. The open living area, highlighted by a beautiful fireplace and a wall of glass doors/windows, brings the dramatic lake scenery indoors. The luxurious primary suite offers a walk-in closet, built-in wood cabinets, and a spa-like ensuite with a soaking tub, huge walk-in shower, and double vanities. Step out onto the 930 sq. ft. second-floor balcony with an outdoor fireplace for a perfect evening under the stars. Each secondary bedroom has its own covered patio with lake views, and the fourth bedroom is equipped with 2 sets of built-in twin bunk beds and an ensuite bathroom. Outdoor living is unparalleled with a 240 sq. ft. covered patio, heated pool, hot tub, built-in propane grill, and fire pit, all surrounded by majestic Live Oak trees. Additional features include a 2.5-car garage, surround sound, commercial-grade fiber internet, WIFI thermostats, three HVAC systems, two 240-A tankless water heaters, a metal roof, and stucco exterior. Located just an hour from downtown Austin, this home offers convenient access to the city’s vibrant culture. The HOA provides exclusive access to a 60-acre waterfront park with a boat ramp, disc golf, playground, golf course, sports bar, swimming pool, tennis and pickleball courts, marina, and a live music lakefront bar/restaurant. The property also presents an excellent investment opportunity as a short-term rental, with a $230k income in 2021. Updated in 2022 with a $200K remodel, this home is ready for you to enjoy!

Details

Property type

Single Family Residence

Est. home value

$2,454,345

Lot size

1.726 acres

Price per sq ft

$634

Year built

2003

Annual property taxes

$50,599

Monthly HOA fee

$130

Price History

09/06/2024
Austin

Austin #6669388

Listed
$2,800,000

Schools & Community

Elementary school: 

Lago Vista

Middle school: 

Lago Vista

High school: 

Lago Vista

Community features: 

Clubhouse, Fitness Center, Golf, Lake, Park, Playground, Pool, Tennis Court(s)

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

$902,694
Asking price
$2,800,000
Closing costs (~8% of asking)
-$224,000
Est. remaining loan balance
-$1,673,306
Cash to seller
$902,694

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

September 2022

Original loan amount

$1,725,000

Est. remaining balance

$1,673,306

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Wayne A Trivett

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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Status: Active

Tomo last checked: 11/05/2024 at 6:30 AM

Listing updated: 10/13/2024 at 11:41 AM

Listed by: Mindy Kratsas, Real Phone #: (512) 960-3253

MLS: Austin #6669388

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