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$247,789

NAL Estimated Property Value

505 Demarett Dr # 12, Point Venture, TX, 78645

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,398 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$128.04 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Free-Standing Range, Refrigerator
FlooringBamboo, Tile

Exterior

Private PoolPrivate Pool
Lot Size1,799 sqft

Building Information

Year Built1972
Stories2
Roof Type105

Land Information

APN01478309120000
Lot Number189
SubdivisionPoint Venture Sec 2-B
Land UseResidential
Legal DescriptionLOT 189 *REPLAT OF LOTS 1,10,11&12 POINT VENTURE SEC 2-B
Census Tract037600
Assessed Land Value$66,590
Assessed Improvement Value$181,199
Assessment Year2025

About this property

Beautiful townhouse located in the resort village of Point Venture on beautiful Lake Travis. This unit has been remodeled please see attachment for list of all the upgrades. Amenities in this village include lake access, jr olympic sized swimming pool, floating restaurant, live music, tennis courts, playground, gym & more! Country and the Golf Course, Great opportunity to enjoy Lake Travis.Great for full-time living, vacation home or rental and short term rental.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$247,789
Estimated Property Value
$0Estimated Mortgage Balance
$45,794Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,487 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
$156/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,170
$247,789
2025
$66,590
$181,199
$247,789
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,170
$247,789

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,789
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Point Venture

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505 Demarett Dr # 12 | Property Details | No Agent List