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$244,000

NAL Estimated Property Value

510 Demarett DR 6, Point Venture, TX, 78645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,626 Sq Ft
price_per_sqft$153.75 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Range
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,799 sqft

Building Information

Year Built1972
Stories2
Roof Type105

Land Information

APN01478308060000
Lot Number156
SubdivisionPoint Venture Sec 2-B
Land UseResidential
Legal DescriptionLOT 156 *REPLAT OF LOTS 1,10,11&12 POINT VENTURE SEC 2-B
Census Tract037600
Assessed Land Value$66,590
Assessed Improvement Value$170,293
Assessment Year2025

About this property

This exquisite townhouse boasts three bedrooms and two bathrooms in the charming village of Point Venture—an opportunity you won't want to miss. Step into the welcoming ambiance of the ground floor featuring a full bedroom and bathroom, complemented by an airy open floor plan perfect for hosting guests. Outside, revel in the expansive outdoor living space and stunning deck offering picturesque views of the fourth hole of the Point Venture golf course. Upstairs, discover two additional bedrooms and another full bathroom, each offering sweeping vistas of both the lake and the golf course. Point Venture itself offers an array of amenities, including a sprawling lakefront park with sandy beaches, a frisbee golf course, and tennis courts. Residents also enjoy access to a pool, Pickleball courts, a marina with a floating restaurant, and more—all included with the HOA. Experience the essence of vacation living year-round in this captivating community.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$216,932Estimated Mortgage Balance
$27,068Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,567
$236,883
2025
$66,590
$170,293
$236,883
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,567
$236,883

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Fha
$216,015
Yes
First
Jun 4, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,932
$27,068
11%
89%
$1,348/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.

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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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510 Demarett DR 6 | Property Details | No Agent List