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$309,000

NAL Estimated Property Value

537 Demarett DR 28, Point Venture, TX, 78645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,647 Sq Ft
price_per_sqft$212.45 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Electric Range, Disposal, Microwave, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Exterior Steps
Lot Size1,799 sqft

Building Information

Year Built1972
Stories2
Roof Type105

Land Information

APN01478309280000
Lot Number173
SubdivisionPoint Venture Sec 2-B
Land UseResidential
Legal DescriptionLOT 173 *REPLAT OF LOTS 1,10,11&12 POINT VENTURE SEC 2-B
Census Tract037600
Assessed Land Value$66,590
Assessed Improvement Value$222,795
Assessment Year2025

About this property

Beautifully Updated Townhome In The Heart of Point Venture/Lago Vista*Open Floorplan Loaded w/ Windows Offering Great Views of The Huge Main Floor Entertainment Deck & Golf Course Beyond*Lovingly Maintained By Current Owner*Newer Cabinets, Wood & Tile Flooring, Granite Counters In Kitchen, Updated Bathrooms*Unique Floorplan w/ 2 BDRMS Up & 1 BDRM On Main Floor*Vaulted Ceilings in Upstairs Bedrooms*Large Indoor Utility Area*Charming Entry Patio Opens to Interior 2 Story Foyer*Large Upstairs Entertainment Deck Off Both Bedrooms Provide Nice Golf Course & Hill Country Views!! Tons of Potential For This Turn Key Unit-Weekend Getaway, Investment Townhome or Just a Great Place to Call Home*Lago Vista Schools*Come Enjoy All That Point Venture Has to Offer-Point Venture Golf Club, Point Venture Park w/ Community Pool, Fitness Center, Tennis Courts, Waterfront Park, Marina & Lake Access-All Along Beautiful Lake Travis!!

Investor Tools

Property Icon
$309,000
Estimated Property Value
$239,288Estimated Mortgage Balance
$69,712Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
$183/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,257
$289,385
2025
$66,590
$222,795
$289,385
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,257
$289,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$257,250
No
First
Jul 15, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,288
$69,712
22%
77%
$1,543/mo

City: Point Venture

537 Demarett DR 28 | Property Details | No Agent List