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$296,586

539 Demarett DR 29, Lago Vista, TX, 78645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,626 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$134.07 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Exhaust Fan, Oven, Electric Water Heater
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size1,799 sqft

Building Information

Year Built1972
Stories2
Roof Type105

Land Information

APN01478309290000
Lot Number172
SubdivisionPoint Venture Sec 2-B
Land UseResidential
Legal DescriptionLOT 172 REPLAT OF LOTS 1,10,11&12 POINT VENTURE SEC 2-B
Census Tract037600
Assessed Land Value$66,590
Assessed Improvement Value$229,996
Assessment Year2025

About this property

Remodeled resort-style 3 bedrooms, 2 baths home. Features new flooring, walls of windows in living area, fresh paint, new windows & sliders. Metal fireplace provides a great focal point. Updated kitchen & breakfast area with plenty of storage. additional 195 sqft finished out sunroom can be converted into additional living area. Owner's room w/vaulted ceiling, fireplace, large closet, & access to balcony overlooking the 3rd hole of the golf course. Hill country & golf course view from the upstairs balcony Sprinkler Sys:Yes

Investor Tools

Property Icon
$296,586
Estimated Property Value
$0Estimated Mortgage Balance
$122,938Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,780 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,098
$296,586
2025
$66,590
$229,996
$296,586
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,098
$296,586

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$193,500
No
First
Jan 14, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,648
$122,938
41%
59%
$1,161/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: Lago Vista

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539 Demarett DR 29 | Property Details | No Agent List