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This property has sold on April 17, 2026. Looking for something similar? Contact us or browse available homes.

505 Demarett Dr Unit #12, photo 1, Point Venture, Point Venture, TX
Sold

Per MLS rules, only the primary photo is shown for non-Keenan closed listings.

Off Marketas of Apr 24, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$119,900

last listed

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

Point Venture•MLS# 4738867
2beds
2bath
1,398sqft
Built1972

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

2 bed, 2 bath, 1,398 sqft on 0.04 acres in Point Venture. Point Venture, TX 78645. Last listed at $119,900, sold April 17, 2026. Lago Vista ISD.

About This Home

Outstanding Value. Priced $100000 below Tax Accessed Value. Provides access to Lake Travis, boat ramps, 50 acre Home Owners Park. tennis, basketball and more. Soaring ceiling in living area and a floating fireplace. Kitchen is open to living room. One bedroom and full bath on the main level and another bedroom and bath on the second floor. Oversized utility room offers great storage. No existing survey. No Seller's Disclosure

Property Type
Residential
Year Built
1972
Lot Size
0.04 acres
Price / Sq Ft
$86
HOA
$234/mo

Listing information last updated March 9, 2026.

Listed by Berkshire Hathaway TX Realty

MLS# 4738867 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Breakfast Bar
Ceiling Fan(s)
Beamed Ceilings
Ceiling-High
Granite Counters
Interior Steps

Facts & Features

Interior

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Ceiling-High
  • Granite Counters
  • Interior Steps
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Disposal
  • Microwave
  • Free-Standing Electric Range

Flooring

  • Laminate
  • Tile
Heating
Central,Electric
Cooling
Central Air,Electric
Fireplaces
1
Exterior & Lot

Features

  • Balcony
  • Exterior Steps

Construction

  • Frame

Lot Features

  • Level
  • Open Lot
  • Many Trees
  • Trees-Small (Under 20 Ft)

Foundation

  • Pillar
  • Post
  • Pier

Patio / Porch

  • Covered
  • Deck
  • Front Porch
  • Rear Porch
Roof
Composition
Lot Size
0.04 Acres

Parking

  • Outside
  • Parking Lot
Financial
HOA Fee
$234 / mo
Original List Price
$144,900
Price per Sq Ft
$86
Utilities
  • Electricity Available
Water Source
MUD
Sewer
Private Sewer

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Price & Listing History

Pending with current price, original ask, and market time.

View Timeline
Current list
$119,900
Original list
$144,900
Price movement
$25K reduction
Listed / DOM
Jan 27, 2026

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$247,789
Assessment Year
2025
Year Built
1972
Parcel ID
000000150975
YearTaxesTotal AssessmentLandAdditions
2025
—$247,789$66,590$181,199
Map showing 505 Demarett Dr Unit #12
505 Demarett Dr Unit #12
Directions

Zoned Schools

Lago Vista ISD →

1 High School

Lago Vista

High SchoolGrades 9-12Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$664

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($24K)

Adjustable assumption - not a lending recommendation.

$119,900

Loan: $96K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Point Venture pricing, timing, and property scale. No automated valuation claim.

List price

$119,900

Price per sqft

$86/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

Not available

Original to current

$25K reduction

$144.9K original

Active inventory context

Ask for current inventory

Source: Public records and Keenan Group review as of Apr 24, 2026.

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Verified property facts

Frequently Asked Questions

What school district is 505 Demarett Dr Unit #12 in?

505 Demarett Dr Unit #12 is zoned for Lago Vista ISD with assigned schools: Lago Vista (elementary), Lago Vista (middle), Lago Vista (high). School assignments should be verified directly with the district.

What are the property details for 505 Demarett Dr Unit #12?

505 Demarett Dr Unit #12 is a Residential built in 1972 featuring 2 bedrooms, 2 full bathrooms, 1,398 square feet, 0.04-acre lot.

When was 505 Demarett Dr Unit #12 built?

505 Demarett Dr Unit #12 was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.

What is the community structure at 505 Demarett Dr Unit #12?

The MLS listing reports HOA or association dues of $234 monthly for 505 Demarett Dr Unit #12. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Point Venture

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Last updated: 4/24/2026, 8:07:05 AM

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