505 Demarett Dr, Unit 12

1,398 Sq. Ft.
$100 / Sq. Ft.
1,398
Sq. Ft.
$100
per Sq. Ft.

Description

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 DisclosureOutstanding 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
  1. Listed by Dan O'Connell • TREC #0344131 • Brokerage DRE #523750 • Berkshire Hathaway TX Realty
    P: (512)-407-2449 C: (512)-217-2359 danoconnell@juno.com

Property Details for 505 Demarett Drive, Unit 12

Subdivision Name
Point Venture Sec 02-B
Waterfront
No
Waterfront Description
None
Water Access Description
Municipal Utility District
View
Golf Course, Hills, Lake
View YN
Yes
Parcel Number
01478309120000
Tax Lot
189
LISTING UPDATED: 02/03/2026 01:45 PM

Property Details for 505 Demarett Drive, Unit 12

StatusActive
MLS #4738867
Days on Market30
Taxes$5,992 / year
HOA Fees$234 / month
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Year Built1972
Lot Size0.04 AC / 1,799 SF
CountyTravis County

Location

Listing Courtesy of Berkshire Hathaway TX Realty, Dan O'Connell, TREC #0344131
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Building Information for 505 Demarett Drive, Unit 12

Stories2Residences-Year Built1972Lot Size0.04 AC / 1,799 SF

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$1,415 per month

30 year fixed, 6.15% Interest

Principal and Interest

$682

Property Taxes

$499

HOA Dues

$234

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Property Information for 505 Demarett Drive, Unit 12

General Information
Parking
  • Garage Spaces: 0
  • Parking Total: 2
  • Parking Features: Outside, Parking Lot
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: Beamed Ceilings, Breakfast Bar, Open Beams Beamed Ceailings, Ceiling Fan(s), Granite Counters, High Ceilings, Interior Steps, Walk In Closets
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, FreeStandingElectricRange, Disposal, Microwave
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: Living Room, See Through, Wood Burning
  • Laundry Features: Inside, MainLevel, LaundryRoom
  • Restrictions: CityRestrictions, DeedRestrictions, RestrictiveCovenant
Exterior
  • Exterior Features: Balcony, Exterior Steps
  • New Construction: No
  • Construction Materials: Frame
  • Foundation Details: Pillar Post Pier
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Balcony
  • Roof: Composition
  • Fencing: None
  • Direction Faces: West
  • Window Features: Blinds, DisplayWindows
  • Accessibility Features: None
  • Community Features: Common Grounds/Area, Fitness Center, Golf, Lake, Playground, Park, Restaurant, Sport Courts, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Level, Open Lot, Many Trees, Trees Small Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Electric
  • Heating YN: Yes
  • Heating: Central, Electric
  • Sewer: Private Sewer
  • Utilities: Electricity Available
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Pont Venture POA and Point Venture Townhouses
  • Association Fee Includes: CommonAreaMaintenance, Trash
  • Tax Assessed Value: $247,789
  • Additional Parcels: No
  • Tax Year: 2025
  • Tax Rate: 2.57%
Showing Information
Showing Information
  • Security Features: Smoke Detector(s)
  • Directions: From Lago Vista take Lohmans Ford Road. to Venture Blvd N. Keep going straight past stop sign. Turn Left on Nicklaus and right on Demarett. Unit on the left.

Property History for 505 Demarett Drive, Unit 12

DateEvent & SourcePriceAppreciation
Feb 3, 2026

Price Change

ACTRIS #4738867

$139,900
Jan 27, 2026

Listed (Active)

ACTRIS #4738867

$144,900
Jan 12, 2026

Expired

ACTRIS #5395948

$144,900
Dec 3, 2025

Price Change

ACTRIS #5395948

$154,900
Nov 3, 2025

Price Change

ACTRIS #5395948

$159,900
Oct 2, 2025

Price Change

ACTRIS #5395948

$164,900
Aug 19, 2025

Listed (Active)

ACTRIS #5395948

$179,900
Jun 11, 2025

Withdrawn

ACTRIS #8454212

$199,000
Jun 10, 2025

Temporarily Off Market

ACTRIS #8454212

$199,000
Apr 14, 2025

Price Change

ACTRIS #8454212

$209,000
Apr 8, 2025

Listed (Active)

ACTRIS #8454212

Apr 8, 2025

Price Change

ACTRIS #8454212

$229,000
Apr 7, 2025

Temporarily Off Market

ACTRIS #8454212

Feb 10, 2025

Price Change

ACTRIS #8454212

$234,900
Dec 17, 2024

Price Change

ACTRIS #8454212

$235,000
Oct 16, 2024

Listed (Active)

ACTRIS #8454212

$249,000
Oct 18, 2023

Expired

SABOR #ABOR3531799

$249,000
Oct 18, 2023

Withdrawn

ACTRIS #3531799

$249,000
Sep 26, 2023

Listed (Active)

ACTRIS #3531799

$249,000
Sep 26, 2023

Listed (Active)

SABOR #ABOR3531799

$249,000
Nov 30, 2022

Sold

ACTRIS #1145373

Oct 29, 2022

Pending

ACTRIS #1145373

Oct 7, 2022

Listed (Active)

ACTRIS #1145373

$250,000
DateEvent & SourcePrice
02/03/2026

Price Change

ACTRIS #4738867

$139,900
01/27/2026

Listed (Active)

ACTRIS #4738867

$144,900
01/12/2026

Expired

ACTRIS #5395948

$144,900
12/03/2025

Price Change

ACTRIS #5395948

$154,900
11/03/2025

Price Change

ACTRIS #5395948

$159,900
10/02/2025

Price Change

ACTRIS #5395948

$164,900
08/19/2025

Listed (Active)

ACTRIS #5395948

$179,900
06/11/2025

Withdrawn

ACTRIS #8454212

$199,000
06/10/2025

Temporarily Off Market

ACTRIS #8454212

$199,000
04/14/2025

Price Change

ACTRIS #8454212

$209,000
04/08/2025

Listed (Active)

ACTRIS #8454212

04/08/2025

Price Change

ACTRIS #8454212

$229,000
04/07/2025

Temporarily Off Market

ACTRIS #8454212

02/10/2025

Price Change

ACTRIS #8454212

$234,900
12/17/2024

Price Change

ACTRIS #8454212

$235,000
10/16/2024

Listed (Active)

ACTRIS #8454212

$249,000
10/18/2023

Expired

SABOR #ABOR3531799

$249,000
10/18/2023

Withdrawn

ACTRIS #3531799

$249,000
09/26/2023

Listed (Active)

ACTRIS #3531799

$249,000
09/26/2023

Listed (Active)

SABOR #ABOR3531799

$249,000
11/30/2022

Sold

ACTRIS #1145373

10/29/2022

Pending

ACTRIS #1145373

10/07/2022

Listed (Active)

ACTRIS #1145373

$250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Demarett Drive, Unit 12

Taxable ValueLand$66,590Additions$181,199Total$247,789
Tax Record2024$6,170 ($514 / month)
Home Facts
Beds0Total Finished SqFt1,398 SqFtAbove Grade Finished SqFt1,398 SqFtStories2Lot Size1,799 SqFtStyleTownhouseYear Built1972CountyTRAVISAPN01478309120000Fireplace TypeHas Fireplace

Schools near 505 Demarett Drive, Unit 12

This home is within Lago Vista Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lago Vista Elementary School
PublicPK to 3

Lago Vista Intermediate School
Public4 to 5

Lago Vista Middle School
Public6 to 8

Lago Vista High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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505 Demarett Drive, Unit 12 is a townhouse for sale in Point Venture, TX 78645. This property was listed for sale on January 27, 2026 by Berkshire Hathaway TX Realty, it's currently listed at $139,900. It has been on the market for a total of 30 days and was last sold on November 30, 2022. This listing's school district is Lago Vista Independent School District. Nearby schools include Lago Vista Elementary School, Lago Vista Intermediate School and Lago Vista Middle School. 505 Demarett Drive, Unit 12 is a 2-bed, 2-bath, 1,398 sqft townhouse built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway TX Realty, Dan O'Connell, TREC #0344131

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.