559 Demarett Dr

1,809 Sq. Ft.
$130 / Sq. Ft.
1,809
Sq. Ft.
$130
per Sq. Ft.

Description

Charming townhouse on the local golf course and short distance to the lake is perfect for an owner occupant, STR investment, or vacation getaway. Updates in last 2 years include kitchen, bathrooms, HVAC and flooring. Relaxing outdoor patios on every level with their own unique atmosphere, including lake views from the top floor. Every floor has a generously sized bedroom with a walk-in closet and an updated full bathroom. Ample indoor and outdoor storage space. Recently renovated kitchen has newly...Charming townhouse on the local golf course and short distance to the lake is perfect for an owner occupant, STR investment, or vacation getaway. Updates in last 2 years include kitchen, bathrooms, HVAC and flooring. Relaxing outdoor patios on every level with their own unique atmosphere, including lake views from the top floor. Every floor has a generously sized bedroom with a walk-in closet and an updated full bathroom. Ample indoor and outdoor storage space. Recently renovated kitchen has newly installed range and dishwasher, oversized stainless steel sink with dual function faucet, grey quartz countertops and white lantern shaped backsplash. Living space has soaring ceilings with a striking suspended wood-burning fireplace, bringing together elements of mid-century modern and vintage design. Each floor with its own potential, use every room as a bedroom or use the spacious lower room as a movie theater, game room, office, gym, etc. Community amenities include pool, restaurant, library, gym, tennis and pickleball courts, clubhouse, and access to marina for an additional fee. Lago Vista is a short drive for more restaurants, grocery stores and things to do. Short Term Rental / STR allowed! Lots of amenities nearby, make your appointment today!
  1. Listed by Patrick Lalezari • TREC #0754650 • Parham Lalezari, Broker
    P: (512)-520-6248 C: (512)-520-6248 patricklalezari19@gmail.com

Property Details for 559 Demarett Drive

Subdivision Name
Point Venture
Waterfront
No
Waterfront Description
None
Water Access Description
See Remarks
View
Golf Course, Hills, Lake, Neighborhood
View YN
Yes
Parcel Number
0147830908
Elementary School
Lago Vista
LISTING UPDATED: 01/10/2026 04:01 AM

Property Details for 559 Demarett Drive

StatusActive
MLS #8082313
Days on Market19
Taxes$7,018 / year
HOA Fees$225 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1972
CountyTravis County

Location

Listing Courtesy of Parham Lalezari, Broker, Patrick Lalezari, TREC #0754650
Add your commute

Building Information for 559 Demarett Drive

Building/Complex559 Demarett DrFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built1972

Payment Calculator

$1,955 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,145

Property Taxes

$585

HOA Dues

$225

The Payment Calculator is for illustrative purposes only.

Property Information for 559 Demarett Drive

General Information
Parking
  • Garage Spaces: 0
  • Parking Total: 2
  • Parking Features: Outside, Parking Lot
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: Beamed Ceilings, Open Beams Beamed Ceailings, Double Vanity, High Ceilings, Main Level Master, Storage, Natural Woodwork
  • Flooring: See Remarks
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: Living Room, Wood Burning
  • Laundry Features: LowerLevel, LaundryRoom
  • Restrictions: SeeRemarks
Exterior
  • Exterior Features: Balcony
  • Construction Materials: See Remarks
  • Foundation Details: See Remarks
  • Patio And Porch Features: Rear Porch, Patio, Balcony
  • Roof: See Remarks
  • Fencing: Gate
  • Direction Faces: East
  • Window Features: SeeRemarks
  • Accessibility Features: None
  • Community Features: Lake, Pool, Restaurant
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: None
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: See Remarks
  • Utilities: Electricity Available, Sewer Available, Water Available
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Point Venture POA
  • Association Fee Includes: CommonAreaMaintenance
  • Tax Assessed Value: $290,383
  • Tax Year: 2025
  • Tax Rate: 2.57%
Showing Information
Showing Information
  • Security Features: None
  • Directions: Take TX-1 N, US-183 N, Ranch Rd 1431 W, left on Lohman Ford, right to Demarett.

Property History for 559 Demarett Drive

DateEvent & SourcePriceAppreciationLink
Jan 9, 2026

Listed (Active)

ACTRIS #8082313

$235,000
Dec 31, 2025

Expired

ACTRIS #7362071

$200,000
Sep 22, 2025

Listed (Active)

ACTRIS #7362071

$200,000
Jul 22, 2025

Withdrawn

ACTRIS #3042456

$205,000
Jul 21, 2025

Temporarily Off Market

ACTRIS #3042456

$205,000
Jul 18, 2025

Listed (Active)

ACTRIS #3042456

$205,000
Jun 6, 2025

Withdrawn

ACTRIS #3611230

$224,800
Apr 3, 2025

Temporarily Off Market

ACTRIS #3611230

Mar 19, 2025

Listed (Active)

ACTRIS #3611230

Mar 10, 2025

Active Under Contract

ACTRIS #3611230

Feb 4, 2025

Price Change

ACTRIS #3611230

$224,900
Jan 22, 2025

Price Change

ACTRIS #3611230

$225,000
Jan 13, 2025

Price Change

ACTRIS #3611230

$249,999
Dec 4, 2024

Price Change

ACTRIS #3611230

$250,000
Oct 13, 2024

Listed (Active)

ACTRIS #3611230

$275,000
Dec 12, 2013

Expired

ACTRIS #9690555

$95,000
Sep 12, 2013

Listed (Active)

ACTRIS #9690555

$95,000
Oct 23, 2000

Sold

ACTRIS #546713

Aug 19, 2000

Pending

ACTRIS #546713

$87,900
Jun 12, 2000

Listed (Active)

ACTRIS #546713

$87,900
Jun 8, 2000

Withdrawn

ACTRIS #542871

$87,900
May 15, 2000

Listed (Active)

ACTRIS #542871

$87,900
DateEvent & SourcePrice
01/09/2026

Listed (Active)

ACTRIS #8082313

$235,000
12/31/2025

Expired

ACTRIS #7362071

$200,000
09/22/2025

Listed (Active)

ACTRIS #7362071

$200,000
07/22/2025

Withdrawn

ACTRIS #3042456

$205,000
07/21/2025

Temporarily Off Market

ACTRIS #3042456

$205,000
07/18/2025

Listed (Active)

ACTRIS #3042456

$205,000
06/06/2025

Withdrawn

ACTRIS #3611230

$224,800
04/03/2025

Temporarily Off Market

ACTRIS #3611230

03/19/2025

Listed (Active)

ACTRIS #3611230

03/10/2025

Active Under Contract

ACTRIS #3611230

02/04/2025

Price Change

ACTRIS #3611230

$224,900
01/22/2025

Price Change

ACTRIS #3611230

$225,000
01/13/2025

Price Change

ACTRIS #3611230

$249,999
12/04/2024

Price Change

ACTRIS #3611230

$250,000
10/13/2024

Listed (Active)

ACTRIS #3611230

$275,000
12/12/2013

Expired

ACTRIS #9690555

$95,000
09/12/2013

Listed (Active)

ACTRIS #9690555

$95,000
10/23/2000

Sold

ACTRIS #546713

08/19/2000

Pending

ACTRIS #546713

$87,900
06/12/2000

Listed (Active)

ACTRIS #546713

$87,900
06/08/2000

Withdrawn

ACTRIS #542871

$87,900
05/15/2000

Listed (Active)

ACTRIS #542871

$87,900

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

Schools near 559 Demarett Drive

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.

Similar Homes

Similar Sold Homes

559 Demarett Drive is a condo for sale in Point Venture, TX 78645. This property was listed for sale on January 9, 2026 by Parham Lalezari, Broker, it's currently listed at $235,000. It has been on the market for a total of 19 days and was last sold on October 23, 2000. 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. 559 Demarett Drive is a 3-bed, 3-bath, 1,809 sqft condo 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 Parham Lalezari, Broker, Patrick Lalezari, TREC #0754650

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.