516 Demarett DR # 9, Point Venture TX 78645

Point Venture, TX 78645 | Point Venture

Ed's Opinion of Value

$207,000 Ed's Estimate: $283,329 $412,467
Lowest Comp Recommended List: $278,000 to $289,000 Highest Comp

Listing History

$299,000 List Price
$282,676 Comp Value
1 Price Reductions

This property was listed at $299,000 and withdrawn after 46 days on market. The price was reduced from $349,000 to $299,000. This listing activity factors into the valuation.

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $283,329. Pricing this home between $278,000 and $289,000 would put it in the competitive sweet spot for POINT VENTURE. This home's position in the current POINT VENTURE market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. At 23 years older than typical comps, the 1972 build date influences the valuation. The smaller lot (0.04 acres versus the area average of 0.10) contributes to the valuation. The comp data here (7 sales in POINT VENTURE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
3 Baths 3 Full
1,809 Sq Ft
0.0413 Acres
1972 Built

About This Property

Located in the highest point on the west side of Point Venture. It backs up to the golf course and has a great westerly lake view from top level, amazing sunsets. 2 master suites . Each level has its own deck and there is a great storage area on the lower level. Open living area with soaring ceilings featuring large windows making it light and bright. 4 beds/3 baths, great lake house or short term rental. Amenities are 9-hole golf course, Lakeside pool, private waterfront park with boat launch, gym.Restrictions: Yes

Features

  • 2 Primary Suites
  • High Ceilings
  • Interior Steps
  • Walk-In Closet(s)

Location

Schools

School District Lago Vista ISD
Elementary Lago Vista
Middle School Lago Vista
High School Lago Vista

Property Details

Property Type Residential
Flooring Carpet, Laminate
Cooling Central Air
Heating Central
Exterior Balcony, See Remarks
County Travis
MLS # 7411187

HOA & Community

HOA Fee $185 /Monthly
HOA Includes Common Area Maintenance, Landscaping

Tax Information

Annual Taxes (MLS) $3,687 (2020)

Listing History

MLS# 7411187 46 days (45 CDOM)
Mar 25, 2024 Off Market
Feb 9, 2024 Listed $365,000
Aug 28, 2020 Price Change $299,000

Frequently Asked Questions About 516 Demarett DR # 9, Point Venture TX 78645

When was 516 Demarett DR # 9, Point Venture TX 78645 built?

516 Demarett DR # 9, Point Venture TX 78645 was built in 1972.

How much does 516 Demarett DR # 9, Point Venture TX 78645 cost?

516 Demarett DR # 9, Point Venture TX 78645 is currently off market.

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