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Fred Milling
Sales/Leasing
REALTOR®
(512) 623-0580
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505 Demarett Dr, Unit 12, Point Venture, TX 78645

$119,900
  • 505 Demarett Dr, Unit 12, Point Venture, TX 78645 Main Photo

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(Bank Owned) - Pending
BEDS2 BATHS2 full SQUARE FEET1,398 MLS#4738867
STATUS(Bank Owned) - Pending PROPERTY TYPEResidential - Townhouse SUBDIVISIONPoint Venture SCHOOLLago Vista ISD

Property 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 Disclosure

505 Demarett Dr, Unit 12 | MLS# 4738867

This townhouse located at 505 Demarett Dr, Unit 12, Point Venture, TX 78645 is currently listed for sale with an asking price of $119,900. This property was built in 1972 and has 2 bedrooms and 2 full baths with 1398 sq. ft. Demarett Dr, Unit 12 is located in the Point Venture subdivision within the Lago Vista ISD school district. Search Point Venture real estate on www.millingaboutre.com today.

Property Features

Property Type: Residential - Townhouse
Cooling: Central Air, Electric
Fireplaces: 1
Heating: Central, Electric
Lot Size: 0.04 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $5,992
Year Built: 1972

Amenities

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

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range
Area #: LN
Community Features: Common Grounds, Fitness Center, Golf, Lake, Park, Picnic Area, Playground, Restaurant, Sport Court(s)/Facility
Days on Site: 9
Exterior: Frame
Fireplace: Living Room, See Through, Wood Burning
Flood Plain: No
Flooring: Laminate, Tile
HOA Fee: $234/ Monthly
Lot: Level, Open Lot, Many Trees, Trees-Small (Under 20 Ft)
Lot Dimensions: 25x75
Parcel#: 01478309120000
Parking: Outside, Parking Lot
Parking Notes: Outside, Parking Lot
Patio/Porch: Covered, Deck, Front Porch, Rear Porch
Restrictions: City Restrictions, Covenant, Deed Restrictions
Security: Smoke Detector(s)
Sewer: Private Sewer
Special View Info: Golf Course, Hill Country, Lake
Utilities: Electricity Available
Water: Municipal Utility District (MUD)
Window: Blinds, Display Window(s)

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway TX Realty
Agency Contact: (512) 483-6000

Shown By

Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City

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Estimated Payment

$ 801.15 per month $266.85 Principal & Interest $499.33 Property Tax $34.97 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 4:24:58 AM EST) or Austin MLS (last updated Thu 03/19/2026 12:27:31 AM EST) or CTXMLS (last updated Wed 03/18/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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