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$229,900 -$5,100 (-2.17%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,809 Sq. Ft.
  • 0.041 Acres
  • Updated 2 days ago
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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!

Full Property Details for 559 Demarett Dr

General

  • Price: $229,900
  • HOA FEE: $225/month
  • Taxes: (2025)
  • Status: Active
  • Type: Condo
  • Source: Austin_MLS
  • MLS ID: 8082313
  • Updated: 3/2/2026
  • Added to Site: 55 day(s) ago

Interior

  • Interior Features: Beamed Ceilings, Open Beams/Beamed Ceailings, Double Vanity, High Ceilings, Main Level Primary, Storage, Natural Woodwork
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Wood Burning
  • Flooring: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 1

Other Rooms

  • Laundry: Lower Level, Laundry Room

Additional Information

  • Shared Amenities: Lake, Pool, Restaurant
  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: None, Community
  • Security/Safety: None

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Rear Porch, Patio, Balcony

Parking

  • Total Spaces: 2
  • Parking Features: Outside, Parking Lot

Location

  • Area: LN
  • County: Travis
  • Subdivision: Point Venture
  • Driving Directions: Take TX-1 N, US-183 N, Ranch Rd 1431 W, left on Lohman Ford, right to Demarett.
  • Direction Faces: East

School Information

  • Elem School District: Lago Vista ISD
  • Midd School District: Lago Vista ISD
  • High School District: Lago Vista ISD
  • Elementary School: Lago Vista
  • Middle School: Lago Vista
  • High School: Lago Vista

Community

  • Association: Yes
  • Assoc. Name: Point Venture POA
  • Assoc. Fees Include: Common Area Maintenance

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: See Remarks
  • Water: See Remarks
  • Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

  • Detached/Attached: Detached
  • Construction: See Remarks
  • Roof: See Remarks
  • Windows: See Remarks
  • Square Feet: 1,809
  • Sq. Ft. Source: Public Records
  • Living Area: 1,809 Sq. Ft.
  • Year Built: 1972
  • Year Built Source: Public Records
  • Property Condition: Updated/Remodeled

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Golf Course, Hills, Lake, Neighborhood
  • Lot Size (Acres): 0.041
  • Lot Size (Sq. Ft.): 1,785.96
  • Fence: Yes
  • Lot Features: None
  • Fencing (Description): Gate

Water Features

  • Water View: Yes

Financial Considerations

  • Association Fee: $225
  • Assoc Fee Freq.: Monthly
  • Assessment Amount: $290,383
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: LOT 162 REPLAT OF LOTS 1, 10, 11&12 POINT VENTURE SEC 2-B
  • Disclosures/Reports: Seller Disclosure
  • Property ID: 147830908

Listed by Parham Lalezari, Broker

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Listing agent

— 559 Demarett Dr —

  • Parham Lalezari, Broker

(512) 520-6248

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 559 Demarett Dr

School District:Lago Vista Independent School District
NameGradesDistance
Lago Vista Elementary School
20311 Dawn Drive, Lago Vista, TX 78645
K-35 mi
Lago Vista Intermediate School
20801 Fm 1431, Lago Vista, TX 78645
4-56.8 mi
Lago Vista Middle School
8039 Bar K Ranch Road, Lago Vista, TX 78645
6-86.8 mi
Lago Vista High School
5185 Lohman Ford Road, Lago Vista, TX 78645
9-124.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 559 Demarett Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Price Reduced
$229,900
-2.17%
MLS
1/09/2026
Listed
$235,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 559 Demarett Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,022
—
$280,503
-3%
2024
$7,022
221%
$290,383
-10%
2022
$2,189
—
$321,914
24%
2022
$2,189
1%
$260,216
76%
2021
$2,168
-42%
$148,146
10%
2020
$3,706
2%
$134,678
7%
2020
$3,620
16%
$126,152
10%
2018
$3,129
24%
$114,684
10%
2016
$2,514
-9%
$104,258
10%
2017
$2,766
-12%
$94,780
-19%
2015
$3,133
44%
$116,503
34%
2014
$2,178
-1%
$86,730
1%
2013
$2,194
—
$86,109
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Parham Lalezari, Broker

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559 Demarett Drive, Point Venture, TX 78645 (MLS# 8082313) is a Condo property with 3 bedrooms and 3 full bathrooms. 559 Demarett Drive is currently listed for $229,900 and was received on January 09, 2026. Want to learn more about 559 Demarett Drive? Do you have questions about finding other Condo real estate for sale in Point Venture? You can browse all Point Venture real estate or contact a Coldwell Banker agent to request more information.

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