516 Demarett DR #9

Point Venture, TX 78645 View Map $349,000 Schedule a Tour

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Status: Active
Property Type:House
MLS #:7411187
Sq. Feet:1,809
On Site:17 Days
Lot Size:0.04 Acres
Monthly HOA:$185
Investor dream property! This townhouse has been cashflow positive with $103,723 Airbnb income from 2021-2023. ($2,881/month average). All furniture is negotiable. No restrictions on short-term rentals.

Nestled in the highest point on the west side of Point Venture, this fully renovated 3-bedroom, 3 full bathroom home is a haven of comfort and style, offering breathtaking views of the lake and hill country sunsets. Spanning three levels, this home welcomes you with laminate wood flooring that flows seamlessly throughout, creating a warm and inviting atmosphere. The large windows capture the natural beauty of the surroundings and invite an abundance of sunlight, creating an airy and bright interior. The living room, adorned with a soaring ceiling and a stunning wood-feature wall, sets the tone for the home's elegant design. This space seamlessly connects with the dining area and kitchen, where you'll find a breakfast bar, granite countertops, and stainless-steel appliances. Sliding doors open to one of three incredible wood decks, perfect for enjoying the serene views or entertaining guests. The main floor hosts the primary bedroom, featuring a modern ceiling fan and easy access to a full bathroom. The lower level offers a secondary bedroom, a convenient laundry room, and another full bath, providing privacy and comfort. This level also grants access to the lower deck, extending the living space outdoors. The third floor boasts a third bedroom, a third full bath, and a versatile bonus room ideal for a game room, home office, or an additional bedroom. The third deck on this level offers another outdoor oasis for lounging or entertaining, showcasing panoramic lake views. Point Venture's amenities are the cherry on top, including a 9-hole golf course, a lakeside pool, a private waterfront park with a boat launch, a fitness center, and more. All furniture is negotiable.

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ABOUT 516 Demarett DR #9, Point Venture, TX 78645 - MLS 7411187

In Travis County, this property is located at 516 Demarett DR #9 in the Point Venture neighborhood of Point Venture, with a current listing price of $349,000. This 1809 square foot house for sale has 3 bedrooms, 3 baths, and is situated on 0.04 acres of land.

For more information about 516 Demarett DR #9, see more details below as entered by the listing brokerage, including property taxes, year built, assigned schools, type of construction, exterior and interior features, locations, views, and any neighborhood amenities in Point Venture.

Call The RealFX Group to get into your Austin area dream home today! Our local agents are experts in the Point Venture real estate market and are committed to providing outstanding service. To tour MLS #7411187 today, connect with an agent at (512) 956-7390.

Price Change History

Date Old Price New Price Percent Change

Community Information

Address:516 Demarett DR #9, Point Venture, TX 78645
Subdivision:Point Venture
Zip Code:78645

School Information

High School:Lago Vista
Middle School:Lago Vista
Elementary School:Lago Vista


Unit Number:#9
Bedrooms: 3
Bathrooms: 3
Year Built:1972
Stories:Three Or More
Construction Materials: Wood Siding
Roof: Composition, Shingle
Foundation: Pillar/Post/Pier
Attached Garage Yes/No: No
Parking Features: Additional Parking, Asphalt, Assigned, Lighted, Reserved

Features / Amenities

Interior Features: 2 Primary Baths, 2 Primary Suites, Bookcases, Breakfast Bar, Ceiling Fan(s), High Ceilings, Tray Ceiling(s), Vaulted Ceiling(s), Chandelier, Granite Counters, Crown Molding, Electric Dryer Hookup, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, Open Floorplan, Pantry, Primary Bedroom on Main, Smart Thermostat, Track Lighting, Walk-In Closet(s), Washer Hookup
Appliances: Dishwasher, Disposal, Free-Standing Electric Oven, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
Flooring: Laminate, No Carpet, Vinyl
Exterior Features: Balcony, Exterior Steps, Lighting, Outdoor Grill
Patio And Porch: Deck, Terrace
Direction Faces: NE
Window: Blinds
Cooling: Ceiling Fan(s), Central Air
Heating: Central


Living RoomMain
Dining RoomMain
Primary BathroomMain
Primary BedroomMain
Bonus RoomThird

Property Features

Lot Size: 0.04 Acres
Lot Features: Private, Views
View: Golf Course, Hill Country, Lake, River, Trees/Woods, Water
Utilities: Cable Connected, Electricity Connected, Internet-Cable, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Directions:From 183 and FM 1431. Head West on FM 1431, Left on Lohmans Ford, Right on Venture Blvd, Left on Nicklaus, Rt on Demarett Dr.

Tax and Financial Info

Terms: Cash, Conventional, FHA, Sell Workout, VA Loan
Buyer Agency Compensation: 3.000%
Sub Agency Compensation Type: 0.000%
Possession: Close Of Escrow, Funding
Association Fee: $185 (paid Monthly)
Association Fee Includes: Common Area Maintenance



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516 Demarett DR #9 Point Venture,  TX 78645
516 Demarett DR #9 Point Venture, TX 78645
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Listing provided courtesy of Compass Re Texas, LLC (512-560-8343).
The information being provided is 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.

Listings courtesy of ACTRIS MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of February 25, 2024 1:30 PM CST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.