Active Listing  ·  33 days on market

18231 Lakepoint Cv

Point Venture, TX 78645
$675,000
3 Bed 3 Bath 2,184 sqft $309/sqft Built 1996 0.12 acres Pool Waterfront Point Venture Sec 01-A

Welcome to Your Lakefront Retreat on Lake Travis! Experience lake living at its finest in this fully remodeled, waterfront townhome with direct water access at the deepest part of Lake Travis. Short Term Rentals allowed! Nestled in the highly sought-after Point Venture community, this 3-bedroom, 3-bathroom oasis offers breathtaking, unobstructed views from 3 different balconies and top-tier amenities for both relaxation and recreation. Each spacious bedroom boasts its own ensuite bathroom and private balcony overlooking the lake. The main level features a step-free entry to the kitchen, living, and one of the bedrooms from your front row designated parking. The living room offers an open floor plan bathed in natural light, a beautifully updated kitchen, and a large balcony overlooking Lake Travis from the double sliding glass doors—the perfect spot for your morning coffee. Upstairs, discover a serene retreat with an additional ensuite bedroom, office nook, and another private lake-view balcony. The lower level hosts the third bedroom, an oversized laundry room, ample storage, and direct access to the lake from the third balcony. Each room provides it’s own lakefront retreat with the privacy of it’s own bathroom and balcony. Enjoy endless amenities, including a neighborhood pool, tennis and pickleball courts, a lakefront golf course, and a private beach. Dine at the on-site floating restaurant and marina, or explore miles of pristine shoreline. All of the incredible amenities can be enjoyed in this golf cart friendly community.

At $309/sqft, this home is priced 38% above the Point Venture active market average of $224/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

18231 Lakepoint Cv, Point Venture, TX 78645

Property Details

Price $675,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,184 sqft
Lot Size 0.12 acres (5,275.12 sqft)
Year Built 1996
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Point Venture Sec 01-A
County Travis
Zip Code 78645
$/sqft $309/sqft
Days on Market ,
HOA $215/Monthly
Annual Tax Est. $22,275.86
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT244222548
List Date August 21, 2026
Elementary School Lago Vista
Middle School Lago Vista
High School Lago Vista
School District ,

Luke Allen (TREC #788149) has deep knowledge of Point Venture and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Point Venture

Comparable Listings Right Now

Homes currently for sale in Point Venture with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
418 Venture Blvd S
Point Venture Sec 01
$689,000 $242 4 bd / 4 ba 2,846 sqft , 2026-05-02
117 Medalist St
Lakeway Sec 17
$699,000 $348 3 bd / 3 ba 2,006 sqft , 2026-06-18
217 Sailors Run
Lohmans Crossing Estates Sec 5
$625,000 $252 4 bd / 3 ba 2,479 sqft , 2026-08-27
843 Sunfish St
Lakeway Sec 14
$599,000 $212 4 bd / 4 ba 2,827 sqft , 2026-08-12
1101 Ivean Pearson Rd #D202
Waterstone Condominiums
$599,000 $303 3 bd / 3 ba 1,974 sqft , 2026-08-28

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$3,240/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$135,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (~2.1% TX avg)−$1,181
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,906

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Point Venture, TX

Point Venture sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 21, 2026.

📞 (254) 718-2567 [email protected] More about Luke →