Active Listing  ·  131 days on market

18605 Masters Cv

Point Venture, TX 78645
$499,000
4 Bed 2 Bath 2,111 sqft $236/sqft Built 2019 0.19 acres 2-Car Garage Pool Point Venture Sec 02

Welcome to lakeside living in the highly desirable Lake Travis community! Tucked away on a quiet, secluded cul-de-sac surrounded by mature trees, this beautifully designed single-story home offers the perfect blend of comfort, style, and resort-style living. Featuring 4 spacious bedrooms and 2 full baths, the home showcases an open-concept layout with soaring ceilings, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it ideal for entertaining or everyday living. Step outside to your own backyard oasis complete with a hot tub, perfect for relaxing and enjoying peaceful Hill Country evenings. A golf cart is also included, giving you easy access to all the incredible amenities throughout the community. Residents enjoy unmatched amenities including a pool and fitness center- both overlooking Lake Travis, a private 60-acre waterfront park with disc golf and boat ramp access, an award-winning 9-hole golf course, sports courts, waterfront dining at the floating restaurant, and popular sports bars just minutes away. Whether you’re looking for full-time living, a vacation getaway, or an investment property with long-term or short-term rental potential, this exceptional home offers the ultimate Lake Travis lifestyle with endless opportunities to relax, play, and enjoy lake living at its finest.

At $236/sqft, this home is priced 5% 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

18605 Masters Cv, Point Venture, TX 78645

Property Details

Price $499,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,111 sqft
Lot Size 0.19 acres (8,189.28 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Point Venture Sec 02
County Travis
Zip Code 78645
$/sqft $236/sqft
Days on Market ,
HOA $140/Monthly
Annual Tax Est. $12,239.82
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230191255
List Date May 15, 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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 15, 2026 $565,000
Previous ask $524,900
Current ask $499,000
Reduced $66,000 (-11.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1101 Ivean Pearson Rd #A102
Waterstone Condo
$499,000 $261 3 bd / 3 ba 1,915 sqft , 2026-01-09
1101 Ivean Pearson Rd #E207
Waterstone On Lake Travis Condos
$499,900 $280 3 bd / 3 ba 1,788 sqft , 2026-05-03
445 Venture Blvd S
French Quarter
$495,000 $202 4 bd / 4 ba 2,451 sqft , 2026-08-08
18817 Kelly Dr
Point Venture Sec 03-1
$489,000 $256 3 bd / 2 ba 1,913 sqft , 2026-08-26
1101 Ivean Pearson Rd #B204
Waterstone Condos
$475,000 $266 3 bd / 3 ba 1,788 sqft , 2026-06-11

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 15, 2026.

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