About This Home

Beautifully remodeled townhome on the water in sought after Point Venture on Lake Travis. Walk out your back door to the calm water in the cove behind Captain Pete's Boathouse floating Restaurant.

At $216/sqft, this home is 4% below the Point Venture active market average of $224/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

269 Venture Blvd S, Point Venture, TX 78645

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Property Details

Price $349,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,620 sqft

Lot Size 0.03 acres (1,441.84 sqft)

Year Built 1972

Garage ,

Stories ,

Type Residential · Townhouse

Subdivision Point Venture

County Travis

Zip Code 78645

$/sqft $216/sqft

Days on Market ,

HOA $233.5/Monthly

Annual Tax Est. $5,673.56

Pool Yes

Waterfront Yes

New Construction ,

MLS # ACT237099999

List Date June 20, 2026

Elementary School Lago Vista

Middle School Lago Vista

High School Lago Vista

School District ,

Have Questions About This Property?

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 · June 20, 2026 $359,900

Current ask $349,990

▼ Reduced $9,910 (-2.8%) 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

275 Mooring Cir #B
Lohmans Crossing Estates Sec 2 $349,999 $316 2 bd / 2 ba 1,109 sqft , 2026-08-01

604 Whispering Hollow Cir
Point Venture Sec 02 $350,000 $282 3 bd / 2 ba 1,243 sqft , 2026-09-18

18616 CHAMPIONS Cir
Point Venture Sec 02 $355,000 $196 2 bd / 3 ba 1,815 sqft , 2026-07-28

426 Summit Ridge Dr N
Point Venture Sec 03-2 $335,000 $244 3 bd / 2 ba 1,375 sqft , 2025-02-05

113 Comanche Pt
Comanche Point Sec 3-A At Poin $335,000 $192 3 bd / 3 ba 1,741 sqft , 2026-07-30

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

$1,680/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

$69,998

20% conventional investment loan

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

Estimated Gross Rent+$1,680

Principal + Interest−$1,910

Property Tax (~2.1% TX avg)−$612

Insurance (~0.5%)−$146

Est. Monthly Cash Flow $-988

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

About the Author

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 August 4, 2026.

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

269 Venture Blvd S