Active Listing  ·  183 days on market

507 Venture Blvd S

Point Venture, TX 78645
$319,000
3 Bed 2 Bath 1,704 sqft $187/sqft Built 2016 0.06 acres Pool Point Venture Sec 01-B

Discover the charm of Point Venture, a lakeside haven nestled along the shores of stunning Lake Travis. This inviting townhome offers picturesque lake views and direct access once the water levels return to normal. Step inside to find a well-appointed layout, featuring one of two primary bed/baths downstairs, alongside a cozy fireplace and expansive deck. Upstairs, a loft, second primary bedroom, and secondary bedroom await, each with direct deck access and breathtaking views of the lake by day and twinkling lights by night. Enjoy leisurely moments and entertaining guests on both decks, while Point Venture’s outstanding amenities cater to every lifestyle. Explore a 50-acre resident-only lakeside park, boasting a 9-hole disc golf course, sand volleyball court, basketball court, playground, and private boat ramps. On the opposite side, discover a full-service marina, floating restaurant, gym, Olympic-sized pool, library, and meeting rooms. Experience the epitome of lake living at Point Venture. USDA Eligible!

At $187/sqft, this home is 17% 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

507 Venture Blvd S, Point Venture, TX 78645

Property Details

Price $319,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,704 sqft
Lot Size 0.06 acres (2,709.43 sqft)
Year Built 2016
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Point Venture Sec 01-B
County Travis
Zip Code 78645
$/sqft $187/sqft
Days on Market ,
HOA $240/Monthly
Annual Tax Est. $14,681
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223656101
List Date March 24, 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 · March 24, 2026 $329,000
Current ask $319,000
Reduced $10,000 (-3.0%) 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
524 Palmer Dr
Point Venture
$320,000 $217 3 bd / 3 ba 1,474 sqft , 2026-03-06
575 Demarett Dr
Point Venture
$308,000 $189 3 bd / 3 ba 1,630 sqft , 2026-01-28
18800 Hogan Cir #107
Point Venture Sec 2B Un 20
$305,000 $204 3 bd / 3 ba 1,498 sqft , 2026-08-27
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
$1,531/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
$63,800
20% conventional investment loan

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

Estimated Gross Rent+$1,531
Principal + Interest−$1,741
Property Tax (~2.1% TX avg)−$558
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-901

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 19, 2026.

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