Active Listing  ·  201 days on market

524 Palmer Dr

Point Venture, TX 78645
$320,000
3 Bed 3 Bath 1,474 sqft $217/sqft Built 2021 0.02 acres Pool Point Venture

Located just minutes from Lake Travis, this well-maintained townhouse offers an excellent opportunity for a short-term rental, investment property, or private Hill Country retreat. With a successful history as a highly rated Airbnb, the home provides both income potential and lifestyle flexibility.

Inside, the open-concept design features tall ceilings, abundant natural light, and durable luxury vinyl plank flooring throughout. The kitchen is equipped with quartz countertops, a farmhouse sink, Whirlpool stainless steel appliances, and soft-close cabinetry, creating a functional and stylish gathering space.

The three-bedroom layout includes one bedroom on the main level and two spacious bedrooms upstairs. The primary suite features access to a private wood deck overlooking peaceful green space. The primary bathroom includes dual vanities and a large walk-in shower.

Enjoy relaxing outdoors on the covered back porch surrounded by mature trees and local wildlife. With flexible rental options and negotiable furnishings, this property offers a move-in-ready opportunity just minutes from Lake Travis recreation.

At $217/sqft, this home is 3% 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

524 Palmer Dr, Point Venture, TX 78645

Property Details

Price $320,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,474 sqft
Lot Size 0.02 acres (784.08 sqft)
Year Built 2021
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Point Venture
County Travis
Zip Code 78645
$/sqft $217/sqft
Days on Market ,
HOA $235/Monthly
Annual Tax Est. $5,827.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221462047
List Date March 6, 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
507 Venture Blvd S
Point Venture Sec 01-B
$319,000 $187 3 bd / 2 ba 1,704 sqft , 2026-03-24
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
$1,536/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
$64,000
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (~2.1% TX avg)−$560
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-903

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 March 16, 2026.

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