Active Listing  ·  238 days on market

575 Demarett Dr

Point Venture, TX 78645
$308,000
3 Bed 3 Bath 1,630 sqft $189/sqft Built 2019 0.03 acres Pool Point Venture

Love golf? Townhome included with cart. Tucked into the heart of Point Venture, this better-than-new end-unit townhome offers a rare combination of privacy, light, and lifestyle in one of Lake Travis’ most beloved village communities. Designed for easy living, the layout lives larger than expected with open-concept main living spaces, clean modern finishes, and abundant natural light that flows throughout the home. As an end unit, the sense of openness and separation is immediately felt, creating a calm, comfortable retreat at the end of the day.

Point Venture is more than a neighborhood; it’s a destination. Residents enjoy access to a lifestyle anchored by golf, lake recreation, parks, trails, and a close-knit community that draws people here. Morning tee times, sunset walks, and spontaneous gatherings with neighbors are part of everyday life. This home is ideally positioned for buyers who value quality of life, connection, and low-maintenance ownership without sacrificing comfort or style.

Inside, the home offers thoughtfully proportioned spaces that support both daily living and hosting with ease. The kitchen anchors the main level, opening seamlessly to living and dining areas for effortless flow. Upstairs bedrooms provide flexibility for guests, work-from-home needs, or extended stays, while the primary suite offers a quiet, private place to recharge. The overall condition reflects careful ownership and a move-in-ready experience that feels fresh, polished, and turnkey.

Whether you are seeking a full-time residence, a lock-and-leave second home, or a lifestyle-driven move to Point Venture, this townhome delivers on location, livability, and long-term value. Here, the home supports the life you want to live, and the village completes the story. It is an ideal fit for buyers who prioritize simplicity, community, and intentional living near the water and the fairway, all within an established, welcoming environment that feels both relaxed and refined.

At $189/sqft, this home is 16% 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

575 Demarett Dr, Point Venture, TX 78645

Property Details

Price $308,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,630 sqft
Lot Size 0.03 acres (1,089 sqft)
Year Built 2019
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Point Venture
County Travis
Zip Code 78645
$/sqft $189/sqft
Days on Market ,
HOA $215/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216943872
List Date January 28, 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 →

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 · January 28, 2026 $337,900
Previous ask $318,000
Current ask $308,000
Reduced $29,900 (-8.8%) 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
18800 Hogan Cir #107
Point Venture Sec 2B Un 20
$305,000 $204 3 bd / 3 ba 1,498 sqft , 2026-08-27
287 Venture Blvd
Indian Point At Point Venture
$300,000 $173 3 bd / 2 ba 1,730 sqft , 2025-10-24
329 Venture Blvd S
Indian Point At Point Venture
$300,000 $213 3 bd / 2 ba 1,406 sqft , 2026-06-13
111 Comanche Pt
Comanche Point Sec 03-A At Point Venture
$299,000 $216 3 bd / 2 ba 1,386 sqft , 2026-01-23
507 Venture Blvd S
Point Venture Sec 01-B
$319,000 $187 3 bd / 2 ba 1,704 sqft , 2026-03-24

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
$1,478/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
$61,600
20% conventional investment loan

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

Estimated Gross Rent+$1,478
Principal + Interest−$1,681
Property Tax (~2.1% TX avg)−$539
Insurance (~0.5%)−$128
Est. Monthly Cash Flow $-870

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 14, 2026.

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