Active Listing  ·  98 days on market

700 Augusta Cir N

Point Venture, TX 78645
$535,000
5 Bed 3 Bath 2,660 sqft $201/sqft Built 2005 0.33 acres 2.5-Car Garage Pool Point Venture Sec 02

Set on a quiet cul-de-sac in Point Venture, this thoughtfully designed five-bedroom home combines Lake Travis views, flexible living spaces, and access to one of the lake’s most amenity-rich communities. The upper level serves as the heart of the home, featuring the primary suite, a secondary bedroom with its own full bath, and an open living, dining, and kitchen area that takes advantage of the home’s elevated setting. Large windows and the expansive upper deck provide inviting views of Lake Travis and the surrounding Hill Country, creating an ideal backdrop for everyday living and entertaining. Downstairs, a spacious second living area, three additional bedrooms, and a full bath offer excellent separation for guests, hobbies, remote work, or multi-generational living. Outside, thoughtful landscaping, private fencing, and generous spacing between neighboring homes create a sense of breathing room that can be difficult to find. Point Venture residents enjoy access to a marina, boat ramps, waterfront park, golf course, Junior Olympic pool, fitness center, pickleball and tennis courts, floating restaurant, live music, and year-round community events.Whether you’re searching for a full-time residence or a Hill Country retreat, this home offers the space, views, and lifestyle that make Point Venture such a sought-after Lake Travis destination.

At $201/sqft, this home is 10% 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

700 Augusta Cir N, Point Venture, TX 78645

Property Details

Price $535,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,660 sqft
Lot Size 0.33 acres (14,374.8 sqft)
Year Built 2005
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Point Venture Sec 02
County Travis
Zip Code 78645
$/sqft $201/sqft
Days on Market ,
HOA $140/Monthly
Annual Tax Est. $12,259.35
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236670398
List Date June 17, 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 · June 17, 2026 $615,000
Previous ask $550,000
Current ask $535,000
Reduced $80,000 (-13.0%) 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
600 Augusta Cir N
Point Venture Sec 02
$539,900 $196 4 bd / 4 ba 2,756 sqft , 2025-05-30
18609 Venture Dr
Point Venture Sec 02
$544,900 $310 4 bd / 3 ba 1,757 sqft , 2026-06-05
18605 Masters Cv
Point Venture Sec 02
$499,000 $236 4 bd / 2 ba 2,111 sqft , 2026-05-15
445 Venture Blvd S
French Quarter
$495,000 $202 4 bd / 4 ba 2,451 sqft , 2026-08-08
208 Venture Blvd S
Point Venture
$463,500 $217 4 bd / 2 ba 2,135 sqft , 2026-06-02

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (~2.1% TX avg)−$936
Insurance (~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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 12, 2026.

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