Market Overview for Point Venture

There are 36 active listings in Point Venture with a median list price of $350K and a median sold price of $465K.

Homes average 101 days on market.

Over the past 30 days, 9 homes have sold, with 47 sales in the past 12 months.

The average price per square foot is $233.

About Point Venture

Point Venture is a village of approximately 1,300 residents in western Travis County, Texas, located on the north bank of Lake Travis. The community sits on a peninsula extending into the lake, approximately 5 miles east of Lago Vista and about 35 miles northwest of downtown Austin. Point Venture was established in the early 1970s as a second-home and vacation community and was incorporated in August 2000 on the 125th anniversary of its founding area. The village has evolved from a primarily seasonal community into one where the majority of residents live year-round.

Real estate in Point Venture consists primarily of single-family homes on wooded lots, many with lake views or direct waterfront access. Lakefront homes with private docks typically start in the $600,000s and can exceed $1.5 million. Interior lots offer homes from the $300,000s to $600,000s. The community includes a private golf course, the Point Venture Golf Club, which serves as a social and recreational center for residents. Lot sizes vary but are generally larger than those in suburban developments, with mature tree cover and natural landscaping. The community maintains a relatively low density compared to the subdivisions in nearby Cedar Park or Leander. Jonestown properties may be subject to Travis County regulations and LCRA permitting for structures near the lake's shoreline, and buyers should verify dock permits and lake access rights.

All Point Venture students attend Lago Vista ISD schools. Lago Vista Elementary School, Lago Vista Middle School, and Lago Vista High School serve the community, with over 150 children from Point Venture attending these campuses. The district enrolls approximately 2,000 students total and is known for its small class sizes and close-knit school community. The Lago Vista campus complex is located approximately 5 miles west of Point Venture.

Point Venture is accessible via Lime Creek Road and Ranch Road 1431, which connects to Cedar Park (approximately 20 minutes east) and Lago Vista (approximately 10 minutes west). The drive to downtown Austin takes about 45-50 minutes. The village government operates under a mayor-council system and provides basic municipal services including road maintenance, code enforcement, and community facilities. Commercial activity within Point Venture is minimal — the community is almost entirely residential, with residents relying on Lago Vista and Cedar Park for shopping, dining, and medical services.

The village's appeal centers on its Lake Travis access, golf course, and quiet, semi-rural character. Like Jonestown, Point Venture's waterfront properties are affected by Lake Travis water levels, which are managed by LCRA and can fluctuate during drought conditions. The community maintains its own volunteer fire department and contracts with Travis County for law enforcement services. Point Venture has an active homeowners association that coordinates community events, maintains common areas, and manages shared amenities. The village's population has remained relatively stable, with growth constrained by the limited buildable land on the peninsula and the community's preference for maintaining low density. Most residential lots have been developed, and new construction typically involves teardowns or renovations of existing homes rather than new subdivisions. Property taxes in Point Venture include Travis County, Lago Vista ISD, and the village's own modest tax rate. The community's water supply is managed through local infrastructure, and residents should verify water system capacity and connection requirements when purchasing. The village's isolated peninsula geography limits through-traffic, contributing to a quiet residential atmosphere but also meaning that Lime Creek Road — a narrow, winding two-lane road — is the primary route in and out of the community.