$379,900
3 bd · 3 ba · 1,630 sqft
585 Demarett Dr, Point Venture, TX 78645
585 Demarett Dr, Point Venture, TX 78645 is a 3-bedroom, 3-bathroom townhouse listed at $379,900 ($233/sqft). 1,630 sqft. Built in 2019. Located in Lakeway, Austin TX. Priced 17% below the Lakeway median of $282/sqft. MLS #5990669. Listed by Pure Realty.
Property Overview
This end-unit townhouse at 585 Demarett Drive in Point Venture offers waterfront living on Lake Travis with the privacy of a single neighbor and dedicated parking for both vehicles and watercraft. Built in 2019, the three-bedroom, three-bath residence spans 1,630 square feet and showcases granite countertops, custom cabinetry, and stainless steel appliances throughout. The open-concept kitchen flows into the dining and living areas, anchored by a breakfast bar ideal for entertaining, while a covered patio overlooks the championship golf course that defines the Lakeway lifestyle.
Beyond the polished interiors, this property taps into one of Austin's most sought-after resort-style communities. Two reserved parking spaces accommodate a vehicle and boat or golf cart, granting immediate access to the marina and Lake Travis recreation. The townhome's current performance as an Airbnb and VRBO listing demonstrates strong income potential while the owner enjoys the flexibility of personal use during off-season periods.
Positioned at $233 per square foot—24% below the area median of $306—this turnkey property represents exceptional value for buyers seeking Lake Travis proximity without the full-home maintenance demands. The location bridges Austin's bustling neighborhoods with Lakeway's tranquil waterfront culture, offering both investment merit and weekend retreat appeal.
Vox Real Estate Insight
At Vox Residential, we recognize 585 Demarett Drive as a rare opportunity in Point Venture where pricing has created genuine equity for the right buyer—particularly those interested in the proven short-term rental model in this resort destination. The end-unit configuration and two-space parking setup are increasingly difficult to secure in Lakeway communities, making this a standout choice for buyers prioritizing both privacy and water access.
Agent Description
This gorgeous rare 3 bedroom townhome located in beautiful Point Venture offers end unit with only 1 neighbor next door and 2 RSVP spaces for your car and boat or golf cart. Features include granite countertops, custom cabinetry, undermounted sink, stainless steel appliances, eat in kitchen with breakfast bar open to dining/living room plus half bath, laundry and covered patio overlooking golf course. Currently used as an AirBnB and VRBO.
Neighborhood: Lakeway
This property is located in Lakeway, Austin, TX. The area is known for Lake Travis Living, Marina Access, Golf Courses, Waterfront Dining, Resort Lifestyle.
At $233/sqft, this listing is priced 17% below the Lakeway median of $282/sqft.
Property Details
| Property Type | Townhouse |
| Year Built | 2019 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Living Area | 1,630 sqft |
| Lot Size | 1,089 sqft |
| Price / Sqft | $233 |
| Stories | Two |
| Condition | Resale |
| Unit Style | 1st Floor Entry, Multi-level Floor Plan |
| Subdivision | Point Venture Highpoint Townhomes |
| County | Travis |
| MLS Area | LN |
| Listed | Sep 28, 2025 |
| MLS # | 5990669 |
| Listed By | Pure Realty |
Interior
| Flooring | Carpet, Tile |
| Appliances | Dishwasher, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater |
| Interior Features | Breakfast Bar, Granite Counters, Interior Steps, Recessed Lighting, Walk-In Closet(s) |
| Windows | Window Treatments |
| Laundry | Laundry Room, Main Level |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Natural Gas Not Available, Underground Utilities |
| Water Source | MUD |
| Sewer | MUD |
Exterior & Lot
| Construction | Frame, HardiPlank Type, Stone, Stucco |
| Roof | Composition |
| Foundation | Slab |
| Exterior Features | Balcony, Boat Dock - Shared |
| Patio & Porch | Covered, Patio, Porch |
| Lot Features | Backs To Golf Course, Level, Near Golf Course, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft) |
| View | Golf Course |
| Faces | West |
Parking
| Parking Spaces | 2 |
| Parking Features | Common, Off Street |
Community & HOA
| HOA | Yes |
| HOA Name | PVPOA & PVTHA |
| HOA Fee | $199 / Monthly |
| Fee Includes | Common Area Maintenance, Landscaping |
| Community Features | Fitness Center, General Aircraft Airport, Golf, Lake, Park, Planned Social Activities, Playground, Pool, Tennis Court(s) |
| Security | Smoke Detector(s) |
Assigned Schools
| Elementary | Lago Vista |
| Middle | Lago Vista |
| High | Lago Vista |
| District | Lago Vista ISD |
Taxes & Legal
| Tax Year | 2024 |
| Annual Tax | $8,346 |
| Assessed Value | $345,119 |
| Parcel # | 585 Demarett Dr |
| Legal Description | Lot 211, Amended Plat of Lot 13, Sec 2-B |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 585 Demarett Dr, Point Venture, TX 78645?
This property is listed at $379,900, which is $233 per square foot. That is 17% below the Lakeway area median of $282/sqft.
How many bedrooms and bathrooms does 585 Demarett Dr, Point Venture, TX 78645 have?
This home has 3 bedrooms and 3 bathrooms, with 1,630 square feet of living space.
When was 585 Demarett Dr, Point Venture, TX 78645 built?
This property was built in 2019, making it 7 years old.
What neighborhood is 585 Demarett Dr, Point Venture, TX 78645 in?
This property is in Lakeway, Austin, TX. The area is known for lake travis living, marina access, golf courses.
How long has 585 Demarett Dr, Point Venture, TX 78645 been on the market?
This listing has been on the market for 318 days.
What type of property is 585 Demarett Dr, Point Venture, TX 78645?
This is a Townhouse on a 1,089 sqft lot.