$275,000

Property Overview

This Point Venture townhouse offers exceptional value for Lake Travis living, priced 47 percent below the neighborhood median at just $158 per square foot. The 1,741-square-foot residence features two bedrooms, two bathrooms, and a dedicated game room that serves equally well for personal entertainment or short-term rental income. Situated in the Lakeway area near marina access and resort-style amenities, 549 Demarett Drive combines waterfront lifestyle appeal with practical functionality that's ready for immediate use.

The home's true advantage lies in its comprehensive recent upgrades, eliminating the guesswork for buyers seeking move-in condition. A new roof, complete plumbing replacement, Trane heat pump HVAC system with spray foam insulation, electrical work, foundation repairs, new windows and sliding doors, and interior finishes including fresh flooring and updated bathrooms create a solid foundation. A brand new water heater installed in March 2026 tops off the list of major improvements, while golf cart storage and defined outdoor spaces enhance the outdoor living experience characteristic of Point Venture's community amenities.

Vox Residential Insight

At this price point with systems already modernized, this property stands out for buyers wanting Lake Travis access without typical renovation costs that often accompany properties in this market. The Vox Residential team sees strong potential here for either primary residences seeking weekend lakeside living or investors looking to capitalize on Point Venture's rental-friendly status.

Agent Description

Game room, golf cart storage, and fully updated systems—this is one of the most functional and ready-to-use properties in Point Venture at this price point. Set up for immediate enjoyment or short-term rental use, this home offers flexibility, storage, and major improvements already completed so you’re not stepping into a project. Unlike many units in the area, the heavy lifting has already been done. Updates include a new roof, full plumbing replacement, HVAC system with Trane heat pump, spray foam insulation, electrical work, foundation repair, new windows and sliding doors, and a complete interior refresh with flooring, paint, and renovated bathrooms. A brand new water heater was installed in March 2026. The layout supports both everyday living and guest use, with defined spaces and added functionality that make it easy to host, relax, or generate income. The game room adds a clear advantage for both personal enjoyment and rental appeal, while outdoor spaces extend how the home lives. Golf cart storage and under-deck storage provide practical features that are hard to find in similar properties and add to the overall usability of the home. Furniture and game tables can convey, making this a true turnkey opportunity for buyers looking to step into lake living or rental use without delay. Located in Point Venture with access to the golf course, marina, lakefront park, and community amenities, this property offers a straightforward path into Lake Travis living.

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 $158/sqft, this listing is priced 47% below the Lakeway median of $297/sqft.

Property Details

Listing data last updated: May 19, 2026

Frequently Asked Questions