$294,999

Property Overview

This 2023-built townhouse at 512 Palmer Drive in Point Venture delivers resort-style living at a significant value, priced 31 percent below the Lakeway area median. The open-concept floor plan flows seamlessly from the chef-ready kitchen with self-closing cabinetry into the living spaces, where light luxury vinyl plank flooring and abundant windows create an airy, sophisticated feel. A versatile main-level bedroom serves perfectly as a guest suite or home office, while upstairs the two spacious secondary bedrooms offer flexibility for growing families or visiting friends.

The primary suite stands as the home's crowning feature, featuring a spa-inspired bathroom with dual vanities, an oversized walk-in shower, and soaring ceilings that enhance the sense of space. A private wood deck terrace overlooks peaceful green space, offering the perfect retreat for morning coffee or evening relaxation. The west-facing covered rear porch, shaded by mature trees, captures golden afternoon light and provides an inviting outdoor gathering area in this Lake Travis-adjacent community.

At just 1,484 square feet across three full bathrooms, this home maximizes efficiency without sacrificing comfort or style. The Lakeway neighborhood's marina access, championship golf courses, and waterfront dining establishments position this property within Austin TX's most sought-after resort-lifestyle communities, making it an exceptional opportunity for buyers seeking lake living convenience at an intelligent price point.

Vox Residential Insight

This townhouse represents one of the strongest value plays we've seen in the Point Venture market, offering modern construction and finishes at a price that reflects market realities rather than seasonal peak demand. The waterfront amenities and golf course proximity in Lakeway make this particularly appealing for Austin buyers seeking lifestyle upgrades without the typical premium pricing of direct lakefront properties.

Agent Description

Discover a harmonious blend of modern living and serene natural beauty. This move-in ready home offers an inviting open-concept layout, where elegant finishes and abundant natural light create an atmosphere of warmth and sophistication. The kitchen seamlessly connects with the living area, boasting whisper-quiet, self-closing cabinetry and a bright, clean feel enhanced by light luxury vinyl plank flooring throughout. A versatile floor plan includes a convenient bedroom on the main level, perfect for guests or a dedicated home office, while two spacious bedrooms reside upstairs. The primary suite provides a peaceful sanctuary with private access to a wood deck terrace overlooking tranquil green space, complemented by a spa-inspired primary bath featuring dual vanities, an oversized walk-in shower, and high ceilings. Step outside to the covered rear porch, where mature trees provide privacy and the west-facing orientation bathes the home in warm afternoon light, ideal for relaxing sunsets. Deer and local wildlife are frequent visitors, adding to the peaceful, nature-filled setting. Residents of this community enjoy access to a wealth of amenities, including golf, parks, and lake access, embodying the unique lifestyle that makes Point Venture a true gem in the Lake Travis area. Located just minutes from Lake Travis Shores and near a golf course, this home is perfectly situated for an active yet relaxed lifestyle. This property also presents a fantastic opportunity for an investment or short-term rental in a quiet, welcoming community.

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 $199/sqft, this listing is priced 31% below the Lakeway median of $287/sqft.

Property Details

Listing data last updated: July 16, 2026

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