**Luxury Waterfront Living on Lake Travis** Can you imagine waking up each morning to breathtaking panoramic lake views, or strolling down to your private dock for an evening cruise on Lake Travis? At 316 Lakefront Drive in Point Venture, that dream becomes your everyday reality. Set on ~1.4 acres, this rare waterfront retreat captures stunning sunsets and sweeping lake views from nearly every room and window. Designed for both effortless living and unforgettable entertaining, this move-in ready home blends luxury with comfort in every detail. Step inside to an open-concept layout filled with natural light, where the gourmet kitchen flows seamlessly into the dining and living areas. With 4 spacious bedrooms and 3.5 baths, there’s ample room for family and guests to relax in privacy and style. Expansive outdoor living spaces feature two covered balconies and decks, a built-in grill, and lush landscaping framed by mature oaks—perfect for enjoying the Texas sun with just the right amount of shade. A double-slip boat dock ensures effortless lake access, while a two-car garage and generous storage add everyday convenience. Furniture conveys, and a golf cart is negotiable, offering a true turnkey opportunity. Located in a vibrant community, you’ll enjoy amenities including pickleball courts, a sparkling pool, a lakefront park with boat launch, marina, gym, Captain Pete’s lakeside restaurant, and an 18-hole golf course. With short-term rentals permitted, this property is equally suited as a luxurious primary residence, second home, or income-producing investment. **Luxury, lifestyle, and Lake Travis—this is a must-see lakefront escape.**
Listed by Tracy Godfrey
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License #595956
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eXp Realty, LLC
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(512) 954-1300
Last updated December 13, 2025
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Source: ACTRIS #1221743
Listing Facts
TypeSingle-family
NeighborhoodPoint Venture
Bedrooms4
Bathrooms4
Days on Prevu78
HOA/Maint. Fees$140/month
Taxes$19,629.46/year
Size3,313 sqft
Price per sqft$449
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Air Conditioning
Parking
Swimming Pool
Fitness Center
Location
Mortgage Calculator
Listing History
11/23/2025
Price Decreased
$1,489,000
09/26/2025
Listed by eXp Realty, LLC
$1,539,000
Property Details for 316 Lakefront DR
Association
Amenities
Community Features: Common Grounds, Fitness Center, Golf, Lake, Park, Planned Social Activities, Pool, Restaurant, Sport Court(s)/Facility, Tennis Court(s)
Waterfront Features: Lake Front, Lake Privileges, Waterfront
Waterfront: Yes
Measurements
Lot Features: Back Yard, Landscaped, Near Golf Course, Trees-Large (Over 40 Ft), Views
Lot Size Acres: 1.40
Lot Size Area: 1
Lot Size Square Feet: 60,984
Financial
Taxes
Parcel Number: 01508302300000
Tax Annual Amount: $19,629.46
Tax Year: 2025
Interior
Features
Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Water Purifier Owned
Fireplace Features: Gas, Living Room
Fireplaces Total: 1
Flooring: Carpet, Tile, Wood
Interior Features: Bookcases, High Ceilings, Tray Ceiling(s), Central Vacuum, Chandelier, Stone Counters, Crown Molding, Double Vanity, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Primary Bedroom On Main, Recessed Lighting, Walk-In Closet(s)
Measurements
Living Area: 3,313
Living Area Source: Public Records
Rooms
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms Total Integer: 4
Bedrooms Total: 4
Main Level Bedrooms: 2
Other
Features
Accessibility Features: See Remarks
Location
Subdivision Name: Point Venture Sec 04
Tax Lot: 865A
Water Body Name: Lake Travis
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Attached, Garage
Parking Total: 6
Schools
Elementary School
Elementary School: Lago Vista
Elementary School District: Lago Vista ISD
High School
High School: Lago Vista
High School District: Lago Vista ISD
Middle or Junior School
Middle Or Junior School: Lago Vista
Middle Or Junior School District: Lago Vista ISD
Utilities
Equipment
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Electricity Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 4 bedrooms and 4 bathrooms in this single-family home at 316 Lakefront DR.
What schools are nearby to 316 Lakefront DR?
Nearby schools include the Lago Vista Elementary School, Lago Vista Middle School, and Lago Vista High School.
Does this single-family home have parking?
Yes, there are 2 parking spaces available for 316 Lakefront DR.
What are the annual taxes for 316 Lakefront DR?
Annual taxes for this single-family home are estimated at $19,629.
How does 316 Lakefront DR compare to other single-family homes in Point Venture?
This single-family home is listed 175% above the average price for single-family homes in Point Venture and has been on the market for 29 less days than the typical home in this area.
What building or home owners association is the single-family home part of?
This single-family home is part of the Point Venture POA home owners association.
What is the square footage on this single-family home?
According to the MLS, this listing is 3,313 sqft.
316 Lakefront DR is a 4-bedroom, 4-bath single-family home for sale in Point Venture TX 78645. On Prevu for 78 days at $1,489,000. This includes a recent price decrease of $50,000. This residence features 3,313 square feet of living space, located in Point Venture. The median listing price for single-family homes in this area is $450,000. Nearby schools include Lago Vista Elementary School, Lago Vista Middle School, and Lago Vista High School. Additional amenities include private outdoor space, dishwasher, air conditioning, fitness center, parking, swimming pool, and washer/dryer. View other single-family home listings in Texas.
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
