Discover Point Venture: A Lakeside Resort Community Near Austin


By: Laurie E. Jasinski

Published: September 11, 2007

Point Venture is a resort community located on Lake Travis about eighteen miles northwest of Austin in western Travis County. This lakeside development began in early 1969 when Houston oil man and developer Joel M. Cummings, along with developer W. C. "Bill" Canfield, bought a large tract of land situated on a peninsula known as "the Point" on Lake Travis. The men soon brought in two more partners, W. S. "Woody" Gaylord, Jr. and Lawrence Clayton Smith, and the group named their project Point Venture. Construction progressed with the building of roadways, recreation facilities, a clubhouse, and town homes. Additional amenities included a yacht club and the operation of the only lake ferry in Texas. Point Venture incorporated as the Village of Point Venture in the late 1990s and implemented a mayor and council form of government. By 2000 the population was 451.

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Vertical files, Austin History Center, Austin

Places:

The following, adapted from the Chicago Manual of Style, 15th edition, is the preferred citation for this entry.

Laurie E. Jasinski, “Point Venture, TX,” Handbook of Texas Online, accessed March 09, 2026, https://www.tshaonline.org/handbook/entries/point-venture-tx.

Published by the Texas State Historical Association.

TID: HLP69

September 11, 2007

Find out more about this place from our Texas Almanac.

Place
Point Venture
Currently Exists
Yes
Place Type
Town
USGS ID
2413579
Town Fields
  • Has post office: No
  • Is Incorporated: Yes
Belongs to
  • Travis County
Coordinates
  • Latitude: 30.38166250°
  • Longitude: -98.00104500°
Population Counts
People Year
800 2010
985 2019
1,260 2020
1,267 2021

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