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The phrase "this point is correct" is correct and usable in written English.
You can use it when affirming the accuracy of a specific statement or argument in a discussion or analysis. Example: "After reviewing the evidence, I can confidently say that this point is correct and should be included in our final report."
Exact(2)
This point is correct.
This point is correct and well taken.
Similar(58)
Now this point is corrected.
But the underlying point is correct.
I think Carr's first point is correct.
One of the most important disputes about judicial elections is whether O'Connor's point is correct.
"I do think the concept of a tipping point is correct," Secretary of Defense Donald H. Rumsfeld said on Monday.
… Seriously, Paul's point is correct, but it is an issue of perception of people versus the reality of his chart.
I do think the concept of a tipping point is correct, and at some point, the aggregation of all of those individual tipping points having been reached, it will be in effect the country will have tipped.
Asked whether the 10-year plan was aspirational and uncosted, as Labor suggested, he said: "Neither of those points is correct.
Update: Yep, that shipping window and price point is correct.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com