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15104/15102 Rainbow One ST
Austin, TX, 78734
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$1,500,000
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Nestled in nature, this charming waterfront cottage welcomes you home! A rare opportunity awaits you on Lake Travis with an unspeakable 18+/- acres that extends to the deepest part of the river channel! You'll always have waterfront property, no matter the fluctuation of the lake. The cottage has been fully remodeled and will delight the senses as soon as you step inside, with cascading light that encompasses every room! Enjoy serene views of the lake, and know that you own a slice of Texas Heaven! Located in Travis Landing, this cozy one-bedroom, one bathroom was initially built in the 1960s but has since been reimagined with new plumbing, windows, electrical, flooring, AC, Kitchen remodel, insulation, exterior siding, water heater and cosmetic features. It truly is an escape from the hustle and bustle of city life! The cottage sits perched high on the hilltop, with sweeping views of the Texas Hill Country's natural landscape and Lake Travis's serene views. The land features numerous large oak trees that offer privacy up and down the boundary lines. Deed restrictions will only allow for a one-story to be built, but this property is not builder restricted, a rarity in today's market! You are also not subject to a timeframe to construct a new residence, a huge perk to allow for your imagination to soar with your new property! The neighborhood amenities include a gated waterfront park, boat/kayak storage, and more for all residences. A boat dock is permitted per LCRA rules at www.lcra.gov. The property is located in the highly acclaimed LTISD, with schools being Lake Travis Elementary/Hudson Bend Middle School/Lake Travis High School. Come see the magic that Rainbow One has to offer!
Property Type
Residential
Year Built
1965
Lot Size
18.06 acres
$/Sq Ft
$1,786
HOA
$314/mo
Garage
4 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
15104/15102 Rainbow One ST is listed at $1,500,000 with 1 bedrooms, 1 full bathrooms, 840 square feet, 18.06-acre lot. This places it above the 78734 median of $650,000.
15104/15102 Rainbow One ST is zoned for Lake Travis ISD with assigned schools: Lake Travis (8/10) (elementary), Hudson Bend (7/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
15104/15102 Rainbow One ST is a Residential built in 1965 featuring 1 bedrooms, 1 full bathrooms, 840 square feet, 18.06-acre lot.
15104/15102 Rainbow One ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 15104/15102 Rainbow One ST is $20,503. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+11.6% | — | $766,157 | $535,500 | $230,657 |
2024+0.0% | — | $686,488 | $535,500 | $135,663 |
2023+13.4% | — | $686,488 | $535,500 | $150,988 |
2022+15.5% | — | $605,114 | $535,500 | $150,988 |
2021 | — | $523,719 | $535,500 | $69,614 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($300K)
$1,500,000
Luxury property intelligence
A sourced read on Travis Landing pricing, timing, and property scale. No automated valuation claim.
List price
$1,500,000
Price per sqft
$1,786/sqft
Vs. Travis Landing median
Not available
Days on market
1,458 days
Original to current
No verified reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($300,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 15104/15102 Rainbow One ST is around $9,492 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,500,000, 15104/15102 Rainbow One ST is in the Travis Landing market where there are currently 192 active listings in 78734. The Keenan Group has completed 16 transactions in 78734 as part of 1,000+ career sales totaling $1B+ across Austin.
15104/15102 Rainbow One ST was built in 1965 (61 years ago). Buyers should budget for potential updates to major systems.
15104/15102 Rainbow One ST includes verified waterfront access: Lake Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
15104/15102 Rainbow One ST is part of a managed community with HOA dues of $314 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$1,500,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+11.6% | — | $766,157 | $535,500 | $230,657 |
2024+0.0% | — | $686,488 | $535,500 | $135,663 |
2023+13.4% | — | $686,488 | $535,500 | $150,988 |
2022+15.5% | — | $605,114 | $535,500 | $150,988 |
2021 | — | $523,719 | $535,500 | $69,614 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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