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This property has sold on August 17, 2022. Looking for something similar? Contact us or browse available homes.

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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
Listed by Compass RE Texas, LLC
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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Listing timeline with current price, original ask, and market time.

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
1,423 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 Mar 26, 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 $10,533 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 190 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.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$1,500,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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