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15208 Rainbow One ST
Austin, TX, 78734
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This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
$6,900,000
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Spectacular Lake Travis Gated Retreat. This unique waterfront estate is arranged on an impressive 3-acres with over 470’ of Lake Travis shoreline. The beautifully manicured heritage trees and lush grassy knolls are fully enclosed with a privacy fence. Expect excellence at every turn when you walk into the main level of this one-of-a-kind extraordinary property that has been completely renovated for a casual modern lifestyle. The open floorplan boasts panoramic lake views, vaulted wood-beamed ceilings, and wall-to-wall windows. The gourmet kitchen is designed for entertaining with all new cabinets and granite countertops. Thermador appliances include 2 built-in refrigerators, 5 burner cooktop, double ovens, and more. The oversized island has a veggie sink, appliance lift, and counter seating. Butler’s pantry is also a serving room. Entertaining is a delight in the well-appointed dining area set alongside a stately stone fireplace adjoining the exclusive bar with counter seating and sonic-style ice maker! The main level features a wrap-around balcony, lake views, views, views, the morning sunrise, and sensational outdoor living. The main level includes 2 master suites, 2 bedrooms, 4 bathrooms, a study with built-ins, and laundry room. Wine storage cellar. Elevator. Mechanical room, custom security system, and outdoor lighting to ensure privacy. The first level features an exclusive area for guests and family to gather with a full kitchen, walk-in pantry, family room, and access to the resort-style pool & spa. The first level includes 2 bedrooms, one with custom built-in bunk beds, 2 bathrooms, laundry room, full gym/exercise room. This property offers a waterfront stone deck fire pit area, private boat launch for guests, a covered boat dock that fits a pontoon or ski boat, an entertaining deck, and a secure storage area. Lake-side dining and gas station are just across the bay. This property is a Lake Travis jewel for living, entertaining, and working from home.
Property Type
Residential
Year Built
1997
Lot Size
3.03 acres
$/Sq Ft
$845
HOA
$375/year
Garage
4 spaces
Pool
Yes
Listed by Realty Austin
Verified property facts
15208 Rainbow One ST is listed at $6,900,000 with 6 bedrooms, 6 full bathrooms, 8,162 square feet, 3.03-acre lot. This places it above the ZIP 78734 single-family closed-sale median price of $640,000 (ZIP 78734 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
15208 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.
15208 Rainbow One ST is a Residential built in 1997 featuring 6 bedrooms, 6 full bathrooms, 8,162 square feet, 3.03-acre lot.
15208 Rainbow One ST is listed by Realty Austin. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 3, 2026.
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Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
1 record on file
Every recorded listing, sale, and lease at 15208 Rainbow One ST, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 |
|---|---|---|---|---|
2025-10.0% | — | $4,105,477 | — | — |
2024-16.5% | — | $4,561,641 | $1,573,200 | $2,532,277 |
2023+78.5% | — | $5,466,210 | $1,573,200 | $2,988,441 |
2022+27.9% | — | $3,061,800 | $1,573,200 | $3,893,010 |
2021 | — | $2,394,555 | $1,573,200 | $1,488,600 |
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% ($1.4M)
Adjustable assumption - not a lending recommendation.
$6,900,000
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List price
$6,900,000
Price per sqft
$845/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$6.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 15208 Rainbow One ST is $38,000. 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.
This page does not assume a mortgage rate or publish a monthly payment for 15208 Rainbow One ST. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 3, 2026, 15208 Rainbow One ST is offered at $6,900,000. The current MLS snapshot shows 174 active listings in 78734. Keenan Group has completed 16 verified transactions in 78734 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing marks 15208 Rainbow One ST as waterfront. The reported waterfront feature is Lake Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $375 annual for 15208 Rainbow One ST. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
10 events on record
Current Price
$6,900,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-10.0% | — | $4,105,477 | — | — |
2024-16.5% | — | $4,561,641 | $1,573,200 | $2,532,277 |
2023+78.5% | — | $5,466,210 | $1,573,200 | $2,988,441 |
2022+27.9% | — | $3,061,800 | $1,573,200 | $3,893,010 |
2021 | — | $2,394,555 | $1,573,200 | $1,488,600 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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