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15208 Rainbow One ST
Austin, TX, 78734
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$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/mo
Garage
10 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 78734 median of $652,155.
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 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 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.
#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
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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)
$6,900,000
Luxury property intelligence
A sourced read on Travis Landing pricing, timing, and property scale. No automated valuation claim.
List price
$6,900,000
Price per sqft
$845/sqft
Vs. Travis Landing median
Not available
Days on market
1,731 days
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.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($1,380,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 15208 Rainbow One ST is around $38,969 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $6,900,000, 15208 Rainbow One ST is in the Travis Landing market where there are currently 194 active listings in 78734. The Keenan Group has completed 16 transactions in 78734 as part of 1,000+ career sales totaling $1B+ across Austin.
15208 Rainbow One ST includes verified waterfront access: Lake Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
15208 Rainbow One ST sits on a 3.03-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
15208 Rainbow One ST is part of a managed community with HOA dues of $375 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.
10 events on record
Current Price
$6,750,000
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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