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Keenan Group#1 Austin Board of Realtors Team 2024
15308 Rainbow Two ST, photo 1 of 27, Austin, Austin, TX
Active

$185,000

0.24 acresLot

15308 Rainbow Two St, Austin, TX 78734

Reduced 7%$199,000
Austin·MLS# 6434147·189 days on market

— bed, — bath on 0.24 acres in Austin. Austin, TX 78734. $185,000. Lake Travis ISD.

About This Home

Tucked away on a quiet street with just 10 homes, this beautiful quarter-acre lot offers the perfect blend of privacy and natural charm. Shaded by mature Spanish and Live Oak trees, the property features a flat, easy-to-build site ideal for your future home. Located toward the back of the subdivision, it provides a peaceful setting while still being conveniently close to everyday amenities. Enjoy a short walk to the neighborhood’s exclusive 35± acre HOA park at 6000 Longhorn Landing. This private, gated park—reserved for residents and their guests—offers an impressive array of features including deep water boat ramps, a boat storage area, hike and bike trails, picnic areas, grills, and a playground. The park stretches along the scenic Colorado River and showcases breathtaking views of Lake Travis, with walking paths winding beneath towering oak trees. Travis Landing is a small, thoughtfully designed community that blends natural beauty, wildlife habitat, and the convenience of urban living. With close proximity to shopping, dining, and highly regarded LTISD schools, this lot presents a rare opportunity to build in a serene yet well-connected neighborhood.

Property Type
Land
Lot Size
0.24 acres
HOA
$166.38/year

Listing information last updated September 18, 2026.

Listed by Keller Williams - Lake Travis

MLS# 6434147 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 0.24-acre lot
Boat Ramp
Trees-Medium (20 Ft - 40 Ft)
Trees-Moderate
Enjoy a short walk to the neighborhood’s exclusive 35± acre HOA park at 6000 Longhorn Landing

Facts & Features

Exterior & Lot

Features

  • Boat Ramp

Lot Features

  • Trees-Medium (20 Ft - 40 Ft)
  • Trees-Moderate
Lot Size
0.24 Acres
Financial
HOA Fee
$166 / year
Original List Price
$199,000
Utilities
  • Electricity Available
Water Source
MUD
Sewer
Septic Needed

Transaction History

1 record on file

Every recorded listing, sale, and lease at 15308 Rainbow Two ST, whoever represented it.

  1. ActiveListed 2026
    Current price: $185,000Original list: $199,000MLS 6434147
    1. Listed · April 18, 2026$199,000
    2. Price changed · September 18, 2026$185,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$185,000
Original list
$199,000
Price movement
$14K reduction
Listed / DOM
Apr 18, 2026 · 189 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$202,975
Assessment Year
2025
Parcel ID
000000156846
$203K
$85K
$85,000
2021
$202,975
+138.8% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+138.8%
—$202,975——
2021
—$85,000$85,000—
5-Year Change138.8%
Map showing 15308 Rainbow Two ST
15308 Rainbow Two ST
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Zoned Schools & District Context

Lake Travis ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$1,017
HOA dues
$14

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-17T16:07:34.453+00:00; normalized from annual dues.

20% ($37K)

Adjustable assumption - not a lending recommendation.

$185,000

Loan: $148K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$185,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

189 days

Original to current

$14K reduction

$199K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.

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Verified property facts

Frequently Asked Questions

What school district is 15308 Rainbow Two St in?

15308 Rainbow Two St is zoned for Lake Travis ISD with assigned schools: Lake Travis (elementary), Hudson Bend (middle), Lake Travis (high). School assignments should be verified directly with the district.

What are the property taxes for 15308 Rainbow Two St?

The most recent annual property tax for 15308 Rainbow Two St is $3,410. 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.

How should a buyer estimate the monthly payment for 15308 Rainbow Two St?

This page does not assume a mortgage rate or publish a monthly payment for 15308 Rainbow Two St. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 15308 Rainbow Two St compare with other homes in Austin?

As of Oct 17, 2026, 15308 Rainbow Two St is offered at $185,000. The current MLS snapshot shows 176 active listings in 78734. Keenan Group has completed 23 verified transactions in 78734 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the community structure at 15308 Rainbow Two St?

The MLS listing reports HOA or association dues of $166 annual for 15308 Rainbow Two 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.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/17/2026, 11:07:34 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/17/2026, 11:07:34 AM

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