
4 bed, 3 bath, 2,797 sqft on 0.58 acres in Austin. Austin, TX 78734. $1,295,000. Lake Travis ISD.
Allenwood Contemporary Retreat offers the rare opportunity to own a luxury Lake Travis retreat that is equally suited as a full-time residence, weekend getaway, or **high-performing short-term rental investment**. With no deed restrictions, a detached guest room, deeded access to a private Lake Travis boat ramp, and the renowned Austin Yacht Club just a short stroll away, this property is perfectly positioned to capitalize on the area's year-round demand for vacation rentals.
Beautifully landscaped, the contemporary residence features Acacia wood flooring, designer finishes, Minka-Aire ceiling fans, and a chef's kitchen appointed with marble countertops, Brizo fixtures, and premium Thermador appliances. The main home offers 3 bedrooms, 2 baths, and a versatile loft ideal for a home office or additional living space. Multiple decks, a screened porch, and a tranquil koi pond create inviting spaces for entertaining and relaxing.
The detached guest room serves as the 4th bedroom and 3rd bath, offering exceptional flexibility for guests, extended family, or additional rental accommodations. Whether your guests spend the day boating on Lake Travis, sailing from the Austin Yacht Club, or enjoying the nearby Hill Country attractions, they'll appreciate returning to this private retreat.
With furnishings available for purchase, Allenwood presents a truly turnkey opportunity to enjoy the Lake Travis lifestyle while maximizing income potential through short-term rentals.
This Lake Travis residence at 15903 Allenwood Drive sits on half an acre in Lakeland Hills, deliberately positioned away from the visual and auditory rhythm of everyday Austin life. The property's privacy stems not from gates or walls, but from thoughtful placement within mature landscaping, where 40-foot oaks and natural vegetation create genuine separation from neighbors while maintaining water views that justify the location.
The home itself presents stone exterior construction with a straightforward layout: four bedrooms across 2,797 square feet, priced at $499 per square foot. The primary bedroom anchors the main level alongside two additional bedrooms, reducing the need to navigate stairs during daily life. The fourth bedroom functions as a detached unit with independent access, useful for guests, visiting family, or rental income. This separation matters for those seeking genuine privacy from household activity.
Interior finishes reflect disciplined choices rather than trend-chasing. Stone counters in the kitchen, wood and tile flooring throughout, and a gas range paired with Thermador appliances support actual cooking rather than display. Built-in features and a walk-in pantry handle the logistics of daily living without advertisement. The soaking tub and double vanity in the primary bath suggest understanding of how quiet mornings matter more than marble statements.
The outdoor environment justifies the Lake Travis address. Multiple deck spaces, a screened porch, and a koi pond create layers of retreat. The deeded boat ramp provides direct lake access without marina intermediaries, meaningful for those who plan to use water views as actual recreation rather than visual amenities. The Austin Yacht Club sits within walking distance along Allenwood Drive.
Location places this home in Lake Travis ISD, with elementary, middle, and high school campuses serving the West Lake Hills area. The commute to downtown Austin runs approximately 25 minutes via Bee Cave Road and Loop 360. Dell, Apple, and Tesla facilities in far northwest Austin sit closer, typically 15-20 minutes depending on traffic patterns.
At 3 days on market, this property reflects the reality that thoughtful Lake Travis homes with genuine water access and privacy attract serious buyers quickly. The combination of practical layout, mature landscaping, and functional outdoor space appeals to buyers who understand that the best properties age well because they solve actual living problems rather than chasing aesthetic fashions.
Verified property facts
15903 Allenwood Dr is listed at $1,295,000 with 4 bedrooms, 3 full bathrooms, 2,797 square feet, 0.58-acre lot. This places it above the ZIP 78734 single-family closed-sale median price of $641,250 (ZIP 78734 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
15903 Allenwood Dr 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.
15903 Allenwood Dr is a Residential built in 2002 featuring 4 bedrooms, 3 full bathrooms, 2,797 square feet, 0.58-acre lot.
15903 Allenwood Dr is listed by Christies Intl Real Estate Lone Star. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
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4 records on file
Every recorded listing, sale, and lease at 15903 ALLENWOOD DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending 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 |
|---|---|---|---|---|
2025-40.9% | — | $700,693 | — | — |
2024-1.1% | — | $1,185,765 | $200,000 | $655,298 |
2023 | — | $1,199,292 | $112,712 | $1,073,053 |
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% ($259K)
Adjustable assumption - not a lending recommendation.
$1,295,000
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List price
$1,295,000
Price per sqft
$463/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
174 days
Original to current
$100K reduction
$1.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 15903 Allenwood Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 15903 Allenwood Dr is offered at $1,295,000. The current MLS snapshot shows 181 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.
The MLS listing reports HOA or association dues of $250 annual for 15903 Allenwood Dr. 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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
13 events on record
Current Price
$1,295,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-40.9% | — | $700,693 | — | — |
2024-1.1% | — | $1,185,765 | $200,000 | $655,298 |
2023 | — | $1,199,292 | $112,712 | $1,073,053 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
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| 813 Sunfish St | $800K |
| 917 Biscayne | $1.29M |
| 208 Barbuda Dr | $1.82M |
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