
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 apartment, 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.
Set on 0.58± beautifully landscaped acres, 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 garage apartment 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.
Property Type
Residential
Year Built
2002
Lot Size
0.58 acres
$/Sq Ft
$463
HOA
$250/mo
Garage
2 spaces
Listed by Christies Intl Real Estate Lone Star
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 78734 median of $650,000.
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 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.
With 20% down ($259,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 15903 Allenwood Dr is around $9,094 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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
Price Change 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)
$1,295,000
Luxury property intelligence
A sourced read on Lakeland Hills Sec 02 pricing, timing, and property scale. No automated valuation claim.
List price
$1,295,000
Price per sqft
$463/sqft
Vs. Lakeland Hills Sec 02 median
Not available
Days on market
113 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 Aug 1, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $1,295,000, 15903 Allenwood Dr is in the Lakeland Hills Sec 02 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.
15903 Allenwood Dr includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
15903 Allenwood Dr is part of a managed community with HOA dues of $250 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.
11 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.
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