17011 E Darleen Dr, Leander, TX 78641

Unrestricted Lake Travis waterfront estate with private dock, panoramic water views, and exceptional short-term rental potential. Located on nearly 2 acres of premier Lake Travis shoreline, this rare property offers direct lake access with no restrictive HOA limitations, making it an outstanding opportunity for Airbnb, VRBO, luxury vacation rental income, or a private waterfront compound. Designed for both luxury living and investment flexibility, the estate functions beautifully as a primary residence, corporate retreat, multi-generational family compound, or high-performing income property in the Lake Travis short-term rental market. The 7,813-square-foot waterfront compound includes three separate structures: a 5,882 sq ft main residence, a 1,259 sq ft two-bedroom guest house, and a dedicated private gym, all set on a stunning 1.98-acre multi-tiered hillside property with sweeping Lake Travis views. The main residence features four ensuite bedrooms, a fifth flexible room, private elevator, theatre room, and a dramatic great room with floor-to-ceiling windows framing the lake, along with a chef’s kitchen equipped with Thermador appliances and custom cabinetry designed for entertaining. Outdoor amenities rival a private resort with a glass-view resort-style pool, firepit lounge, expansive terraces, steam sauna, and a private hillside tram leading directly to the exclusive dock and Lake Travis shoreline. The property is fully automated with Control4 smart home technology and offered fully furnished, creating a turn-key luxury lakefront estate ready for immediate enjoyment or short-term rental operation. With unrestricted use, private dock access, expansive acreage, and strong demand for Lake Travis vacation rentals, this exceptional waterfront estate offers rare lifestyle appeal combined with powerful long-term investment potential.

The standout fact at 17011 E Darleen Dr is simple: nearly 2 acres of unrestricted Lake Travis waterfront with a private dock, panoramic water views, and 7,813 square feet across a main house, guest house, and dedicated gym. In Leander, this Leander single family residence sits on 1.9661 acres in Travis County and delivers a setup that is hard to duplicate at any price point, let alone $3.43 million, or $439 per square foot.

What is it like to live at 17011 E Darleen Dr in Leander, TX 78641? It feels private, flexible, and built for long stretches of time at home. The 2018 residence includes 7 bedrooms, 7 full baths, 2 half baths, a 4-car garage, and direct waterfront access. The main living spaces are oriented to the lake, with large windows pulling in water views and natural light. A private elevator, theater room, chef’s kitchen with Thermador appliances, two fireplaces, and Control4 automation make the house work as a full-time residence, a multigenerational compound, or a second home that can handle frequent guests without strain.

The outdoor setup is where this property separates itself from many Lake Travis listings. There is a resort-style pool with a glass viewing panel, broad terraces, a firepit lounge, a steam sauna, and a hillside tram that runs down to the dock and shoreline. That matters on a sloped waterfront lot because it turns lake access into something practical, not theoretical. For buyers focused on use as much as ownership, the unrestricted nature of the property adds another layer of flexibility.

Location also works in its favor. Trails End Road gives you a direct route back to RM 1431, the main east-west spine connecting this stretch of Lake Travis to Cedar Park and the rest of the Austin area. Lake Travis is the headline amenity, but the daily pattern here also ties into Cedar Park retail, dining, and services without giving up the sense of separation people want on the water. For schools, the home is zoned to Leander ISD, with CC Mason, Running Brushy, and Cedar Park High School serving the address.

For a waterfront buyer, the value here is not just the lake frontage. It is the combination of year built, acreage, private dock access, multiple structures, and a layout that supports both lifestyle and long-term upside in a part of the Lake Travis market where truly usable waterfront remains scarce.