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Austin · Lakeland Hills Sec 02

$1,395,000 107 days on market

15903 ALLENWOOD Dr, Austin, TX 78734

  • 4bedrooms
  • 3bathrooms
  • 2,797sqft
  • 0.58acres
  • 2002year built

About this home

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
Single Family Residence
Levels
Two
Year built
2002
Lot size
0.58 acres
Subdivision
Lakeland Hills Sec 02
MLS #
ACT5858577

Inside

Bedrooms
4
Bathrooms
3
Living area
2,797 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Lake Travis
High school
Lake Travis
District
Lake Travis ISD

Costs

HOA
$250 / annually
Est. annual taxes
$8,043 (2025)

Listing

First listed
Apr 10, 2026
Days listed
107
Status
Active

Listed by Dara Allen, Christies Intl Real Estate Lone Star · [email protected] · MLS# ACT5858577 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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