15104-15102 Rainbow 1 Street

Austin, TX 78734

$1,500,000
Last List Price
1
Beds
1
Bath
840 Sq. Ft.
$1,786 / Sq. Ft.
840
Sq. Ft.
$1,786
per Sq. Ft.

Description

Nestled in nature, this charming waterfront cottage welcomes you home! A rare opportunity awaits you on Lake Travis with an unspeakable 18+/- acres that extends to the deepest part of the river channel! You'll always have waterfront property, no matter the fluctuation of the lake. The cottage has been fully remodeled and will delight the senses as soon as you step inside, with cascading light that encompasses every room! Enjoy serene views of the lake, and know that you own a slice of Texas Heaven!...Nestled in nature, this charming waterfront cottage welcomes you home! A rare opportunity awaits you on Lake Travis with an unspeakable 18+/- acres that extends to the deepest part of the river channel! You'll always have waterfront property, no matter the fluctuation of the lake. The cottage has been fully remodeled and will delight the senses as soon as you step inside, with cascading light that encompasses every room! Enjoy serene views of the lake, and know that you own a slice of Texas Heaven! Located in Travis Landing, this cozy one-bedroom, one bathroom was initially built in the 1960s but has since been reimagined with new plumbing, windows, electrical, flooring, AC, Kitchen remodel, insulation, exterior siding, water heater and cosmetic features. It truly is an escape from the hustle and bustle of city life! The cottage sits perched high on the hilltop, with sweeping views of the Texas Hill Country's natural landscape and Lake Travis's serene views. The land features numerous large oak trees that offer privacy up and down the boundary lines. Deed restrictions will only allow for a one-story to be built, but this property is not builder restricted, a rarity in today's market! You are also not subject to a timeframe to construct a new residence, a huge perk to allow for your imagination to soar with your new property! The neighborhood amenities include a gated waterfront park, boat/kayak storage, and more for all residences. A boat dock is permitted per LCRA rules at www.lcra.gov. The property is located in the highly acclaimed LTISD, with schools being Lake Travis Elementary/Hudson Bend Middle School/Lake Travis High School. Come see the magic that Rainbow One has to offer!

Property Details for 15104-15102 Rainbow 1 Street

Subdivision Name
Travis Landing
Waterfront
Yes
Waterfront Description
Lake Front, Waterfront
Water Access Description
Lake Front, Waterfront
View
Lake, Panoramic
View YN
Yes
Parcel Number
01585502560000
Tax Lot
15, 16

Location

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LISTING UPDATED: 08/18/2022 10:53 AM

Property Details for 15104-15102 Rainbow 1 Street

StatusClosed
MLS #7900150
Days on Market7
Taxes$20,503 / year
HOA Fees$314 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1965
Lot Size18.06 AC / 786,693 SF
CountyTravis County

Location

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Building Information for 15104-15102 Rainbow 1 Street

Stories1Year Built1965Building Size-Lot Size18.06 AC / 786,693 SF

Payment Calculator

$9,921 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,709

HOA Dues

$26

The Payment Calculator is for illustrative purposes only.

Property Information for 15104-15102 Rainbow 1 Street

General Information
Parking
  • Garage Spaces: 0
  • Parking Total: 4
  • Parking Features: Driveway, Parking Pad, Private
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Laminate Counters, Main Level Master, Recessed Lighting, Walk-In Closet(s)
  • Flooring: Tile, Vinyl
Exterior
  • New Construction: No
  • Construction Materials: Block, Concrete
  • Foundation Details: Combination, Pillar/Post/Pier, Slab
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Water Body Name: Lake Travis
  • Roof: Composition
  • Fencing: None
  • Direction Faces: Southwest
  • Window Features: Shutters, Tinted Windows
  • Accessibility Features: None
  • Community Features: Common Grounds/Area, Fishing, Lake, Park
Property Information
Lot Information
  • Lot Features: Bluff, Back Yard, Sloped Down, Front Yard, Trees Large Size, Trees Medium Size, Views
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Ductless, Electric
  • Heating YN: Yes
  • Heating: Ductless, Electric
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Phone Available, Underground Utilities, Water Connected
  • Water Source: Municipal Utility District
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Breakfast Bar, Tile Counters
Room 2
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: Solid Surface Counters, Separate Shower
Room 3
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: Ceiling Fan(s)
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Travis Landing POA
  • Association Fee Includes: Common Areas
  • Tax Assessed Value: $1,104,114
  • Additional Parcels: Yes
  • Additional Parcels Description: Lot 16 BLK I Travis Landing
  • Tax Year: 2021
  • Tax Rate: 1.86%
Showing Information
Showing Information
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Directions: FM 620 to Hudson Bend Road. Left on Hudson Bend Road to Beacon. Right on Beacon to Travis Landing Subdivision. Right on Longhorn Landing to Rock Creek. Left on Rock Creek to Rainbow One. Left on Rainbow One - house will be down on Left.

Property History for 15104-15102 Rainbow 1 Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 15104-15102 Rainbow 1 Street

This home is within Lake Travis Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lake Travis Elementary School
PublicPK to 5

Hudson Bend Middle School
Public6 to 8

Lake Travis High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass RE Texas, LLC, Ryan Rogers, TREC #0568022

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.