40
Map
15210 Rainbow One ST
About This Property
Positioned on over three private acres with more than 400 feet of shoreline along Lake Travis' main sailing basin, this gated estate represents a rare combination of scale, usable waterfront, and long-term value-an increasingly scarce offering on the lake.
Expansive windows frame panoramic lake and Hill Country views, filling the home with natural light. Open-concept living and dining spaces extend seamlessly to covered terraces, creating a true indoor-outdoor lifestyle designed for both everyday living and elevated entertaining. Soaring ceilings, a stone fireplace, and refined finishes anchor the main living areas.
The chef's kitchen is equipped with Thermador appliances, custom cabinetry, and a large central island, opening directly to the living spaces and outdoor areas.
Two main-level primary suites offer private retreats with lake views and spa-inspired baths. An elevator connects to a lower level featuring guest quarters with private entry, a fitness space, and a five-car garage-ideal for extended stays or multi-generational living.
The grounds offer a true Lake Travis compound experience, with mature Live Oaks, rolling lawns, resort-style pool and spa, sand volleyball court, multiple firepits, and a private boat dock with deep-water access.
Located in Travis Landing, residents also enjoy access to a 35+ acre waterfront park with private boat ramp.
A rare opportunity to own a premier waterfront estate combining privacy, scale, and lifestyle in one of Lake Travis' most desirable settings.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$6,500,000
↓ $250K
(3.7%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Compass RE Texas, LLC | $6,750,000 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 25, 2025 | No longer available | - | |
| No longer available | |||
| Jul 28, 2025 | Relisted | $7,000,000 | |
| Relisted | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017