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.
Back Yard, Front Yard, Garden, Landscaped, Private, Sprinklers Automatic, Trees Large Size
Roof
Shingle
Construction
Stone
Foundation
Slab
School Information
District
Lake Travis ISD
Elementary
Lake Travis
Middle
Hudson Bend
High
Lake Travis
Additional Information On 15903 Allenwood Dr
Days on Market
160
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
250
HOA Fees Freq.
Annually
Gated Community
No
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $1,395,000 to $1,295,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Christies Intl Real Estate Lone Star(512) 270-8586. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 10:02am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
