Description
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.
Details
| MLS # | 5858577 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $250 |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 2002 |
| Days On Site | 143 |
| Listing Provided By | Christies Intl Real Estate Lone Star | Dara Allen |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,797 |
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 2 |
| Acreage | 0.58 |
| Water Front | Yes |
| Property View | See Remarks |
Interior
| Interior Features | Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Chandelier, Stone Counters, Double Vanity, Eat-in Kitchen, Interior Steps, Kitchen Island, Pantry, Primary Bedroom on Main, Smart Thermostat, Soaking Tub, Storage, Walk-In Closet(s) |
|---|---|
| Cooling | Central Air |
| Heating | Central, Fireplace(s) |
| Appliances | Dishwasher, Disposal, Gas Range, Microwave, Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Water Heater |
| Fireplace Features | Great Room, Wood Burning |
| Fireplaces Total | 1 |
| Window Features | Blinds, Drapes, Window Coverings, Window Treatments |
| Flooring | Stone, Tile, Wood |
Exterior
| Exterior Features | Boat Ramp, Exterior Steps, Garden, Rain Gutters, Lighting, Private Yard |
|---|---|
| Roof | Shingle |
| Foundation Details | Slab |
| Lot Features | Back Yard, Front Yard, Garden, Landscaped, Private, Sprinkler - Automatic, Trees-Large (Over 40 Ft) |
| Patio And Porch Features | Covered, Front Porch, Rear Porch, Screened |
| Fencing | Back Yard, Full, Privacy, Wood |
| Construction Materials | Stone |
| Security Features | Fire Alarm |
Parking
| Parking Features | Boat, Carport, Detached, Detached Carport, Garage, Guest, Storage, Workshop in Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Utilities | Electricity Connected, Propane, Water Connected |
|---|---|
| Sewer | Septic Tank |
Other
| List Aor | Austin Board Of Realtors |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78734 |
| Area | LS |
| Community Name | Lakeland Hills Sec 02 |
| School District | Lake Travis ISD |
| Elementary School | Lake Travis |
| High School | Lake Travis |
| Listing VS Median (in Lakeland Hills Sec 02) | |
Price: $1,295,000 low | high Med: $700,000 sqft: 2,797 low | high Med: 3,046 $ / sqft: $463 low | high Med: $230 On site: 143 low | high Med: 10 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 31, 2026 at 3:05:21 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78734 |
| Area | LS |
| Community Name | Lakeland Hills Sec 02 |
| School District | Lake Travis ISD |
| Elementary School | Lake Travis |
| High School | Lake Travis |
| Listing VS Median (in Lakeland Hills Sec 02) | |
Price: $1,295,000 low | high Med: $700,000 sqft: 2,797 low | high Med: 3,046 $ / sqft: $463 low | high Med: $230 On site: 143 low | high Med: 10 | |
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