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Buildable Residential Lot in Gated Community
For Sale
$199,000

15308 Rainbow Two St, Austin, TX 78734

Flat, shaded lot in a small subdivision with proximity to a resident-only HOA river park and trails.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market118

Property Features for 15308 Rainbow Two St

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $3,409
Listing Agency: Keller Williams - Lake Travis
Listed By: Mary Lynne Gibbs · License #0502033
Source: Exprealty
Added: Apr 18 Changed: Aug 8 Last Checked: Aug 8 at 7:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams - Lake Travis

Investment Insights

Based on property information with market context.

This buildable residential lot offers a flat, easy-to-develop home site, measuring approximately a quarter-acre. It is set on a quiet street within a subdivision of just 10 homes, tucked toward the back for added privacy. Mature Spanish and Live Oak trees provide established shade and natural character across the property.

The lot’s setting is complemented by close access to the neighborhood’s residents-only HOA park. A short walk leads to a private, gated park of approximately 35± acres at 6000 Longhorn Landing, reserved for residents and their guests. The park features deep water boat ramps, a boat storage area, hike-and-bike trails, picnic areas, grills, and a playground. Along the Colorado River, the park includes walking paths under towering oak trees and views of Lake Travis.

For builders and future homeowners seeking a quiet, nature-forward community, the combination of an uncomplicated flat lot and direct access to shared outdoor amenities can simplify the planning process. With a small number of homes in the subdivision and a dedicated resident park with water and trail features, this site is well-suited for someone looking to build in a private, amenity-rich neighborhood.

Key Highlights

  • Approximately quarter‑acre flat lot with mature Spanish oak and live oak shade, designed to be easy to build on
  • Located toward the back of a subdivision with only 10 homes on a quiet street
  • Short walk to the neighborhood’s 35± acre resident‑only HOA park at 6000 Longhorn Landing

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Plumbing Service Pharmacy Kitchen & Bath Showroom Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 78734, TX

22,963
Population
10,885
Households
2.1
Avg Household Size
47
Median Age
59%
College-Educated
94%
High-School Grad
18.9 sq mi
ZIP Area
1,215
Density / Sq Mi
$129,116
Median Household Income
$67,881
Median Earnings
$1,930
Median Rent
$626,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Flat, shaded lot in a small subdivision with proximity to a resident-only HOA river park and trails.
Where is this residential land & home lot located?
The property is located at 15308 Rainbow Two St Austin, TX.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Approximately quarter‑acre flat lot with mature Spanish oak and live oak shade, designed to be easy to build on; Located toward the back of a subdivision with only 10 homes on a quiet street; Short walk to the neighborhood’s 35± acre resident‑only HOA park at 6000 Longhorn Landing
More about this property
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