Leander, TX 78641 (Travis County)
About this property
Unrestricted Lake Travis waterfront estate with private dock, panoramic water views, and exceptional short-term rental potential. Located on nearly 2 acres of premier Lake Travis shoreline, this rare property offers direct lake access with no restrictive HOA limitations, making it an outstanding opportunity for Airbnb, VRBO, luxury vacation rental income, or a private waterfront compound. Designed for both luxury living and investment flexibility, the estate functions beautifully as a primary residence, corporate retreat, multi-generational family compound, or high-performing income property in the Lake Travis short-term rental market. The 7,813-square-foot waterfront compound includes three separate structures: a 5,882 sq ft main residence, a 1,259 sq ft two-bedroom guest house, and a dedicated private gym, all set on a stunning 1.98-acre multi-tiered hillside property with sweeping Lake Travis views. The main residence features four ensuite bedrooms, a fifth flexible room, private elevator, theatre room, and a dramatic great room with floor-to-ceiling windows framing the lake, along with a chef’s kitchen equipped with Thermador appliances and custom cabinetry designed for entertaining. Outdoor amenities rival a private resort with a glass-view resort-style pool, firepit lounge, expansive terraces, steam sauna, and a private hillside tram leading directly to the exclusive dock and Lake Travis shoreline. The property is fully automated with Control4 smart home technology and offered fully furnished, creating a turn-key luxury lakefront estate ready for immediate enjoyment or short-term rental operation. With unrestricted use, private dock access, expansive acreage, and strong demand for Lake Travis vacation rentals, this exceptional waterfront estate offers rare lifestyle appeal combined with powerful long-term investment potential.
Property details
Location
About the Area
17011 E Darleen Dr is located in Leander, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.
The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.
Leander had an estimated population of 67,880 as of 2023. The 78641 zip code has a median household income of $131,421, a median home value of $453,100, and a median age of 36.7. The average household size is 2.89 people.
Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Compass RE Texas, LLC.