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ActiveMLS #8643435

3404 American DR # 1206, Lago Vista TX 78645

Lago Vista, TX 78645 · Island On Lake Travis Condomin

Condominium for sale in Island On Lake Travis Condomin

3Bedrooms
2Bathrooms
1,762Square Ft
0.36Acres
2Garage
1987Year Built
Back on Market
1 / 32
$535,000$550,000

Overview

Property Description

The sale includes a coveted 28-FOOT COVERED BOAT SLIP within the private marina, just a short walk from the condo, along with two covered parking spaces and a dedicated storage unit. SHORT TERM RENTALS ARE ALLOWED. Perched in one of the most desirable locations at The Island on Lake Travis, this beautifully updated one-level 3-bedroom, 2-bath condominium offers unobstructed panoramic views of Lake Travis and Pace Bend Park across the water. Designed for effortless lock-and-leave living, the open-concept floor plan is filled with natural light and features two fireplaces—one in the living room and another in the primary suite—creating a warm and inviting atmosphere throughout. Additional features include an in-unit fire suppression system for added peace of mind. The spacious kitchen is equipped with granite countertops, stainless steel appliances, and generous storage, while granite surfaces continue into both bathrooms for a cohesive, upscale finish. A walk-in laundry room adds everyday convenience. The covered patio captures breathtaking north-facing lake views, allowing for year-round outdoor enjoyment without the harsh western sun, while still offering spectacular sunset vistas. Set on a private 13-acre island, this gated 212-villa waterfront community delivers true resort-style living with full lake access and exceptional amenities, including three swimming pools (featuring an indoor heated lap pool), a spa, dry sauna, fitness center, tennis court, two lighted pickleball courts, and an on-site restaurant. Located just minutes from Lago Vista Golf Course and directly across the lake from Pace Bend Park, this is waterfront living at its finest.

Financial Info
Price
$535,000
$ / Sqft
$304
HOA
Yes - Mandatory / $1,125.8 / Monthly
HOA Name
Island on Lake Travis
HOA Includes
Cable TV, Common Area Maintenance, Maintenance Grounds, Maintenance Structure
Tax Rate
2.13%
Est. Taxes
$3,370
Tax Year
2025
Exemptions
None
Legal Info
Address
3404 American DR # 1206
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Island On Lake Travis Condomin
Legal Description
UNT 1206 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .8436 % INT IN COM AREA
Parcel
01689003350000
Interior Features
Floor
Carpet, Tile
Num Living
1
Dining
1
Kitchen
Granite Counters, Pantry
Appliances
Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Washer/Dryer
Laundry
In Unit, Laundry Room
Master Bed
2 Primary Baths, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
2
Fireplace Description
Bedroom, Living Room
Interior Features
2 Primary Baths, Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, High Speed Internet, No Interior Steps, Pantry, Primary Bedroom on Main, Storage, Walk-In Closet(s), Washer Hookup, Wet Bar, Fire Sprinkler System, Screens
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
1987 / Resale
Square Feet
1,762 / Public Records
Garages
2
Garage Desc
Assigned, Attached, Garage, Reserved
Foundation
Slab
Roof
Tile
Construction
Stucco
Acres
0.36
Lot Description
Cul-De-Sac, Landscaped, Near Golf Course, Private Maintained Road, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft), Waterfall
Restrictions
City Restrictions, Zoning
Flood Plain
See Remarks, No
View
Lake, Water
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Internet-Cable, Water Available
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Boat Ramp, Boat Slip, Sport Court, Tennis Court(s), Covered, Rear Porch
Pool On Property
Yes
Area Amenities
Airport/Runway, BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Covered Parking, Fishing, Fitness Center, Gated, Golf, High Speed Internet, Lake, Library, Lounge, Picnic Area, Planned Social Activities, Restaurant, Sport Court(s)/Facility, Tennis Court(s)

Price history

Members only
Days on market
−$15,000 (−2.7%)
$550,000 → $535,000
2
Price reductions
Active
Since May 13, 2026
Price trend
List priceMay 2026Jun 2026
Property history5 events
DateEventPriceChange
Sep 15, 2026Back On Market
Aug 13, 2026Hold
Jun 29, 2026Price Decrease$535,000−$10,000 (−1.8%)
Jun 8, 2026Price Decrease$545,000−$5,000 (−0.9%)
May 13, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Lago Vista ISD
Elementary
Lago Vista
Middle
Lago Vista
High
Lago Vista

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $535,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,432 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,432

Principal & interest
$2,705
Property taxes
$281
Homeowners insurance
$446

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$428,000$4,784$27,679$423,216
2$423,216$5,104$27,359$418,112
3$418,112$5,446$27,017$412,666
4$412,666$5,811$26,652$406,855
5$406,855$6,200$26,263$400,655
6$400,655$6,615$25,848$394,040
7$394,040$7,058$25,405$386,982
8$386,982$7,531$24,932$379,451
9$379,451$8,035$24,428$371,415
10$371,415$8,573$23,890$362,842
  • Year 1$423,216
    Principal paid
    $4,784
    Interest paid
    $27,679
    Starting balance
    $428,000
  • Year 2$418,112
    Principal paid
    $5,104
    Interest paid
    $27,359
    Starting balance
    $423,216
  • Year 3$412,666
    Principal paid
    $5,446
    Interest paid
    $27,017
    Starting balance
    $418,112
  • Year 4$406,855
    Principal paid
    $5,811
    Interest paid
    $26,652
    Starting balance
    $412,666
  • Year 5$400,655
    Principal paid
    $6,200
    Interest paid
    $26,263
    Starting balance
    $406,855
  • Year 6$394,040
    Principal paid
    $6,615
    Interest paid
    $25,848
    Starting balance
    $400,655
  • Year 7$386,982
    Principal paid
    $7,058
    Interest paid
    $25,405
    Starting balance
    $394,040
  • Year 8$379,451
    Principal paid
    $7,531
    Interest paid
    $24,932
    Starting balance
    $386,982
  • Year 9$371,415
    Principal paid
    $8,035
    Interest paid
    $24,428
    Starting balance
    $379,451
  • Year 10$362,842
    Principal paid
    $8,573
    Interest paid
    $23,890
    Starting balance
    $371,415
First 10 of 30 years

Nearby

Courtesy of Moreland Properties · (512) 480-0848

Listings courtesy of ACTRIS as distributed by MLS GRID.