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ActiveMLS #3760488

3404 American DR # 1212, Lago Vista TX 78645

Lago Vista, TX 78645 · Island On Lake Travis Condomin

Condominium for sale in Island On Lake Travis Condomin

1Bedrooms
1Bathrooms
426Square Ft
0.09Acres
1Garage
1987Year Built
1 / 26
$215,000

Overview

Property Description

Incredible investment opportunity awaits! The Island on Lake Travis condo community is located on 14 acres and is truly impeccable from it’s waterfront views of Lake Travis, alluring Mediterranean architecture, and all of the resort-style amenities it has to offer including 2 outdoor pools with hot tubs situated right against the lake, 1 indoor pool and hot tub, a fitness center, a salon/spa with sauna access, a restaurant, picnic/grilling areas, docks/boat ramps, tennis courts, and courtyards that will make you feel as though you’re strolling through Europe. This particular unit offers an open layout, tile countertops, laminate/tile flooring (no carpet), a full bath with a large walk-in shower, and plenty of storage space. There is also a 24ft boat slip available to sell with the unit. If you’re looking to make an even stronger investment, you can reap the benefits of purchasing 4 units, fully furnished, plus a boat slip to really build out your portfolio. Short-term rentals are allowed and you and your guests can enjoy the security of private, gated access and assigned covered parking located under the building. This premier location is just across from Pace Bend Park and a quick drive away from the Lago Vista Country Club. This property is truly a unique Austin gem that you’re sure to fall in love with upon arrival!

Financial Info
Price
$215,000
$ / Sqft
$505
HOA
Yes - Mandatory / $329.04 / Monthly
HOA Name
Island on Lake Travis COA
HOA Includes
Cable TV, Common Area Maintenance, Hot Water, Internet, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Security, Sewer, Trash, Water
Tax Rate
2.1307%
Est. Taxes
$3,000.25
Tax Year
2025
Exemptions
None
Legal Info
Address
3404 American DR # 1212
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Island On Lake Travis Condomin
Legal Description
UNT 1212 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .204 % INT IN COM AREA
Parcel
01689003410000
Interior Features
Floor
Laminate, Tile
Num Living
1
Dining
0
Appliances
Electric Cooktop, Electric Range, Microwave
Laundry
Common Area
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Interior Features
High Ceilings, High Speed Internet, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s), 24 Hour Security, Carbon Monoxide Detector(s), Secured Garage/Parking, Smoke Detector(s), Blinds, Screens
General Info
Beds
1 Total / 1 Main Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
1987 / Resale
Square Feet
426 / Public Records
Garages
1
Garage Desc
Covered, Electric Gate, Garage, Gated, Paved, Reserved
Foundation
See Remarks
Roof
Spanish Tile
Construction
Concrete, Stone
Acres
0.09
Lot Description
Garden, Landscaped, Near Golf Course
Restrictions
See Remarks
Flood Plain
See Remarks
View
Garden
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Private
Sewer
Private Sewer
Utilities
Cable Connected, Electricity Connected, Internet-Cable, Phone Available, Sewer Connected, Water Connected
Heat
Central, Electric, Heat Pump
A C
Central Air, Electric
Exterior Features
Fence
None
Exterior Features
Uncovered Courtyard, Lighting, None
Pool On Property
No
Area Amenities
BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Courtyard, Fishing, Fitness Center, High Speed Internet, Lake, Picnic Area, Pool, Sauna, Spa/Hot Tub, Sport Court(s)/Facility, Storage, Tennis Court(s)

Price history

Members only
Days on market
$215,000
List price
0
Price reductions
Active
Since Mar 11, 2026
Property history1 event
DateEventPriceChange
Mar 11, 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 $215,000
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

$1,516 / mo

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

Estimated monthly payment $1,516

Principal & interest
$1,087
Property taxes
$250
Homeowners insurance
$179

*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$172,000$1,922$11,123$170,078
2$170,078$2,051$10,995$168,026
3$168,026$2,189$10,857$165,838
4$165,838$2,335$10,711$163,502
5$163,502$2,492$10,554$161,011
6$161,011$2,658$10,387$158,352
7$158,352$2,836$10,209$155,516
8$155,516$3,026$10,019$152,489
9$152,489$3,229$9,817$149,260
10$149,260$3,445$9,600$145,815
  • Year 1$170,078
    Principal paid
    $1,922
    Interest paid
    $11,123
    Starting balance
    $172,000
  • Year 2$168,026
    Principal paid
    $2,051
    Interest paid
    $10,995
    Starting balance
    $170,078
  • Year 3$165,838
    Principal paid
    $2,189
    Interest paid
    $10,857
    Starting balance
    $168,026
  • Year 4$163,502
    Principal paid
    $2,335
    Interest paid
    $10,711
    Starting balance
    $165,838
  • Year 5$161,011
    Principal paid
    $2,492
    Interest paid
    $10,554
    Starting balance
    $163,502
  • Year 6$158,352
    Principal paid
    $2,658
    Interest paid
    $10,387
    Starting balance
    $161,011
  • Year 7$155,516
    Principal paid
    $2,836
    Interest paid
    $10,209
    Starting balance
    $158,352
  • Year 8$152,489
    Principal paid
    $3,026
    Interest paid
    $10,019
    Starting balance
    $155,516
  • Year 9$149,260
    Principal paid
    $3,229
    Interest paid
    $9,817
    Starting balance
    $152,489
  • Year 10$145,815
    Principal paid
    $3,445
    Interest paid
    $9,600
    Starting balance
    $149,260
First 10 of 30 years

Nearby

Courtesy of Redfin Corporation · (512) 710-0156

Listings courtesy of ACTRIS as distributed by MLS GRID.