3404 American DR # 1225, Lago Vista TX 78645
Lago Vista, TX 78645 · Island on Lake Travis Condominium
Condominium for sale in Island on Lake Travis Condominium
Overview
Property Description
$40,000 Price Reduction! Now offered at $199,000! "LVP FLOORING INSTALLED THROUGHOUT, offering a modern, low-maintenance finish"! Incredible opportunity to own a Second Floor Villa in one of the best locations at The Island on Lake Travis! Charming, Cozy, and Fully Furnished, this condo boasts of breathtaking and sweeping views overlooking the North end of Lake Travis and the Texas Hill Country. Spacious, 705 sf, Open, Capri Floor Plan, 1 Bedroom with generous Closet Space; 1 Full Bath appointed with an Oversized Shower; Breakfast Bar; Dining Area; Covered Patio; 2 Access Doors to the Patio; Laundry Closet with Washer & Dryer hook-ups. From the patio, capture each Morning with a cup of coffee and each Evening with amazing Sunsets! Awesome Opportunity to Own, Occupy or Rent....Long and Short-term rentals are allowed at The Island. This unit is currently enrolled in an STR program. The Island on Lake Travis sits on 14 acres, features beautifully landscaped Courtyards, 2 Outdoor Pools, Spa, Saunas, Fitness Center, Outdoor Common Barbecue area, Tennis Courts, Basketball Court, Pickleball Court, Marina, and Boat Ramp. Located in the Covered Garage is your Assigned/Reserved Parking Spot and Storage Closet. Appreciate a fabulous Dining Experience at The Island Bar & Grill, which also provides regular entertainment, including bingo, karaoke, and poker nights, making it a lively destination for both locals and visitors ...Enjoy the convenience of proximity to restaurants, schools, medical facilities, grocery stores, and shopping....AND, Flat Creek Winery! Live Like You're on Vacation! (Certain Staging Items are excluded from the sale). (Cash only)
Financial Info
- Price
- $199,000
- $ / Sqft
- $282
- HOA
- Yes - Mandatory / $413 / Monthly
- HOA Name
- Island on Lake Travis COA
- HOA Includes
- Common Area Maintenance, Landscaping, Maintenance Grounds
- Tax Rate
- 2.1307%
- Est. Taxes
- $4,560
- Tax Year
- 2026
- Exemptions
- None
Legal Info
- Address
- 3404 American DR # 1225
- County
- Travis
- City
- Lago Vista
- State
- TX
- Zip
- 78645
- Subdivision
- Island on Lake Travis Condominium
- Legal Description
- UNT 1225 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .3375% INT IN COM AREA
- Parcel
- 01689003540000
Interior Features
- Floor
- Vinyl
- Num Living
- 1
- Dining
- 2
- Kitchen
- Breakfast Bar, Granite Counters
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
- Laundry
- In Unit, Laundry Closet
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Breakfast Bar, Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Washer Hookup, Building Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Fence, Security Lights, Security Service, Smoke Detector(s), Blinds, Drapes, 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
- 705 / Public Records
- Garages
- 1
- Garage Desc
- Assigned, Attached, Common, Community Structure, Concrete, Covered, Driveway, Garage, Gated, Guest, Inside Entrance, Lighted, Outside, Paved, Private, Reserved, Storage
- Foundation
- Slab
- Roof
- Metal, Mixed
- Construction
- Stucco
- Acres
- 0.14
- Lot Description
- Landscaped, Private Maintained Road, Sprinkler - Automatic, Sprinkler - Partial, Trees-Medium (20 Ft - 40 Ft), Views
- Restrictions
- Covenant, Deed Restrictions, Zoning
- Flood Plain
- Partial, Yes-100 yr
- View
- Hill Country, Lake, Pool
- Water Access
- Yes
- Waterfront
- Yes
- Area
- LN
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Internet-Cable, Natural Gas Not Available, Sewer Connected, Underground Utilities, Water Connected
- Heat
- Central, Heat Pump
- A C
- Ceiling Fan(s), Central Air, Heat Pump
Exterior Features
- Fence
- Wrought Iron
- Exterior Features
- Balcony, Boat Dock - Shared, Boat Ramp, Uncovered Courtyard, Exterior Steps, Outdoor Grill, Private Entrance, Restricted Access, Sport Court, Tennis Court(s), Covered, Patio
- Pool On Property
- No
- Area Amenities
- BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Covered Parking, Fitness Center, Garage Parking, Gated, High Speed Internet, Lake, Laundry Facility(s), Pet Amenities, Picnic Area, Pool, Spa/Hot Tub, Sport Court(s)/Facility, Tennis Court(s)
Rooms
Main level
- Primary Bathroom
Full Bath, Separate Shower
- Kitchen
Kitchn - Breakfast Area, GranCnt, Open to Family Room
- Primary Bedroom
Ceiling Fan(s)
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 28, 2026 | Price Decrease | $199,000−$40,000 (−16.7%) | −$40,000 (−16.7%) |
| Apr 28, 2026 | Price Decrease | $239,000−$5,900 (−2.4%) | −$5,900 (−2.4%) |
| Feb 16, 2026 | Price Decrease | $244,900−$5,000 (−2%) | −$5,000 (−2%) |
| Dec 2, 2025 | New Listing | — |
Taxes
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
Estimated monthly payment
$1,552 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $1,552
- Principal & interest
- $1,006
- Property taxes
- $380
- Homeowners insurance
- $166
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $159,200 | $1,779 | $10,296 | $157,421 | |
| 2 | $157,421 | $1,899 | $10,176 | $155,522 | |
| 3 | $155,522 | $2,026 | $10,049 | $153,496 | |
| 4 | $153,496 | $2,161 | $9,914 | $151,335 | |
| 5 | $151,335 | $2,306 | $9,769 | $149,029 | |
| 6 | $149,029 | $2,461 | $9,614 | $146,568 | |
| 7 | $146,568 | $2,625 | $9,450 | $143,943 | |
| 8 | $143,943 | $2,801 | $9,274 | $141,141 | |
| 9 | $141,141 | $2,989 | $9,086 | $138,153 | |
| 10 | $138,153 | $3,189 | $8,886 | $134,964 |
- Year 1$157,421
- Principal paid
- $1,779
- Interest paid
- $10,296
- Starting balance
- $159,200
- Year 2$155,522
- Principal paid
- $1,899
- Interest paid
- $10,176
- Starting balance
- $157,421
- Year 3$153,496
- Principal paid
- $2,026
- Interest paid
- $10,049
- Starting balance
- $155,522
- Year 4$151,335
- Principal paid
- $2,161
- Interest paid
- $9,914
- Starting balance
- $153,496
- Year 5$149,029
- Principal paid
- $2,306
- Interest paid
- $9,769
- Starting balance
- $151,335
- Year 6$146,568
- Principal paid
- $2,461
- Interest paid
- $9,614
- Starting balance
- $149,029
- Year 7$143,943
- Principal paid
- $2,625
- Interest paid
- $9,450
- Starting balance
- $146,568
- Year 8$141,141
- Principal paid
- $2,801
- Interest paid
- $9,274
- Starting balance
- $143,943
- Year 9$138,153
- Principal paid
- $2,989
- Interest paid
- $9,086
- Starting balance
- $141,141
- Year 10$134,964
- Principal paid
- $3,189
- Interest paid
- $8,886
- Starting balance
- $138,153
Nearby
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.