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ActiveMLS #5179459

3404 American DR # 1308, Lago Vista TX 78645

Lago Vista, TX 78645 · Island On Lake Travis Condo Amd

Condominium for sale in Island On Lake Travis Condo Amd

2Bedrooms
2Bathrooms
1,215Square Ft
0.25Acres
2Garage
1987Year Built
Price Reduced
1 / 35
$299,900$379,000

Overview

Property Description

Price Reduced $80,000 — Elevated Lake Travis Living with Full-Lake Views Experience one of the most desirable third-floor residences on The Island at Lake Travis. This updated, fully turnkey 2-bedroom, 2-bath condo delivers expansive northeast views of the lake, marina, and Hill Country — now with Lake Travis essentially full, creating a true waterfront backdrop perfect for watching boats and enjoying the sparkling water right from your home. At 1,215 square feet, this is the largest two-bedroom floor plan in the community. Soaring vaulted ceilings, wood and tile flooring, granite countertops, a fireplace, ceiling fans, and an in-unit washer/dryer create a bright, open, and comfortable living space. The home is fully furnished, comes with a home warranty, and features a brand-new AC system installed in August 2026. Resort amenities just steps away Live the gated island lifestyle with a private marina and boat launch, on-site restaurant, fitness facility, spa and sauna, indoor pool, two outdoor pools with hot tubs, plus tennis and pickleball courts. Two covered garage spaces are included. Ready for short-term rental, primary residence, or second home — this turnkey condo is set for immediate enjoyment with the lake at its best

Financial Info
Price
$299,900
$ / Sqft
$247
HOA
Yes - Mandatory / $712 / Monthly
HOA Name
Island on LT COA
HOA Includes
Cable TV, Common Area Maintenance, Insurance, Maintenance Structure, See Remarks
Tax Rate
2.4377%
Est. Taxes
$4,089.05
Tax Year
2010
Exemptions
See Remarks
Legal Info
Address
3404 American DR # 1308
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Island On Lake Travis Condo Amd
Legal Description
Unt 1308 Island On Lake Travis Condominium Amended The Plus 0.5817 % Int In Com Area
Parcel
01689003640000
Interior Features
Floor
Carpet, Tile
Num Living
1
Dining
1
Kitchen
Breakfast Bar
Appliances
Dishwasher, Disposal, Electric Cooktop, Microwave, Electric Oven
Laundry
Common Area
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Great Room, Primary Bedroom
Interior Features
Breakfast Bar, Cathedral Ceiling(s), In-Law Floorplan, Primary Bedroom on Main, Walk-In Closet(s), Fire Alarm, See Remarks
General Info
Beds
2 Total / 2 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
1987 / Resale
Square Feet
1,215 / Public Records
Garages
2
Garage Desc
Assigned, Garage
Foundation
Slab
Roof
Tile
Construction
Stucco
Acres
0.25
Lot Description
Trees-Medium (20 Ft - 40 Ft)
Restrictions
None
Flood Plain
No
View
Lake, River
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Phone Available
Heat
Heat Pump
A C
Central Air
Exterior Features
Fence
Wrought Iron
Exterior Features
Boat Lift, Boat Dock - Shared, None
Pool On Property
Yes
Area Amenities
Clubhouse, Cluster Mailbox, Common Grounds, Gated, Lake, Pool

Price history

Members only
Days on market
−$79,100 (−20.9%)
$379,000 → $299,900
3
Price reductions
Active
Since Apr 8, 2026
Price trend
List priceApr 2026May 2026
Property history4 events
DateEventPriceChange
May 18, 2026Price Decrease$299,900−$19,100 (−6%)
May 11, 2026Price Decrease$319,000−$30,000 (−8.6%)
Apr 28, 2026Price Decrease$349,000−$30,000 (−7.9%)
Apr 8, 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 $299,900
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

$2,107 / mo

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

Estimated monthly payment $2,107

Principal & interest
$1,516
Property taxes
$341
Homeowners insurance
$250

*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$239,920$2,682$15,516$237,238
2$237,238$2,861$15,336$234,377
3$234,377$3,053$15,145$231,324
4$231,324$3,257$14,940$228,067
5$228,067$3,475$14,722$224,591
6$224,591$3,708$14,489$220,883
7$220,883$3,957$14,241$216,927
8$216,927$4,222$13,976$212,705
9$212,705$4,504$13,693$208,201
10$208,201$4,806$13,392$203,395
  • Year 1$237,238
    Principal paid
    $2,682
    Interest paid
    $15,516
    Starting balance
    $239,920
  • Year 2$234,377
    Principal paid
    $2,861
    Interest paid
    $15,336
    Starting balance
    $237,238
  • Year 3$231,324
    Principal paid
    $3,053
    Interest paid
    $15,145
    Starting balance
    $234,377
  • Year 4$228,067
    Principal paid
    $3,257
    Interest paid
    $14,940
    Starting balance
    $231,324
  • Year 5$224,591
    Principal paid
    $3,475
    Interest paid
    $14,722
    Starting balance
    $228,067
  • Year 6$220,883
    Principal paid
    $3,708
    Interest paid
    $14,489
    Starting balance
    $224,591
  • Year 7$216,927
    Principal paid
    $3,957
    Interest paid
    $14,241
    Starting balance
    $220,883
  • Year 8$212,705
    Principal paid
    $4,222
    Interest paid
    $13,976
    Starting balance
    $216,927
  • Year 9$208,201
    Principal paid
    $4,504
    Interest paid
    $13,693
    Starting balance
    $212,705
  • Year 10$203,395
    Principal paid
    $4,806
    Interest paid
    $13,392
    Starting balance
    $208,201
First 10 of 30 years

Nearby

Courtesy of Listing Results, LLC · (817) 283-5134

Listings courtesy of ACTRIS as distributed by MLS GRID.