3404 American DR # 2205, Lago Vista TX 78645
Lago Vista, TX 78645 · Island On Lake Travis Condomin
Condominium for sale in Island On Lake Travis Condomin
Overview
Property Description
Discover relaxed lakefront living at The Island on Lake Travis in Lago Vista, TX. This turnkey, 842-square-foot, 1-bedroom, 1-bathroom condominium offers an exceptional opportunity for a vacation getaway, primary residence, or income-producing investment property. Positioned directly on the main body of Lake Travis, the private balcony provides a peaceful view of the community fountain and shimmering waterfront. Inside, the bright and welcoming interior features an open-concept layout maximizing natural light and functional space. The kitchen is equipped with granite countertops, a refrigerator, freestanding range, microwave, and breakfast bar, complemented by low-maintenance tile and wood-look flooring with no carpet throughout. The updated bathroom features a spacious walk-in shower, accompanied by abundant in-unit storage, central heating, air conditioning, and convenient in-unit laundry hookups. The Island on Lake Travis sits on 14 beautifully maintained acres and is known for its charming Mediterranean-style architecture and incredible lake views. Residents and guests enjoy access to two outdoor pools with lakeside hot tubs, an indoor pool and spa, a fitness center, tennis courts, picnic and grilling areas, and private docks with boat ramps for direct water access. Additional community amenities include gated security, assigned covered parking, an on-site restaurant, and a salon and spa with sauna access. Short-term rentals are fully permitted, making this an ideal turnkey Airbnb or VRBO investment, with multi-unit purchase options potentially available for investors looking to acquire four fully furnished units together. Situated directly across from Pace Bend Park and minutes from the Lago Vista Country Club, this property balances a tranquil Hill Country retreat atmosphere with premier Austin-area recreation.
Financial Info
- Price
- $199,000
- $ / Sqft
- $236
- HOA
- Yes - Mandatory / $493.17 / Monthly
- HOA Name
- Islands on Lake Travis
- HOA Includes
- Common Area Maintenance
- Tax Rate
- 2.1307%
- Est. Taxes
- $5,425.92
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 3404 American DR # 2205
- County
- Travis
- City
- Lago Vista
- State
- TX
- Zip
- 78645
- Subdivision
- Island On Lake Travis Condomin
- Legal Description
- UNT 2205 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .4031 % INT IN COM AREA
- Parcel
- 01689004060000
Interior Features
- Floor
- Tile, Wood
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar
- Appliances
- Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator
- Laundry
- In Unit
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Breakfast Bar, Primary Bedroom on Main, See Remarks
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
- 842 / Public Records
- Garages
- 1
- Garage Desc
- See Remarks
- Foundation
- Pillar/Post/Pier
- Roof
- Membrane
- Construction
- Frame, Stucco
- Acres
- 0.17
- Lot Description
- Trees-Medium (20 Ft - 40 Ft)
- Restrictions
- See Remarks
- Flood Plain
- See Remarks
- View
- Lake, River
- Water Access
- Yes
- Waterfront
- Yes
- Area
- LN
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- None
- Exterior Features
- Balcony, None
- Pool On Property
- No
- Area Amenities
- Cluster Mailbox, Common Grounds, Fitness Center, Gated, General Aircraft Airport, Golf, Lake, Pool, Sauna, Tennis Court(s)
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 28, 2026 | Price Decrease | $199,000−$30,000 (−13.1%) | −$30,000 (−13.1%) |
| Mar 16, 2026 | New Listing | — |
Taxes
TCAD account 709487
Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.
| Taxing Entity | Rate per $100 | Taxable Value | Estimated Tax |
|---|---|---|---|
| CITY OF LAGO VISTA | 0.420000 | $196,418 | $824.96 |
| LAGO VISTA ISD | 1.016900 | $204,206 | $2,076.57 |
| TRAVIS CO ESD NO 1 | 0.100000 | $204,206 | $204.21 |
| TRAVIS CO ESD NO 7 | 0.099967 | $204,206 | $204.14 |
| TRAVIS COUNTY | 0.375845 | $204,206 | $767.50 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $204,206 | $241.01 |
| Ordinary property tax estimate | 2.130735 | $4,318.39 |
Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.
Source: Travis County
- Owner
- 2205 AMERICAN DR LLC
- Legal
- UNT 2205 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .4031 % INT IN COM AREA
- Geo ID
- prop:709487
- Acreage
- 0.17
- Exemption Type
- None on record
- MLS estimated annual taxes
- $5,425.92
- MLS tax year
- 2025
Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.
| Year | Appraised Value | Combined Rate per $100 | Annual Taxes Billed |
|---|---|---|---|
| 2025 | $254,650 | 2.130735 | $5,393.22 |
| 2024 | — | 2.083414 | $5,721.73 |
| 2023 | — | 2.022647 | $6,097.48 |
| 2022 | — | 2.208223 | $6,626.82 |
| 2021 | — | 2.478179 | $4,799.80 |
| 2020 | — | 2.535765 | $4,801.76 |
Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.
Source: Travis County
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
$1,624 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $1,624
- Principal & interest
- $1,006
- Property taxes
- $452
- 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 Redfin Corporation · (512) 710-0156
Listings courtesy of ACTRIS as distributed by MLS GRID.