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ActiveMLS #1546002

3404 American DR # 2212, Lago Vista TX 78645

Lago Vista, TX 78645 · Island On Lake Travis Condomin

Condominium for sale in Island On Lake Travis Condomin

1Bedrooms
2Bathrooms
842Square Ft
0.17Acres
1Garage
1987Year Built
1 / 14
$229,900
3D tour

Overview

Property Description

Welcome to your perfect lake getaway and income-producing property in the heart of Lago Vista! This beautifully maintained condo at 3404 American Way #2212 offers the ideal blend of comfort, convenience, and investment potential. Featuring 2 full bathrooms, this spacious unit is designed for both relaxation and functionality—perfect for hosting guests or enjoying your own private retreat. The condo comes fully furnished, making it truly turnkey and ready for immediate use or rental from day one. What truly sets this property apart is its strong short-term rental history, offering an excellent opportunity for investors seeking consistent income in a highly desirable lake-area destination. Whether you're looking to expand your portfolio or own a vacation home that pays for itself, this property checks all the boxes. Located just minutes from Lake Travis, you'll enjoy easy access to boating, dining, and outdoor recreation, all while being tucked away in a peaceful community setting. Don’t miss your chance to own a fully furnished, income-generating property in one of Lago Vista’s most sought-after areas!

Financial Info
Price
$229,900
$ / Sqft
$273
HOA
Yes - Mandatory / $499 / Monthly
HOA Name
The Island on Lake Travis
HOA Includes
Cable TV, Common Area Maintenance, Insurance, Internet, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Trash
Tax Rate
0.021%
Est. Taxes
$5,564.46
Tax Year
2022
Exemptions
None
Legal Info
Address
3404 American DR # 2212
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Island On Lake Travis Condomin
Legal Description
UNT 2212 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .4031 % INT IN COM AREA
Parcel
01689004130000
Interior Features
Floor
Tile, Vinyl
Num Living
1
Dining
1
Kitchen
Granite Counters
Appliances
Bar Fridge, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Washer/Dryer
Laundry
In Unit
Master Bed
2 Primary Baths, Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Wood Burning
Interior Features
2 Primary Baths, Ceiling Fan(s), Granite Counters, Elevator, High Speed Internet, Primary Bedroom on Main, Building Security, Fire Alarm, Bay Window(s), Blinds
General Info
Beds
1 Total / 1 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
1987 / Resale
Square Feet
842 / Public Records
Garages
1
Garage Desc
Garage
Foundation
Pillar/Post/Pier
Roof
Metal
Construction
Plaster
Acres
0.17
Lot Description
Bluff, Close to Clubhouse
Restrictions
None
Flood Plain
See Remarks, No
View
Lake
Water Access
No
Waterfront
No
Area
LN
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Internet-Cable, Water Available
Heat
Electric
A C
Electric
Exterior Features
Fence
None
Exterior Features
Balcony, Boat Dock - Shared, Porch
Pool On Property
Yes
Area Amenities
BBQ Pit/Grill, Bike Storage/Locker, Common Grounds, Courtyard, Covered Parking, Electronic Payments, Fishing, Fitness Center, Garage Parking, Gated, High Speed Internet, Laundry Facility(s), Picnic Area, Pool, Property Manager On-Site, Sauna

Price history

Members only
Days on market
$229,900
List price
0
Price reductions
Active
Since Apr 10, 2026
Property history1 event
DateEventPriceChange
Apr 10, 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 $229,900
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

$1,818 / mo

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

Estimated monthly payment $1,818

Principal & interest
$1,162
Property taxes
$464
Homeowners insurance
$192

*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$183,920$2,056$11,894$181,864
2$181,864$2,193$11,757$179,671
3$179,671$2,340$11,610$177,331
4$177,331$2,497$11,453$174,834
5$174,834$2,664$11,286$172,169
6$172,169$2,843$11,107$169,327
7$169,327$3,033$10,917$166,294
8$166,294$3,236$10,714$163,057
9$163,057$3,453$10,497$159,604
10$159,604$3,684$10,266$155,920
  • Year 1$181,864
    Principal paid
    $2,056
    Interest paid
    $11,894
    Starting balance
    $183,920
  • Year 2$179,671
    Principal paid
    $2,193
    Interest paid
    $11,757
    Starting balance
    $181,864
  • Year 3$177,331
    Principal paid
    $2,340
    Interest paid
    $11,610
    Starting balance
    $179,671
  • Year 4$174,834
    Principal paid
    $2,497
    Interest paid
    $11,453
    Starting balance
    $177,331
  • Year 5$172,169
    Principal paid
    $2,664
    Interest paid
    $11,286
    Starting balance
    $174,834
  • Year 6$169,327
    Principal paid
    $2,843
    Interest paid
    $11,107
    Starting balance
    $172,169
  • Year 7$166,294
    Principal paid
    $3,033
    Interest paid
    $10,917
    Starting balance
    $169,327
  • Year 8$163,057
    Principal paid
    $3,236
    Interest paid
    $10,714
    Starting balance
    $166,294
  • Year 9$159,604
    Principal paid
    $3,453
    Interest paid
    $10,497
    Starting balance
    $163,057
  • Year 10$155,920
    Principal paid
    $3,684
    Interest paid
    $10,266
    Starting balance
    $159,604
First 10 of 30 years

Nearby

Courtesy of Newfound Real Estate · (972) 715-1983

Listings courtesy of ACTRIS as distributed by MLS GRID.