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ActiveMLS #4898029

3404 American DR # 3118, Lago Vista TX 78645

Lago Vista, TX 78645 · Island On Lake Travis Condomin

Condominium for sale in Island On Lake Travis Condomin

2Bedrooms
2Bathrooms
1,203Square Ft
0.25Acres
2Garage
1987Year Built
Price Reduced
1 / 36
$249,900$299,900
3D tour

Overview

Property Description

Dive into the refined living possible in this first floor, southwest facing condo unit nestled on the shores of Lake Travis, where stunning views of Lake Travis and the Texas Hill Country await. Offered fully furnished, this unit is move-in ready as an owner retreat or ready for operation as an STR. This unit features two bedrooms and two bathrooms offering convenience and privacy and ensuring a comfortable daily routine. The property includes two garage spaces, offering secure parking and additional storage. The Island offers an impressive list of amenities, including outdoor and indoor pools, hot tubs, a sauna, a gym, tennis and pickleball courts, a golf net, disc golf, a restaurant, a spa, a retail shop, boat launch ramps, a day dock, and a fishing dock. (Some amenities may be temporarily closed.) COA dues cover amenities, exterior maintenance, trash, landscaping, security, and insurance—making lake living easy and stress-free. Whether you're looking for adventure, relaxation, or an STR - this lakefront gem is ready for you. Schedule a showing today and start making memories on Lake Travis!

Financial Info
Price
$249,900
$ / Sqft
$208
HOA
Yes - Mandatory / $704.7 / Monthly
HOA Name
The Island on Lake Travis COA
HOA Includes
Common Area Maintenance, Hot Water, Insurance, Landscaping, Maintenance Structure, Security, Trash
Tax Rate
2.1307%
Est. Taxes
$8,292
Tax Year
2025
Exemptions
None
Legal Info
Address
3404 American DR # 3118
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Island On Lake Travis Condomin
Legal Description
UNT 3118 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .576 % INT IN COM AREA
Parcel
01689004530000
Interior Features
Floor
Carpet, Tile
Num Living
1
Dining
1
Kitchen
Granite Counters
Appliances
Built-In Oven(s), Electric Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Instant Hot Water, Microwave, Free-Standing Range, Refrigerator, Washer
Laundry
In Kitchen, Laundry Closet
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Interior Features
Ceiling Fan(s), Granite Counters, Double Vanity, Electric Dryer Hookup, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup, Fire Alarm, Drapes
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
1,203 / Public Records
Garages
2
Garage Desc
Reserved
Foundation
Pillar/Post/Pier
Roof
Tile
Construction
Masonry – All Sides, Stucco
Acres
0.25
Lot Description
Sprinkler - Automatic
Restrictions
City Restrictions, Deed Restrictions
Flood Plain
Yes-100 yr
View
Creek/Stream, Lake, River
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Internet-Cable, Internet-Fiber, Other, Sewer Connected, Water Connected
Heat
Central, Hot Water
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
None
Exterior Features
Barbecue, Boat Dock - Shared, Boat Ramp, Uncovered Courtyard, Electric Car Plug-in, Exterior Steps, Outdoor Grill, Sport Court, Tennis Court(s), Covered, Deck
Pool On Property
Yes
Area Amenities
Airport/Runway, BBQ Pit/Grill, Common Grounds, Fishing, Fitness Center, Garage Parking, General Aircraft Airport, Golf, High Speed Internet, Lake, Library, Park, Pool, Restaurant, Tennis Court(s)

Rooms

Rooms7 rooms

Main level

  • Primary Bathroom
  • Dining Room
  • Bedroom
  • Bathroom
  • Primary Bedroom
  • Living Room
  • Kitchen

Price history

Members only
Days on market
−$50,000 (−16.7%)
$299,900 → $249,900
2
Price reductions
Active
Since Mar 20, 2026
Price trend
List priceMar 2026Aug 2026
Property history6 events
DateEventPriceChange
Aug 31, 2026Price Decrease$249,900−$15,600 (−5.9%)
May 20, 2026Back On Market
Apr 30, 2026Pending
Apr 23, 2026Active Under Contract
Apr 17, 2026Price Decrease$265,500−$34,400 (−11.5%)
Mar 20, 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 $249,900
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

$2,163 / mo

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

Estimated monthly payment $2,163

Principal & interest
$1,264
Property taxes
$691
Homeowners insurance
$208

*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$199,920$2,235$12,929$197,685
2$197,685$2,384$12,779$195,301
3$195,301$2,544$12,620$192,757
4$192,757$2,714$12,449$190,043
5$190,043$2,896$12,268$187,147
6$187,147$3,090$12,074$184,057
7$184,057$3,297$11,867$180,760
8$180,760$3,518$11,646$177,242
9$177,242$3,753$11,410$173,489
10$173,489$4,005$11,159$169,484
  • Year 1$197,685
    Principal paid
    $2,235
    Interest paid
    $12,929
    Starting balance
    $199,920
  • Year 2$195,301
    Principal paid
    $2,384
    Interest paid
    $12,779
    Starting balance
    $197,685
  • Year 3$192,757
    Principal paid
    $2,544
    Interest paid
    $12,620
    Starting balance
    $195,301
  • Year 4$190,043
    Principal paid
    $2,714
    Interest paid
    $12,449
    Starting balance
    $192,757
  • Year 5$187,147
    Principal paid
    $2,896
    Interest paid
    $12,268
    Starting balance
    $190,043
  • Year 6$184,057
    Principal paid
    $3,090
    Interest paid
    $12,074
    Starting balance
    $187,147
  • Year 7$180,760
    Principal paid
    $3,297
    Interest paid
    $11,867
    Starting balance
    $184,057
  • Year 8$177,242
    Principal paid
    $3,518
    Interest paid
    $11,646
    Starting balance
    $180,760
  • Year 9$173,489
    Principal paid
    $3,753
    Interest paid
    $11,410
    Starting balance
    $177,242
  • Year 10$169,484
    Principal paid
    $4,005
    Interest paid
    $11,159
    Starting balance
    $173,489
First 10 of 30 years

Nearby

Courtesy of KS & Associates Realtors · (512) 698-5517

Listings courtesy of ACTRIS as distributed by MLS GRID.