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ActiveMLS #7029733

3404 American DR # 3202, Lago Vista TX 78645

Lago Vista, TX 78645 · Island On Lake Travis Condomin

Condominium for sale in Island On Lake Travis Condomin

2Bedrooms
2Bathrooms
1,188Square Ft
0.24Acres
2Garage
1987Year Built
Price Reduced
1 / 39
$375,000$395,000

Overview

Property Description

OWNER FINANCING AVAILABLE AT 3.99%! Luxury, comfort, and panoramic views of Lake Travis and the Texas Hill Country await you in this gorgeous 2 bedroom, 2 bath villa at the Island on Lake Travis resort. Spacious living areas and a large covered patio along with resort-style amenities, lake views, and hill country sunsets make this property a must see. Recent updates in 2023 include refreshed paint and utility room, new HVAC system, and a smart thermostat. These upgrades compliment the other available appointments including granite countertops, tile flooring, and wood burning fireplace. At 1,188 square feet, there is ample space in this villa to entertain family and friends and create lasting memories. Two reserved parking spots and a storage area convey as well. For investors or owners desiring rental income, this property is currently enrolled in an active short term rental program. For boating enthusiasts, A 28' BOAT SLIP WITH PARTY DECK CAN BE SOLD SEPARATELTY IF DESIRED! Come enjoy life on the Island! The Island On Lake Travis is an elegant condo complex that offers a luxurious Lake Travis waterfront lifestyle on a 14-acre island. Located on the north shore of Lake Travis in Lago Vista, this resort community boasts an unparalleled array of amenities in a picturesque lakefront setting. Amenities include 2 outdoor pools, 2 outdoor hot tubs, one indoor pool and hot tub, an onsite restaurant, fitness center, pickleball and tennis courts, day spa, sauna, and a marina. The Island is both a full time and vacation home community offering a peaceful setting and beautiful sunsets over Lake Travis. Austin is but a short drive away as well as wineries and hill country shopping and scenery.

Financial Info
Price
$375,000
$ / Sqft
$316
HOA
Yes - Mandatory / $696 / Monthly
HOA Name
The Island on Lake Travis COA
HOA Includes
Cable TV, Common Area Maintenance, Electricity, Insurance, Internet, Maintenance Grounds, Sewer, Water
Tax Rate
2.1307%
Est. Taxes
$7,500
Tax Year
2026
Exemptions
None
Legal Info
Address
3404 American DR # 3202
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Island On Lake Travis Condomin
Legal Description
UNT 3202 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .5688 % INT IN COM AREA
Parcel
01689004640000
Interior Features
Floor
Tile
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters, Pantry
Appliances
Built-In Electric Oven, Built-In Electric Range, Cooktop, Dishwasher, Disposal, Dryer, Electric Range, Freezer, Ice Maker, Microwave, Oven, Electric Oven, Self Cleaning Oven, Washer/Dryer
Laundry
Common Area, In Kitchen
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room, Wood Burning
Interior Features
Bar, Breakfast Bar, Ceiling Fan(s), Granite Counters, Double Vanity, Dry Bar, Electric Dryer Hookup, Elevator, Entrance Foyer, High Speed Internet, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup, Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Guard, Smoke Detector(s), Aluminum Frames
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
1,188 / Public Records
Garages
2
Garage Desc
Garage, Gated
Foundation
Slab
Roof
Composition
Construction
Stucco
Acres
0.24
Lot Description
Landscaped, Level, Views
Restrictions
Covenant, Deed Restrictions
Flood Plain
Yes-100 yr
View
Lake, Panoramic
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Heat
Central, Heat Pump, Propane
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Covered, Patio
Pool On Property
No
Area Amenities
BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Cluster Mailbox, Common Grounds, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Electronic Payments, Fishing, Fitness Center, Garage Parking, Gated, High Speed Internet, Hot Tub Community, Lake, Laundry Facility(s), Lock and Leave, Maintenance On-Site, Picnic Area, Planned Social Activities, Pool, Property Manager On-Site, Restaurant, Sauna, Smart Car Charging, Spa/Hot Tub, Sport Court(s)/Facility, Storage, Tennis Court(s)

Price history

Members only
Days on market
−$20,000 (−5.1%)
$395,000 → $375,000
1
Price reduction
Active
Since Jul 2, 2026
Price trend
List priceJul 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 21, 2026Price Decrease$375,000−$20,000 (−5.1%)
Jul 2, 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 $375,000
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

$2,834 / mo

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

Estimated monthly payment $2,834

Principal & interest
$1,896
Property taxes
$625
Homeowners insurance
$313

*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$300,000$3,353$19,401$296,647
2$296,647$3,578$19,177$293,069
3$293,069$3,817$18,937$289,252
4$289,252$4,073$18,681$285,179
5$285,179$4,346$18,409$280,833
6$280,833$4,637$18,118$276,196
7$276,196$4,947$17,807$271,249
8$271,249$5,279$17,476$265,970
9$265,970$5,632$17,122$260,338
10$260,338$6,009$16,745$254,328
  • Year 1$296,647
    Principal paid
    $3,353
    Interest paid
    $19,401
    Starting balance
    $300,000
  • Year 2$293,069
    Principal paid
    $3,578
    Interest paid
    $19,177
    Starting balance
    $296,647
  • Year 3$289,252
    Principal paid
    $3,817
    Interest paid
    $18,937
    Starting balance
    $293,069
  • Year 4$285,179
    Principal paid
    $4,073
    Interest paid
    $18,681
    Starting balance
    $289,252
  • Year 5$280,833
    Principal paid
    $4,346
    Interest paid
    $18,409
    Starting balance
    $285,179
  • Year 6$276,196
    Principal paid
    $4,637
    Interest paid
    $18,118
    Starting balance
    $280,833
  • Year 7$271,249
    Principal paid
    $4,947
    Interest paid
    $17,807
    Starting balance
    $276,196
  • Year 8$265,970
    Principal paid
    $5,279
    Interest paid
    $17,476
    Starting balance
    $271,249
  • Year 9$260,338
    Principal paid
    $5,632
    Interest paid
    $17,122
    Starting balance
    $265,970
  • Year 10$254,328
    Principal paid
    $6,009
    Interest paid
    $16,745
    Starting balance
    $260,338
First 10 of 30 years

Nearby

Courtesy of Hill Country Lakes Realty · (512) 267-7000

Listings courtesy of ACTRIS as distributed by MLS GRID.