3404 American DR # 3203, Lago Vista TX 78645
Lago Vista, TX 78645 · The Island
Condominium for sale in The Island
Overview
Property Description
Experience the ultimate Lake Travis lifestyle in this stunning luxury villa at The Island on Lake Travis. Offering breathtaking panoramic views of Lake Travis and the Texas Hill Country, this beautifully appointed property combines spacious living, exceptional comfort, and unforgettable scenery in one of Lago Vista’s premier waterfront communities. The villa features generous living spaces designed for both relaxation and entertaining, along with a large covered patio where you can enjoy spectacular Hill Country sunsets and peaceful lake views. With ample room to gather with family and friends, this property is the perfect setting for creating lasting memories.For added convenience, two reserved parking spaces and a private storage area convey with the property. Investors and owners seeking rental income will appreciate that the villa is currently enrolled in an active short-term rental program, offering an excellent opportunity to enjoy the property while generating income. The Island on Lake Travis is an exclusive 14-acre island resort community offering a truly resort-style waterfront experience. Residents and guests enjoy an impressive collection of amenities, including two outdoor pools, two outdoor hot tubs, an indoor pool and hot tub, onsite restaurant, fitness center, pickleball and tennis courts, day spa, sauna, and marina. Whether you are looking for a full-time residence, a weekend getaway, or an investment opportunity, The Island offers the perfect blend of tranquility, recreation, and luxury. Enjoy beautiful sunsets over Lake Travis, easy access to Austin, and nearby Hill Country wineries, shopping, dining, and scenic destinations.
Financial Info
- Price
- $239,900
- $ / Sqft
- $203
- HOA
- Yes - Mandatory / $751.68 / Monthly
- HOA Name
- THE ISLAND ON LAKE TRAVIS CONDOMINIUM ASSOCIATION
- HOA Includes
- Common Area Maintenance, Pest Control, Trash, Utilities
- Tax Rate
- 2.02%
- Est. Taxes
- $4,545
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 3404 American DR # 3203
- County
- Travis
- City
- Lago Vista
- State
- TX
- Zip
- 78645
- Subdivision
- The Island
- Legal Description
- CITY/MUNI/TWP:CITY OF LAGO VISTA UNT 3203 ISLAND ON LAKE TRA
- Parcel
- 709546
Interior Features
- Floor
- Laminate, Stone, Vinyl
- Num Living
- 1
- Dining
- 1
- Appliances
- Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Washer/Dryer
- Laundry
- In Kitchen
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Living Room
- Interior Features
- 2 Primary Suites, Double Vanity, Primary Bedroom on Main, Walk-In Closet(s), See Remarks, Window Coverings
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
- 1,182 / Appraiser
- Garages
- 2
- Garage Desc
- Garage
- Foundation
- See Remarks
- Roof
- Spanish Tile
- Construction
- Stucco
- Acres
- 0.02
- Lot Description
- See Remarks
- Restrictions
- None
- Flood Plain
- See Remarks
- View
- Lake
- Water Access
- Yes
- Waterfront
- Yes
- Area
- LN
Utility Info
- Water
- Public
- Sewer
- Private Sewer
- Utilities
- Cable Available, Electricity Available, Internet-Cable, Phone Available, Sewer Available, Water Available
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- None
- Exterior Features
- Balcony, Covered, Patio
- Pool On Property
- Yes
- Area Amenities
- BBQ Pit/Grill, Clubhouse, Fitness Center, Pool, Sport Court(s)/Facility, Storage, Tennis Court(s)
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 14, 2026 | Price Decrease | $239,900−$10,000 (−4%) | −$10,000 (−4%) |
| Sep 3, 2026 | Price Decrease | $249,900−$19,100 (−7.1%) | −$19,100 (−7.1%) |
| Aug 14, 2026 | New Listing | — |
Taxes
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
$1,792 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $1,792
- Principal & interest
- $1,213
- Property taxes
- $379
- Homeowners insurance
- $200
*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 | $191,920 | $2,145 | $12,412 | $189,775 | |
| 2 | $189,775 | $2,289 | $12,268 | $187,486 | |
| 3 | $187,486 | $2,442 | $12,115 | $185,044 | |
| 4 | $185,044 | $2,606 | $11,951 | $182,438 | |
| 5 | $182,438 | $2,780 | $11,777 | $179,658 | |
| 6 | $179,658 | $2,966 | $11,590 | $176,692 | |
| 7 | $176,692 | $3,165 | $11,392 | $173,527 | |
| 8 | $173,527 | $3,377 | $11,180 | $170,150 | |
| 9 | $170,150 | $3,603 | $10,954 | $166,547 | |
| 10 | $166,547 | $3,844 | $10,712 | $162,702 |
- Year 1$189,775
- Principal paid
- $2,145
- Interest paid
- $12,412
- Starting balance
- $191,920
- Year 2$187,486
- Principal paid
- $2,289
- Interest paid
- $12,268
- Starting balance
- $189,775
- Year 3$185,044
- Principal paid
- $2,442
- Interest paid
- $12,115
- Starting balance
- $187,486
- Year 4$182,438
- Principal paid
- $2,606
- Interest paid
- $11,951
- Starting balance
- $185,044
- Year 5$179,658
- Principal paid
- $2,780
- Interest paid
- $11,777
- Starting balance
- $182,438
- Year 6$176,692
- Principal paid
- $2,966
- Interest paid
- $11,590
- Starting balance
- $179,658
- Year 7$173,527
- Principal paid
- $3,165
- Interest paid
- $11,392
- Starting balance
- $176,692
- Year 8$170,150
- Principal paid
- $3,377
- Interest paid
- $11,180
- Starting balance
- $173,527
- Year 9$166,547
- Principal paid
- $3,603
- Interest paid
- $10,954
- Starting balance
- $170,150
- Year 10$162,702
- Principal paid
- $3,844
- Interest paid
- $10,712
- Starting balance
- $166,547
Nearby
Courtesy of Central Metro Realty · (512) 454-6873
Listings courtesy of ACTRIS as distributed by MLS GRID.