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ActiveMLS #7377461

3404 American DR # 3226, Lago Vista TX 78645

Lago Vista, TX 78645 · Island On Lake Travis Condominium

Condominium for sale in Island On Lake Travis Condominium

1Bedrooms
1Bathrooms
492Square Ft
0.10Acres
1Garage
1987Year Built
Price Reduced
1 / 40
$185,000$195,000

Overview

Property Description

Wonderful one bedroom one bath condo (Corsica Floor Plan) At the Island On Lake Travis. Conveniently located in BLDG 3 with bright windows opening to the charming courtyard and all amenities nearby. Nicely updated unit with travertine marble floors, large windows, open kitchen w/ granite counters & breakfast bar. The large enclosed bedroom offers a good sized walk-in closet & bright windows. The bathroom has been updated with a nice sized tiled walk in shower with multiple head shower system. The laundromat is conveniently located on the first floor of BLDG 3. This 14 acre gated community offers 2 full sized exterior lakeside pools & sun decks, hot tubs, outdoor sitting areas, tennis & pickle ball courts, EV chargers, boat ramp, available boat docks for rent, several beautifully landscaped courtyards & pet potty areas. There are also amazing indoor amenities like the huge fitness center (gym, his & her bathrooms, sitting areas, locker rooms, saunas), large indoor spa & pool and even a small shop for lakeside necessities. There is also the onsite restaurant Island Bar and Grill and the onsite spa Water Vida Spa. The condo is currently licensed as a short term rental and would make a great investment opportunity as a primary residence, nice lakeside getaway or short/long term rental as STR's are allowed. You will easily find the parking spot and storage closet as they are in the covered parking area under BLDG 3 and the spots have a reserved for unit 3226 sign in front of them. All of the Lago Vista amenities, shopping, medical etc are a short distance away with everything easily accessible. Please reach out with any questions.

Financial Info
Price
$185,000
$ / Sqft
$376
HOA
Yes - Mandatory / $280 / Monthly
HOA Name
Island on Lake Travis
HOA Includes
Common Area Maintenance, Landscaping, Maintenance Grounds
Tax Rate
2.0834%
Est. Taxes
$5,071
Tax Year
2025
Exemptions
None
Legal Info
Address
3404 American DR # 3226
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Island On Lake Travis Condominium
Legal Description
UNT 3226 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .2356 % INT IN COM AREA
Parcel
01689004880000
Interior Features
Floor
Tile
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters
Appliances
Refrigerator
Laundry
Common Area, Main Level
Master Bed
Primary Bedroom on Main
Master Main
Yes
Interior Features
Breakfast Bar, Ceiling Fan(s), Granite Counters, No Interior Steps, Primary Bedroom on Main, None, Blinds, Drapes
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
492 / Public Records
Garages
1
Garage Desc
Assigned, Community Structure, Concrete, Covered, Garage, Gated, Lighted, Storage, Underground
Foundation
Slab
Roof
Metal, Mixed
Construction
Stucco
Acres
0.10
Lot Description
None
Restrictions
Covenant, Deed Restrictions
Flood Plain
Partial, Yes-100 yr
View
None
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Internet-Cable, Sewer Connected, Underground Utilities
Heat
Central
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Partial, Wrought Iron
Exterior Features
Boat Dock - Shared, Uncovered Courtyard, Exterior Steps, Outdoor Grill, Private Entrance, Restricted Access, Sport Court, Tennis Court(s), None
Pool On Property
No
Area Amenities
BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Covered Parking, Dog Park, Fitness Center, Garage Parking, Gated, High Speed Internet, Hot Tub Community, Lake, Laundry Facility(s), Pet Amenities, Picnic Area, Pool, Restaurant, Spa/Hot Tub, Sport Court(s)/Facility, Storage, Tennis Court(s)

Rooms

Rooms3 rooms

Main level

  • Kitchen

    Breakfast Bar, GranCnt

  • Primary Bathroom
  • Primary Bedroom

    Ceiling Fan(s), Walk-In Closet(s)

Price history

Members only
Days on market
−$10,000 (−5.1%)
$195,000 → $185,000
1
Price reduction
Active
Since Oct 27, 2025
Price trend
List priceOct 2025May 2026
Property history2 events
DateEventPriceChange
May 19, 2026Price Decrease$185,000−$10,000 (−5.1%)
Oct 27, 2025New 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 $185,000
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

$1,512 / mo

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

Estimated monthly payment $1,512

Principal & interest
$935
Property taxes
$423
Homeowners insurance
$154

*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$148,000$1,654$9,571$146,346
2$146,346$1,765$9,461$144,581
3$144,581$1,883$9,342$142,698
4$142,698$2,009$9,216$140,688
5$140,688$2,144$9,082$138,544
6$138,544$2,288$8,938$136,257
7$136,257$2,441$8,785$133,816
8$133,816$2,604$8,621$131,212
9$131,212$2,779$8,447$128,433
10$128,433$2,965$8,261$125,469
  • Year 1$146,346
    Principal paid
    $1,654
    Interest paid
    $9,571
    Starting balance
    $148,000
  • Year 2$144,581
    Principal paid
    $1,765
    Interest paid
    $9,461
    Starting balance
    $146,346
  • Year 3$142,698
    Principal paid
    $1,883
    Interest paid
    $9,342
    Starting balance
    $144,581
  • Year 4$140,688
    Principal paid
    $2,009
    Interest paid
    $9,216
    Starting balance
    $142,698
  • Year 5$138,544
    Principal paid
    $2,144
    Interest paid
    $9,082
    Starting balance
    $140,688
  • Year 6$136,257
    Principal paid
    $2,288
    Interest paid
    $8,938
    Starting balance
    $138,544
  • Year 7$133,816
    Principal paid
    $2,441
    Interest paid
    $8,785
    Starting balance
    $136,257
  • Year 8$131,212
    Principal paid
    $2,604
    Interest paid
    $8,621
    Starting balance
    $133,816
  • Year 9$128,433
    Principal paid
    $2,779
    Interest paid
    $8,447
    Starting balance
    $131,212
  • Year 10$125,469
    Principal paid
    $2,965
    Interest paid
    $8,261
    Starting balance
    $128,433
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.