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ActiveMLS #4106490

3404 American DR # 3311, Lago Vista TX 78645

Lago Vista, TX 78645 · Island On Lake Travis Condomin

Condominium for sale in Island On Lake Travis Condomin

2Bedrooms
2Bathrooms
1,001Square Ft
0.20Acres
1Garage
1987Year Built
Price Reduced
1 / 38
$349,000$375,000

Overview

Property Description

This Villa comes with a 28 foot Covered boat slip Welcome to luxury lakefront living at The Island on Lake Travis! This beautifully updated, fully furnished 2-bedroom, 2-bath condominium is truly move-in ready—just bring your clothes and start enjoying the resort lifestyle. One of the community's most desirable and unique floor plans, Unit 3311 features a rare two-story layout with a private upstairs suite complete with a spacious bedroom and full bath, offering added privacy for guests or family. The thoughtfully updated interior combines comfort and style, making it ideal as a full-time residence, weekend getaway, or vacation investment. A 28-foot covered boat slip is included with the sale, providing easy access to Lake Travis for boating, fishing, paddleboarding, or simply enjoying life on the water. The Island offers an unmatched collection of resort-style amenities set on a private 13-acre waterfront peninsula. Residents enjoy three swimming pools, including a heated indoor lap pool, hot tubs, a dry sauna, a fully equipped fitness center, a day spa, lighted tennis and pickleball courts, beautifully landscaped grounds, waterfront access, marina facilities, fishing areas, picnic and grilling spaces, and an on-site restaurant. Whether you're sipping your morning coffee overlooking the lake, spending the afternoon on the water, or relaxing by the pool after a day of adventure, Unit 3311 offers the perfect blend of comfort, convenience, and luxury. Opportunities to own one of these rare two-story units with an included covered boat slip are few and far between. Come experience waterfront living at its very best at The Island on Lake Travis.

Financial Info
Price
$349,000
$ / Sqft
$349
HOA
Yes - Mandatory / $586.4 / Monthly
HOA Name
Island on Lake Travis
HOA Includes
Cable TV, Common Area Maintenance, Hot Water, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Trash
Tax Rate
2.4%
Est. Taxes
$7,386
Tax Year
2025
Exemptions
None
Legal Info
Address
3404 American DR # 3311
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Island On Lake Travis Condomin
Legal Description
UNT 3311 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .4793 % INT IN COM AREA
Parcel
01689004990000
Interior Features
Floor
Tile, Vinyl
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters
Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Refrigerator, Vented Exhaust Fan, Washer/Dryer, Gas Water Heater, Tankless Water Heater
Laundry
In Kitchen, Laundry Closet, Laundry Room
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Granite Counters, Double Vanity, Elevator, French Doors, High Speed Internet, Primary Bedroom on Main, Soaking Tub, Walk-In Closet(s), Fire Alarm, Security Lights, Smoke Detector(s), Window Treatments
General Info
Beds
2 Total / 1 Main Level / 1 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Condominium
Stories
2
Year Built
1987 / Resale
Square Feet
1,001 / Public Records
Garages
1
Garage Desc
Garage, Gated, Reserved
Foundation
Pillar/Post/Pier, Slab
Roof
Composition, Metal
Construction
Masonry – All Sides, Stucco
Acres
0.20
Lot Description
Level, Sprinkler - Automatic, Sprinkler - Rain Sensor, Trees-Large (Over 40 Ft)
Restrictions
City Restrictions, Covenant, Deed Restrictions
Flood Plain
Yes-100 yr
View
Hill Country, Lake, Panoramic, River
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Internet-Cable, Phone Available, Underground Utilities
Heat
Heat Pump
A C
Central Air, Other
Exterior Features
Fence
Fenced, Partial, Wrought Iron
Exterior Features
Balcony, Basketball Court, Boat Dock - Private, Boat Dock - Shared, Boat Slip, Sport Court, Tennis Court(s), See Remarks, Covered, Patio
Pool On Property
No
Area Amenities
BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Courtyard, Covered Parking, Fitness Center, Garage Parking, Gated, High Speed Internet, Hot Tub Community, Lake, Pool, Spa/Hot Tub, Tennis Court(s)

Price history

Members only
Days on market
−$26,000 (−6.9%)
$375,000 → $349,000
2
Price reductions
Active
Since Mar 6, 2026
Price trend
List priceMar 2026Aug 2026
Property history3 events
DateEventPriceChange
Aug 3, 2026Price Decrease$349,000−$25,000 (−6.7%)
May 20, 2026Price Decrease$374,000−$1,000 (−0.3%)
Mar 6, 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 $349,000
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

$2,672 / mo

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

Estimated monthly payment $2,672

Principal & interest
$1,765
Property taxes
$616
Homeowners insurance
$291

*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$279,200$3,121$18,056$276,079
2$276,079$3,330$17,847$272,750
3$272,750$3,553$17,624$269,197
4$269,197$3,791$17,386$265,406
5$265,406$4,044$17,132$261,362
6$261,362$4,315$16,861$257,047
7$257,047$4,604$16,572$252,442
8$252,442$4,913$16,264$247,529
9$247,529$5,242$15,935$242,288
10$242,288$5,593$15,584$236,695
  • Year 1$276,079
    Principal paid
    $3,121
    Interest paid
    $18,056
    Starting balance
    $279,200
  • Year 2$272,750
    Principal paid
    $3,330
    Interest paid
    $17,847
    Starting balance
    $276,079
  • Year 3$269,197
    Principal paid
    $3,553
    Interest paid
    $17,624
    Starting balance
    $272,750
  • Year 4$265,406
    Principal paid
    $3,791
    Interest paid
    $17,386
    Starting balance
    $269,197
  • Year 5$261,362
    Principal paid
    $4,044
    Interest paid
    $17,132
    Starting balance
    $265,406
  • Year 6$257,047
    Principal paid
    $4,315
    Interest paid
    $16,861
    Starting balance
    $261,362
  • Year 7$252,442
    Principal paid
    $4,604
    Interest paid
    $16,572
    Starting balance
    $257,047
  • Year 8$247,529
    Principal paid
    $4,913
    Interest paid
    $16,264
    Starting balance
    $252,442
  • Year 9$242,288
    Principal paid
    $5,242
    Interest paid
    $15,935
    Starting balance
    $247,529
  • Year 10$236,695
    Principal paid
    $5,593
    Interest paid
    $15,584
    Starting balance
    $242,288
First 10 of 30 years

Nearby

Courtesy of Coplin Properties Lake Travis · (512) 267-2773

Listings courtesy of ACTRIS as distributed by MLS GRID.