3404 American DR 3314, Lago Vista, TX 78645
Island On Lake Travis Condomin · Travis County
Key Facts
Description
Incredible investment opportunity awaits! The Island on Lake Travis condo community is located on 14 acres and is truly impeccable from it’s waterfront views of Lake Travis, alluring Mediterranean architecture, and all of the resort-style amenities it has to offer including 2 outdoor pools with hot tubs situated right against the lake, 1 indoor pool and hot tub, a fitness center, a salon/spa with sauna access, a restaurant, picnic/grilling areas, docks/boat ramps, tennis courts, and courtyards that will make you feel as though you’re strolling through Europe. This particular unit offers an open layout, granite countertops, vinyl/tile flooring (no carpet), a full bath with a large walk-in shower, and plenty of storage space. If you’re looking to make an even stronger investment, you can reap the benefits of purchasing 4 units, fully furnished, plus a boat slip to really build out your portfolio. Short-term rentals are allowed and you and your guests can enjoy the security of private, gated access and assigned covered parking located under the building. This premier location is just across from Pace Bend Park and a quick drive away from the Lago Vista Country Club. This property is truly a unique Austin gem that you’re sure to fall in love with upon arrival!
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
3rd+ Floor Entry
Year Built
1987
Living Area
426 sq ft
Lot Size
0.09 acres
Garage Spaces
1
Parking Spaces
1
Ownership
Common
Days on Market
48
MLS® Listing#
5374935
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Lago Vista
- Middle:
- Lago Vista
- High:
- Lago Vista
Financial Details
HOA
$250 / Monthly
Island on Lake Travis COA
Annual Taxes
$3,000
Tax year 2025
Assessed Value
$140,808
Parcel Number
01689005030000
Directions
From Austin, exit onto FM-1431 toward Cedar Park, in .3 miles turn left onto E. Whitestone Blvd., in 12 miles turn left onto Lohman's Ford Rd., in 3.1 miles turn right onto Boggy Ford Rd., in 2.5 miles turn right onto Poe Cove, in .2 miles turn left on Pershing Ave., in .2 miles turn right onto American Dr., in .4 miles you will be at the entry gate.
Affordability Calculator
$36,000
Estimated monthly payment
$958/mo
Principal $144,000 · Est. interest $200,893 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lago Vista, TX
- $466,393
- Median Listing Price
- 87
- Median Days on Market
- 1,987
- Median Sq Ft
- $229
- Median Price / Sq Ft
- 345
- Active Listings
- This home’s price is 61% below the area median.
- Its price per sq ft is 85% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lago Vista, TX.
Location
Points of Interest in Lago Vista, TX
Showing the Lago Vista area map.
Nearby Schools
Lago Vista Elementary School
Elementary · 2.4 mi away
Lago Vista H S
Secondary · 2.5 mi away
Lago Vista Academy
School · 2.6 mi away
Lago Vista Middle School
Secondary · 3.8 mi away
Lago Vista High School
Secondary · 3.8 mi away
Lago Vista Isd
Elementary · 3.8 mi away
Bee Loved Preschool
School · 5.1 mi away
The Magnolia School
School · 6.0 mi away
Hudson Bend Middle School
Secondary · 6.1 mi away
Lupine Lane
School · 6.3 mi away
Little Sunshines Playhouse
School · 6.3 mi away
Serene Hills Elementary
Elementary · 6.5 mi away
Lake Travis Independent School District
Elementary · 6.5 mi away
Lakeway Elementary School
Elementary · 6.6 mi away
Lake Travis Elementary School
Elementary · 6.6 mi away
Bluebonnet Montessori School
Elementary · 6.7 mi away
Primrose Schools
Elementary · 6.9 mi away
West Cypress Hills Elementary School
Elementary · 7.3 mi away
Acton Academy Bee Cave
School · 7.4 mi away
Goddard School
School · 8.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4001 Nasa Parkway 232, El Lago, TX | $135,000 | 2 | 2 | 1,085 |
| 1919 American DR A 123, Lago Vista, TX | $149,900 | 1 | 2 | 744 |
| 21401 Coyote TRL, Lago Vista, TX | $149,900 | 3 | 2 | 1,120 |
| 21461 Coyote TRL 3, Lago Vista, TX | $150,000 | 2 | 2 | 896 |
| 1161 Davis CT Court, Rio Vista, TX | $150,000 | 2 | 1 | 720 |
| 5801 Thunderbird ST B-22, Lago Vista, TX | $150,000 | 2 | 2 | 1,027 |
Moving Cost Estimate
EXIT Agents in Lago Vista
Listing Courtesy: Redfin Corporation - (512) 710-0156
Last Updated: 2026-03-11