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$395,000 Just Listed
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Property Description
OWNER FINANCING AVAILABLE AT BELOW MARKET RATES! 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.
Full Property Details
Full Property Details for 3404 American Dr #3202
General
- Price: $395,000
- HOA FEE: $696/month
- Taxes: $7,470 (2026)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 7029733
- Updated: 7/2/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Dry Bar, Double Vanity, Entrance Foyer, Elevator, Granite Counters, Main Level Primary, Pantry, Recessed Lighting, Storage, Soaking Tub, Smart Thermostat, Bar, Walk-In Closet(s), High Speed Internet
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood Burning
- Appliances: Built-In Electric Oven, Built-In Electric Range, Cooktop, Dryer, Dishwasher, Electric Oven, Electric Range, Freezer, Disposal, Ice Maker, Microwave, Oven, Self Cleaning Oven, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Common Area, In Kitchen, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: Barbecue, Bicycle Storage, Common Grounds/Area, Clubhouse, Community Mailbox, Courtyard, Conference/Meeting Room, Fitness Center, Fishing, Gated, Internet Access, Lake, Laundry Facilities, Maintenance On-Site, Park, Property Manager On-Site, Pool, Planned Social Activities, Restaurant, Sauna, Sport Court(s)
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Spa: Yes
- Spa Description: Community, Hot Tub
- Security/Safety: Fire Alarm, Fire Sprinkler System, Key Card Entry, Smoke Detector(s), Security Guard, Controlled Access
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Covered, Patio, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Garage, Gated, Covered, Electric Vehicle Charging Station(s), Guest
Location
- Area: LN
- County: Travis
- Subdivision: Island On Lake Travis Condomin
- Driving Directions: From the corner of FM 1431 and Lohman Ford Rd in Lago Vista, head South on Lohman Ford Rd for approximately 3 miles. Turn (R) on Boggy Ford, Veer (R) at the "Y" & stay on Boggy Ford to American Dr. Turn (R) on American Dr. and continue to Stop Sign. The Island on Lake Travis Entrance is directly past the Stop Sign.
- Direction Faces: Northwest
School Information
- Elem School District: Lago Vista ISD
- Midd School District: Lago Vista ISD
- High School District: Lago Vista ISD
- Elementary School: Lago Vista
- Middle School: Lago Vista
- High School: Lago Vista
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: The Island on Lake Travis COA
- Assoc. Fees Include: Common Area Maintenance, Cable TV, Electricity, Insurance, Internet, Maintenance Grounds, Sewer, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Heat Pump, Propane
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Composition
- Windows: Aluminum Frames
- Stories/Levels: 1
- Square Feet: 1,188
- Sq. Ft. Source: Public Records
- Living Area: 1,188 Sq. Ft.
- Year Built: 1987
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Garage(s), Storage, Tennis Court(s)
Lot Features
- Property View: Lake, Panoramic
- Lot Size (Acres): 0.2426
- Lot Size (Sq. Ft.): 10,567.66
- Lot Features: Landscaped, Level, Views
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Travis
- Water Front Desc.: Lake Front
- Lake Front: Yes
Financial Considerations
- Association Fee: $696
- Assoc Fee Freq.: Monthly
- Assessment Amount: $350,613
- Tax Amount: $7,470.63
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, Fannie Mae, Lender Approval, Owner May Carry
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: HOA Documents, Survey
- Legal Description: UNT 3202 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .5688 % INT IN COM AREA
- Disclosures/Reports: Seller Disclosure
- Property ID: 1689004640000
- Lot Number: 3202
Listed by Hill Country Lakes Realty
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Schools
Schools serving 3404 American Dr #3202
School District:Lago Vista Independent School District
| Name | Grades | Distance |
|---|---|---|
Lago Vista Elementary School 20311 Dawn Drive, Lago Vista, TX 78645 | K-3 | 2.5 mi |
Lago Vista Intermediate School 20801 Fm 1431, Lago Vista, TX 78645 | 4-5 | 3.8 mi |
Lago Vista Middle School 8039 Bar K Ranch Road, Lago Vista, TX 78645 | 6-8 | 3.8 mi |
Lago Vista High School 5185 Lohman Ford Road, Lago Vista, TX 78645 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3404 American Dr #3202
Date
Details
Price
Change
Source
7/02/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3404 American Dr #3202
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,860
—
$417,987
-2%
2024
$8,852
-19%
$427,089
-7%
2022
$10,890
—
$459,683
-7%
2022
$10,890
53%
$495,273
71%
2021
$7,104
—
$289,339
2%
2020
$7,104
-2%
$282,939
—
2020
$7,285
42%
$282,939
43%
2018
$5,119
9%
$197,685
9%
2017
$4,717
2%
$180,876
10%
2017
$4,638
18%
$164,433
7%
2015
$3,939
-8%
$153,973
-12%
2013
$4,277
—
$174,224
10%
2013
$4,277
—
$158,794
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3404 American Dr #3202
3404 American Drive #3202, Lago Vista, TX 78645 (MLS# 7029733) is a Condo property with 2 bedrooms and 2 full bathrooms. 3404 American Drive #3202 is currently listed for $395,000 and was received on July 02, 2026. Want to learn more about 3404 American Drive #3202? Do you have questions about finding other Condo real estate for sale in Lago Vista? You can browse all Lago Vista real estate or contact a Coldwell Banker agent to request more information.

