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3404 American Dr Unit 2306

Lago Vista, TX 78645

2 beds
2 baths
1,188 sqft
10,567 sqft lot
$273 per sqft
1987 build
– on site

Welcome to this beautifully renovated, Designer fully furnished 2 bed/2 bath condo on the Island on Lake Travis. This Unit is a golden opportunity for investors with having already secured lease until March 2025. Unit #2306 is a rare, coveted penthouse unit with vaulted ceilings. It lives much larger than similar units. You will enjoy a multi-million dollar waterfront lifestyle for a fraction of the cost. The Island on Lake Travis is a 212-villa gated community with all the amenities you could wish for. Private marina, large indoor pool, 2 outdoor pools, Jacuzzis and saunas, tennis courts, shuffleboard courts, numerous outdoor courtyards, lakeside seating, community BBQ Pit/grill, fitness center, picnic areas, bike storage, spa, sporting goods rental shop and private lounge for events with bar on site. Close to the Lago Vista Country Club and Pace Bend Park is accessible directly across the lake via kayak, paddleboard or boat. This unit is move-in ready. It includes granite countertops, in-unit washer and dryer, expansive balconies for great summer BBQ and enjoying the Lake Travis lifestyle. This unit also includes 2 reserved parking spaces and an owners storage closet in the covered garage. (Use the gate code to access the gym, spa, pool, rental shop, but add a # at the end. ) SHORT TERM RENTALS ARE ALLOWED. This unit has been preserved and used by a private owner. Fantastic rental potential. There is an optional brand new boat slip(2021 construction) in a private owners-only marina which can be included with additional price

Listing courtesy of ABOR / Gary Bisha / My Castle Realty

Last checked: Checking… • Last updated Sep 4, 2024 •

MLS# 8147433 —

The Building

Year Built:

1987
New Construction:

false
Levels:

One
Unit Number:

2306
Unit Style:

3rd+ Floor Entry
Foundation:

Concrete Perimeter
Roof:

Mixed
Exterior Features:

Balcony
Window Features:

Drapes
Patio And Porch Features:

None
Accessibility Features:

Accessible Washer/Dryer
Direction Faces:

SE

Interior

Interior Features:

2 Primary Baths
Living:

1
Dining:

1
Flooring:

Laminate
Laundry Location:

Common Area

Room Dimensions

Living Area:

1188
Living Area Source:

Public Records

Location

Directions:

WEST ON 1431,LEFT ON LAHMAN FORD, RIGHT ON BOGGY FORD, RIGHT ON AMERICAN DRIVE TO SECURITY GATE.
Latitude:

30.440441
Longitude:

-98.020526

The Property

Property Type:

Residential
Subtype:

Condominium
Property Condition:

Resale
Parcel Number:

01689004240000
Lot Features:

Close to Clubhouse
Lot Size Acres:

0.2426
Lot Size Area:

0 Sqft
Lot Size SqFt:

10567.66
SqFt Total:

1188
View:

Garden
Waterfront:

true
Waterfront Features:

Lake Front
Water Body Name:

Colorado River
Horse:

false
Fencing:

None
Other Structures:

Pool House
Property Attached:

true
FEMA Flood Plain:

Yes-100 yr

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

9127.5

Beds

Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Tenant

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Lago Vista
Elementary School District:

Lago Vista ISD
Middle Or Junior School:

Lago Vista
Middle Or Junior School District:

Lago Vista ISD
High School:

Lago Vista
High School District:

Lago Vista ISD

The Community

Subdivision Name:

Island On Lake Travis Condomin
Community Features:

BBQ Pit/Grill
Pool Private:

false
Pool Features:

None
Association:

true
Association Name:

IOLT
Association Fee:

$702
Association Fee Paid:

Monthly
Association Fee Includes:

Cable TV

Parking

Parking Features:

Additional Parking
Covered Spaces:

2
Garage:

false
Attached Garage:

true
Garage Spaces:

2

Extra Units

Additional Parcels:

false

Monthly cost estimate

Asking price

$325,000

Expense	Monthly cost
Mortgage	$1,740
Taxes	$760
Insurance	$89
HOA fees	$702
Utilities	$122 See report
Total	$3,413/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
9/3/24 Sep 3, 2024	Listed / Active	ABOR	$325,000

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This condo located in Lago Vista, TX 78645 is currently for sale for $325,000. 3404 American Dr Unit 2306 is a 1,188 square foot condo with 2 beds and 2 baths that has been on Estately for 82 days. This condo is in the attendance area of Lago Vista High School, Lago Vista Elementary School, and Lago Vista Middle School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.