3404 American Drive, Unit 2306

Lago Vista, TX 78645

$395,000
Price
2
Beds
2
Baths
1,188 Sq. Ft.
$332 / Sq. Ft.
1,188
Sq. Ft.
$332
per Sq. Ft.

Description

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...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
  1. Listed by Gary Bisha • TREC #0508227 • My Castle Realty • (713) 683-0054

Property Details for 3404 American Drive, Unit 2306

Subdivision Name
Island On Lake Travis Condomin
Waterfront
Yes
Waterfront Description
Lake Front, Lake Privileges, Waterfront
Water Access Description
Lake Front, Lake Privileges, Waterfront
View
Garden, Marina, River, Trees/Woods
View YN
Yes
Parcel Number
01689004240000
Tax Lot
2306

Location

Listing Courtesy of My Castle Realty, Gary Bisha, TREC #0508227
Add your commute
LISTING UPDATED: 02/28/2024 09:57 AM

Property Details for 3404 American Drive, Unit 2306

StatusActive
MLS #7400534
Days on Market62
Taxes$9,128 / year
HOA Fees$702 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1987
CountyTravis County

Location

Listing Courtesy of My Castle Realty, Gary Bisha, TREC #0508227
Add your commute

Building Information for 3404 American Drive, Unit 2306

Building/Complex3404 American DrFloor-Stories1Residences-Pet Policy-Year Built1987

Payment Calculator

$3,618 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,156

Property Taxes

$761

HOA Dues

$702

The Payment Calculator is for illustrative purposes only.

Property Information for 3404 American Drive, Unit 2306

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Additional Parking, Attached, Guest
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Main Level Master, No Interior Steps, Open Floorplan, Storage, High Speed Internet
  • Flooring: Laminate
  • Appliances: Dryer, Dishwasher
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: Washer Hookup
  • Restrictions: No Restrictions
Exterior
  • Exterior Features: Balcony, Boat Slip, Gas Grill
  • New Construction: No
  • Construction Materials: Concrete, Stone, Stucco
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: None, Balcony
  • Water Body Name: Colorado River
  • Roof: Mixed
  • Fencing: None
  • Direction Faces: Southeast
  • Window Features: Drapes
  • Accessibility Features: Accessible Washer/Dryer
  • Community Features: Barbecue, Bar/Lounge, Common Grounds/Area, Clubhouse, Courtyard, Dog Park, Fitness Center, Fishing, Gated, Internet Access, Lake, Laundry Facilities, Park, Property Manager On-Site, Pool, Sauna
Property Information
Lot Information
  • Lot Features: Close to Clubhouse
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available, Sewer Connected, Water Available
  • Water Source: Public
Green Features
  • Green Energy Efficient: Doors, Healthy Living Features
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: Main
  • Room Features: None
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Breakfast Area
Room 3
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: Bath in Primary Bedroom
Room 4
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: Walk-In Closet(s)
Room 5
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: Bath in Primary Bedroom
Room 6
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: Ceiling Fan(s)
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Unit 6
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: IOLT
  • Association Fee Includes: Cable TV, Internet, Sewer, Trash, Water
  • Tax Assessed Value: $451,265
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: .00%
Showing Information
Showing Information
  • Security Features: Fire Alarm, 24 Hour Security, Security Guard
  • Directions: WEST ON 1431,LEFT ON LAHMAN FORD, RIGHT ON BOGGY FORD, RIGHT ON AMERICAN DRIVE TO SECURITY GATE.

Property History for 3404 American Drive, Unit 2306

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3404 American Drive, Unit 2306

Taxable ValueLand$84,541Additions$366,724Total$451,265
Tax Record2022$6,893 ($574 / month)
Home Facts
Beds2Total Finished SqFt1,188 SqFtAbove Grade Finished SqFt1,188 SqFtStories1Lot Size10,568 SqFtStyleCondominiumYear Built1987CountyTRAVISAPN0168900424Fireplace TypeHas Fireplace

Schools near 3404 American Drive, Unit 2306

This home is within Lago Vista Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Lago Vista Elementary School
PublicPK to 3

Lago Vista Middle School
Public6 to 8

Lago Vista High School
Public9 to 12

Lago Vista Intermediate School
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3404 American Drive, Unit 2306 is a condo for sale in Lago Vista, TX 78645. This property was listed for sale on February 28, 2024 by My Castle Realty, it's currently listed at $395,000. It has been on the market for a total of 62 days and was last sold on April 27, 2022. This listing's school district is Lago Vista Independent School District. Nearby schools include Lago Vista Elementary School, Lago Vista Middle School and Lago Vista High School. 3404 American Drive, Unit 2306 is a 2-bed, 2-bath, 1,188 sqft condo built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of My Castle Realty, Gary Bisha, TREC #0508227

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.