3404 American DR #2205, Lago Vista, TX — photo 1
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$199,000
1 beds1 baths842 sqft

3404 American DR #2205, Lago Vista TX 78645

MLS #239723757 · Redfin Corporation · Jade Young

Residential
Built in 1987
0.17 Acres Lot
$236/sqft
HOA $493 / monthly

About this home

Discover relaxed lakefront living at The Island on Lake Travis in Austin, TX. This thoughtfully designed 842-square-foot condo offers a wonderful opportunity to enjoy scenic waterfront surroundings along with a wide range of resort-style amenities. The private balcony provides a peaceful place to unwind while overlooking the community’s elegant fountain and the sparkling main body of Lake Travis. Inside, the bright and welcoming interior features an open layout that makes the most of the space. The kitchen includes granite countertops along with a refrigerator, freestanding range, and microwave, offering both style and functionality. Durable vinyl and tile flooring extend throughout the entire unit, providing a clean look with no carpet. The full bathroom features a spacious walk-in shower, and the condo offers generous storage for added convenience. The Island on Lake Travis sits on 14 beautifully maintained acres and is known for its charming Mediterranean-style architecture and incredible lake views. Residents and guests enjoy access to two outdoor pools with lakeside hot tubs, an indoor pool and spa, a fitness center, tennis courts, picnic and grilling areas, and private docks with boat ramps. The peaceful courtyards throughout the property create a relaxing atmosphere reminiscent of a European retreat. Additional amenities include gated security, assigned covered parking, an on-site restaurant, and a salon and spa with sauna access. Short-term rentals are allowed, making this property an excellent option for a vacation getaway, income-producing investment, or full-time residence. Investors may also have the rare opportunity to purchase four fully furnished units together. Located across from Pace Bend Park and just a short drive from Lago Vista Country Club, this condo offers an ideal blend of recreation, relaxation, and lakeside living on Lake Travis.

Property details

Property type
Residential · Condominium
Status
Active
Year built
1987
Full baths
1
Lot size
0.1719
MLS area
LN
MLS #
239723757

Features

Interior features

  • Breakfast Bar
  • Primary Bedroom on Main

Exterior features

  • Balcony

Additional details

Parking
See Remarks
Garage spaces
1
Roof
Membrane
Foundation
Pillar/Post/Pier
HOA
$493 / monthly
Annual tax
$5,425

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Schools

Assigned schools per the MLS.

School district
Lago Vista ISD
Elementary
Lago Vista
Middle
Lago Vista
High
Lago Vista

See Lago Vista ISD schools & boundaries →

Comparable homes near 3404 American DR #2205

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Getting around

Downtown Austin
20.4 mi
Austin-Bergstrom Airport
27 mi

Straight-line distance, not drive time.

Market insights

Compared with 521 active homes in ZIP 78645 · HomeLocating listings

Area median price
$489,000
This home vs. median
59% below
Homes with a price cut
42%

At $199,000, this home is priced 59% below the $489,000 median across 521 active homes in ZIP 78645, including other homes in Island On Lake Travis Condomin.

Estimated monthly payment

$2,034/mo
Principal & interest$1,006/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$199,000

Down payment

20% ($39,800)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Redfin Corporation · Jade Young

Listing data last updated Oct 2, 2026, 11:46 PM

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