
3 bed, 2 bath, 1,762 sqft on 0.36 acres in Lago Vista. Lago Vista, TX 78645. $535,000. Lago Vista ISD.
The sale includes a coveted 28-FOOT COVERED BOAT SLIP within the private marina, just a short walk from the condo, along with two covered parking spaces and a dedicated storage unit. SHORT TERM RENTALS ARE ALLOWED.
Perched in one of the most desirable locations at The Island on Lake Travis, this beautifully updated one-level 3-bedroom, 2-bath condominium offers unobstructed panoramic views of Lake Travis and Pace Bend Park across the water. Designed for effortless lock-and-leave living, the open-concept floor plan is filled with natural light and features two fireplaces—one in the living room and another in the primary suite—creating a warm and inviting atmosphere throughout. Additional features include an in-unit fire suppression system for added peace of mind.
The spacious kitchen is equipped with granite countertops, stainless steel appliances, and generous storage, while granite surfaces continue into both bathrooms for a cohesive, upscale finish. A walk-in laundry room adds everyday convenience. The covered patio captures breathtaking north-facing lake views, allowing for year-round outdoor enjoyment without the harsh western sun, while still offering spectacular sunset vistas.
Set on a private 13-acre island, this gated 212-villa waterfront community delivers true resort-style living with full lake access and exceptional amenities, including three swimming pools (featuring an indoor heated lap pool), a spa, dry sauna, fitness center, tennis court, two lighted pickleball courts, and an on-site restaurant. Located just minutes from Lago Vista Golf Course and directly across the lake from Pace Bend Park, this is waterfront living at its finest.
Verified property facts
3404 American DR Unit #1206 is listed at $535,000 with 3 bedrooms, 2 full bathrooms, 1,762 square feet, 0.36-acre lot.
3404 American DR Unit #1206 is zoned for Lago Vista ISD with assigned schools: Lago Vista (elementary), Lago Vista (middle), Lago Vista (high). School assignments should be verified directly with the district.
3404 American DR Unit #1206 is a Residential built in 1987 featuring 3 bedrooms, 2 full bathrooms, 1,762 square feet, 0.36-acre lot.
3404 American DR Unit #1206 is listed by Moreland Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
3404 American DR Unit #1206 is priced at $304 per square foot across 1,762 sqft.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 3404 American DR Unit #1206, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.5% | — | $458,619 | — | — |
2024+5.3% | — | $523,890 | $109,053 | $360,727 |
2023+53.3% | — | $497,324 | $109,053 | $398,542 |
2022-6.0% | — | $324,500 | $109,053 | $371,976 |
2021 | — | $345,330 | $125,348 | $199,152 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($107K)
Adjustable assumption - not a lending recommendation.
$535,000
Luxury property intelligence
A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.
List price
$535,000
Price per sqft
$304/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
141 days
Original to current
$15K reduction
$550K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 3404 American DR Unit #1206 is $8,786. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 3404 American DR Unit #1206. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 3404 American DR Unit #1206 is offered at $535,000. The current MLS snapshot shows 241 active listings in 78645. Keenan Group has completed 7 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.
3404 American DR Unit #1206 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 3404 American DR Unit #1206 as waterfront. The reported waterfront feature is Lake Privileges, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $1,126 monthly for 3404 American DR Unit #1206. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
8 events on record
Current Price
$535,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.5% | — | $458,619 | — | — |
2024+5.3% | — | $523,890 | $109,053 | $360,727 |
2023+53.3% | — | $497,324 | $109,053 | $398,542 |
2022-6.0% | — | $324,500 | $109,053 | $371,976 |
2021 | — | $345,330 | $125,348 | $199,152 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 531 Venture Blvd S | $450K |
| 18312 Lakeshore Pt | $275K |
| 18405 Lakeshore Pt | $325K |
| 8133 Breeze Way | $650K |
| 8414 Bronco Buster Trl | $275K |
Comparable homes that recently closed in this area
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Lago Vista
Active listings near 3404 American DR Unit #1206
Recent sales for market context