
Incredible investment opportunity awaits! The Island on Lake Travis condo community is located on 14 acres and is truly impeccable from it’s waterfront views of Lake Travis, alluring Mediterranean architecture, and all of the resort-style amenities it has to offer including 2 outdoor pools with hot tubs situated right against the lake, 1 indoor pool and hot tub, a fitness center, a salon/spa with sauna access, a restaurant, picnic/grilling areas, docks/boat ramps, tennis courts, and courtyards that will make you feel as though you’re strolling through Europe. This particular unit offers an open layout, tile countertops, laminate/tile flooring (no carpet), a full bath with a large walk-in shower, and plenty of storage space. There is also a 24ft boat slip available to sell with the unit. If you’re looking to make an even stronger investment, you can reap the benefits of purchasing 4 units, fully furnished, plus a boat slip to really build out your portfolio. Short-term rentals are allowed and you and your guests can enjoy the security of private, gated access and assigned covered parking located under the building. This premier location is just across from Pace Bend Park and a quick drive away from the Lago Vista Country Club. This property is truly a unique Austin gem that you’re sure to fall in love with upon arrival!
Property Type
Residential
Year Built
1987
Lot Size
0.09 acres
$/Sq Ft
$505
HOA
$329.04/mo
Garage
1 spaces
Listed by Redfin Corporation
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
3404 American Dr Unit #1212 is listed at $215,000 with 1 bedrooms, 1 full bathrooms, 426 square feet, 0.09-acre lot.
3404 American Dr Unit #1212 is zoned for Lago Vista ISD with assigned schools: Lago Vista (6/10) (elementary), Lago Vista (6/10) (middle), Lago Vista (6/10) (high). School assignments should be verified directly with the district.
3404 American Dr Unit #1212 is in Island On Lake Travis Condomin, Austin, Texas.
3404 American Dr Unit #1212 is a Residential built in 1987 featuring 1 bedrooms, 1 full bathrooms, 426 square feet, 0.09-acre lot.
3404 American Dr Unit #1212 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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 |
|---|---|---|---|---|
2025-5.4% | — | $140,808 | — | — |
2024+6.3% | — | $148,879 | $26,377 | $122,538 |
2023+55.5% | — | $140,086 | $26,377 | $118,561 |
2022+2.1% | — | $90,104 | $26,377 | $109,768 |
2021 | — | $88,235 | $30,318 | $59,786 |
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. Ratings from GreatSchools.org.
20% ($43K)
$215,000
Luxury property intelligence
A sourced read on Island On Lake Travis Condomin pricing, timing, and property scale. No automated valuation claim.
List price
$215,000
Price per sqft
$505/sqft
Vs. Island On Lake Travis Condomin median
Not available
Days on market
143 days
Original to current
No verified reduction
$215K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 1, 2026.
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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 #1212 is $3,000. 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.
With 20% down ($43,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3404 American Dr Unit #1212 is around $1,366 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $215,000, 3404 American Dr Unit #1212 is in the Island On Lake Travis Condomin market where there are currently 257 active listings in 78645. The Keenan Group has completed 6 transactions in 78645 as part of 1,000+ career sales totaling $1B+ across Austin.
3404 American Dr Unit #1212 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
3404 American Dr Unit #1212 includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3404 American Dr Unit #1212 is part of a managed community with HOA dues of $329 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$215,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-5.4% | — | $140,808 | — | — |
2024+6.3% | — | $148,879 | $26,377 | $122,538 |
2023+55.5% | — | $140,086 | $26,377 | $118,561 |
2022+2.1% | — | $90,104 | $26,377 | $109,768 |
2021 | — | $88,235 | $30,318 | $59,786 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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