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Keenan Group#1 Austin Board of Realtors Team 2024

$410,000

2Beds
2Baths
1,188Sq Ft
0.24 acresLot

3404 American Dr Unit #1223, Lago Vista, TX 78645

Lago Vista·MLS# 1558498·Built 1987·13 days on market

2 bed, 2 bath, 1,188 sqft on 0.24 acres in Lago Vista. Lago Vista, TX 78645. $410,000. Lago Vista ISD.

About This Home

Wrapped in the blue embrace of Lake Travis, this Mediterranean escape feels worlds away from the everyday hustle. Perched on a private peninsula in the heart of the Hill Country, The Island offers a rare sense of seclusion where the air feels softer and the pace naturally slows. This fully furnished, turnkey two-bedroom condo captures the effortless elegance of a coastal resort, blending timeless architecture with the understated luxury of lakeside living. Whether envisioned as a high-performing short-term rental, a seasonal retreat, or a full-time residence, this is a place to fully immerse yourself in the lake lifestyle. The interior is designed to honor its surroundings, with expansive living areas that frame shimmering water views and draw the outdoors in. The kitchen is a social hub, featuring two distinct bar stations perfectly suited for hosting sunset cocktails or casual weekend brunches. The primary suite is a true retreat, offering private balcony access overlooking the water and a spa-inspired ensuite that rivals a luxury resort. Dressed in floor-to-ceiling marbled tile, the space invites you to unwind in the deep soaking tub or the glass-enclosed walk-in shower. Life here is defined by leisure and a vibrant sense of community. Within the gated grounds, you’ll find a collection of three pools—including an indoor option for year-round swimming—three bubbling hot tubs, and professional tennis courts overlooking the lake. Spend afternoons at the on-site marina, spa, or enjoy dinner at the restaurant just steps from your door, or gather at the lakeside BBQ areas. With two dedicated parking spaces and the convenience of in-unit laundry, every practical detail is managed, leaving you free to simply exist in the beauty of the setting. This is a rare opportunity to own a piece of Texas paradise that feels like a permanent vacation.

Property Type
Residential
Year Built
1987
Lot Size
0.24 acres
Price / Sq Ft
$345
HOA
$698/mo

Listing information last updated October 29, 2026.

Listed by Compass RE Texas, LLC

MLS# 1558498 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 0.24-acre lot
Bookcases
Breakfast Bar
Built-in Features
Ceiling Fan(s)
Chandelier

Facts & Features

Interior

Features

  • Bar
  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Dry Bar
  • High Speed Internet
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)

Appliances

  • Cooktop
  • Dishwasher
  • Disposal
  • Microwave
  • Oven
  • Electric Oven
  • Refrigerator
  • Stainless Steel Appliance(s)

Flooring

  • No Carpet
  • Tile
Heating
Central
Cooling
Ceiling Fan(s),Central Air
Fireplaces
1
Exterior & Lot

Features

  • Balcony
  • Exterior Steps

Construction

  • Stucco

Lot Features

  • Views

Foundation

  • Pillar
  • Post
  • Pier

Patio / Porch

  • Awning(s)
  • Covered
Roof
Membrane
Lot Size
0.24 Acres

Parking

  • Assigned
  • Reserved

Waterfront

  • Lake Front
Financial
HOA Fee
$698 / mo
Original List Price
$410,000
Price per Sq Ft
$345
Utilities
  • Cable Available
  • Electricity Connected
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 3404 American DR Unit #1223, whoever represented it.

  1. ActiveListed 2026
    Current price: $410,000Original list: $410,000MLS 1558498
    1. Listed · October 28, 2026$410,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$410,000
Original list
$410,000
Price movement
No verified reduction
Listed / DOM
Oct 28, 2026 · 13 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$429,116
Assessment Year
2025
Year Built
1987
Parcel ID
000000709434
$451K
$253K
$252,600
2021
$268,069
+6.1% from prev
2022
$427,795
+59.6% from prev
2023
$451,367
+5.5% from prev
2024
$429,116
-4.9% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-4.9%
—$429,116——
2024+5.5%
—$451,367$73,551$335,110
2023+59.6%
—$427,795$73,551$366,826
2022+6.1%
—$268,069$73,551$343,254
2021
—$252,600$84,541$183,528
5-Year Change69.9%

Virtual Tour

Virtual tour of 3404 American Dr Unit #1223
Map showing 3404 American DR Unit #1223
3404 American DR Unit #1223
Directions

Zoned Schools

Lago Vista ISD →

1 High School

Lago Vista

High SchoolGrades 9-12Zoned assignment

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.

Principal & interest
$2,222
HOA dues
$698

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-29T10:11:39.082+00:00; normalized from monthly dues.

Illustrative down payment

20% ($82K)

Adjustable assumption - not a lending recommendation.

Home price

$410,000

Loan: $328K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-05
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Keenan Market Position

A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.

List price

$410,000

Price per sqft

$345/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

13 days

Original to current

No verified reduction

$410K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 29, 2026.

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Frequently Asked Questions

How much is 3404 American Dr Unit #1223?

3404 American Dr Unit #1223 is listed at $410,000 with 2 bedrooms, 2 full bathrooms, 1,188 square feet, 0.24-acre lot.

What school district is 3404 American Dr Unit #1223 in?

3404 American Dr Unit #1223 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.

What are the property details for 3404 American Dr Unit #1223?

3404 American Dr Unit #1223 is a Residential built in 1987 featuring 2 bedrooms, 2 full bathrooms, 1,188 square feet, 0.24-acre lot.

What is the price per square foot at 3404 American Dr Unit #1223?

3404 American Dr Unit #1223 is priced at $345 per square foot across 1,188 sqft.

What are the property taxes for 3404 American Dr Unit #1223?

The most recent annual property tax for 3404 American Dr Unit #1223 is $7,471. 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.

How should a buyer estimate the monthly payment for 3404 American Dr Unit #1223?

This page does not assume a mortgage rate or publish a monthly payment for 3404 American Dr Unit #1223. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 3404 American Dr Unit #1223 compare with other homes in Lago Vista?

As of Oct 29, 2026, 3404 American Dr Unit #1223 is offered at $410,000. The current MLS snapshot shows 208 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.

When was 3404 American Dr Unit #1223 built?

3404 American Dr Unit #1223 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 3404 American Dr Unit #1223?

The MLS listing marks 3404 American Dr Unit #1223 as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 3404 American Dr Unit #1223?

The MLS listing reports HOA or association dues of $698 monthly for 3404 American Dr Unit #1223. 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.

Why Choose the #1 Austin Board Team for Lago Vista

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/29/2026, 5:11:39 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/29/2026, 5:11:39 AM

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