
*$22k price improvement* Lake Travis is FULL—and this is your opportunity to own a turnkey waterfront retreat before the season slips away. Enjoy endless days on the water with the option to purchase a 26' private boat slip for an additional $25,000, or generate income with this beautifully updated 2-bedroom, 2-bath waterfront condo featuring a proven STR history. Due to unique circumstances within the condo community, the seller prefers cash offers and has priced this property aggressively for a quick sale. Professionally managed with documented short-term rental financials available upon request, this fully furnished, lock-and-leave condo at The Island on Lake Travis is ready for immediate enjoyment or investment. This spectacular east-facing unit offers beautiful waterfront views with comfortable afternoon shade and features fresh interior paint, updated indoor and outdoor furnishings, granite countertops, hardwood and tile flooring throughout with no carpet, crown molding, and a spacious primary suite with a soaking tub and separate shower. The thoughtfully designed floor plan comfortably sleeps up to six guests, making it ideal as both a personal retreat and an income-producing property. Located in the highly desirable second phase of The Island, residents enjoy resort-style amenities including an active community center, 3 swimming pools (including an indoor lap pool, currently closed), 3 hot tubs, a dry sauna, tennis courts, a fitness center, a full-service spa, an on-site restaurant, and direct access to all that Lake Travis has to offer. Spend your days boating, surfing, swimming, and relaxing on the water with the convenience of the optional 26' boat slip, available for purchase outside of the condo sale. Both the condo and the boat slip may be rented as STRs in accordance with The Island COA regulations.
Property Type
Residential
Year Built
1987
Lot Size
0.24 acres
$/Sq Ft
$199
HOA
$692.35/mo
Garage
2 spaces
Pool
Yes
Listed by The Marye Company
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
3404 American DR Unit #2106 is listed at $235,000 with 2 bedrooms, 2 full bathrooms, 1,182 square feet, 0.24-acre lot.
3404 American DR Unit #2106 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 #2106 is in Island On Lake Travis Condomin, Austin, Texas.
3404 American DR Unit #2106 is a Residential built in 1987 featuring 2 bedrooms, 2 full bathrooms, 1,182 square feet, 0.24-acre lot.
3404 American DR Unit #2106 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
Price Change 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 |
|---|---|---|---|---|
2025-13.7% | — | $309,812 | — | $2 |
2024+1.1% | — | $358,813 | $73,157 | $244,171 |
2023+49.6% | — | $355,000 | $73,157 | $274,725 |
2022+23.6% | — | $237,319 | $73,157 | $334,812 |
2021 | — | $192,000 | $84,088 | $153,231 |
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% ($47K)
$235,000
Luxury property intelligence
A sourced read on Island On Lake Travis Condomin pricing, timing, and property scale. No automated valuation claim.
List price
$235,000
Price per sqft
$199/sqft
Vs. Island On Lake Travis Condomin median
Not available
Days on market
131 days
Original to current
$52K reduction
$287K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 31, 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
3404 American DR Unit #2106 is priced at $199 per square foot across 1,182 sqft.
The most recent annual property tax for 3404 American DR Unit #2106 is $6,601. 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 ($47,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3404 American DR Unit #2106 is around $1,769 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $235,000, 3404 American DR Unit #2106 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 #2106 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
3404 American DR Unit #2106 includes verified waterfront access: Lake Front. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3404 American DR Unit #2106 is part of a managed community with HOA dues of $692 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.
8 events on record
Current Price
$235,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.7% | — | $309,812 | — | $2 |
2024+1.1% | — | $358,813 | $73,157 | $244,171 |
2023+49.6% | — | $355,000 | $73,157 | $274,725 |
2022+23.6% | — | $237,319 | $73,157 | $334,812 |
2021 | — | $192,000 | $84,088 | $153,231 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Island On Lake Travis Condomin
Active listings near 3404 American DR Unit #2106
Recent sales for market context