
**Professionally managed STR with rental performance of $16,712 in actual gross rental revenue in 2025, and projected 2026 gross rental revenue of $23,323—representing an approximately 40% year-over-year increase! Financials available upon request** 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 2BR/2BA waterfront condo featuring a proven STR history. This fully furnished, lock-and-leave condo is ready for immediate enjoyment or investment. Located on the 1st floor, #2106 is a spectacular east-facing unit that 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, 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. Due to unique circumstances within the condo community, the seller prefers cash offers and has priced this property aggressively for a quick sale.
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
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 listed by The Marye Company. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 10, 2026.
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Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
1 record on file
Every recorded listing, sale, and lease at 3404 American DR Unit #2106, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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)
Adjustable assumption - not a lending recommendation.
$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. Neighborhood guide reference price
Not available
Days on market
171 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 Sep 10, 2026.
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#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.
This page does not assume a mortgage rate or publish a monthly payment for 3404 American DR Unit #2106. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 10, 2026, 3404 American DR Unit #2106 is offered at $235,000. The current MLS snapshot shows 248 active listings in 78645. Keenan Group has completed 6 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.
3404 American DR Unit #2106 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 3404 American DR Unit #2106 as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $692 monthly for 3404 American DR Unit #2106. 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
$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.
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