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Keenan Group#1 Austin Board of Realtors Team 2024

$240,000

1Beds
1Baths
625Sq Ft
0.13 acresLot

3404 American Dr Unit #2200, Lago Vista, TX 78645

Reduced 11%$270,000
Lago Vista·MLS# 9496836·Built 1987·219 days on market

1 bed, 1 bath, 625 sqft on 0.13 acres in Lago Vista. Lago Vista, TX 78645. $240,000. Lago Vista ISD.

About This Home

Welcome to your lakeside retreat at The Island on Lake Travis in Austin, TX! This beautiful 625-square-foot condo with a 30 ft private boat slip offers an incredible opportunity to enjoy waterfront living with stunning views and outstanding resort-style amenities.

Step onto the private balcony and take in the gorgeous view overlooking the community’s elegant fountain and the main body of Lake Travis. Inside, the unit is bright and inviting with an open layout that maximizes the space. The kitchen features granite countertops along with a refrigerator, freestanding range, and microwave. Durable vinyl and tile flooring run throughout the condo with no carpet, and the full bathroom includes a spacious walk-in shower. The unit also offers generous storage for added convenience.

The Island on Lake Travis sits on 14 beautifully maintained acres and features stunning waterfront views, charming Mediterranean-style architecture, and an impressive list of amenities. Residents and guests can enjoy two outdoor pools with lakeside hot tubs, an indoor pool and spa, fitness center, tennis courts, picnic and grilling areas, boat ramps, and peaceful courtyards that feel like a stroll through Europe. The community also includes a salon and spa with sauna access, an on-site restaurant, private gated security, and assigned covered parking.

Short-term rentals are allowed, making this an excellent investment opportunity, vacation getaway, or full-time residence. For investors looking to expand their portfolio, there is also the rare opportunity to purchase four fully furnished units along with a boat slip.

Ideally located across from Pace Bend Park and just a short drive from Lago Vista Country Club, this condo offers the perfect blend of relaxation, recreation, and investment potential on Lake Travis.

Property Type
Residential
Year Built
1987
Lot Size
0.13 acres
Price / Sq Ft
$384
HOA
$366.06/mo
Pool
Yes

Listing information last updated September 2, 2026.

Listed by Redfin Corporation

MLS# 9496836 • Active

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

Highlights

Private pool and outdoor entertaining setup
Breakfast Bar
Primary Bedroom on Main
Dishwasher
Disposal
Microwave

Facts & Features

Interior

Features

  • Breakfast Bar
  • Primary Bedroom on Main

Appliances

  • Dishwasher
  • Disposal
  • Microwave
  • Free-Standing Range
  • Refrigerator

Flooring

  • Tile
  • Wood
Heating
Central,Heat Pump
Cooling
Central Air
Exterior & Lot

Construction

  • Stucco

Lot Features

  • Trees-Medium (20 Ft - 40 Ft)

Foundation

  • Pillar
  • Post
  • Pier
Roof
Membrane
Lot Size
0.13 Acres

Parking

  • Assigned
  • Garage
Pool
Yes

Waterfront

  • Lake Front
Financial
HOA Fee
$366 / mo
Original List Price
$270,000
Price per Sq Ft
$384
Utilities
  • 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 #2200, whoever represented it.

  1. ActiveListed 2026
    Current price: $240,000Original list: $270,000MLS 9496836
    1. Listed · March 16, 2026$270,000
    2. Price changed · September 2, 2026$240,000

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

Price Change with current price, original ask, and market time.

View Timeline
Current list
$240,000
Original list
$270,000
Price movement
$30K reduction
Listed / DOM
Mar 16, 2026 · 219 days

Tax Record

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

Assessed Value
$221,863
Assessment Year
2025
Year Built
1987
Parcel ID
000000709482
$281K
$158K
$158,352
2021
$162,026
+2.3% from prev
2022
$281,142
+73.5% from prev
2023
$239,871
-14.7% from prev
2024
$221,863
-7.5% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-7.5%
—$221,863——
2024-14.7%
—$239,871$38,685$197,096
2023+73.5%
—$281,142$38,685$195,405
2022+2.3%
—$162,026$38,685$236,676
2021
—$158,352$44,466$117,560
5-Year Change40.1%

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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
$1,329
HOA dues
$366

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 2026-10-17T10:07:25.038+00:00; normalized from monthly dues.

20% ($48K)

Adjustable assumption - not a lending recommendation.

$240,000

Loan: $192K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

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

List price

$240,000

Price per sqft

$384/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

219 days

Original to current

$30K reduction

$270K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.

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Frequently Asked Questions

How much is 3404 American Dr Unit #2200?

3404 American Dr Unit #2200 is listed at $240,000 with 1 bedrooms, 1 full bathrooms, 625 square feet, 0.13-acre lot.

What school district is 3404 American Dr Unit #2200 in?

3404 American Dr Unit #2200 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 #2200?

3404 American Dr Unit #2200 is a Residential built in 1987 featuring 1 bedrooms, 1 full bathrooms, 625 square feet, 0.13-acre lot.

What are the property taxes for 3404 American Dr Unit #2200?

The most recent annual property tax for 3404 American Dr Unit #2200 is $4,727. 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 #2200?

This page does not assume a mortgage rate or publish a monthly payment for 3404 American Dr Unit #2200. 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 #2200 compare with other homes in Lago Vista?

As of Oct 17, 2026, 3404 American Dr Unit #2200 is offered at $240,000. The current MLS snapshot shows 222 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 #2200 built?

3404 American Dr Unit #2200 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 #2200?

The MLS listing marks 3404 American Dr Unit #2200 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 #2200?

The MLS listing reports HOA or association dues of $366 monthly for 3404 American Dr Unit #2200. 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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Last updated: 10/17/2026, 5:07:25 AM

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