#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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, private docks and 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
$/Sq Ft
$432
HOA
$366.06/mo
Pool
Yes
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 #2200 is listed at $270,000 with 1 bedrooms, 1 full bathrooms, 625 square feet, 0.13-acre lot.
3404 American Dr Unit #2200 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 #2200 is a Residential built in 1987 featuring 1 bedrooms, 1 full bathrooms, 625 square feet, 0.13-acre lot.
3404 American Dr Unit #2200 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.
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.
#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 |
|---|---|---|---|---|
2025-7.5% | — | $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 |
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% ($54K)
$270,000
Luxury property intelligence
A sourced read on Island/Lk Travis Condo pricing, timing, and property scale. No automated valuation claim.
List price
$270,000
Price per sqft
$432/sqft
Vs. Island/Lk Travis Condo median
Not available
Days on market
138 days
Original to current
No verified reduction
$270K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 31, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($54,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3404 American Dr Unit #2200 is around $1,795 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $270,000, 3404 American Dr Unit #2200 is in the Island/Lk Travis Condo 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 #2200 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
3404 American Dr Unit #2200 includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3404 American Dr Unit #2200 is part of a managed community with HOA dues of $366 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
$270,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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