1 bed, 1 bath, 842 sqft on 0.17 acres in Lago Vista. Lago Vista, TX 78645. $199,000. Lago Vista ISD.
About This Home
Discover relaxed lakefront living at The Island on Lake Travis in Lago Vista, TX. This turnkey, 842-square-foot, 1-bedroom, 1-bathroom condominium offers an exceptional opportunity for a vacation getaway, primary residence, or income-producing investment property. Positioned directly on the main body of Lake Travis, the private balcony provides a peaceful view of the community fountain and shimmering waterfront. Inside, the bright and welcoming interior features an open-concept layout maximizing natural light and functional space. The kitchen is equipped with granite countertops, a refrigerator, freestanding range, microwave, and breakfast bar, complemented by low-maintenance tile and wood-look flooring with no carpet throughout. The updated bathroom features a spacious walk-in shower, accompanied by abundant in-unit storage, central heating, air conditioning, and convenient in-unit laundry hookups. The Island on Lake Travis sits on 14 beautifully maintained acres and is known for its charming Mediterranean-style architecture and incredible lake views. Residents and guests enjoy access to two outdoor pools with lakeside hot tubs, an indoor pool and spa, a fitness center, tennis courts, picnic and grilling areas, and private docks with boat ramps for direct water access. Additional community amenities include gated security, assigned covered parking, an on-site restaurant, and a salon and spa with sauna access. Short-term rentals are fully permitted, making this an ideal turnkey Airbnb or VRBO investment, with multi-unit purchase options potentially available for investors looking to acquire four fully furnished units together. Situated directly across from Pace Bend Park and minutes from the Lago Vista Country Club, this property balances a tranquil Hill Country retreat atmosphere with premier Austin-area recreation.
- Property Type
- Residential
- Year Built
- 1987
- Lot Size
- 0.17 acres
- Price / Sq Ft
- $236
- HOA
- $493.17/mo
- Garage
- 1 spaces
Listing information last updated November 6, 2026.
Listed by Redfin Corporation
MLS# 8757468 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Primary Bedroom on Main
- Dishwasher
- Disposal
- Microwave
- Free-Standing Range
- Refrigerator
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Frame
- Stucco
- Trees-Medium (20 Ft - 40 Ft)
- Pillar
- Post
- Pier
- Roof
- Membrane
- Lot Size
- 0.17 Acres
- Garage Spaces
- 1
- Lake Front
Financial
- HOA Fee
- $493 / mo
- Original List Price
- $229,000
- Price per Sq Ft
- $236
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 #2205, whoever represented it.
- ActiveListed 2026Current price: $199,000Original list: $229,000MLS 8757468
- Listed · March 16, 2026$229,000
- Price changed · September 28, 2026$199,000
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.
- Current list
- $199,000
- Original list
- $229,000
- Price movement
- $30K reduction
- Listed / DOM
- Mar 16, 2026 · 239 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $254,650
- Assessment Year
- 2025
- Year Built
- 1987
- Parcel ID
- 000000709487
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.0% | — | $254,650 | — | — |
2024+0.5% | — | $303,054 | $52,116 | $216,310 |
2023+54.2% | — | $301,608 | $52,116 | $243,150 |
2022+2.2% | — | $195,590 | $52,116 | $241,704 |
2021 | — | $191,350 | $59,904 | $135,686 |
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Zoned Schools
Lago Vista
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.
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 2026-11-06T17:08:33.736+00:00; normalized from monthly dues.
Illustrative down payment
20% ($40K)
Adjustable assumption - not a lending recommendation.
Home price
$199,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.
List price
$199,000
Price per sqft
$236/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
239 days
Original to current
$30K reduction
$229K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 6, 2026.
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