#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Discover relaxed lakefront living at The Island on Lake Travis in Austin, TX. This thoughtfully designed 842-square-foot condo offers a wonderful opportunity to enjoy scenic waterfront surroundings along with a wide range of resort-style amenities.
The private balcony provides a peaceful place to unwind while overlooking the community’s elegant fountain and the sparkling main body of Lake Travis. Inside, the bright and welcoming interior features an open layout that makes the most of the space. The kitchen includes granite countertops along with a refrigerator, freestanding range, and microwave, offering both style and functionality.
Durable vinyl and tile flooring extend throughout the entire unit, providing a clean look with no carpet. The full bathroom features a spacious walk-in shower, and the condo offers generous storage for added convenience.
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. The peaceful courtyards throughout the property create a relaxing atmosphere reminiscent of a European retreat.
Additional amenities include gated security, assigned covered parking, an on-site restaurant, and a salon and spa with sauna access. Short-term rentals are allowed, making this property an excellent option for a vacation getaway, income-producing investment, or full-time residence. Investors may also have the rare opportunity to purchase four fully furnished units together.
Located across from Pace Bend Park and just a short drive from Lago Vista Country Club, this condo offers an ideal blend of recreation, relaxation, and lakeside living on Lake Travis.
Property Type
Residential
Year Built
1987
Lot Size
0.17 acres
$/Sq Ft
$272
HOA
$493.17/mo
Garage
1 spaces
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 #2205 is listed at $229,000 with 1 bedrooms, 1 full bathrooms, 842 square feet, 0.17-acre lot.
3404 American Dr Unit #2205 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 #2205 is in Island On Lake Travis Condomin, Austin, Texas.
3404 American Dr Unit #2205 is a Residential built in 1987 featuring 1 bedrooms, 1 full bathrooms, 842 square feet, 0.17-acre lot.
3404 American Dr Unit #2205 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
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 |
|---|---|---|---|---|
2025-16.0% | — | $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 |
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% ($46K)
$229,000
Luxury property intelligence
A sourced read on Island On Lake Travis Condomin pricing, timing, and property scale. No automated valuation claim.
List price
$229,000
Price per sqft
$272/sqft
Vs. Island On Lake Travis Condomin median
Not available
Days on market
138 days
Original to current
No verified reduction
$229K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 3404 American Dr Unit #2205 is $5,426. 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 ($45,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3404 American Dr Unit #2205 is around $1,640 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $229,000, 3404 American Dr Unit #2205 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 #2205 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
3404 American Dr Unit #2205 includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3404 American Dr Unit #2205 is part of a managed community with HOA dues of $493 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
$229,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| 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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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