#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome to your perfect lake getaway and income-producing property in the heart of Lago Vista! This beautifully maintained condo at 3404 American Way #2212 offers the ideal blend of comfort, convenience, and investment potential. Featuring 2 full bathrooms, this spacious unit is designed for both relaxation and functionality—perfect for hosting guests or enjoying your own private retreat. The condo comes fully furnished, making it truly turnkey and ready for immediate use or rental from day one. What truly sets this property apart is its strong short-term rental history, offering an excellent opportunity for investors seeking consistent income in a highly desirable lake-area destination. Whether you're looking to expand your portfolio or own a vacation home that pays for itself, this property checks all the boxes. Located just minutes from Lake Travis, you'll enjoy easy access to boating, dining, and outdoor recreation, all while being tucked away in a peaceful community setting. Don’t miss your chance to own a fully furnished, income-generating property in one of Lago Vista’s most sought-after areas!
Property Type
Residential
Year Built
1987
Lot Size
0.17 acres
$/Sq Ft
$273
HOA
$499/mo
Garage
1 spaces
Pool
Yes
Listed by Newfound Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
3404 American Dr Unit #2212 is listed at $229,900 with 1 bedrooms, 2 full bathrooms, 842 square feet, 0.17-acre lot.
3404 American Dr Unit #2212 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.
3404 American Dr Unit #2212 is in Island On Lake Travis Condomin, Austin, Texas.
3404 American Dr Unit #2212 is a Residential built in 1987 featuring 1 bedrooms, 2 full bathrooms, 842 square feet, 0.17-acre lot.
3404 American Dr Unit #2212 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 |
|---|---|---|---|---|
2025-15.6% | — | $249,495 | — | — |
2024+16.6% | — | $295,646 | $52,116 | $207,507 |
2023+69.1% | — | $253,499 | $52,116 | $235,742 |
2022-4.8% | — | $149,900 | $52,116 | $193,595 |
2021 | — | $157,500 | $59,904 | $89,996 |
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.
20% ($46K)
$229,900
Luxury property intelligence
A sourced read on Island On Lake Travis Condomin pricing, timing, and property scale. No automated valuation claim.
List price
$229,900
Price per sqft
$273/sqft
Vs. Island On Lake Travis Condomin median
Not available
Days on market
113 days
Original to current
No verified reduction
$229.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 3404 American Dr Unit #2212 is $5,598. 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 ($45,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3404 American Dr Unit #2212 is around $1,659 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $229,900, 3404 American Dr Unit #2212 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 #2212 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
3404 American Dr Unit #2212 is part of a managed community with HOA dues of $499 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
$229,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-15.6% | — | $249,495 | — | — |
2024+16.6% | — | $295,646 | $52,116 | $207,507 |
2023+69.1% | — | $253,499 | $52,116 | $235,742 |
2022-4.8% | — | $149,900 | $52,116 | $193,595 |
2021 | — | $157,500 | $59,904 | $89,996 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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