#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Dive into the refined living possible in this first floor, southwest facing condo unit nestled on the shores of Lake Travis, where stunning views of Lake Travis and the Texas Hill Country await. Offered fully furnished, this unit is move-in ready as an owner retreat or ready for operation as an STR. This unit features two bedrooms and two bathrooms offering convenience and privacy and ensuring a comfortable daily routine. The property includes two garage spaces, offering secure parking and additional storage. The Island offers an impressive list of amenities, including outdoor and indoor pools, hot tubs, a sauna, a gym, tennis and pickleball courts, a golf net, disc golf, a restaurant, a spa, a retail shop, boat launch ramps, a day dock, and a fishing dock. (Some amenities may be temporarily closed.) COA dues cover amenities, exterior maintenance, trash, landscaping, security, and insurance—making lake living easy and stress-free. Whether you're looking for adventure, relaxation, or an STR - this lakefront gem is ready for you. Schedule a showing today and start making memories on Lake Travis!
Property Type
Residential
Year Built
1987
Lot Size
0.25 acres
$/Sq Ft
$221
HOA
$704.7/mo
Garage
2 spaces
Pool
Yes
Listed by KS & Associates Realtors
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
3404 American DR Unit #3118 is listed at $265,500 with 2 bedrooms, 2 full bathrooms, 1,203 square feet, 0.25-acre lot.
3404 American DR Unit #3118 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 #3118 is in Island On Lake Travis Condomin, Austin, Texas.
3404 American DR Unit #3118 is a Residential built in 1987 featuring 2 bedrooms, 2 full bathrooms, 1,203 square feet, 0.25-acre lot.
3404 American DR Unit #3118 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
Pending 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 |
|---|---|---|---|---|
2025-6.3% | — | $396,639 | — | — |
2024+10.7% | — | $423,159 | $74,461 | $308,146 |
2023+45.7% | — | $382,182 | $74,461 | $337,572 |
2022+2.2% | — | $262,333 | $74,461 | $296,595 |
2021 | — | $256,809 | $85,587 | $176,746 |
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% ($53K)
$265,500
Luxury property intelligence
A sourced read on Island On Lake Travis Condomin pricing, timing, and property scale. No automated valuation claim.
List price
$265,500
Price per sqft
$221/sqft
Vs. Island On Lake Travis Condomin median
Not available
Days on market
134 days
Original to current
$34.4K reduction
$299.9K 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
3404 American DR Unit #3118 is priced at $221 per square foot across 1,203 sqft.
The most recent annual property tax for 3404 American DR Unit #3118 is $8,451. 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 ($53,100) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3404 American DR Unit #3118 is around $2,082 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $265,500, 3404 American DR Unit #3118 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 #3118 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
3404 American DR Unit #3118 includes verified waterfront access: Lake Front. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3404 American DR Unit #3118 is part of a managed community with HOA dues of $705 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.
8 events on record
Current Price
$265,500
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.3% | — | $396,639 | — | — |
2024+10.7% | — | $423,159 | $74,461 | $308,146 |
2023+45.7% | — | $382,182 | $74,461 | $337,572 |
2022+2.2% | — | $262,333 | $74,461 | $296,595 |
2021 | — | $256,809 | $85,587 | $176,746 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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