
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
$208
HOA
$704.7/mo
Garage
2 spaces
Pool
Yes
Listed by KS & Associates Realtors
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
3404 American DR Unit #3118 is listed at $249,900 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 listed by KS & Associates Realtors. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 10, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 3404 American DR Unit #3118, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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% ($50K)
Adjustable assumption - not a lending recommendation.
$249,900
Luxury property intelligence
A sourced read on Island On Lake Travis Condomin pricing, timing, and property scale. No automated valuation claim.
List price
$249,900
Price per sqft
$208/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
174 days
Original to current
$50K reduction
$299.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 10, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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
3404 American DR Unit #3118 is priced at $208 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.
This page does not assume a mortgage rate or publish a monthly payment for 3404 American DR Unit #3118. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 10, 2026, 3404 American DR Unit #3118 is offered at $249,900. The current MLS snapshot shows 248 active listings in 78645. Keenan Group has completed 6 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.
3404 American DR Unit #3118 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 3404 American DR Unit #3118 as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $705 monthly for 3404 American DR Unit #3118. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
10 events on record
Current Price
$249,900
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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