Skip to content
Keenan Group#1 Austin Board of Realtors Team 2024

$249,900

2Beds
2Baths
1,203Sq Ft
0.25 acresLot

3404 American Dr Unit #3118, Lago Vista, TX 78645

Reduced 17%$299,900
Lago Vista·MLS# 4898029·Built 1987·215 days on market

2 bed, 2 bath, 1,203 sqft on 0.25 acres in Lago Vista. Lago Vista, TX 78645. $249,900. Lago Vista ISD.

About This Home

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
Price / Sq Ft
$208
HOA
$704.7/mo
Garage
2 spaces
Pool
Yes

Listing information last updated August 31, 2026.

Listed by KS & Associates Realtors

MLS# 4898029 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Private pool and outdoor entertaining setup
2-car garage with additional parking capacity
Generous 0.25-acre lot
Ceiling Fan(s)
Granite Counters
Double Vanity

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Appliances

  • Built-In Oven(s)
  • Electric Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Exhaust Fan
  • Instant Hot Water
  • Microwave
  • Free-Standing Range
  • Refrigerator
  • Washer

Flooring

  • Carpet
  • Tile
Heating
Central,Hot Water
Cooling
Ceiling Fan(s),Central Air
Exterior & Lot

Features

  • Barbecue
  • Boat Dock - Shared
  • Boat Ramp
  • Uncovered Courtyard
  • Electric Car Plug-in
  • Exterior Steps
  • Outdoor Grill
  • Sport Court
  • Tennis Court(s)

Construction

  • Masonry – All Sides
  • Stucco

Lot Features

  • Sprinkler - Automatic

Foundation

  • Pillar
  • Post
  • Pier

Patio / Porch

  • Covered
  • Deck
Roof
Tile
Lot Size
0.25 Acres

Parking

  • Reserved
Garage Spaces
2
Pool
Yes

Waterfront

  • Lake Front
Financial
HOA Fee
$705 / mo
Original List Price
$299,900
Price per Sq Ft
$208
Utilities
  • Electricity Available
  • High Speed Internet
  • 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 #3118, whoever represented it.

  1. ActiveListed 2026
    Current price: $249,900Original list: $299,900MLS 4898029
    1. Listed · March 20, 2026$299,900
    2. Price changed · April 17, 2026$265,500
    3. Price changed · August 31, 2026$249,900

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Explore this area

Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$249,900
Original list
$299,900
Price movement
$50K reduction
Listed / DOM
Mar 20, 2026 · 215 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$396,639
Assessment Year
2025
Parcel ID
000000709534
$423K
$257K
$256,809
2021
$262,333
+2.2% from prev
2022
$382,182
+45.7% from prev
2023
$423,159
+10.7% from prev
2024
$396,639
-6.3% from prev
2025
YearTaxesTotal AssessmentLandAdditions
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
5-Year Change54.4%

Virtual Tour

Virtual tour of 3404 American Dr Unit #3118
Map showing 3404 American DR Unit #3118
3404 American DR Unit #3118
Directions

Zoned Schools

Lago Vista ISD →

1 High School

Lago Vista

High SchoolGrades 9-12Zoned assignment

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.

Principal & interest
$1,384
HOA dues
$705

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 2026-10-17T09:07:25.159+00:00; normalized from monthly dues.

20% ($50K)

Adjustable assumption - not a lending recommendation.

$249,900

Loan: $200K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
Get Pre-Qualified

Luxury property intelligence

Keenan Market Position

A sourced read on Lago Vista 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

215 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 Oct 17, 2026.

Request Private Market Analysis

More sales nearby

Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is 3404 American Dr Unit #3118?

3404 American Dr Unit #3118 is listed at $249,900 with 2 bedrooms, 2 full bathrooms, 1,203 square feet, 0.25-acre lot.

What school district is 3404 American Dr Unit #3118 in?

3404 American Dr Unit #3118 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.

What are the property details for 3404 American Dr Unit #3118?

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.

What is the price per square foot at 3404 American Dr Unit #3118?

3404 American Dr Unit #3118 is priced at $208 per square foot across 1,203 sqft.

What are the property taxes for 3404 American Dr Unit #3118?

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.

How should a buyer estimate the monthly payment for 3404 American Dr Unit #3118?

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.

How does 3404 American Dr Unit #3118 compare with other homes in Lago Vista?

As of Oct 17, 2026, 3404 American Dr Unit #3118 is offered at $249,900. The current MLS snapshot shows 222 active listings in 78645. Keenan Group has completed 7 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 3404 American Dr Unit #3118 built?

3404 American Dr Unit #3118 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 3404 American Dr Unit #3118?

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.

What is the community structure at 3404 American Dr Unit #3118?

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.

Why Choose the #1 Austin Board Team for Lago Vista

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Explore Nearby Areas

School District

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/17/2026, 4:07:25 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution is prohibited.

Last updated: 10/17/2026, 4:07:25 AM

DMCA Notice · Privacy Policy · Terms