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$575,000
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Don’t miss this rare opportunity to own one of the most spectacular units on the island. This prime corner residence offers breathtaking panoramic views of Lake Travis with unobstructed west-facing sunsets stretching across the water toward Pace Bend Park. Positioned directly over the lake in a private area of the development, the home enjoys exceptional privacy with a secluded balcony and no neighboring units in view.
This spacious, single-level condominium spans 1,689 square feet and features three bedrooms and two beautifully updated bathrooms. The unit comes fully furnished and allows short-term rentals, making it an outstanding vacation home, income-producing property, second residence, or ideal retirement retreat. Elevator access in the building adds to the ease and comfort of one-level living.
The home has been completely renovated from top to bottom, including new wiring, HVAC, flooring, fixtures, lighting, paint, tile, appliances, cabinetry, and granite countertops. The primary suite is a true sanctuary, featuring a stunning designer double shower and its own fireplace, while a second fireplace in the living area creates a warm and inviting atmosphere. An in-unit laundry room adds everyday convenience.
Residents enjoy a true resort-style lifestyle with access to multiple outdoor pools, an indoor pool, jacuzzi, saunas, tennis courts, shuffleboard courts, numerous courtyards, lakeside seating areas, community barbecue grills, a fully equipped fitness center and spa, and an exceptional on-site restaurant. The HOA also includes water, trash, internet and cable! With its incredible views, privacy, extensive upgrades, and unbeatable amenities, this property offers a rare blend of luxury, lifestyle, and outstanding short-term rental potential on Lake Travis.
Property Type
Residential
Year Built
1987
Lot Size
0.34 acres
$/Sq Ft
$340
HOA
$989.4/mo
Garage
2 spaces
Listed by Venture Partners R.E.
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Foundation
Patio / Porch
Parking
Verified property facts
3404 American Dr Unit #3120 is listed at $575,000 with 3 bedrooms, 2 full bathrooms, 1,689 square feet, 0.34-acre lot.
3404 American Dr Unit #3120 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 #3120 is in Island On Lake Travis Condomin, Austin, Texas.
3404 American Dr Unit #3120 is a Residential built in 1987 featuring 3 bedrooms, 2 full bathrooms, 1,689 square feet, 0.34-acre lot.
3404 American Dr Unit #3120 is listed by Venture Partners R.E.. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Apr 25, 2026.
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1 record on file
Every recorded listing, sale, and lease at 3404 American Dr Unit #3120, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 |
|---|---|---|---|---|
2025-10.9% | — | $567,311 | — | — |
2024+6.7% | — | $637,011 | $104,566 | $488,358 |
2023+74.5% | — | $596,981 | $104,566 | $516,820 |
2022+2.1% | — | $342,161 | $104,566 | $476,790 |
2021 | — | $335,224 | $120,191 | $221,970 |

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% ($115K)
Adjustable assumption - not a lending recommendation.
$575,000
Luxury property intelligence
A sourced read on Island On Lake Travis Condomin pricing, timing, and property scale. No automated valuation claim.
List price
$575,000
Price per sqft
$340/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$575K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
3404 American Dr Unit #3120 is priced at $340 per square foot across 1,689 sqft.
The most recent annual property tax for 3404 American Dr Unit #3120 is $11,819. 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 #3120. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 3404 American Dr Unit #3120 is offered at $575,000. 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 #3120 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 3404 American Dr Unit #3120 as waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $989 monthly for 3404 American Dr Unit #3120. 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.
5 events on record
Current Price
$575,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-10.9% | — | $567,311 | — | — |
2024+6.7% | — | $637,011 | $104,566 | $488,358 |
2023+74.5% | — | $596,981 | $104,566 | $516,820 |
2022+2.1% | — | $342,161 | $104,566 | $476,790 |
2021 | — | $335,224 | $120,191 | $221,970 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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