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Keenan Group#1 Austin Board of Realtors Team 2024
3404 American DR Unit #3202, photo 1 of 39, Lago Vista, Lago Vista, TX
Active

$375,000

2Beds
2Baths
1,188Sq Ft
0.24 acresLot

3404 American Dr Unit #3202, Lago Vista, TX 78645

Reduced 5%$395,000
Lago Vista·MLS# 7029733·Built 1987·111 days on market

2 bed, 2 bath, 1,188 sqft on 0.24 acres in Lago Vista. Lago Vista, TX 78645. $375,000. Lago Vista ISD.

About This Home

OWNER FINANCING AVAILABLE AT 3.99%! Luxury, comfort, and panoramic views of Lake Travis and the Texas Hill Country await you in this gorgeous 2 bedroom, 2 bath villa at the Island on Lake Travis resort. Spacious living areas and a large covered patio along with resort-style amenities, lake views, and hill country sunsets make this property a must see. Recent updates in 2023 include refreshed paint and utility room, new HVAC system, and a smart thermostat. These upgrades compliment the other available appointments including granite countertops, tile flooring, and wood burning fireplace. At 1,188 square feet, there is ample space in this villa to entertain family and friends and create lasting memories. Two reserved parking spots and a storage area convey as well. For investors or owners desiring rental income, this property is currently enrolled in an active short term rental program. For boating enthusiasts, A 28' BOAT SLIP WITH PARTY DECK CAN BE SOLD SEPARATELTY IF DESIRED! Come enjoy life on the Island!

The Island On Lake Travis is an elegant condo complex that offers a luxurious Lake Travis waterfront lifestyle on a 14-acre island. Located on the north shore of Lake Travis in Lago Vista, this resort community boasts an unparalleled array of amenities in a picturesque lakefront setting. Amenities include 2 outdoor pools, 2 outdoor hot tubs, one indoor pool and hot tub, an onsite restaurant, fitness center, pickleball and tennis courts, day spa, sauna, and a marina. The Island is both a full time and vacation home community offering a peaceful setting and beautiful sunsets over Lake Travis. Austin is but a short drive away as well as wineries and hill country shopping and scenery.

Property Type
Residential
Year Built
1987
Lot Size
0.24 acres
Price / Sq Ft
$316
HOA
$696/mo
Garage
2 spaces

Listing information last updated August 21, 2026.

Listed by Hill Country Lakes Realty

MLS# 7029733 • Active

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

Highlights

2-car garage with additional parking capacity
Generous 0.24-acre lot
Breakfast Bar
Ceiling Fan(s)
Granite Counters
Double Vanity

Facts & Features

Interior

Features

  • Bar
  • Breakfast Bar
  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Dry Bar
  • Elevator
  • Entrance Foyer
  • High Speed Internet
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Thermostat
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)

Appliances

  • Built-In Electric Oven
  • Built-In Electric Range
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Range
  • Freezer
  • Ice Maker
  • Microwave
  • Oven
  • Electric Oven
  • Self Cleaning Oven
  • Washer
  • Dryer

Flooring

  • Tile
Heating
Central,Heat Pump,Propane
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Balcony

Construction

  • Stucco

Lot Features

  • Landscaped
  • Level
  • Views

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
Roof
Composition
Lot Size
0.24 Acres

Parking

  • Garage
  • Gated
Garage Spaces
2

Waterfront

  • Lake Front
Financial
HOA Fee
$696 / mo
Original List Price
$395,000
Price per Sq Ft
$316
Utilities
  • Cable Connected
  • Electricity Connected
  • Phone Available
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

2 records on file

Every recorded listing, sale, and lease at 3404 American DR Unit #3202, whoever represented it.

  1. ActiveListed 2026
    Current price: $375,000Original list: $395,000MLS 7029733
    1. Listed · July 2, 2026$395,000
    2. Price changed · August 21, 2026$375,000
  2. ActiveListed 2026
    Asking rent: $1,850/moOriginal asking rent: $1,850/moMLS 6511972
    1. Listed · October 7, 2026$1,850/mo

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

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Price & Listing History

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

View Timeline
Current list
$375,000
Original list
$395,000
Price movement
$20K reduction
Listed / DOM
Jul 2, 2026 · 111 days

Tax Record

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

Assessed Value
$417,987
Assessment Year
2025
Year Built
1987
Parcel ID
000000709545
$495K
$283K
$282,939
2021
$289,339
+2.3% from prev
2022
$495,273
+71.2% from prev
2023
$459,683
-7.2% from prev
2024
$417,987
-9.1% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-9.1%
—$417,987——
2024-7.2%
—$459,683$73,551$342,548
2023+71.2%
—$495,273$73,551$375,142
2022+2.3%
—$289,339$73,551$410,732
2021
—$282,939$84,541$204,798
5-Year Change47.7%
Map showing 3404 American DR Unit #3202
3404 American DR Unit #3202
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
$2,077
HOA dues
$696

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 2026-10-16T20:07:37.39+00:00; normalized from monthly dues.

20% ($75K)

Adjustable assumption - not a lending recommendation.

$375,000

Loan: $300K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.

List price

$375,000

Price per sqft

$316/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

111 days

Original to current

$20K reduction

$395K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 3404 American Dr Unit #3202?

3404 American Dr Unit #3202 is listed at $375,000 with 2 bedrooms, 2 full bathrooms, 1,188 square feet, 0.24-acre lot.

What school district is 3404 American Dr Unit #3202 in?

3404 American Dr Unit #3202 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 #3202?

3404 American Dr Unit #3202 is a Residential built in 1987 featuring 2 bedrooms, 2 full bathrooms, 1,188 square feet, 0.24-acre lot.

What is the price per square foot at 3404 American Dr Unit #3202?

3404 American Dr Unit #3202 is priced at $316 per square foot across 1,188 sqft.

What are the property taxes for 3404 American Dr Unit #3202?

The most recent annual property tax for 3404 American Dr Unit #3202 is $7,471. 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 #3202?

This page does not assume a mortgage rate or publish a monthly payment for 3404 American Dr Unit #3202. 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 #3202 compare with other homes in Lago Vista?

As of Oct 16, 2026, 3404 American Dr Unit #3202 is offered at $375,000. 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 #3202 built?

3404 American Dr Unit #3202 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 #3202?

The MLS listing marks 3404 American Dr Unit #3202 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 #3202?

The MLS listing reports HOA or association dues of $696 monthly for 3404 American Dr Unit #3202. 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

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Last updated: 10/16/2026, 3:07:37 PM

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