#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Experience the ultimate Lake Travis lifestyle in this stunning luxury villa at The Island on Lake Travis. Offering breathtaking panoramic views of Lake Travis and the Texas Hill Country, this beautifully appointed property combines spacious living, exceptional comfort, and unforgettable scenery in one of Lago Vista’s premier waterfront communities. The villa features generous living spaces designed for both relaxation and entertaining, along with a large covered patio where you can enjoy spectacular Hill Country sunsets and peaceful lake views. With ample room to gather with family and friends, this property is the perfect setting for creating lasting memories.For added convenience, two reserved parking spaces and a private storage area convey with the property. Investors and owners seeking rental income will appreciate that the villa is currently enrolled in an active short-term rental program, offering an excellent opportunity to enjoy the property while generating income.
The Island on Lake Travis is an exclusive 14-acre island resort community offering a truly resort-style waterfront experience. Residents and guests enjoy an impressive collection of amenities, including two outdoor pools, two outdoor hot tubs, an indoor pool and hot tub, onsite restaurant, fitness center, pickleball and tennis courts, day spa, sauna, and marina. Whether you are looking for a full-time residence, a weekend getaway, or an investment opportunity, The Island offers the perfect blend of tranquility, recreation, and luxury. Enjoy beautiful sunsets over Lake Travis, easy access to Austin, and nearby Hill Country wineries, shopping, dining, and scenic destinations.
Property Type
Residential
Year Built
1987
Lot Size
0.02 acres
$/Sq Ft
$228
HOA
$751.68/mo
Garage
2 spaces
Pool
Yes
Listed by Central Metro Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
3404 American Dr Unit #3203 is listed at $269,000 with 2 bedrooms, 2 full bathrooms, 1,182 square feet, 0.02-acre lot.
3404 American Dr Unit #3203 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.
3404 American Dr Unit #3203 is a Residential built in 1987 featuring 2 bedrooms, 2 full bathrooms, 1,182 square feet, 0.02-acre lot.
3404 American Dr Unit #3203 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.
3404 American Dr Unit #3203 is priced at $228 per square foot across 1,182 sqft.
#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 sale and lease at 3404 American Dr Unit #3203, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed 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 |
|---|---|---|---|---|
2025-12.1% | — | $373,098 | — | — |
2024-2.6% | — | $424,276 | $73,157 | $289,010 |
2023+69.0% | — | $435,640 | $73,157 | $340,188 |
2022+3.8% | — | $257,747 | $73,157 | $351,552 |
2021 | — | $248,245 | $84,088 | $173,659 |
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.
20% ($54K)
$269,000
Luxury property intelligence
A sourced read on The Island pricing, timing, and property scale. No automated valuation claim.
List price
$269,000
Price per sqft
$228/sqft
Vs. The Island median
Not available
Days on market
2 days
Original to current
No verified reduction
$269K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 15, 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
The most recent annual property tax for 3404 American Dr Unit #3203 is $7,271. 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 ($53,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3404 American Dr Unit #3203 is around $2,002 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $269,000, 3404 American Dr Unit #3203 is in the The Island market where there are currently 260 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 #3203 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
3404 American Dr Unit #3203 includes verified waterfront access: Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3404 American Dr Unit #3203 is part of a managed community with HOA dues of $752 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.
6 events on record
Current Price
$269,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.1% | — | $373,098 | — | — |
2024-2.6% | — | $424,276 | $73,157 | $289,010 |
2023+69.0% | — | $435,640 | $73,157 | $340,188 |
2022+3.8% | — | $257,747 | $73,157 | $351,552 |
2021 | — | $248,245 | $84,088 | $173,659 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in The Island
Active listings near 3404 American Dr Unit #3203
Recent sales for market context
