
Experience luxurious lake living in this resort style, gated condominium community! Whether looking for a vacation get-away, STR or a full-time home, The Island on Lake Travis offers it all! This unit offer views of the lake from the large outdoor covered patio and is fully furnished! Also enjoy refreshing waterfront views of Lake Travis while unwinding in one of the two outdoor pools or hot tubs. Take in a splendid sunset from any of the overlooks throughout the common grounds. The open floor plan allows for ease of entertainment. In addition to the two outdoor pools, the complex offers an abundance of amenities, including an indoor pool and hot tub, fitness center, an onsite spa, sauna access, a restaurant, picnic/grilling areas, docks/boat ramps, tennis courts, and pickle ball courts. Ownership of the unit includes 2 reserved parking spots in the covered parking garage. This is your opportunity to enjoy resort style living on the lake!
Property Type
Residential
Year Built
1987
Lot Size
0.24 acres
$/Sq Ft
$265
HOA
$696/mo
Garage
2 spaces
Pool
Yes
Listed by eXp Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
3404 American DR Unit #3224 is listed at $315,000 with 2 bedrooms, 2 full bathrooms, 1,188 square feet, 0.24-acre lot.
3404 American DR Unit #3224 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 #3224 is in Island On Lake Travis Condomin, Austin, Texas.
3404 American DR Unit #3224 is a Residential built in 1987 featuring 2 bedrooms, 2 full bathrooms, 1,188 square feet, 0.24-acre lot.
3404 American DR Unit #3224 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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 |
|---|---|---|---|---|
2025-1.6% | — | $390,639 | — | — |
2024+8.8% | — | $397,068 | $73,551 | $275,459 |
2023+49.0% | — | $365,037 | $73,551 | $312,527 |
2022+2.4% | — | $245,000 | $73,551 | $280,496 |
2021 | — | $239,327 | $84,541 | $160,459 |

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% ($63K)
$315,000
Luxury property intelligence
A sourced read on Island On Lake Travis Condomin pricing, timing, and property scale. No automated valuation claim.
List price
$315,000
Price per sqft
$265/sqft
Vs. Island On Lake Travis Condomin median
Not available
Days on market
132 days
Original to current
$45K reduction
$360K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
3404 American DR Unit #3224 is priced at $265 per square foot across 1,188 sqft.
The most recent annual property tax for 3404 American DR Unit #3224 is $8,323. 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 ($63,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3404 American DR Unit #3224 is around $2,328 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $315,000, 3404 American DR Unit #3224 is in the Island On Lake Travis Condomin market where there are currently 257 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 #3224 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
3404 American DR Unit #3224 includes verified waterfront access: Lake Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3404 American DR Unit #3224 is part of a managed community with HOA dues of $696 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.
8 events on record
Current Price
$315,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-1.6% | — | $390,639 | — | — |
2024+8.8% | — | $397,068 | $73,551 | $275,459 |
2023+49.0% | — | $365,037 | $73,551 | $312,527 |
2022+2.4% | — | $245,000 | $73,551 | $280,496 |
2021 | — | $239,327 | $84,541 | $160,459 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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