3404 American Dr #1225

Lago Vista, TX 78645

$199,000

1 beds
1 baths
705 sq ft
0.14 acres
Built 1987

Listed by Compass RE Texas, LLC · MLS #ACT1064827

3404 American Dr #1225, Lago Vista, TX 78645 — photo 1

View full photo

1 / 38

A REAL PERSON, READY TO HELP

Interested in this property?

Connect with a local ERA professional for answers, a private showing, or help thinking through an offer.

Schedule a showing Ask a question Discuss an offer

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

3404 American Dr #1225, Lago Vista, TX 78645 · MLS #ACT1064827

I’d like toYour nameEmail addressPhone number

Your preferred tour

Tour typePreferred datePreferred time

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Price you’d like to discuss ($)Target closing date

Your question

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Spacious, 705 sf, Open, Capri Floor Plan, 1 Bedroom with generous Closet Space; 1 Full Bath appointed with an Oversized Shower; Breakfast Bar; Dining Area; Covered Patio; 2 Access Doors to the Patio; Laundry Closet with Washer & Dryer hook-ups.

Year built

Built in 1987.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

$40,000 Price Reduction! Now offered at $199,000! "LVP FLOORING INSTALLED THROUGHOUT, offering a modern, low-maintenance finish"! Incredible opportunity to own a Second Floor Villa in one of the best locations at The Island on Lake Travis! Charming, Cozy, and Fully Furnished, this condo boasts of breathtaking and sweeping views overlooking the North end of Lake Travis and the Texas Hill Country. Spacious, 705 sf, Open, Capri Floor Plan, 1 Bedroom with generous Closet Space; 1 Full Bath appointed with an Oversized Shower; Breakfast Bar; Dining Area; Covered Patio; 2 Access Doors to the Patio; Laundry Closet with Washer & Dryer hook-ups. From the patio, capture each Morning with a cup of coffee and each Evening with amazing Sunsets! Awesome Opportunity to Own, Occupy or Rent....Long and Short-term rentals are allowed at The Island. This unit is currently enrolled in an STR program. The Island on Lake Travis sits on 14 acres, features beautifully landscaped Courtyards, 2 Outdoor Pools, Spa, Saunas, Fitness Center, Outdoor Common Barbecue area, Tennis Courts, Basketball Court, Pickleball Court, Marina, and Boat Ramp. Located in the Covered Garage is your Assigned/Reserved Parking Spot and Storage Closet. Appreciate a fabulous Dining Experience at The Island Bar & Grill, which also provides regular entertainment, including bingo, karaoke, and poker nights, making it a lively destination for both locals and visitors ...Enjoy the convenience of proximity to restaurants, schools, medical facilities, grocery stores, and shopping....AND, Flat Creek Winery! Live Like You're on Vacation! (Certain Staging Items are excluded from the sale). (Cash only)

Take a virtual tour Explore the location More properties in Lago Vista

THE NEIGHBORHOOD

Explore the location.

3404 American Dr #1225, Lago Vista, TX 78645

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months

Months of supply5.612-month average

Days on market8412-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

Explore the full market report

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1987
Full baths: 1
Half baths: 0
Garage spaces: 1
Cooling: Ceiling Fan(s), Central Air, Heat Pump
Heating: Central, Heat Pump
Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
Flooring: Vinyl
Fencing: Wrought Iron
Accessibility: None
Pool features: None
Subdivision: Island on Lake Travis Condominium
Parcel: 01689003540000
HOA: Island on Lake Travis COA
HOA amenities: Common Area Maintenance, Landscaping, Maintenance Grounds
HOA fee frequency: Monthly
Elementary school: Lago Vista
Middle school: Lago Vista
High school: Lago Vista
HOA fee: $413.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$829.17

Cap rate—

Annual operating income: —

HOA: Includes $413.00 per month in HOA dues, converted from the $413.00 monthly fee reported by the listing source.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions

Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimate Talk through your management needs

Stone-front home with a landscaped lawn and central entry — A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services

Listing information

MLS #ACT1064827 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Debbie Jennings

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.