ActiveResidential · sale

3404 American Dr #2209

Lago Vista, TX 78645

$249,000

  • 1 beds
  • 2 baths
  • 842 sq ft
  • 0.17 acres
  • Built 1987

Listed by Coplin Properties Lake Travis · MLS #ACT7714399

3404 American Dr #2209, Lago Vista, TX 78645 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Enjoy an open, inviting floor plan designed for comfortable living and entertaining, along with a private balcony where you can relax and soak in the beauty of Lake Travis and the surrounding Texas Hill Country.

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.

This Villa comes with a 28-foot covered Boat slip. Experience resort-style lakefront living at its finest in Unit 2209 at The Island on Lake Travis. Nestled within one of Lake Travis' most exclusive gated waterfront communities, this beautifully appointed condominium offers the perfect blend of luxury, relaxation, and investment potential. Whether you're searching for a full-time residence, weekend getaway, or income-producing vacation rental, this property delivers the lifestyle buyers dream about. Enjoy an open, inviting floor plan designed for comfortable living and entertaining, along with a private balcony where you can relax and soak in the beauty of Lake Travis and the surrounding Texas Hill Country. Comes with 28' newer boat slip with 6,600lb boat hoist conveys furnished unit recently updated with full paint and flooring (NO CARPET), granite counter tops in kitchen and bath, separate walk in shower and garden tub, and more.
The Island offers an unmatched collection of resort-style amenities, including multiple outdoor pools and hot tubs, a heated indoor pool, fitness center, spa, sauna, tennis and pickleball courts, beautifully landscaped courtyards, waterfront access, marina facilities, boat ramps, fishing docks, picnic and grilling areas, an on-site restaurant, and covered parking. Short-term rentals are permitted, making this an outstanding opportunity for those looking to generate rental income while enjoying their own private lake retreat. Boater's paradise on quieter end of Lake Travis perfect for water skiing!
Located just minutes from golf courses, wineries, parks, and everything Lago Vista has to offer, Unit 2209 provides the perfect balance of peaceful lake living and convenient access to area attractions. Wake up to spectacular sunrises, spend your days boating or lounging by the pool, and end each evening with breathtaking Texas sunsets. This is more than a condominium—it's a lifestyle.
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THE NEIGHBORHOOD

Explore the location.

3404 American Dr #2209, Lago Vista, TX 78645

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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.

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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
1
Garage spaces
1
Cooling
Central Air
Heating
ENERGY STAR Qualified Equipment, Heat Pump, Hot Water
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Microwave, Electric Oven, Free-Standing Electric Oven, Plumbed For Ice Maker, RNGHD, Refrigerator, Free-Standing Refrigerator, Washer
Flooring
Tile, Vinyl
Fencing
Partial, Wrought Iron
Accessibility
None
Pool features
Gunite, Heated, In Ground, Indoor, Lap, Outdoor Pool, Pool/Spa Combo, None
Subdivision
Island On Lake Travis Condomin
Parcel
01689004100000
HOA
Island on Lake Travis
HOA amenities
Cable TV, Common Area Maintenance, Water, Insurance, Internet, Landscaping, Maintenance Grounds, Trash
HOA fee frequency
Monthly
Elementary school
Lago Vista
Middle school
Lago Vista
High school
Lago Vista
Annual property tax
$4,889.95
HOA fee
$585.87

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$-232.01
Estimated monthly rent$1,037.50
Cap rate-0.87%

Annual operating income: $-2,161.59

HOA: Includes $585.87 per month in HOA dues, converted from the $585.87 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

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

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.

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

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

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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.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

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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.

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3404 American Dr #2209, Lago Vista, TX 78645 · MLS #ACT7714399

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Listing information

MLS #ACT7714399 · Austin Board of Realtors

Listing brokerage: Coplin Properties Lake Travis
Listing agent: Marlon Coplin

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