ActiveResidential · sale

3404 American

Lago Vista, TX 78645

$349,000

  • 2 beds
  • 2 baths
  • 1,001 sq ft
  • 0.2 acres
  • Built 1987

Listed by Coplin Properties Lake Travis · MLS #ACT4106490

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

What stands out.

Year built

Built in 1987.

Garage parking

1 garage spaces listed.

Property size

0.2 acres 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 Welcome to luxury lakefront living at The Island on Lake Travis! This beautifully updated, fully furnished 2-bedroom, 2-bath condominium is truly move-in ready—just bring your clothes and start enjoying the resort lifestyle.

One of the community's most desirable and unique floor plans, Unit 3311 features a rare two-story layout with a private upstairs suite complete with a spacious bedroom and full bath, offering added privacy for guests or family. The thoughtfully updated interior combines comfort and style, making it ideal as a full-time residence, weekend getaway, or vacation investment.

A 28-foot covered boat slip is included with the sale, providing easy access to Lake Travis for boating, fishing, paddleboarding, or simply enjoying life on the water.

The Island offers an unmatched collection of resort-style amenities set on a private 13-acre waterfront peninsula. Residents enjoy three swimming pools, including a heated indoor lap pool, hot tubs, a dry sauna, a fully equipped fitness center, a day spa, lighted tennis and pickleball courts, beautifully landscaped grounds, waterfront access, marina facilities, fishing areas, picnic and grilling spaces, and an on-site restaurant.

Whether you're sipping your morning coffee overlooking the lake, spending the afternoon on the water, or relaxing by the pool after a day of adventure, Unit 3311 offers the perfect blend of comfort, convenience, and luxury. Opportunities to own one of these rare two-story units with an included covered boat slip are few and far between. Come experience waterfront living at its very best at The Island on Lake Travis.
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THE NEIGHBORHOOD

Explore the location.

3404 American, Lago Vista, TX 78645

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1987
Full baths
2
Half baths
0
Garage spaces
1
Cooling
Central Air, See Remarks
Heating
Heat Pump
Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Refrigerator, Vented Exhaust Fan, Washer/Dryer, Water Heater, Tankless Water Heater
Flooring
Tile, Vinyl
Fencing
Fenced, Partial, Wrought Iron
Accessibility
None
Pool features
Gunite, Heated, In Ground, Indoor, Lap, Outdoor Pool, Waterfall, None
Subdivision
Island On Lake Travis Condomin
Parcel
01689004990000
HOA
Island on Lake Travis
HOA amenities
Cable TV, Common Area Maintenance, Water, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Trash
HOA fee frequency
Monthly
Elementary school
Lago Vista
Middle school
Lago Vista
High school
Lago Vista
HOA fee
$586.40

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$1,454.17
Cap rate—

Annual operating income: —

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

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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

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.

  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
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.

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3404 American, Lago Vista, TX 78645 · MLS #ACT4106490

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Listing information

MLS #ACT4106490 · 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.