ActiveResidential · sale

3404 American Dr #3111

Lago Vista, TX 78645

$175,000

  • 1 beds
  • 1 baths
  • 779 sq ft
  • 0.16 acres
  • Built 1987

Listed by eXp Realty, LLC · MLS #ACT6261185

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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3404 American Dr #3111, Lago Vista, TX 78645 · MLS #ACT6261185

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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

0.16 acres listed.

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

THE PROPERTY

Get to know the property.

Experience True Resort-Style Living On The Island on Lake Travis! This Stunning fully furnished One Bedroom, One Bathroom Condo Offers Breathtaking, Unobstructed Lake Views Paired With A Massive Outdoor Terrace—Perfect For Entertaining Or Relaxing While Enjoying The Beauty Of Lake Travis. This Turnkey Unit Can Be Sold Fully Furnished, Making It An Incredible Opportunity For Investors Or Those Seeking A Vacation Retreat. Short-Term Rentals Are Allowed And Perform Exceptionally Well, Offering Strong Income Potential In One Of The Most Sought-After Waterfront Communities In The Area. Inside, You’ll Find A Beautifully Remodeled Kitchen Featuring Granite Countertops, Sleek Modern Cabinetry, And Updated Finishes Throughout. The Spacious Bedroom Provides Comfort And Privacy, While The Luxurious Bathroom Includes A Walk-In Shower And A Relaxing Soaking Tub—Perfect For Unwinding After A Day On The Lake. This Fully Gated Community Offers Top-Tier Amenities Including Multiple Resort-Style Pools, A Spa, Fitness Center, Marina With Direct Lake Access, And An On-Site Restaurant And Bar—Everything You Need For The Ultimate Lakefront Lifestyle. Don’t Miss Your Chance To Own A Waterfront Condo That Truly Feels Like A Vacation Every Day On Lake Travis!
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THE NEIGHBORHOOD

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3404 American Dr #3111, 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$506,738Down 1.2% vs. the previous 12 months
Months of supply5.712-month average
Days on market8312-month weighted average

Latest available data: September 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
Central Air
Heating
Heat Pump
Appliances
Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer
Flooring
Carpet, Tile
Fencing
Gate
Accessibility
See Remarks
Pool features
None
Subdivision
Island On Lake Travis Condomin
Parcel
01689004460000
HOA
Island on Lake Travis HOA
HOA amenities
Cable TV, Internet, Maintenance Grounds
HOA fee frequency
Monthly
Elementary school
Lago Vista
Middle school
Lago Vista
High school
Lago Vista
Annual property tax
$5,201.34
HOA fee
$443.00

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

Investor outlook Rental potential, ownership costs and property management

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$-353.73
Estimated monthly rent$729.17
Cap rate-2.18%

Annual operating income: $-3,807.31

HOA: Includes $443.00 per month in HOA dues, converted from the $443.00 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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Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  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.

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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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Listing information

MLS #ACT6261185 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Joe Hawes

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.