- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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$235,000
Monthly Est:$1,170
2 Beds
2 Baths2 full baths
1,182sqft
3404 American Dr #2106, Lago Vista, TX 78645
$235,000
$1,170/moEst:
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Condominium
Built in 1987
$692/mo HOA
10,511.03 sqft lot
$199/sq.ft
Description
**Professionally managed STR with rental performance of $16,712 in actual gross rental revenue in 2025, and projected 2026 gross rental revenue of $23,323—representing an approximately 40% year-over-year increase! Financials available upon request** Lake Travis is FULL—and this is your opportunity to own a turnkey waterfront retreat before the season slips away. Enjoy endless days on the water with the option to purchase a 26' private boat slip for an additional $25,000, or generate income with this beautifully updated 2BR/2BA waterfront condo featuring a proven STR history. This fully furnished, lock-and-leave condo is ready for immediate enjoyment or investment. Located on the 1st floor, #2106 is a spectacular east-facing unit that offers beautiful waterfront views with comfortable afternoon shade and features fresh interior paint, updated indoor and outdoor furnishings, granite countertops, hardwood and tile flooring throughout, crown molding, and a spacious primary suite with a soaking tub and separate shower. The thoughtfully designed floor plan comfortably sleeps up to six guests, making it ideal as both a personal retreat and an income-producing property. Located in the highly desirable second phase of The Island, residents enjoy resort-style amenities including an active community center, 3 swimming pools (including an indoor lap pool, currently closed), 3 hot tubs, a dry sauna, tennis courts, a fitness center, a full-service spa, an on-site restaurant, and direct access to all that Lake Travis has to offer. Spend your days boating, surfing, swimming, and relaxing on the water with the convenience of the optional 26' boat slip, available for purchase outside of the condo sale. Both the condo and the boat slip may be rented as STRs in accordance with The Island COA regulations. Due to unique circumstances within the condo community, the seller prefers cash offers and has priced this property aggressively for a quick sale.
- Houzeo last checked: 12 hours ago
- Listing updated: August 24, 2026 at 9:45 pm
- Listing Provided by: Kimberly Zipfel (512) 739-4560 | The Marye Company (512) 444-7171
- Source: Unlock MLS-TX | MLS#: 7685670
Part of
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
1987
HOA Fees
$692/mo
Finished Area
1,182 sqft
Lot Size
10,511.03 sqft lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
7685670
MLS Status
Active
Days on Market
198
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Location
HOA Management
Island COA
HOA Fees
$692.35/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Security Guard
Electricity
Gas
Cable TV
Lawn Care
Water
Insurance
Internet
Sewer
Maintenance
Trash Pickup
Common Area Maintenance
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Flooring
Laminate, No Carpet, Tile
Heating
Central, Heat Pump
Cooling
Central Air
Window Features
Energy Star Qualified Windows, Window Treatments
Appliances
Dishwasher, Disposal, Electric Range, Energy Star Qualified Appliances, Exhaust Fan, Microwave, Oven, Free Standing Range, Refrigerator, Self Cleaning Oven
Sewer
Public Sewer
Exterior Features
Barbecue, Boat Dock Shared, Boat Slip, Gutters Full, Tennis Court(s)
Interior Features
Breakfast Bar, Ceiling Fan(s), Granite Counters, Crown Molding, Elevator, In Law Floorplan, No Interior Steps, Pantry, Primary Bedroom On Main, Walk In Closet(s)
Construction
Year Built
Year Built: 1987
Home type
Condominium
Roof
Composition
Foundation Details
Pillar/post/pier
Property Condition
Updated/remodeled
Construction Materials
Masonry – All Sides, Stucco
Utilities & Energy
Fireplace Features
Electric
Pool Features
Heated, In Ground, Indoor, Outdoor Pool, Pool/spa Combo
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Water Source
Public
Parking Features
Assigned, Garage, Reserved
Security Features
Fire Alarm, Security Lights, Smoke Detector(s)
Other Features
Subdivision Name
Island On Lake Travis Condomin
Lot Features
Sprinkler Automatic, Trees Large (over 40 Ft), Views
Community Features
Common Grounds, Courtyard, Fishing, Fitness Center, Garage Parking, Gated, Hot Tub, Lake, Picnic Area, Pool, Sauna, Sidewalks, Sport Court(s)/facility, Tennis Court(s)
Patio And Porch Features
Arbor, Covered, Patio
Disclosures
Seller Disclosure
Price History
| Date | Event | Price |
|---|---|---|
07/18/2026 Source: | Price Decreased | $235,000 -8.56% $199/sqft |
05/07/2026 Source: | Listed for Sale | $257,000 -33.25% $217/sqft |
06/27/2025 Source: | Listing Removed | $385,000 -6.10% $326/sqft |
01/28/2025 Source: | Listed for Sale | $410,000 +15.49% $347/sqft |
06/23/2021 Source: | Price Increased | $355,000 +19089.19% $300/sqft |
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Based on information submitted to the MLS GRID from Unlock MLS through Oct 07, 2026, 06:00AM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Unlock MLS. All Rights Reserved.
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