3404 American Dr Unit 2306 Lago Vista, TX 78645
Highland Lake Estates NeighborhoodEstimated payment $2,345/month
Total Views
2,043
2
Beds
2
Baths
1,188
Sq Ft
$210
Price per Sq Ft
Highlights
- Lake Front
- Marina View
- Fitness Center
- Lago Vista Elementary School Rated A-
- Boat Slip
- 24-Hour Security
About This Home
Welcome to this beautifully renovated, Designer fully furnished 2 bed/2 bath condo on the Island on Lake Travis. This Unit is a golden opportunity for investors with having already secured lease until March 2025. Unit #2306 is a rare, coveted penthouse unit with vaulted ceilings. It lives much larger than similar units. You will enjoy a multi-million dollar waterfront lifestyle for a fraction of the cost. The Island on Lake Travis is a 212-villa gated community with all the amenities you could wish for. Private marina, large indoor pool, 2 outdoor pools, Jacuzzis and saunas, tennis courts, shuffleboard courts, numerous outdoor courtyards, lakeside seating, community BBQ Pit/grill, fitness center, picnic areas, bike storage, spa, sporting goods rental shop and private lounge for events with bar on site. Close to the Lago Vista Country Club and Pace Bend Park is accessible directly across the lake via kayak, paddleboard or boat. This unit is move-in ready. It includes granite countertops, in-unit washer and dryer, expansive balconies for great summer BBQ and enjoying the Lake Travis lifestyle. This unit also includes 2 reserved parking spaces and an owners storage closet in the covered garage. (Use the gate code to access the gym, spa, pool, rental shop, but add a # at the end. ) SHORT TERM RENTALS ARE ALLOWED. This unit has been preserved and used by a private owner. Fantastic rental potential. There is an optional brand new boat slip(2021 construction) in a private owners-only marina which can be included with additional price
Listing Agent
My Castle Realty Brokerage Phone: (713) 683-0054 License #0508227 Listed on: 04/29/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1987
Lot Details
- Lake Front
- Southeast Facing Home
HOA Fees
- $702 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Additional Parking
- Community Parking Structure
Property Views
- Marina
- River
- Woods
- Garden
Home Design
- Mixed Roof Materials
- Concrete Siding
- Stone Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1,188 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Drapes & Rods
- Living Room
- Storage
- Dryer
- Laminate Flooring
Kitchen
- Eat-In Kitchen
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- Two Primary Bathrooms
- 2 Full Bathrooms
Home Security
Accessible Home Design
- Accessible Washer and Dryer
- No Interior Steps
Eco-Friendly Details
- North Carolina Healthy Built Homes
- Energy-Efficient Doors
Pool
- Pool House
- Spa
Outdoor Features
- Boat Slip
- Lake Privileges
- Balcony
- Outdoor Storage
- Outdoor Gas Grill
Location
- Property is near a clubhouse
Schools
- Lago Vista Elementary And Middle School
- Lago Vista High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 01689004240000
Community Details
Overview
- Association fees include cable TV, internet, sewer, trash, water
- Iolt Association
- Island On Lake Travis Condomin Subdivision
- Community Lake
Amenities
- Community Barbecue Grill
- Picnic Area
- Courtyard
- Common Area
- Sauna
- Clubhouse
- Lounge
- Laundry Facilities
Recreation
- Fitness Center
- Community Pool
- Fishing
- Dog Park
- Tennis Courts
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Gated Community
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $8,721 | $451,265 | $84,541 | $366,724 |
| 2022 | $9,072 | $410,845 | $84,541 | $326,304 |
| 2021 | $6,378 | $260,069 | $84,541 | $175,528 |
| 2020 | $6,267 | $243,400 | $84,541 | $158,859 |
| 2018 | $4,547 | $171,946 | $84,541 | $87,405 |
| 2017 | $4,522 | $176,346 | $84,541 | $91,805 |
| 2016 | $3,583 | $142,500 | $84,541 | $57,959 |
| 2015 | $4,222 | $153,973 | $84,541 | $69,432 |
| 2014 | $4,222 | $174,224 | $84,541 | $89,683 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Price Changed | $250,000 | -5.7% | $210 / Sq Ft |
| 04/29/2025 04/29/25 | For Sale | $265,000 | 0.0% | $223 / Sq Ft |
| 10/31/2022 10/31/22 | Rented | $2,500 | 0.0% | -- |
| 08/15/2022 08/15/22 | For Rent | $2,500 | 0.0% | -- |
| 04/27/2022 04/27/22 | Sold | -- | -- | -- |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- |
| 04/02/2022 04/02/22 | Price Changed | $590,000 | 0.0% | $497 / Sq Ft |
| 04/02/2022 04/02/22 | For Sale | $590,000 | +0.9% | $497 / Sq Ft |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- |
| 02/17/2022 02/17/22 | For Sale | $585,000 | 0.0% | $492 / Sq Ft |
| 05/04/2016 05/04/16 | Rented | $1,700 | +13.3% | -- |
| 04/14/2016 04/14/16 | Under Contract | -- | -- | -- |
| 04/07/2016 04/07/16 | For Rent | $1,500 | 0.0% | -- |
| 11/18/2015 11/18/15 | Sold | -- | -- | -- |
| 10/30/2015 10/30/15 | Pending | -- | -- | -- |
| 10/08/2015 10/08/15 | For Sale | $149,000 | 0.0% | $125 / Sq Ft |
| 06/13/2015 06/13/15 | Pending | -- | -- | -- |
| 05/20/2015 05/20/15 | For Sale | $149,000 | -- | $125 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | Alamo Title Company | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $231,219 | None Available | |
| Vendors Lien | -- | Ameripoint Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $558,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $276,560 | Stand Alone First |
Source: Public Records
Similar Homes in Lago Vista, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6310637
APN: 709505
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