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$204,000

NAL Estimated Property Value

3404 American DR 1121, Lago Vista, TX, 78645

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths547 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$228.52 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Microwave, Oven, Free-Standing Range, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Balcony, Tennis Court(s)
Lot Size4,866 sqft

Building Information

Year Built1987
Stories1

Land Information

APN01689003230000
Lot Number1121
SubdivisionIsland On Lake Travis Condominium Amende
Land UseResidential
Legal DescriptionUNT 1121 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .2619 % INT IN COM AREA
Census Tract037400
Assessed Land Value$38,925
Assessed Improvement Value$146,767
Assessment Year2025

About this property

Relax on the balcony over-looking one of the three pools and beautiful Lake Travis. Wood and tile floors, granite counters. Two outdoor pools w/ hot tubs, 1 indoor pool w/hot tub, fully equipped fitness center, dry sauna, showers, spa, restaurant/bar and tennis on the island. Boat slips can be purchased and there is a day dock for occasional use. There is a boat ramp on the island. Great investment opportunity for short term rental.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$204,000
Estimated Property Value
$184,923Estimated Mortgage Balance
$19,077Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,224 /month
Positive
Cash Flow Estimate:
$408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$85/month
$272/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$185,692
2025
$38,925
$146,767
$185,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$185,692

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$191,200
No
First
Jul 18, 2024
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,923
$19,077
9%
91%
$1,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,419/mo
+$21/mo
8.5%

City: Lago Vista