$204,000
NAL Estimated Property Value3404 American DR 1121, Lago Vista, TX, 78645
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Microwave, Oven, Free-Standing Range, Refrigerator
FlooringTile, Wood
Exterior
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
$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
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%
