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$340,957

NAL Estimated Property Value

3404 American DR 2206, Lago Vista, TX, 78645

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,188 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$202.02 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Dryer, Electric Cooktop, Refrigerator
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock
Lot Size10,568 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN01689004070000
Lot Number2206
SubdivisionIsland On Lake Travis Condominium Amende
Land UseResidential
Legal DescriptionUNT 2206 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .5688 % INT IN COM AREA
Census Tract037400
Assessed Land Value$84,541
Assessed Improvement Value$256,416
Assessment Year2025

About this property

Beautiful waterfront paradise on Lake Travis! Resort has a fitness center, spa, tennis courts, restaurant and indoor and outdoor pools and hot-tub! This unit of Island at Lake Travis Villa has had major up dating with all new flooring, full kitchen updates including granite, fully remodeled bathrooms, lighting fixtures, new appliances, wet bar and huge outdoor patio for entertaining! Make it your retreat or vacation spot or live in luxury right on the lake with lake access! Sprinkler Sys:Yes

Investor Tools

Property Icon
$340,957
Estimated Property Value
$156,553Estimated Mortgage Balance
$184,404Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,046 /month
Positive
Cash Flow Estimate:
$682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$590/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,298
$340,957
2025
$84,541
$256,416
$340,957
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,298
$340,957

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$175,500
No
First
Oct 12, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,553
$184,404
54%
46%
$1,053/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,643/mo
+$47/mo
5.9%

City: Lago Vista

3404 American DR 2206 | Property Details | No Agent List