$177,000
3404 American DR 3212, Lago Vista, TX, 78645
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Incredible investment opportunity awaits! Unit includes 26 ft boat slip at the Island Marina. Can be sold furnished. The Island on Lake Travis condo community is located on 14 acres and is truly impeccable from it’s waterfront views of Lake Travis, alluring Mediterranean architecture, and all of the resort-style amenities it has to offer including 2 outdoor pools with hot tubs situated right against the lake, 1 indoor pool and hot tub, a fitness center, a salon/spa with sauna access, a restaurant, picnic/grilling areas, docks/boat ramps, tennis courts, and courtyards that will make you feel as though you’re strolling through Europe. This particular unit offers an open layout, stainless steel appliances, wood/tile flooring (no carpet), a full bath with a large walk-in shower, and plenty of storage space. If you’re looking to make an even stronger investment, you can reap the benefits of purchasing 4 units, fully furnished, plus a boat slip to really build out your portfolio. Short-term rentals are allowed and you and your guests can enjoy the security of private, gated access and assigned covered parking located under the building. This premier location is just across from Pace Bend Park and a quick drive away from the Lago Vista Country Club. This property is truly a unique Austin gem that you’re sure to fall in love with upon arrival!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lago Vista
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