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$314,352

NAL Estimated Property Value

3404 American DR 3213, Lago Vista, TX, 78645

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,078 Sq Ft
price_per_sqft$156.77 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Free Standing Range, Disposal, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesElevator, No Exterior Steps, See Remarks, Tennis Courts
Lot Size9,588 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN0168900475
Lot Number3213
SubdivisionIsland On Lake Travis Condominium Amende
Land UseCondominiums
Legal DescriptionUNT 3213 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .5161 % INT IN COM AREA
Census Tract037400
Assessed Land Value$76,700
Assessed Improvement Value$237,652
Assessment Year2025

About this property

Upgraded 2 bdrm, 2 bath unit with fireplace and extra large balcony. Enjoy the beautiful panoramic view of lake. Enjoy the many benefits of ownership at The Island - beautiful, fully equipped fitness center with indoor lap pool, outdoor pools, tennis, shuffleboard, outdoor grills, marina (slips available) and on-site restaurant. You can buy or lease a boat slip at new marina. Sale prices start at $20,000 or lease for $350 per month. Great wedding venue!FEMA - Unknown Sprinkler Sys:Yes

Investor Tools

Property Icon
$314,352
Estimated Property Value
$0Estimated Mortgage Balance
$314,352Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,886 /month
Positive
Cash Flow Estimate:
$629 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
$536/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,883
$314,352
2025
$76,700
$237,652
$314,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,883
$314,352

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$314,352
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$536/mo
+$1,154/mo
6.5%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lago Vista

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3404 American DR 3213 | Property Details | No Agent List