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$373,319

NAL Estimated Property Value

3404 American DR 3308, Lago Vista, TX, 78645

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,188 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$143.01 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size10,568 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN01689004960000
Lot Number3308
SubdivisionIsland On Lake Travis Condominium Amende
Land UseResidential
Legal DescriptionUNT 3308 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .5688 % INT IN COM AREA
Census Tract037400
Assessed Land Value$84,541
Assessed Improvement Value$288,778
Assessment Year2025

About this property

Nicely updated 2 bedroom, 2 bath condo on 3rd floor with vaulted ceilings. Granite countertops, stainless appliances and travertine tile in kitchen. Master bath has a jetted tub, separate shower, double vanity and walk-in closet. Secondary bath has large tile shower. Living room and master both have doors that lead to the large balcony with cove views. Appliances and furnishings convey.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$373,319
Estimated Property Value
$151,363Estimated Mortgage Balance
$221,956Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,240 /month
Positive
Cash Flow Estimate:
$747 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
$591/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,852
$373,319
2025
$84,541
$288,778
$373,319
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,852
$373,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$172,500
No
First
Feb 27, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,363
$221,956
59%
41%
$1,035/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,626/mo
+$64/mo
5.4%

City: Lago Vista

3404 American DR 3308 | Property Details | No Agent List