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$377,307

NAL Estimated Property Value

3404 American Dr Apt 1124, Lago Vista, TX, 78645

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,182 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$266.5 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Free-Standing Refrigerator
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Grill
Lot Size10,511 sqft

Building Information

Year Built1987
Stories1

Land Information

APN01689003260000
Lot Number1124
SubdivisionIsland On Lake Travis Condominium Amende
Land UseResidential
Legal DescriptionUNT 1124 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .5659 % INT IN COM AREA
Census Tract037400
Assessed Land Value$84,088
Assessed Improvement Value$293,219
Assessment Year2024

About this property

Welcome to The Island Condominiums, where you'll find luxurious waterfront living at its finest. This stunning 2 bedroom, 2 bathroom condo is fully furnished in a beautiful Tuscan decor that exudes warmth and elegance. As you step inside, you'll immediately notice the amazing attention to detail throughout the home that brings together the Tuscan-inspired aesthetic perfectly. Imagine yourself relaxing in the cozy living room, watching the shimmering waters of Lake Travis from your very own big back patio. This condo is nestled in a waterfront community that takes your breath away each time you enter. The community features two lakeside pools, one indoor heated pool, multiple hot tubs, spa facilities, and a restaurant on site. Whether you're looking for a quiet getaway or an active lifestyle, this community has got you covered. You can enjoy the peaceful lake views from your own private patio, take a dip in one of the pools, or venture out to explore all of the nearby attractions. In short, this condo is a stunning retreat that beautifully blends elegant decor with the tranquility of lakefront living. Don't miss your chance to experience the joys of living at The Island Condominiums. Schedule your viewing today!

Investor Tools

Property Icon
$377,307
Estimated Property Value
$0Estimated Mortgage Balance
$377,307Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,264 /month
Positive
Cash Flow Estimate:
$755 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
$587/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,815
$377,307
2024
$84,088
$293,219
$377,307
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,815
$377,307

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,307
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$587/mo
+$1,103/mo
5.4%

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.

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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 Apt 1124 | Property Details | No Agent List