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$242,806

NAL Estimated Property Value

3404 American Dr Apt 2108, Lago Vista, TX, 78645

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths842 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$344.3 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
AppliancesElectric Range, Microwave, Electric Oven
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size7,488 sqft

Building Information

Year Built1987
Stories1
Garage Spaces1

Land Information

APN01689003900000
Lot Number2108
SubdivisionIsland On Lake Travis Condominium Amende
Land UseResidential
Legal DescriptionUNT 2108 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .4031 % INT IN COM AREA
Census Tract037400
Assessed Land Value$59,904
Assessed Improvement Value$182,902
Assessment Year2025

About this property

Incredible views of Lake Travis! Come check out this beautifully remodeled condo in The Island on Lake Travis! This lovely condo includes, a large 1 bedroom and 1.5 bathrooms! Updated Ceramic flooring, shower & fixtures, updated SS kitchen appliances, updated light fixtures, and much more! This condo sits on the East side of The Island, to avoid the late afternoon heat and glare. This gated villa community includes access to Lake Travis, 1 indoor pool & 2 outdoor pools, Indoor & Outdoor Hot Tubs, on-site Restaurant, & Fitness Center. Other amenities also include a boat launch, storage space, assigned parking, tennis courts, smoker, grills and so much more! You can truly live like you are on vacation or SHORT TERM RENTALS are allowed! Furniture is negotiable to be purchased. See upgrades list and items available to purchase. Come check this out! This won't last!

Investor Tools

Property Icon
$242,806
Estimated Property Value
$0Estimated Mortgage Balance
$242,806Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
$431/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,384
$242,806
2025
$59,904
$182,902
$242,806
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,384
$242,806

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$242,806
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$431/mo
+$1,009/mo
7.1%

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 Apt 2108 | Property Details | No Agent List