For Sale Condo MLS# ACT7685670

3404 American Dr #2106

Lago Vista, TX 78645

$235,000

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About 3404 American Dr #2106

**Professionally managed STR with rental performance of $16,712 in actual gross rental revenue in 2025, and projected 2026 gross rental revenue of $23,323—representing an approximately 40% year-over-year increase! Financials available upon request** Lake Travis is FULL—and this is your opportunity to own a turnkey waterfront retreat before the season slips away. Enjoy endless days on the water with the option to purchase a 26' private boat slip for an additional $25,000, or generate income with this beautifully updated 2BR/2BA waterfront condo featuring a proven STR history. This fully furnished, lock-and-leave condo is ready for immediate enjoyment or investment. Located on the 1st floor, #2106 is a spectacular east-facing unit that offers beautiful waterfront views with comfortable afternoon shade and features fresh interior paint, updated indoor and outdoor furnishings, granite countertops, hardwood and tile flooring throughout, crown molding, and a spacious primary suite with a soaking tub and separate shower. The thoughtfully designed floor plan comfortably sleeps up to six guests, making it ideal as both a personal retreat and an income-producing property. Located in the highly desirable second phase of The Island, residents enjoy resort-style amenities including an active community center, 3 swimming pools (including an indoor lap pool, currently closed), 3 hot tubs, a dry sauna, tennis courts, a fitness center, a full-service spa, an on-site restaurant, and direct access to all that Lake Travis has to offer. Spend your days boating, surfing, swimming, and relaxing on the water with the convenience of the optional 26' boat slip, available for purchase outside of the condo sale. Both the condo and the boat slip may be rented as STRs in accordance with The Island COA regulations. Due to unique circumstances within the condo community, the seller prefers cash offers and has priced this property aggressively for a quick sale.

Property details

Property

Type
Condominium
MLS type
Residential
Status
Active
Year built
1987
Stories
One
Living area
1,182 sqft
Price / sqft
$199
Lot
0.2413 AC / 10,511 SF
Full baths
2
Original price
$287,000
MLS #
7685670

Interior

Features
Breakfast Bar, Ceiling Fan(s), Granite Counters, Crown Molding, Elevator, In-Law Floorplan, No Interior Steps, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
Appliances
Dishwasher, Disposal, Electric Range, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Oven, Free-Standing Range, Refrigerator, Self Cleaning Oven
Flooring
Laminate, No Carpet, Tile
Heating
Central, Heat Pump
Cooling
Central Air
Fireplaces
1
Laundry
Laundry Room,Main Level
Windows
ENERGY STAR Qualified Windows, Window Treatments

Exterior & lot

Features
Barbecue, Boat Dock - Shared, Boat Slip, Gutters Full, Tennis Court(s)
Roof
Composition
Foundation
Pillar/Post/Pier
Lot
Sprinkler - Automatic, Trees-Large (Over 40 Ft), Views
Patio & porch
Arbor, Covered, Patio
Fence
Fenced, Partial, Wrought Iron
View
Hill Country, Lake, Park/Greenbelt, River
Pool
Heated, In Ground, Indoor, Outdoor Pool, Pool/Spa Combo
Waterfront
Lake Front
Parking
Assigned, Garage, Reserved
Garage spaces
2

Schools

District
Lago Vista ISD
Elementary
Lago Vista
Middle
Lago Vista
High
Lago Vista

Utilities

Utilities
Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Water
Public
Sewer
Public Sewer
Security
Fire Alarm, Security Lights, Smoke Detector(s)

Financial

HOA
Yes
Annual tax
$6,601
Tax year
2025
Parcel
01689003880000
Legal
UNT 2106 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .5659 % INT IN COM AREA
Special conditions
Standard

Location

Subdivision
Island On Lake Travis Condomin
County
Travis
Directions
183 N to Cedar Park. West on 1431 going approximately 11 miles. Left on Lohman Ford Road. 3 miles turn right on Boggy Ford Road. 2.5 miles right on Poe Cove. 0.2 miles left on Pershing Avenue. 0.2 miles right on American Drive which dead ends at The Island.

Location

Neighborhood
Island On Lake Travis Condomin

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Listed by Kimberly Zipfel, The Marye Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.