3404 American DR # 1101, Lago Vista TX 78645

Lago Vista, TX 78645 | Island

Ed's Opinion of Value

$173,772 Ed's Estimate: $259,073 $390,577
Lowest Comp Recommended List: $217,000 to $227,000 Highest Comp
Based on 7 closed sales in ISLAND, the data points to a value around $259,073 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $217,000 to $227,000. Buyers shopping in ISLAND right now would see this as a well positioned option among 3 comparable homes. This home's smaller footprint (611 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.14 acres versus 0.27 for the typical comp. 3 similar homes are currently available in ISLAND, creating a buyer's market for this price range. Market data shows ISLAND prices risen 28.8% over the last half year. The closest comparable sale, 3404 American DR # 3315, Lago Vista TX 78645 at an adjusted $279,509, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in ISLAND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
1 Beds
1 Baths 1 Full
705 Sq Ft
0.144 Acres
1987 Built
1 Garage

About This Property

Lakefront and poolside One Bedroom Condo on Lake Travis. Great Sunset view from your balcony. Upgraded Kitchen with granite countertops and designer sink and appliances. New AC Heat Pump installed a year ago. Enjoy the Island on Lake Travis' resort-style amenities: 2 Outdoor pools and spas, Fitness Center, Indoor Heated lap pool for year-round use. Locker rooms with showers, saunas. Professional Medical Spa and Salon to pamper you. On Site Restaurant with weekend entertainment. Leased through 4/2015. Sprinkler Sys:Yes

Features

  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Evaporative Cooling, Geothermal
Heating Geothermal, Heat Pump
Exterior Boat Dock - Shared, Exterior Steps, See Remarks
County Travis
MLS # 7485433
Garage 1 spaces

HOA & Community

HOA Fee $351 /Monthly
HOA Includes Common Area Maintenance, Hot Water, Insurance, Trash, Water

Tax Information

Annual Taxes (MLS) $2,572 (2013)

Listing History

MLS# 7485433 75 days (246 CDOM)
May 22, 2014 Off Market
May 15, 2014 Pending
Jan 1, 2014 Listed $109,000

Frequently Asked Questions About 3404 American DR # 1101, Lago Vista TX 78645

When was 3404 American DR # 1101, Lago Vista TX 78645 built?

3404 American DR # 1101, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 1101, Lago Vista TX 78645 cost?

3404 American DR # 1101, Lago Vista TX 78645 sold on May 22, 2014. Contact us for sale price details.

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