3404 American DR # 1226, Lago Vista TX 78645

Lago Vista, TX 78645 | Island

Ed's Opinion of Value

$204,560 Ed's Estimate: $235,163 $269,392
Lowest Comp Recommended List: $247,000 to $269,000 Highest Comp
After reviewing 7 recent transactions in ISLAND, I estimate this property's value at $235,163. A competitive list price for this home right now would fall in the $247,000 to $269,000 range. Relative to what's currently available in ISLAND, this home would be no active comparable homes on the market. The smaller floor plan (789 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.10 acres versus the area average of 0.20) contributes to the valuation. Prices in 78645 have fallen 8.6% over the last 6 months. A similar home at 3404 American DR # 2302, Lago Vista TX 78645 carries an adjusted comparable value of $231,942, providing a strong data point. With 7 comparable sales in ISLAND, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
1 Beds
1 Baths 1 Full
492 Sq Ft
0.1005 Acres
1987 Built
1 Garage

About This Property

Discover your perfect lakeside getaway at The Island on Lake Travis, located at 3404 American Dr, #1226. This charming 1-bed, 1-bath condo, under 500 square feet, is an ideal investment opportunity, currently thriving as a short-term rental. Compact yet thoughtfully designed, this condo offers everything you need for a cozy retreat or a lucrative rental property.

Resort-Style Amenities:

Pools & Fitness: Enjoy access to 1 indoor pool and 2 outdoor pools, a spa, and a state-of-the-art fitness center, all designed for your relaxation and well-being.
Dining & Shopping: Dine at the lakeside restaurant, rent gear from the equipment rental shop, and browse the custom clothing store for unique finds.
Outdoor Activities: Engage in outdoor fun on the basketball, tennis, and pickleball courts, or host gatherings at the BBQ area. Private boat slips (available), a shared dock, boat ramps, and cozy sitting areas allow you to fully enjoy the stunning views and activities Lake Travis has to offer.

Outdoor Adventure: Lago Vista offers a wealth of outdoor activities, from boating and fishing on Lake Travis to hiking and golfing nearby. Enjoy scenic walks, picnics by the water, and endless opportunities to connect with nature.
Peaceful Lifestyle: Embrace the relaxed, small-town atmosphere of Lago Vista, where friendly neighbors and a strong sense of community make you feel right at home.
Proximity to Austin: Just a short drive from Austin, Lago Vista provides the perfect balance of tranquil living with easy access to the city's vibrant culture, dining, and entertainment.

This cozy condo offers a rare opportunity to own a piece of paradise on Lake Travis. Whether you’re looking for a personal retreat or a high-performing rental, this property is a gem! HOA dues are $279/month and tax rate of 2%. Boat slip available for sale.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Laminate Counters
  • No Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

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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 Central Air
Heating Central
Exterior Basketball Court, Boat Dock - Shared, Boat Ramp, Boat Slip, Sport Court, Tennis Court(s)
County Travis
MLS # 9961326

Parking

Garage 1 spaces

HOA & Community

HOA Fee $280 /Monthly
HOA Includes Maintenance Grounds, Sewer, Trash, Water

Tax Information

Annual Taxes $4,126 (2024)

Listing History

MLS# 9961326 - Updated Mar 24, 2026 316 days (494 CDOM)
Sep 19, 2025 Off Market
Aug 8, 2025 Price Change $180,000
Oct 3, 2024 Listed $199,000

Frequently Asked Questions About 3404 American DR # 1226, Lago Vista TX 78645

When was 3404 American DR # 1226, Lago Vista TX 78645 built?

3404 American DR # 1226, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 1226, Lago Vista TX 78645 cost?

3404 American DR # 1226, Lago Vista TX 78645 sold on September 19, 2025. Contact us for sale price details.

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