3404 American DR # 1324, Lago Vista TX 78645

Off Market

Spectacular View of The Island and Lake Travis

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Ed's Opinion of Value

$265,500 Ed's Estimate: $310,034 $345,145

Lowest Comp Recommended List: $253,000 to $263,000 Highest Comp

My analysis of 3 comparable properties puts this home's estimated value at $310,034. Based on how the local market is moving, a list price between $253,000 and $263,000 would position this home well. This home's position in the current ISLAND market: the most expensive of 3 comparable homes on the market among comparable properties. With 3 similar homes currently listed in ISLAND (a buyer's market), competition is a factor to consider. The 6 month price trend in ISLAND: risen 28.8%. The best comp here is 3404 American DR # 1105, Lago Vista TX 78645 at an adjusted value of $345,145, with a pool. The comp data here (3 sales in ISLAND) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus

ISLAND Market Trends

$365,000 Median Sold Price ▲ 28.8% 6mo

$304/sqft Median $/SqFt ▲ 38.8% 6mo

244 days Avg Days on Market 133 days slower

28 homes Active Inventory 56 mo supply

90.7% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$345,145 adjusted 3404 American DR # 1105, Lago Vista TX 78645 2bd / 2.0ba • 1,203 sqft • 0.1 mi Sold 1 months ago

$308,985 adjusted 1503 Emerald RD, Lago Vista TX 78645 2bd / 1.0ba • 1,267 sqft • 1.5 mi Sold 7 months ago

$266,562 adjusted 21718 Ticonderoga Ave, Lago Vista TX 78645 3bd / 2.0ba • 1,258 sqft • 0.5 mi Sold 9 months ago

Currently on Market

$299,000 3404 American DR # 3208, Lago Vista TX 78645 2bd / 2.0ba • 1,188 sqft • 0.1 mi 393 days on market

$265,500 3404 American DR # 3118, Lago Vista TX 78645 2bd / 2.0ba • 1,203 sqft • 0.1 mi 33 days on market

$299,900 3404 American DR # 1308, Lago Vista TX 78645 2bd / 2.0ba • 1,215 sqft • 0.1 mi 40 days on market

2 Beds

2 Baths 2 Full

1,188 Sq Ft

0.243 Acres

1987 Built

2 Garage

About This Property

Tastefully & Attractively Furnished 2 Bdrm/2 Bath, Completely Renovated, this (Top) 3rd Floor Condo has one of the best locations at The Island. Well Appointed Kitchen, Generous Dining area, Spacious Master Suite, Breathtaking Views of Lake Travis, Fabulous Sunsets, Overlooks 1 of 2 Fabulous Outdoor Pools, Underground Parking, Fitness Center, Indoor Pool, Tennis Courts. Enjoy this Gorgeous Condo as a second home or a great investment.Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
High Ceilings
Vaulted Ceiling(s)
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 Tile

Cooling Central Air

Heating Central

Exterior Boat Dock - Shared, Elevator

County Travis

MLS # 8296998

Garage 2 spaces

HOA & Community

HOA Fee $590 /Monthly

HOA Includes Common Area Maintenance, Landscaping

Tax Information

Annual Taxes (MLS) $3,623 (2014)

Listing History

MLS# 8296998 898 days

Mar 10, 2017	Off Market
Mar 8, 2017	Pending
Aug 17, 2014	Listed	$259,000

Frequently Asked Questions About 3404 American DR # 1324, Lago Vista TX 78645

When was 3404 American DR # 1324, Lago Vista TX 78645 built?

3404 American DR # 1324, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 1324, Lago Vista TX 78645 cost?

3404 American DR # 1324, Lago Vista TX 78645 sold on March 10, 2017. Contact us for sale price details.

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Aug 18, 2008	Off Market
Jun 29, 2008	Listed		$158,500