3404 American DR # 2215, Lago Vista TX 78645

Off Market

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Ed's Opinion of Value

$255,339 Ed's Estimate: $297,392 $330,545

Lowest Comp Recommended List: $242,000 to $252,000 Highest Comp

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $297,392. Pricing this home between $242,000 and $252,000 would put it in the competitive sweet spot for ISLAND. Buyers shopping in ISLAND right now would see this as a well positioned option among 3 comparable homes. 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 # 1105, Lago Vista TX 78645 at an adjusted $330,545, is 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

$330,545 adjusted 3404 American DR # 1105, Lago Vista TX 78645 2bd / 2.0ba • 1,203 sqft • 0.1 mi Sold 1 months ago

$296,705 adjusted 1503 Emerald RD, Lago Vista TX 78645 2bd / 1.0ba • 1,267 sqft • 1.5 mi Sold 7 months ago

$255,339 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

About This Property

This 2 bedroom, 2 full bath condo with stunning views of Austin's Lake Travis will not disappoint. Enjoy all the Island at Lake Travis community has to offer which includes 2 outdoor pools w/hot tubs, 1 indoor pool w/hot tub, fitness center, salon/spa, day dock, boat ramp, picnic/grilling areas, and lighted tennis courts. All furniture as well as 24' boat slip with lift also available, inquire for details. Significant short term rental/investment potential!

Features

Breakfast Bar
Multiple Dining Areas
Primary Bedroom on Main
Recessed Lighting

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 Electric

Exterior Balcony, Dock, Exterior Steps

County Travis

MLS # 7538005

HOA & Community

HOA Fee $591 /Monthly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $4,371 (2017)

Listing History

MLS# 7538005 132 days

Sep 26, 2018	Off Market
Sep 13, 2018	Pending
Aug 30, 2018	Price Change	$282,000
May 4, 2018	Listed	$299,900

Frequently Asked Questions About 3404 American DR # 2215, Lago Vista TX 78645

When was 3404 American DR # 2215, Lago Vista TX 78645 built?

3404 American DR # 2215, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 2215, Lago Vista TX 78645 cost?

3404 American DR # 2215, Lago Vista TX 78645 sold on September 26, 2018. Contact us for sale price details.

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$265,000 1919 American DR # 110, Lago Vista TX 78645 2 bd | 2 ba

$265,500 3404 American DR # 3118, Lago Vista TX 78645 2 bd | 2 ba

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