3404 American DR # 3116, Lago Vista TX 78645

Lago Vista, TX 78645 | Island

Ed's Opinion of Value

$169,825 Ed's Estimate: $253,238 $383,768
Lowest Comp Recommended List: $268,000 to $270,000 Highest Comp
Based on 7 closed sales in ISLAND, the data points to a value around $253,238 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $268,000 to $270,000. This home's position in the current ISLAND market: no active comparable homes on the market among comparable properties. The smaller floor plan (890 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.09 acres versus 0.27 for the typical comp. 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 $270,073, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
1 Beds
1 Baths 1 Full
426 Sq Ft
0.087 Acres
1987 Built
1 Garage

About This Property

Great condo at the Island of Lake Travis. The complex has stunning views of Lake Travis. On-site indoor pool, 2 outdoor pools, day dock, fitness center, tennis courts, day spa and coming soon this Spring a Restaurant & Bar in the complex. Everything is right here! Lake is full, sun and fun all around. Boat docks available to purchase by property owners. For full-time residents there are lots of planned activities.Restrictions: Yes

Features

  • Breakfast Bar
  • Primary Bedroom on Main
  • Recessed Lighting

Location

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 Dock
County Travis
MLS # 7583865
Garage 1 spaces

HOA & Community

HOA Fee $212 /Monthly
HOA Includes Common Area Maintenance, Insurance

Tax Information

Annual Taxes (MLS) $1,794 (2017)

Listing History

MLS# 7583865 4 days
May 15, 2018 Off Market
Apr 10, 2018 Pending
Apr 6, 2018 Listed $93,000

Frequently Asked Questions About 3404 American DR # 3116, Lago Vista TX 78645

When was 3404 American DR # 3116, Lago Vista TX 78645 built?

3404 American DR # 3116, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 3116, Lago Vista TX 78645 cost?

3404 American DR # 3116, Lago Vista TX 78645 sold on May 15, 2018. Contact us for sale price details.

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