3404 American DR # 3120, Lago Vista TX 78645

Lago Vista, TX 78645 | Island

Ed's Opinion of Value

$374,120 Ed's Estimate: $404,952 $535,000
Lowest Comp Recommended List: $397,000 to $413,000 Highest Comp
The comparable sales data (3 recent transactions in ISLAND) supports an estimated value of $404,952. The data suggests a list price between $397,000 and $413,000 would attract qualified buyers without leaving money on the table. This home's position in the current ISLAND market: the most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (236 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1987 (5 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in ISLAND, listed between $429,000 and $535,000. Prices in ISLAND have fallen 37.9% over the last 6 months. A similar home at 3404 American DR # 3221, Lago Vista TX 78645 carries an adjusted comparable value of $433,848, providing a strong data point. This estimate draws on 3 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
3 Beds
2 Baths 2 Full
1,689 Sq Ft
0.3449 Acres
1987 Built
2 Garage

About This Property

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Don’t miss this rare opportunity to own one of the most spectacular units on the island. This prime corner residence offers breathtaking panoramic views of Lake Travis with unobstructed west-facing sunsets stretching across the water toward Pace Bend Park. Positioned directly over the lake in a private area of the development, the home enjoys exceptional privacy with a secluded balcony and no neighboring units in view.

This spacious, single-level condominium spans 1,689 square feet and features three bedrooms and two beautifully updated bathrooms. The unit comes fully furnished and allows short-term rentals, making it an outstanding vacation home, income-producing property, second residence, or ideal retirement retreat. Elevator access in the building adds to the ease and comfort of one-level living.

The home has been completely renovated from top to bottom, including new wiring, HVAC, flooring, fixtures, lighting, paint, tile, appliances, cabinetry, and granite countertops. The primary suite is a true sanctuary, featuring a stunning designer double shower and its own fireplace, while a second fireplace in the living area creates a warm and inviting atmosphere. An in-unit laundry room adds everyday convenience.

Residents enjoy a true resort-style lifestyle with access to multiple outdoor pools, an indoor pool, jacuzzi, saunas, tennis courts, shuffleboard courts, numerous courtyards, lakeside seating areas, community barbecue grills, a fully equipped fitness center and spa, and an exceptional on-site restaurant. The HOA also includes water, trash, internet and cable! With its incredible views, privacy, extensive upgrades, and unbeatable amenities, this property offers a rare blend of luxury, lifestyle, and outstanding short-term rental potential on Lake Travis.

Property Highlights

Waterfront Lake Travis · Lake Front
View Hill Country, Lake

Features

  • Breakfast Bar
  • Quartz Counters
  • Double Vanity
  • Open Floorplan
  • Primary Bedroom on Main
  • Storage
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Construction Stucco
Roof Tile
Foundation Slab
Levels One
Flooring Vinyl
Cooling Central Air
Heating Central
Fireplace Bedroom, Family Room
Exterior Balcony, Private Entrance
County Travis
MLS # 8910284
Garage 2 spaces
Parking 2 spaces: Garage, Parking Lot
Windows Double Pane Windows
Security Secured Garage/Parking

Lot, Outdoor & Utilities

Lot Features Close to Clubhouse, Private, Views
Patio & Porch Covered
Water Public
Sewer Public Sewer
Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected

HOA & Community

HOA Fee $989 /Monthly
HOA Name Island on Lake Travis
HOA Includes Cable TV, Internet, Trash, Water
Community Features Fishing, Fitness Center, Gated, High Speed Internet, Pool, Restaurant, Spa/Hot Tub, Sport Court(s)/Facility, Tennis Court(s)

Tax Information

Annual Taxes (MLS) $11,819 (2025)
Assessed Value $567,311
Exemptions Homestead, Over 65

Listing History

MLS# 8910284 73 days
Mar 31, 2026 Off Market
Mar 17, 2026 Pending
Jan 3, 2026 Listed $575,000

Frequently Asked Questions About 3404 American DR # 3120, Lago Vista TX 78645

When was 3404 American DR # 3120, Lago Vista TX 78645 built?

3404 American DR # 3120, Lago Vista TX 78645 was built in 1987. It is stucco construction with 1,689 square feet on a 0.3449 acre lot.

How much does 3404 American DR # 3120, Lago Vista TX 78645 cost?

3404 American DR # 3120, Lago Vista TX 78645 sold on March 31, 2026. Contact us for sale price details.

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