3404 American DR # 3309, Lago Vista TX 78645

Lago Vista, TX 78645 | Island

Ed's Opinion of Value

$180,954 Ed's Estimate: $252,338 $306,376
Lowest Comp Recommended List: $247,000 to $257,000 Highest Comp

Listing History

$275,000 List Price
$251,394 Comp Value
1 Price Reductions

This property was listed at $275,000 and expired after 168 days on market. The price was reduced from $285,000 to $275,000. This listing activity factors into the valuation.

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $252,338. To generate strong buyer interest while maximizing value, I'd price this between $247,000 and $257,000. Against 7 similar active listings in ISLAND, this price point lands at the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (316 sqft vs the comp average) plays a role in how the market prices it. At 0.17 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
1 Beds
2 Baths 1 Full, 1 Half
842 Sq Ft
0.1719 Acres
1987 Built
1 Garage

About This Property

Want to enjoy an inspiring Lake Travis lifestyle? Located on the 3rd floor, this "Lock & Leave" 842 sf Villa is the largest 1 Bedroom, includes a Half Bath, affords a very roomy floor plan with high ceilings, comes fully furnished, including stackable Washer & Dryer, Queen-sized Sleeper Sofa, Outdoor Furniture and Grill. The spacious Kitchen easily accommodates extra chefs and/or helping hands! Located on the cove side, you are surrounded with beautiful Oak Trees bordering the property, and providing shade and privacy. This unit has been used as a second home and as a short term rental. The Primary Ensuite affords amazing closet space, Queen-sized bed, Separate shower & Garden tub. The Island on Lake Travis sits on 14 acres, boasts of (2) Outdoor Pools, (1) Indoor Pool, Spa, Outdoor Common Bar-B-Que area, Fitness Center, Tennis Courts & Boat Ramp. Located in the Covered Garage is your assigned/reserved parking spot and Storage closet.

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Open Floorplan
  • Primary Bedroom on Main
  • Stackable W/D Connections
  • 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
Flooring Carpet, Tile
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior Balcony, Uncovered Courtyard, Outdoor Grill, Tennis Court(s)
County Travis
MLS # 7310476
Garage 1 spaces

HOA & Community

HOA Fee $431 /Monthly
HOA Includes Cable TV, Common Area Maintenance, Maintenance Grounds, Security, Trash

Tax Information

Annual Taxes (MLS) $8,509 (2022)

Listing History

MLS# 7310476 168 days
Jun 30, 2023 Off Market
Apr 28, 2023 Price Change $275,000
Dec 14, 2022 Listed $299,000

Frequently Asked Questions About 3404 American DR # 3309, Lago Vista TX 78645

When was 3404 American DR # 3309, Lago Vista TX 78645 built?

3404 American DR # 3309, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 3309, Lago Vista TX 78645 cost?

3404 American DR # 3309, Lago Vista TX 78645 is currently off market.

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