3404 American DR # 3318, Lago Vista TX 78645

Off Market

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Ed's Opinion of Value

$265,500 Ed's Estimate: $307,057 $348,031

Lowest Comp Recommended List: $256,000 to $266,000 Highest Comp

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $307,057. Pricing this home between $256,000 and $266,000 would put it in the competitive sweet spot for ISLAND. This would position the home competitively among 3 active listings in ISLAND. Buyers in ISLAND have 3 comparable options right now, with asking prices between $265,500 and $299,900. 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 $348,031, is with a pool. With 4 comparable sales in ISLAND, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

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

$348,031 adjusted 3404 American DR # 1105, Lago Vista TX 78645 2bd / 2.0ba • 1,203 sqft • 0.1 mi Sold 1 months ago

$311,887 adjusted 1503 Emerald RD, Lago Vista TX 78645 2bd / 1.0ba • 1,267 sqft • 1.5 mi Sold 7 months ago

$270,015 adjusted 21718 Ticonderoga Ave, Lago Vista TX 78645 3bd / 2.0ba • 1,258 sqft • 0.5 mi Sold 9 months ago

$283,649 adjusted 3111 Patriot DR, Lago Vista TX 78645 3bd / 2.0ba • 1,427 sqft • 0.3 mi Sold 11 months ago

Currently 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

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

2 Beds

2 Baths 2 Full

1,215 Sq Ft

0.248 Acres

1987 Built

2 Garage

About This Property

Great Investment Property! Waterfront condo loaded with perks. This 2 bedroom, 2 full bath condo has stunning lake views and all the amenities of the Island at Lake Travis community. 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. Condo interior features soaring and vaulted ceilings, recessed lighting, French doors and a Balcony. The kitchen is open to the family room and comes with a Breakfast Bar, Stainless Steel appliances and Granite Countertops. Master suite includes a Walk-In Closet, Dual Vanity, Garden Tub and Walk-In Shower. Recent HVAC. CONDO can be sold with ALL furnishings/negotiable. Significant Short Term Rental Investment.

Features

Breakfast Bar
Built-in Features
Ceiling Fan(s)
High Ceilings
Vaulted Ceiling(s)
Granite Counters
French Doors
Primary Bedroom on Main
Recessed Lighting
Soaking Tub

Location

Map loading...

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, Wood

Cooling Central Air

Heating Central

Exterior Balcony, Exterior Steps, See Remarks

County Travis

MLS # 1621373

Garage 2 spaces

HOA & Community

HOA Fee $597 /Monthly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $4,528 (2019)

Listing History

MLS# 1621373 7 days

Aug 10, 2021	Off Market
May 5, 2021	Listed		$400,000

Frequently Asked Questions About 3404 American DR # 3318, Lago Vista TX 78645

When was 3404 American DR # 3318, Lago Vista TX 78645 built?

3404 American DR # 3318, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 3318, Lago Vista TX 78645 cost?

3404 American DR # 3318, Lago Vista TX 78645 sold on August 10, 2021. Contact us for sale price details.

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Sep 30, 2019	Off Market
May 21, 2019	Listed		$285,000