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2 Beds
2 Baths
1,182 sqft

$235,000

3404 American DR # 2106, Lago Vista TX, 78645

Price per sqft$198.82
Built in1987
Property size1,182 sqft
Property typeCondominium
Courtesy of The Marye Company, Kimberly Zipfel Listing Contact: (512) 444-7171

Overview

Active

Listed Mar 23, 2026

Updated Aug 25

**Professionally managed STR with rental performance of $16,712 in actual gross rental revenue in 2025, and projected 2026 gross rental revenue of $23,323—representing an approximately 40% year-over-year increase! Financials available upon request** Lake Travis is FULL—and this is your opportunity to own a turnkey waterfront retreat before the season slips away. Enjoy endless days on the water with the option to purchase a 26' private boat slip for an additional $25,000, or generate income with this beautifully updated 2BR/2BA waterfront condo featuring a proven STR history. This fully furnished, lock-and-leave condo is ready for immediate enjoyment or investment. Located on the 1st floor, #2106 is a spectacular east-facing unit that offers beautiful waterfront views with comfortable afternoon shade and features fresh interior paint, updated indoor and outdoor furnishings, granite countertops, hardwood and tile flooring throughout, crown molding, and a spacious primary suite with a soaking tub and separate shower. The thoughtfully designed floor plan comfortably sleeps up to six guests, making it ideal as both a personal retreat and an income-producing property. Located in the highly desirable second phase of The Island, residents enjoy resort-style amenities including an active community center, 3 swimming pools (including an indoor lap pool, currently closed), 3 hot tubs, a dry sauna, tennis courts, a fitness center, a full-service spa, an on-site restaurant, and direct access to all that Lake Travis has to offer. Spend your days boating, surfing, swimming, and relaxing on the water with the convenience of the optional 26' boat slip, available for purchase outside of the condo sale. Both the condo and the boat slip may be rented as STRs in accordance with The Island COA regulations. Due to unique circumstances within the condo community, the seller prefers cash offers and has priced this property aggressively for a quick sale.

$1,563/mo

Est. mortgage payment based on a $235,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7685670

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$6,601
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Pool
Yes
Waterfront
Yes
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Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:14 AM UTC on 8/25/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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