Active · MLS# 5374935

3404 American Dr #3314

Lago Vista, TX, 78645

$180,000

1 Beds · 1 Baths · 426 SF · $423/SF

Incredible investment opportunity awaits! The Island on Lake Travis condo community is located on 14 acres and is truly impeccable from it’s waterfront views of Lake Travis, alluring Mediterranean architecture, and all of the resort-style amenities it has to offer including 2 outdoor pools with hot tubs situated right against the lake, 1 indoor pool and hot tub, a fitness center, a salon/spa with sauna access, a restaurant, picnic/grilling areas, docks/boat ramps, tennis courts, and courtyards that will make you feel as though you’re strolling through Europe. This particular unit offers an open layout, granite countertops, vinyl/tile flooring (no carpet), a full bath with a large walk-in shower, and plenty of storage space. If you’re looking to make an even stronger investment, you can reap the benefits of purchasing 4 units, fully furnished, plus a boat slip to really build out your portfolio. Short-term rentals are allowed and you and your guests can enjoy the security of private, gated access and assigned covered parking located under the building. This premier location is just across from Pace Bend Park and a quick drive away from the Lago Vista Country Club. This property is truly a unique Austin gem that you’re sure to fall in love with upon arrival!

Property Details

Property type

Condominium

Living area

426 sq ft

Bedrooms

1

Bathrooms

1 full

Year built

1987

Lot size

0.087 acres

Garage

1 spaces

Subdivision

Island On Lake Travis Condomin

County

Travis

HOA

$250 Monthly

Annual taxes

$3,000

Waterfront

Waterfront

Schools

Elementary

Lago Vista

Middle

Lago Vista

High

Lago Vista

Features

Interior

Ceiling-High · High Speed Internet · No Interior Steps · Primary Bedroom on Main · Walk-In Closet(s)

Exterior

Uncovered Courtyard · Lighting

Flooring

Tile · Vinyl

Heating

Central · Electric · Heat Pump

Cooling

Central Air · Electric

Views

Garden

Listing courtesy of Jade Young, Redfin Corporation. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.