2 months on rocket

3404 American Dr Unit 1226, Lago Vista, TX, 78645

$199,000

Home List Price

$2,363*

Closing Credit

1 Bedroom
1 Full Bath
492 SqFt
$404/SqFt
Condo

Location

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3404 American Dr Unit 1226, Lago Vista$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Covered, Guest
Garage1 space
Year Built1987
HeatingCentral
CoolingCentral Air
WaterfrontLake Front, Waterfront, Boat Ramp, Boat Lift
ViewNone
MLS #9961326
Lot Size0.10 Acres
StatusActive

About 3404 American Dr Unit 1226

Discover your perfect lakeside getaway at The Island on Lake Travis, located at 3404 American Dr, #1226. This charming 1-bed, 1-bath condo, under 500 square feet, is an ideal investment opportunity, currently thriving as a short-term rental. Compact yet thoughtfully designed, this condo offers everything you need for a cozy retreat or a lucrative rental property. Resort-Style Amenities: Pools & Fitness: Enjoy access to 1 indoor pool and 2 outdoor pools, a spa, and a state-of-the-art fitness center, all designed for your relaxation and well-being. Dining & Shopping: Dine at the lakeside restaurant, rent gear from the equipment rental shop, and browse the custom clothing store for unique finds. Outdoor Activities: Engage in outdoor fun on the basketball, tennis, and pickleball courts, or host gatherings at the BBQ area. Private boat slips (available), a shared dock, boat ramps, and cozy sitting areas allow you to fully enjoy the stunning views and activities Lake Travis has to offer. Benefits of Living in Lago Vista: Outdoor Adventure: Lago Vista offers a wealth of outdoor activities, from boating and fishing on Lake Travis to hiking and golfing nearby. Enjoy scenic walks, picnics by the water, and endless opportunities to connect with nature. Peaceful Lifestyle: Embrace the relaxed, small-town atmosphere of Lago Vista, where friendly neighbors and a strong sense of community make you feel right at home. Proximity to Austin: Just a short drive from Austin, Lago Vista provides the perfect balance of tranquil living with easy access to the city's vibrant culture, dining, and entertainment. Growth Potential: With Lago Vista’s growing popularity, now is an excellent time to invest in property in this sought-after area. This cozy condo offers a rare opportunity to own a piece of paradise on Lake Travis. Whether you’re looking for a personal retreat or a high-performing rental, this property is a gem! HOA dues are $256/month and tax rate of 2%.

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Stories: 1
  • Living Area: 492 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (512) 284-0799
  • Listing Agent: Brooke LeMond

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Laminate Counters, Main Level Primary, No Interior Steps, Walk-In Closet(s), High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, Waterfront, Boat Ramp, Boat Lift
  • View: None
  • Exterior: Basketball Court, Boat Slip, Boat Ramp, Sport Court, Tennis Court(s)

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Garage, Covered, Guest

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Fm 1431 to Lohman Ford, R on Boggy Ford, R on American Dr. (dead ends at gate) Follow GPS to Island on Lake Travis

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $404/SqFt

HOA Fees:

  • Amount: $259
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lago Vista, TX.

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Lago Vista, TX

City

Med. Sold Price

$432K

Med. Price/SqFt

$231

Avg. Days On Market

103

# of Sold Homes

17

3404 American Dr Unit 1226 vs Lago Vista

79 DAYS ON ROCKET

-24 Days

$199,000

-$233K Less

$404/SqFt

+$172 More

KEY TAKEAWAY

This property is $233K less than the Median Sold Price and $172/SqFt more than other homes in Lago Vista, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #9961326

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (512) 284-0799
  • Listing Agent: Brooke LeMond

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-879661
6
/10

  • Lago Vista Elementary School

  • 20311 Dawn Dr

  • 2.49 miles

  • Public District Grades EE-3

school-card-donut-879662
5
/10

  • Lago Vista Intermediate School

  • 8039 Bar K Ranch Rd

  • 3.79 miles

  • Public District Grades 4-5

school-card-donut-879663
7
/10

  • Rough Hollow Elementary School

  • 4219 Bee Creek Rd

  • 5.90 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,007. Most Lago Vista, TX residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3404 American Dr Unit 1226

What is the listing price of this property?

The listing price of 3404 American Dr Unit 1226 property is $199,000.

What type of property is this?

The property 3404 American Dr Unit 1226 is a condo located in Lago Vista, Texas, 78645.

Is this property for sale now?

Active Listing: 3404 American Dr Unit 1226 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3404 American Dr Unit 1226 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 3404 American Dr Unit 1226 is 492 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3404 American Dr Unit 1226 is 1987.

Rocket Homes›Texas›Travis County›Lago Vista›78645›3404 American Dr Unit 1226

This home is located at 3404 American Dr Unit 1226 in Lago Vista, TX and zip code 78645 in the Highland Lake Estates neighborhood. This 492 square foot home, which was built in 1987, sits on a 0.10 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $199,000.

Over 1 listings were sold over their listed price in November 2024 in Lago Vista, TX. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price. In November 2024 in Lago Vista, TX there were 6.3% more homes for sale than in October 2024. In November 2024, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $432,000.

From Rocket Homes Real Estate and based on county public records data.

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