tomo logo

$199,000

Beds
1
Baths
1.0
sq ft
492

3404 American Dr Unit 1226, Lago Vista, TX 78645

3404 American Dr Unit 1226

Lago Vista, TX 78645

  • 80 days on market
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%.

Details

Property type

Condominium

Est. home value

$244,989

Lot size

4,377.78 sq ft

Price per sq ft

$405

Year built

1987

Annual property taxes

$4,126.34

Monthly HOA fee

$259

Price History

10/03/2024
Austin

Austin #9961326

Listed
$199,000
07/09/2024
CentralTexas

CentralTexas #530346

Removed
01/08/2024
CentralTexas

CentralTexas #530346

Listed
$230,000

Schools & Community

Elementary school: 

Lago Vista

Middle school: 

Lago Vista

High school: 

Lago Vista

Community features: 

Clubhouse, Fishing, Fitness Center, Gated, Lake, Pool, Tennis Court(s)

High school district: 

Lago Vista ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Roy T Fukushima

Loan start date

December 2022

Original loan amount

$30,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Purchase Money Mortgage, 3 year

Seller

Robert C Godinho and Maria Marcelina Aliazas Godinho

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 1:05 AM

Listing updated: 10/04/2024 at 4:05 AM

Listed by: Brooke LeMond, Keller Williams Realty Phone #: (512) 448-4111

MLS: Austin #9961326

Austin logo

Recently listed in Lago Vista

$430,000|3 bd|3.0 ba|Townhouse
$407,500|3 bd|2.0 ba|House
$259,000|2 bd|2.0 ba|Condo
$750,000|3 bd|2.5 ba|House
$305,000|3 bd|2.0 ba|House
$389,903|4 bd|2.0 ba|House