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$410,000

Beds
2
Baths
2.0
sq ft
1,182

3404 American Dr Unit 2106, Lago Vista, TX 78645

3404 American Dr Unit 2106

Lago Vista, TX 78645

  • 26 days on market
**26' boat slip & all furnishings convey**. *Active STR with solid rental income history*Discover the epitome of lakeside luxury with this incredible Lake Travis North Shore waterfront condo at The Island. Fully-updated and sold fully-furnished with a 26' boat slip at The Islands Marina, this turnkey lock & leave condo boasts a successful short-term rental (STR) history, making it an ideal investment or vacation retreat. This spectacular unit features east-facing views providing pleasant afternoon shade, fresh paint throughout with updated indoor and outdoor furniture and fixtures, granite counters, tile and hardwood flooring (no carpet), a soaking tub with a separate shower, crown molding throughout, and comfortably sleeps and rents up to 6 people. Located in the second phase of The Island, this condo is steps away from top-notch amenities, including an active community center, 3 pools (including an indoor lap pool), dry sauna, 3 hot tubs, tennis courts, a fitness center, a full-service spa, and an on-site restaurant. Enjoy your days surfing, swimming, and boating on the waters of stunning Lake Travis with the ease of the condo's 26' boat slip (conveys with the sale). Condo and boat slip can be rented as an STR per the Island COA regulations.

Details

Property type

Condominium

Est. home value

$417,163

Property condition

Updated/Remodeled

Lot size

0.241 acres

Price per sq ft

$347

Year built

1987

Annual property taxes

$6,787

Monthly HOA fee

$672

Price History

01/28/2025
Austin

Austin #9316100

Listed
$410,000

Schools & Community

Elementary school: 

Lago Vista

Middle school: 

Lago Vista

High school: 

Lago Vista

Community features: 

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

High school district: 

Lago Vista ISD

Negotiation Insights

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

Seller could get up to

$132,303
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$244,897
Cash to seller
$132,303

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Independent Bank

Loan start date

June 2021

Original loan amount

$266,250

Est. remaining balance

$244,897

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Heather Bertha and John J Bertha

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: 02/23/2025 at 8:55 AM

Listing updated: 02/23/2025 at 6:53 AM

Listed by: Kimberly Zipfel, The Marye Company Phone #: (512) 444-7171

MLS: Austin #9316100

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