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$310,000

Beds
2
Baths
2.0
sq ft
1,188

3404 American Dr Unit 3304, Lago Vista, TX 78645

3404 American Dr Unit 3304

Lago Vista, TX 78645

  • 187 days on market
    • Price drop $15,000↓
Experience the pinnacle of waterfront luxury in this fully furnished third-floor condo at the exclusive Island at Lake Travis. Boasting a stunning 180-degree view of Lake Travis, this end unit ensures privacy and unparalleled vistas. The bright and airy living room seamlessly connects to the dining and kitchen areas, perfect for entertaining. The modern kitchen features a breakfast bar, coffee nook, ample counter space, and generous white cabinetry. The primary suite offers balcony access, while the en-suite bathroom includes dual vanities, a walk-in shower, walk-in tub, and a walk-in closet. Enjoy breathtaking sunsets and watch boats zoom across the lake from your private balcony. The Island at Lake Travis community offers a wealth of amenities, including two exquisite outdoor pools, meticulously landscaped grounds, a state-of-the-art fitness facility, and an indoor lap pool. For sports enthusiasts, multiple pickleball courts, tennis courts, and a basketball court are available. Additionally, an onsite spa awaits your relaxation needs, and paddleboards are available for leisurely enjoyment. This unit includes two assigned parking spaces and a storage closet in the parking garage. The community also features a private boat ramp and docks. This condo is an excellent investment opportunity, ideal as a primary residence, second home, short-term rental (STR), or long-term rental. Embrace the ultimate waterfront lifestyle at The Island on Lake Travis, where vacation living is an everyday reality. Don't miss this rare opportunity to own a piece of paradise. All items in the unit are conveyed in the sale!

Details

Property type

Condominium

Est. home value

$404,356

Lot size

0.243 acres

Price per sq ft

$261

Year built

1987

Annual property taxes

$8,480.58

Monthly HOA fee

$608.71

Price History

10/08/2024
Austin

Austin #1289136

Price change
$310,000
-4.62%
06/18/2024
Austin

Austin #1289136

Listed
$325,000

Schools & Community

Elementary school: 

Lago Vista

Middle school: 

Lago Vista

High school: 

Lago Vista

Community features: 

Clubhouse, Fitness Center, Gated, Lake, Pool, 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

$67,866
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$217,334
Cash to seller
$67,866

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

October 2020

Original loan amount

$239,200

Est. remaining balance

$217,334

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

David N Brown

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: 12/22/2024 at 11:30 PM

Listing updated: 12/19/2024 at 10:59 AM

Listed by: Jessica Licona, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #1289136

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