3404 American DR # 2106, Lago Vista TX 78645, Lago Vista, TX 78645
About this property
**Professionally managed STR with rental performance of $16,712 in actual gross rental revenue in 2025, and projected 2026 gross rental revenue of $23,323—representing an approximately 40% year-over-year increase! Financials available upon request** Lake Travis is FULL—and this is your opportunity to own a turnkey waterfront retreat before the season slips away. Enjoy endless days on the water with the option to purchase a 26′ private boat slip for an additional $25,000, or generate income with this beautifully updated 2BR/2BA waterfront condo featuring a proven STR history. This fully furnished, lock-and-leave condo is ready for immediate enjoyment or investment. Located on the 1st floor, #2106 is a spectacular east-facing unit that offers beautiful waterfront views with comfortable afternoon shade and features fresh interior paint, updated indoor and outdoor furnishings, granite countertops, hardwood and tile flooring throughout, crown molding, and a spacious primary suite with a soaking tub and separate shower. The thoughtfully designed floor plan comfortably sleeps up to six guests, making it ideal as both a personal retreat and an income-producing property. Located in the highly desirable second phase of The Island, residents enjoy resort-style amenities including an active community center, 3 swimming pools (including an indoor lap pool, currently closed), 3 hot tubs, a dry sauna, tennis courts, a fitness center, a full-service spa, an on-site restaurant, and direct access to all that Lake Travis has to offer. Spend your days boating, surfing, swimming, and relaxing on the water with the convenience of the optional 26′ boat slip, available for purchase outside of the condo sale. Both the condo and the boat slip may be rented as STRs in accordance with The Island COA regulations. Due to unique circumstances within the condo community, the seller prefers cash offers and has priced this property aggressively for a quick sale.
Basic Property Information
<strong>Dwelling Size - </strong> 1,182 ft2
From Public Records
<strong>Year Built - </strong> 1987
<strong>Stories - </strong> One
<strong>Foundation - </strong> Pillar/Post/Pier
<strong>Garage - </strong> 2
Assigned, Garage, Reserved
<strong>Roof - </strong> Composition
<strong>Lot Size Acres - </strong> 0.2413
<strong>Waterfront Features - </strong> Lake Front
<strong>Body of Water - </strong> Lake Travis
Bedrooms - 2
<strong>Main Level Bedrooms - </strong> 2
<strong>Bathrooms - </strong> 2
<strong>Full - </strong> 2
<strong>Half - </strong> 0
<strong>Living Rooms - </strong> 1
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 1
Electric
<strong>Pool on Property- </strong> Heated, In Ground, Indoor, Outdoor Pool, Pool/Spa Combo
<strong>Spa on Property- </strong> Hot Tub, In Ground
School District
<strong>School District - </strong> Lago Vista ISD
<strong>Elementary - </strong> Lago Vista
<strong>Middle - </strong> Lago Vista
<strong>Senior High - </strong> Lago Vista
Home Owners Association
<strong>Home Owners Association - </strong> Island COA
<strong>Fee - $</strong> 692.35
<strong>Frequency - </strong> Monthly
<strong>Includes - </strong> Cable TV, Common Area Maintenance, Electricity, Gas, Hot Water, Insurance, Internet, Landscaping, Maintenance Grounds, Security, Sewer, Trash, Water
Amenities and Features
Other Features
Barbecue
Boat Dock - Shared
Boat Slip
Breakfast Bar
Ceiling Fan(s)
Crown Molding
Dishwasher
Disposal
Electric Range
Electrical Utility Available
Elevator
ENERGY STAR Qualified Appliances
Exhaust Fan
Free-Standing Range
French Doors
Granite Counters
Gutters Full
Has Garage
Has Pool
Has Waterfront
Home Owners Association
In-Law Floorplan
Microwave
No Interior Steps
Oven
Pantry
Primary Bedroom on Main
Refrigerator
Self Cleaning Oven
Tennis Court(s)
Walk-In Closet(s)
Utilities
Heating: Central, Heat Pump Cooling: Central Air Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Sewer: Public Sewer Water: Public
Additional Details
<strong>Faces - </strong> East
<strong>Flooring - </strong> Laminate, No Carpet, Tile
<strong>View - </strong> Hill Country, Lake, Park/Greenbelt, River
<strong>Community Features - </strong> Common Grounds, Courtyard, Fishing, Fitness Center, Garage Parking, Gated, Hot Tub Community, Lake, Picnic Area, Pool, Sauna, Sidewalks, Spa/Hot Tub, Sport Court(s)/Facility, Tennis Court(s)
Walk Score
Based on information from the Austin Board of REALTORS® for the period 08/28/2026 through 08/28/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.
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