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Property Description

**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.

Overview

Property Status
For Sale
Lot Size
10,511.03 Sq.Ft.
MLS ID
7685670
Property Type
Condo
Year Built
1987

Features & Amenities

Water Frontage
Lake Front
View Description
Hill Country, Lake, Park/Greenbelt, River
Stories
1
Garage Spaces
2.0
Water Source
Public
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Pool
Heated, In Ground, Indoor, Outdoor Pool, Pool/Spa Combo
Roof
Composition
Lot Features
Sprinkler - Automatic, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Views
Parking
Assigned, Garage, Reserved
Heat Type
Central, Heat Pump
Air Conditioning
Central Air
Fireplace
Electric
Appliances
Dishwasher, Disposal, Electric Range, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Oven, Free-Standing Range, Refrigerator, Self Cleaning Oven
Other Interior Features
Breakfast Bar, Ceiling Fan(s), Granite Counters, Crown Molding, Elevator, French Doors, In-Law Floorplan, No Interior Steps, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
Sewer
Public Sewer
Substructure
Pillar/Post/Pier
Disability Features
None
Other Exterior Features
Barbecue, Boat Dock - Shared, Boat Slip, Gutters Full, Tennis Court(s)
Elementary School
Lago Vista
Middle School
Lago Vista
High School
Lago Vista
School District
Lago Vista ISD
Sales Price
$235,000
Real Estate Tax
$6,601/yr
HOA
$692/mo

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3404 American DR # 2106

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  • Due to unique circumstances within the condo community, the seller prefers cash offers and has priced this property aggressively for a quick sale.

    Kim Zipfel

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