Welcome to this beautifully renovated, Designer fully furnished 2 bed/2 bath condo on the Island on Lake Travis. This Unit is a golden opportunity for investors with having already secured lease until March 2025. Unit #2306 is a rare, coveted penthouse unit with vaulted ceilings. It lives much larger than similar units. You will enjoy a multi-million dollar waterfront lifestyle for a fraction of the cost. The Island on Lake Travis is a 212-villa gated community with all the amenities you could wish for. Private marina, large indoor pool, 2 outdoor pools, Jacuzzis and saunas, tennis courts, shuffleboard courts, numerous outdoor courtyards, lakeside seating, community BBQ Pit/grill, fitness center, picnic areas, bike storage, spa, sporting goods rental shop and private lounge for events with bar on site. Close to the Lago Vista Country Club and Pace Bend Park is accessible directly across the lake via kayak, paddleboard or boat. This unit is move-in ready. It includes granite countertops, in-unit washer and dryer, expansive balconies for great summer BBQ and enjoying the Lake Travis lifestyle. This unit also includes 2 reserved parking spaces and an owners storage closet in the covered garage. (Use the gate code to access the gym, spa, pool, rental shop, but add a # at the end. ) SHORT TERM RENTALS ARE ALLOWED. This unit has been preserved and used by a private owner. Fantastic rental potential. There is an optional brand new boat slip(2021 construction) in a private owners-only marina which can be included with additional price
Active
Price cut: $15K (6/10)
$250,000
3404 American Dr UNIT 2306, Lago Vista, TX 78645
2beds
1,188sqft
Est.:
Condominium
Built in 1987
-- sqft lot
$-- Zestimate®
$210/sqft
$702/mo HOA
What's special
Penthouse unitLarge indoor poolTennis courtsFitness centerBrand new boat slipNumerous outdoor courtyardsPrivate marina
- 103 days
- on Zillow |
- 664 |
- 34 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 08:55pm
Listed by:
Gary Bisha (713) 683-0054,
My Castle Realty (713) 683-0054,
Polly Richards (281) 460-4539,
My Castle Realty
Source: Unlock MLS,MLS#: 6310637

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Features: Full Bath, Walk-In Closet(s)
- Level: Main
Primary bathroom
- Features: Full Bath
- Level: Main
Kitchen
- Features: See Remarks
- Level: Main
Living room
- Features: See Remarks
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer
Features
- 2 Primary Baths, Ceiling Fan(s), High Ceilings, Eat-in Kitchen, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Storage, Washer Hookup
- Flooring: Laminate
- Windows: Drapes
Interior area
- Total interior livable area: 1,188 sqft
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Washer/Dryer
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Balcony, Boat Slip, Gas Grill
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Garden, Marina, River, Trees/Woods
- Has water view: Yes
- Water view: Marina,River
- Waterfront features: Lake Front, Lake Privileges, Waterfront
- Body of water: Colorado River
Lot
- Size: 10,567.66 Square Feet
- Features: Close to Clubhouse
Details
- Additional structures: Pool House, Storage, Tennis Court(s)
- Parcel number: 01689004240000
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Foundation: Concrete Perimeter
- Roof: Mixed
Condition
- Resale
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Available, Sewer Connected, Water Available
Community & HOA
Community
- Features: BBQ Pit/Grill, Clubhouse, Common Grounds, Courtyard, Dog Park, Fishing, Fitness Center, Garage Parking, Gated, High Speed Internet, Hot Tub Community, Lake, Laundry Facility(s), Lounge, Picnic Area, Pool, Property Manager On-Site, Sauna, Spa/Hot Tub
- Subdivision: Island On Lake Travis Condomin
HOA
- Has HOA: Yes
- Services included: Cable TV, Internet, Sewer, Trash, Water
- HOA fee: $702 monthly
- HOA name: IOLT
Location
- Region: Lago Vista
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $420,803
- Annual tax amount: $9,127
- Date on market: 4/29/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
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