Island On Lake Travis Condomin Homes under $400,000

Island On Lake Travis Condomin Homes under $400,000

Welcome to Island On Lake Travis, a hidden gem nestled in the picturesque Lago Vista, Texas. This charming subdivision offers a unique blend of serene lakeside living and vibrant community spirit, making it an ideal choice for those seeking a peaceful retreat without sacrificing modern conveniences.

The Island On Lake Travis features a variety of homes, many of which are available for under $400,000, offering an affordable entry point into this sought-after area. These homes are designed to embrace the natural beauty of the surroundings, with open layouts, spacious yards, and stunning views of Lake Travis. Whether you’re a first-time homebuyer, a young family, or looking to downsize, you’ll find a range of options that cater to diverse lifestyles and budgets.

Residents of Island On Lake Travis enjoy access to a wealth of amenities, including community parks, walking trails, and recreational facilities. The subdivision’s proximity to the lake means you can indulge in a variety of water activities, from boating and fishing to swimming and paddleboarding. Plus, with Lago Vista’s charming downtown area just a short drive away, you’ll have access to local shops, restaurants, and community events that foster a welcoming atmosphere.

Living in Island On Lake Travis means embracing a lifestyle that celebrates both tranquility and adventure. Discover your dream home today in this idyllic lakeside community, where the beauty of nature meets the warmth of community living. Don’t miss out on the opportunity to make this enchanting subdivision your new home!

Newest Island On Lake Travis Condomin Homes under $400,000

3404 American Dr Unit 3308, Lago Vista
$315,000
2 Beds ⋅ 2 Baths ⋅ 5543521 MLS
Nestled in the exclusive gated community at the Island at Lake Travis in Lago Vista, this inviting 2 bedroom, 2 bath, condo can be your tranquil primary residence, your personal vacation getaway, or as short or long term rental. Open floor plan in kitchen, dining, and family room with cozy fireplace. Kitchen has stainless steel appliances, seated countertop area, and coffee bar. The primary bedroom has room for a king sized bed and access to outside patio. Dual vanity sinks, garden bathtub and separate walk-in shower and walk-in closet. Second bedroom has space for two standard beds or king. Full bathroom adjacent. Lounge or dine outside on your covered balcony or venture outside and enjoy the many amenities of this 14 acre island including indoor pool, 2 outdoor pools, pickle ball courts, tennis court, sauna, fitness center, picnic area, spa, restaurant and more. This unit includes 2 reserved indoor parking spaces and a garage storage closet to store your favorite sports gear to enjoy Lake Travis. This unit has been a full time STR (short term rental). Ask listing agent for details. All furniture conveys.

3404 American Dr Unit 3308, Lago Vista

Listing courtesy of Compass RE Texas, LLC. Contact: 512-297-5133
3404 American Dr Unit 3322, Lago Vista
$265,100
2 Beds ⋅ 1 Baths ⋅ 3237934 MLS
The most beautiful view from a condo on Lake Travis" in the Texas hillcountry with an easy commute to Austin. This is an STR owner's dream! Spectacular wraparound balcony! Gorgeous open floor plan from the moment you walk through the front door. Recently updated flooring, kitchen appliances and HVAC unit, woodburning fireplace and in-unit washer/dryer. This unique floor plan is one of only four like it in the complex. Soaring ceiling to the loft upstairs which has a large walk-in closet. The property is gated with onsite security, and boasts two outdoor pools and hot tubs, a large fitness center with lake views, and onsite full service spa and water recreational equipment rental facility, his/her separate locker rooms with saunas, tennis/pickelball courts, and multiple shaded barbeque areas overlooking the lake. Owners also have the option of buying or renting a covered, floating boat slip. Condo is a corner unit on the top floor. Certain furnishings may convey. It's a must-see for this remarkable price!

3404 American Dr Unit 3322, Lago Vista

Listing courtesy of Creekview Realty. Contact: (214) 696-4663
3404 American Dr Unit 3101, Lago Vista
$249,000
1 Beds ⋅ 1 Baths ⋅ 2459053 MLS
A lakefront lifestyle with panoramic views of Lake Travis and the Texas Hill Country await you in this updated 1 bedroom, 1 bath villa at the Island on Lake Travis resort. Open living areas and a large covered patio along with resort-style amenities, lake views, and hill country sunsets make this property a must see. Recent updates in 2022-2023 include replacing all windows and doors, new laminate flooring and HVAC system, bathroom remodel, lighting and painting. These upgrades compliment the other available appointments and create a warm and inviting environment to entertain family, friends and create lasting memories. One reserved parking spot and and a garage storage area convey as well. For investors or owners desiring rental income, this property is currently enrolled in an active short term rental program. Come and enjoy all that the Island on Lake Travis has to offer! The Island On Lake Travis is an elegant condo complex that offers a luxurious Lake Travis waterfront lifestyle on a 14-acre island. Located on the north shore of Lake Travis in Lago Vista, this resort community boasts an unparalleled array of amenities in a picturesque lakefront setting. Amenities include 2 outdoor pools, 2 outdoor hot tubs, one indoor pool and hot tub, an onsite restaurant, fitness center, pickleball and tennis courts, day spa, sauna, and a marina. The Island is both a full time and vacation home community offering a peaceful setting and beautiful sunsets over Lake Travis. Austin is but a short drive away as well as wineries and hill country shopping and scenery.

3404 American Dr Unit 3101, Lago Vista

Listing courtesy of Hill Country Lakes Realty. Contact: (512) 267-7000
3404 American Dr Unit 2209, Lago Vista
$249,000
1 Beds ⋅ 2 Baths ⋅ 7714399 MLS
This Villa comes with a 28-foot covered Boat slip. Experience resort-style lakefront living at its finest in Unit 2209 at The Island on Lake Travis. Nestled within one of Lake Travis' most exclusive gated waterfront communities, this beautifully appointed condominium offers the perfect blend of luxury, relaxation, and investment potential. Whether you're searching for a full-time residence, weekend getaway, or income-producing vacation rental, this property delivers the lifestyle buyers dream about. Enjoy an open, inviting floor plan designed for comfortable living and entertaining, along with a private balcony where you can relax and soak in the beauty of Lake Travis and the surrounding Texas Hill Country. Comes with 28' newer boat slip with 6,600lb boat hoist conveys furnished unit recently updated with full paint and flooring (NO CARPET), granite counter tops in kitchen and bath, separate walk in shower and garden tub, and more. The Island offers an unmatched collection of resort-style amenities, including multiple outdoor pools and hot tubs, a heated indoor pool, fitness center, spa, sauna, tennis and pickleball courts, beautifully landscaped courtyards, waterfront access, marina facilities, boat ramps, fishing docks, picnic and grilling areas, an on-site restaurant, and covered parking. Short-term rentals are permitted, making this an outstanding opportunity for those looking to generate rental income while enjoying their own private lake retreat. Boater's paradise on quieter end of Lake Travis perfect for water skiing! Located just minutes from golf courses, wineries, parks, and everything Lago Vista has to offer, Unit 2209 provides the perfect balance of peaceful lake living and convenient access to area attractions. Wake up to spectacular sunrises, spend your days boating or lounging by the pool, and end each evening with breathtaking Texas sunsets. This is more than a condominium—it's a lifestyle.

3404 American Dr Unit 2209, Lago Vista

Listing courtesy of Coplin Properties Lake Travis. Contact: (512) 267-2773
3404 American Dr Unit 3202, Lago Vista
$375,000
2 Beds ⋅ 2 Baths ⋅ 7029733 MLS
OWNER FINANCING AVAILABLE AT 3.99%! Luxury, comfort, and panoramic views of Lake Travis and the Texas Hill Country await you in this gorgeous 2 bedroom, 2 bath villa at the Island on Lake Travis resort. Spacious living areas and a large covered patio along with resort-style amenities, lake views, and hill country sunsets make this property a must see. Recent updates in 2023 include refreshed paint and utility room, new HVAC system, and a smart thermostat. These upgrades compliment the other available appointments including granite countertops, tile flooring, and wood burning fireplace. At 1,188 square feet, there is ample space in this villa to entertain family and friends and create lasting memories. Two reserved parking spots and a storage area convey as well. For investors or owners desiring rental income, this property is currently enrolled in an active short term rental program. For boating enthusiasts, A 28' BOAT SLIP WITH PARTY DECK CAN BE SOLD SEPARATELTY IF DESIRED! Come enjoy life on the Island! The Island On Lake Travis is an elegant condo complex that offers a luxurious Lake Travis waterfront lifestyle on a 14-acre island. Located on the north shore of Lake Travis in Lago Vista, this resort community boasts an unparalleled array of amenities in a picturesque lakefront setting. Amenities include 2 outdoor pools, 2 outdoor hot tubs, one indoor pool and hot tub, an onsite restaurant, fitness center, pickleball and tennis courts, day spa, sauna, and a marina. The Island is both a full time and vacation home community offering a peaceful setting and beautiful sunsets over Lake Travis. Austin is but a short drive away as well as wineries and hill country shopping and scenery.

3404 American Dr Unit 3202, Lago Vista

Listing courtesy of Hill Country Lakes Realty. Contact: (512) 267-7000
3404 American Dr Unit 3111, Lago Vista
$175,000
1 Beds ⋅ 1 Baths ⋅ 7245082 MLS
Experience True Resort-Style Living On The Island on Lake Travis! This Stunning One Bedroom, One Bathroom Condo Offers Breathtaking, Unobstructed Lake Views Paired With A Massive Outdoor Terrace—Perfect For Entertaining Or Relaxing While Enjoying The Beauty Of Lake Travis. This Turnkey Unit Can Be Sold Fully Furnished, Making It An Incredible Opportunity For Investors Or Those Seeking A Vacation Retreat. Short-Term Rentals Are Allowed And Perform Exceptionally Well, Offering Strong Income Potential In One Of The Most Sought-After Waterfront Communities In The Area. Inside, You’ll Find A Beautifully Remodeled Kitchen Featuring Granite Countertops, Sleek Modern Cabinetry, And Updated Finishes Throughout. The Spacious Bedroom Provides Comfort And Privacy, While The Luxurious Bathroom Includes A Walk-In Shower And A Relaxing Soaking Tub—Perfect For Unwinding After A Day On The Lake. This Fully Gated Community Offers Top-Tier Amenities Including Multiple Resort-Style Pools, A Spa, Fitness Center, Marina With Direct Lake Access, And An On-Site Restaurant And Bar—Everything You Need For The Ultimate Lakefront Lifestyle. Don’t Miss Your Chance To Own A Waterfront Condo That Truly Feels Like A Vacation Every Day On Lake Travis!

3404 American Dr Unit 3111, Lago Vista

Listing courtesy of eXp Realty, LLC. Contact: (951) 387-2770
3404 American Dr Unit 2212, Lago Vista
$229,900
1 Beds ⋅ 2 Baths ⋅ 1546002 MLS
Welcome to your perfect lake getaway and income-producing property in the heart of Lago Vista! This beautifully maintained condo at 3404 American Way #2212 offers the ideal blend of comfort, convenience, and investment potential. Featuring 2 full bathrooms, this spacious unit is designed for both relaxation and functionality—perfect for hosting guests or enjoying your own private retreat. The condo comes fully furnished, making it truly turnkey and ready for immediate use or rental from day one. What truly sets this property apart is its strong short-term rental history, offering an excellent opportunity for investors seeking consistent income in a highly desirable lake-area destination. Whether you're looking to expand your portfolio or own a vacation home that pays for itself, this property checks all the boxes. Located just minutes from Lake Travis, you'll enjoy easy access to boating, dining, and outdoor recreation, all while being tucked away in a peaceful community setting. Don’t miss your chance to own a fully furnished, income-generating property in one of Lago Vista’s most sought-after areas!

3404 American Dr Unit 2212, Lago Vista

Listing courtesy of Newfound Real Estate. Contact: (830) 988-4545
3404 American Dr Unit 2106, Lago Vista
$235,000
2 Beds ⋅ 2 Baths ⋅ 7685670 MLS
**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.

3404 American Dr Unit 2106, Lago Vista

Listing courtesy of The Marye Company. Contact: (512) 444-7171
3404 American Dr Unit 3224, Lago Vista
$299,000
2 Beds ⋅ 2 Baths ⋅ 2987057 MLS
Experience luxurious lake living in this resort style, gated condominium community! Whether looking for a vacation get-away, STR or a full-time home, The Island on Lake Travis offers it all! This unit offer views of the lake from the large outdoor covered patio and is fully furnished! Also enjoy refreshing waterfront views of Lake Travis while unwinding in one of the two outdoor pools or hot tubs. Take in a splendid sunset from any of the overlooks throughout the common grounds. The open floor plan allows for ease of entertainment. In addition to the two outdoor pools, the complex offers an abundance of amenities, including an indoor pool and hot tub, fitness center, an onsite spa, sauna access, a restaurant, picnic/grilling areas, docks/boat ramps, tennis courts, and pickle ball courts. Ownership of the unit includes 2 reserved parking spots in the covered parking garage. This is your opportunity to enjoy resort style living on the lake!

3404 American Dr Unit 3224, Lago Vista

Listing courtesy of eXp Realty, LLC. Contact: (512) 645-4000
3404 American Dr Unit 3118, Lago Vista
$249,900
2 Beds ⋅ 2 Baths ⋅ 4898029 MLS
Dive into the refined living possible in this first floor, southwest facing condo unit nestled on the shores of Lake Travis, where stunning views of Lake Travis and the Texas Hill Country await. Offered fully furnished, this unit is move-in ready as an owner retreat or ready for operation as an STR. This unit features two bedrooms and two bathrooms offering convenience and privacy and ensuring a comfortable daily routine. The property includes two garage spaces, offering secure parking and additional storage. The Island offers an impressive list of amenities, including outdoor and indoor pools, hot tubs, a sauna, a gym, tennis and pickleball courts, a golf net, disc golf, a restaurant, a spa, a retail shop, boat launch ramps, a day dock, and a fishing dock. (Some amenities may be temporarily closed.) COA dues cover amenities, exterior maintenance, trash, landscaping, security, and insurance—making lake living easy and stress-free. Whether you're looking for adventure, relaxation, or an STR - this lakefront gem is ready for you. Schedule a showing today and start making memories on Lake Travis!

3404 American Dr Unit 3118, Lago Vista

Listing courtesy of KS & Associates Realtors. Contact: (512) 698-5517
3404 American Dr Unit 2205, Lago Vista
$199,000
1 Beds ⋅ 1 Baths ⋅ 8757468 MLS
Discover relaxed lakefront living at The Island on Lake Travis in Austin, TX. This thoughtfully designed 842-square-foot condo offers a wonderful opportunity to enjoy scenic waterfront surroundings along with a wide range of resort-style amenities. The private balcony provides a peaceful place to unwind while overlooking the community’s elegant fountain and the sparkling main body of Lake Travis. Inside, the bright and welcoming interior features an open layout that makes the most of the space. The kitchen includes granite countertops along with a refrigerator, freestanding range, and microwave, offering both style and functionality. Durable vinyl and tile flooring extend throughout the entire unit, providing a clean look with no carpet. The full bathroom features a spacious walk-in shower, and the condo offers generous storage for added convenience. The Island on Lake Travis sits on 14 beautifully maintained acres and is known for its charming Mediterranean-style architecture and incredible lake views. Residents and guests enjoy access to two outdoor pools with lakeside hot tubs, an indoor pool and spa, a fitness center, tennis courts, picnic and grilling areas, and private docks with boat ramps. The peaceful courtyards throughout the property create a relaxing atmosphere reminiscent of a European retreat. Additional amenities include gated security, assigned covered parking, an on-site restaurant, and a salon and spa with sauna access. Short-term rentals are allowed, making this property an excellent option for a vacation getaway, income-producing investment, or full-time residence. Investors may also have the rare opportunity to purchase four fully furnished units together. Located across from Pace Bend Park and just a short drive from Lago Vista Country Club, this condo offers an ideal blend of recreation, relaxation, and lakeside living on Lake Travis.

3404 American Dr Unit 2205, Lago Vista

Listing courtesy of Redfin Corporation. Contact: (512) 710-0156
3404 American Dr Unit 3314, Lago Vista
$180,000
1 Beds ⋅ 1 Baths ⋅ 5374935 MLS
Incredible investment opportunity awaits! The Island on Lake Travis condo community is located on 14 acres and is truly impeccable from it’s waterfront views of Lake Travis, alluring Mediterranean architecture, and all of the resort-style amenities it has to offer including 2 outdoor pools with hot tubs situated right against the lake, 1 indoor pool and hot tub, a fitness center, a salon/spa with sauna access, a restaurant, picnic/grilling areas, docks/boat ramps, tennis courts, and courtyards that will make you feel as though you’re strolling through Europe. This particular unit offers an open layout, granite countertops, vinyl/tile flooring (no carpet), a full bath with a large walk-in shower, and plenty of storage space. If you’re looking to make an even stronger investment, you can reap the benefits of purchasing 4 units, fully furnished, plus a boat slip to really build out your portfolio. Short-term rentals are allowed and you and your guests can enjoy the security of private, gated access and assigned covered parking located under the building. This premier location is just across from Pace Bend Park and a quick drive away from the Lago Vista Country Club. This property is truly a unique Austin gem that you’re sure to fall in love with upon arrival!

3404 American Dr Unit 3314, Lago Vista

Listing courtesy of Redfin Corporation. Contact: (512) 710-0156
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