Discover your perfect lakeside getaway at The Island on Lake Travis, located at 3404 American Dr, #1226. This charming 1-bed, 1-bath condo, under 500 square feet, is an ideal investment opportunity, currently thriving as a short-term rental. Compact yet thoughtfully designed, this condo offers everything you need for a cozy retreat or a lucrative rental property.Resort-Style Amenities:Pools & Fitness: Enjoy access to 1 indoor pool and 2 outdoor pools, a spa, and a state-of-the-art fitness center, all designed for your relaxation and well-being.Dining & Shopping: Dine at the lakeside restaurant, rent gear from the equipment rental shop, and browse the custom clothing store for unique finds.Outdoor Activities: Engage in outdoor fun on the basketball, tennis, and pickleball courts, or host gatherings at the BBQ area. Private boat slips (available), a shared dock, boat ramps, and cozy sitting areas allow you to fully enjoy the stunning views and activities Lake Travis has to offer.Benefits of Living in Lago Vista:Outdoor Adventure: Lago Vista offers a wealth of outdoor activities, from boating and fishing on Lake Travis to hiking and golfing nearby. Enjoy scenic walks, picnics by the water, and endless opportunities to connect with nature.Peaceful Lifestyle: Embrace the relaxed, small-town atmosphere of Lago Vista, where friendly neighbors and a strong sense of community make you feel right at home.Proximity to Austin: Just a short drive from Austin, Lago Vista provides the perfect balance of tranquil living with easy access to the city's vibrant culture, dining, and entertainment.Growth Potential: With Lago Vistaâs growing popularity, now is an excellent time to invest in property in this sought-after area.This cozy condo offers a rare opportunity to own a piece of paradise on Lake Travis. Whether youâre looking for a personal retreat or a high-performing rental, this property is a gem! HOA dues are $256/month and tax rate of 2%.