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
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Two Primary Baths
- Ceiling Fan(s)
- High Ceilings
- Eat-in Kitchen
- No Interior Steps
- Open Floorplan
- Primary Bedroom on Main
- Storage
- Flooring: Laminate
- Window Features: Drapes
Appliances
- Dishwasher
- Dryer
- Laundry Features: Common Area, In Unit
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Waterfront and Water Access
- Water Body Name: Colorado River
- Lake Front
- Lake Privileges
- Waterfront
Exterior and Lot Features
- Balcony
- Boat Slip
- Gas Grill
- Other Structures: Pool House, Storage, Tennis Court(s)
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: Additional Parking, Attached
- Parking Total: 2
Land Info
- Lot Description: Close to Clubhouse
- Lot Size Acres: 0.2426
- Lot Size Square Feet: 10568
Home Features
- View: Garden, Marina, River, Trees/Woods
- Green Energy Efficient: Doors, Healthy Living Features
- Security Features: 24 Hour Security, Fire Alarm, Security Guard
Homeowners Association
- Association: Yes
- Association Fee: 702
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Internet, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 702
- Association Name: IOLT
School Information
- Elementary School: Lago Vista
- High School: Lago Vista
- High School District: Lago Vista ISD
- Middle School: Lago Vista
- School District: Lago Vista ISD
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Clubhouse, Common Grounds, Courtyard, Dog Park, Fishing, Fitness Center, Garage Parking, Gated, High Speed Internet, Hot Tub, Lake, Laundry Room, Lounge, Picnic Area, Pool, Property Manager On-Site, Sauna
Other Property Info
- Annual Tax Amount: 9127.5
- Source Listing Status: Active
- County: Travis
- Directions: WEST ON 1431, LEFT ON LAHMAN FORD, RIGHT ON BOGGY FORD, RIGHT ON AMERICAN DRIVE TO SECURITY GATE.
- Tax Year: 2023
- Restrictions: Deed Restrictions
- Source Property Type: Residential
- Area: LN
- Property Subtype: condo
- Source Neighborhood: Island On Lake Travis Condomin
- Ownership Type: Fee-Simple
- Parcel Number: 01689004240000
- Subdivision: Island On Lake Travis Condomin
- Flood Plain: No
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1188
- Year Built: 1987
- Construction Materials: Concrete, Stone, Stucco
- Direction Faces: Southeast
- Foundation Details: Concrete Perimeter
- Levels: One
- Living Area Source: Public Records
- Property Age: 38
- Property Condition: Resale
- Roof: Mixed
- House Style: 3rd+ Floor Entry, Single level Floor Plan, Elevator, Neighbor Below
- Total Area Sqft: 1188
- Year Built Source: Public Records
- Elevator: Yes
Accessibility Features
- Accessibility Features: Accessible Washer/Dryer
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Available
- Sewer Connected
- Water Available
- Water Source: Public