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