20700 Bonanza Street, Lago Vista, TX 78645

Lago Vista
Local realty services provided by:Better Homes and Gardens Real Estate Winans
20700 Bonanza Street,Lago Vista, TX 78645
$525,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,120 sq. ft.
  • Condominium
  • Active
Listed by: maxim son
Office: real broker, llc.
MLS#:610501
Source:TX_FRAR

Price summary

  • Price:$525,000
  • Price per sq. ft.:$168.27

About this home

** Pre-inspected ** Rare turnkey opportunity for investors and owner occupants priced at the 1% rule! $5,400 monthly rental income! Properties like this rarely trade in the area and this one is SOLID. Unlike most fourplexes which are older, this is a 1985 build which means all PVC plumbing and copper wiring, as well as separate electric and water meters. All units are 2-bedroom 1-bathroom with a nice open layout - great fit for diverse tenant base including families, couples, roommates. Every unit features washer and dryer hookups and a beautiful wood-burning fireplace. Most units have been upgraded in recent years with newer cabinets, granite countertops, LVP flooring, vanities, light fixtures and much more. Last but not least, the property boasts a wooded 0.49-acre lot providing unparalleled privacy and ample space for additional income-generating structures. The property had fantastic occupancy over the years and the units are always in demand regardless of the rental market...

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Home facts

  • Year built:1985
  • Listing ID #:610501
  • Added:11 day(s) ago
  • Updated:April 25, 2026 at 02:15 PM

Rooms and interior

  • Flooring:Laminate
  • Dining Description:Kitchen/Dining Combo
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Kitchen/Dining Combo, Kitchen/Family Room Combo, Microwave, Oven
  • Living area:3,120 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1985
  • Building area:3,120 sq. ft.
  • Lot area:0.49 Acres
  • Architectural Style:Apartment
  • Construction Materials:Frame, Masonry
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$168.27

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Range, Microwave, Oven
  • Laundry features:In Kitchen
Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the FHAAR IDX INFO SHARE PROGRAM. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Winans include the name of the listing agent. Copyright 2026 FHAAR IDX INFO SHARE PROGRAM. Last Updated April 25, 2026

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