$524,950

20700 Bonanza ST, Lago Vista, TX 78645

  • 3,120 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon0.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $168/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

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 conditions. Owner-occupants may qualify to purchase with as little as $30,000 down - contact listing agent for details. Buyer to do due diligence and confirm measurements.

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 5:17AM
Listing Office:
Real Broker, LLC : (855) 450-0442
Listing Agent:
Max Son : (512) 415-6244
MLS ID:
9095279
  • General: Open Floorplan
  • Rooms: BedroomDining RoomLiving Room
  • Appliances: Electric RangeElectric OvenFree-Standing Refrigerator
  • Laundry: In Kitchen
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Wood BurningFireplaces: 4
  • Eco/Green Feature: NoneNone
  • General: None
  • Other Structures: Porch
  • Pool: None
  • Parking: Parking spaces: 8
  • Roofing: See Remarks
  • Windows: None
  • General: TwoSlab
  • HOA Amenities: None
  • Originating MLS: actris
  • School District: Lago Vista ISD
  • County: Travis
  • Zoning: LOT 25M LAGO VISTA TRAVIS PLAZA01748014020000
  • View: Hill Country
  • Fencing: See Remarks
  • Utilities: See Remarks
  • Water: Public
  • Sewer: Public Sewer
  • Source: actris

This listing courtesy of Max Son , Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lago Vista Elementary School

20311 Dawn Dr, Lago Vista, TX, 78645

Grades EE-3

0.39 miles away

L

Lago Vista Middle School

20801 FM 1431, Lago Vista, TX, 78645

Grades 6-8

1.98 miles away

L

Lago Vista High School

5185 Lohmans Ford Rd, Lago Vista, TX, 78645

Grades 9-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.