20700 Bonanza St, Lago Vista, TX 78645
Local realty services provided by:ERA Brokers Consolidated
Listed by: max son
Office: real broker, llc.
MLS#:9095279
Source:ACTRIS
20700 Bonanza St,Lago Vista, TX 78645
$500,000
- - Beds
- - Baths
- 3,120 sq. ft.
- Multi-family
- Active
Price summary
- Price:$500,000
- Price per sq. ft.:$160.26
About this home
**$25,000 price adjustment for quick sale** Rare turnkey opportunity for investors and owner occupants that beats 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....
Contact an agent
Home facts
- Year built:1985
- Listing ID #:9095279
- Updated:May 04, 2026 at 02:59 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Electric Oven, Electric Range, Free-Standing Refrigerator
- Living area:3,120 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1985
- Building area:3,120 sq. ft.
- Lot area:0.49 Acres
- Construction Materials:Wood Siding
- Foundation Description:Slab
Schools
- High school:Lago Vista
- Elementary school:Lago Vista
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$160.26
- Tax amount:$9,420 (2025)
Features and amenities
- Appliances:Electric Oven, Electric Range, Free-Standing Refrigerator
Parking
- Total parking spaces:8
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