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New
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$524,950

For Sale

2 days ago

MLS® 9095279

0 Bed

0 Bath

3120 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3120 sqft
Garage No
Taxes $9,420
Days Active 2
Lot Size 0.492 acres
Approx. Age 1985
Avg. Price Per Sqft $168
MLS® Number 9095279

Property Address: 20700 Bonanza St, Lago Vista, TX, 78645-5840

Average square foot calculated using Size range provided by listing agent.

Description

Rare turnkey opportunity for investors and owner occupants priced at the 1% rule! 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.
MLS® Number9095279
Laundry LevelIn Kitchen, Washer Hookup, Electric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.492
Exterior
GarageNo
Approx. Age1985
Basement
DrivewayNone
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 20, 2026List Date
$524,950List Price
  • Commute

Commute

Starting Address
Destination Address
20700 Bonanza St, Lago Vista, TX

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