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$525,000

Pending

A month ago

20700 Bonanza St, Lago Vista, TX

House

MLS® 610501

0 Bed

0 Bath

3120 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 3120 sqft
Garage 
Taxes 
Lot Size 
Approx. Age 1985
Avg. Price Per Sqft $168
MLS® Number 610501

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

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

Description

** 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 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® Number610501
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1985
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Apr 13, 2026List Date
$525,000List Price
-End Date
-Sold Price

Pending

Mar 20, 2026List Date
$500,000List Price
  • Commute

Commute

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

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