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20700 Bonanza St, Lago Vista, TX 78645

Lago Vista
Local realty services provided by:CENTURY 21 North East
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
  • Pending

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...

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Home facts

  • Year built:1985
  • Listing ID #:9095279
  • Updated:May 16, 2026 at 07:14 AM

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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