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20700 Bonanza Street
Lago Vista TX 78645 US

$525,000

Active Listing ID 610501
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.49 Acres
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Apartment

$525,000

Active Listing ID 610501
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20700 Bonanza Street ** 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.

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Property Features

  • Facts
  • Lot Size: 0.49 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Floor Covering: Laminate
  • Roof Type: Shingle, Composition
  • Heating Fuels: Central
  • Additional Features
  • Fireplace

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 525000
  • unparsedaddress: 20700 Bonanza Street
  • postalcity: Lago Vista
  • stateorprovince: TX
  • country: US
  • postalcode: 78645
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.4916
  • lotsizeunits: Acres
  • lotsizearea: 0.4916
  • livingarea: 3120
  • livingareaunits: Square Feet
  • latitude: 30.453311
  • longitude: -97.989131
  • listagentfullname: Maxim Son
  • listagentemail: max@my512realtor.com
  • listagentkey: 3yd-SMABOR-0817026
  • listagentmlsid: 0817026
  • listagentpreferredphone: 5124156244
  • listagentofficephone: 8554500442
  • listofficekey: 3yd-SMABOR-T805521714
  • listagentstatelicense: 0817026
  • listofficemlsid: T805521714
  • disclaimer: Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SMABOR
  • yearbuilt: 1985
  • listingcontractdate: 2026-04-13
  • countyorparish: Travis
  • parcelnumber: 178066
  • elementaryschooldistrict: Lago Vista ISD
  • middleorjuniorschooldistrict: Lago Vista ISD
  • highschooldistrict: Lago Vista ISD
  • appliances: Dishwasher, ElectricRange, Disposal, Microwave, Oven
  • cooling: Central Air
  • constructionmaterials: Frame, Masonry
  • flooring: Laminate
  • heating: Central
  • numberofunitstotal: 4
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle, Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: CeilingFans, KitchenFamilyRoomCombo, KitchenDiningCombo
  • rooms: Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 8, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 4, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.98913, 30.453312
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"max@my512realtor.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Broker, LLC", "ListBrokeragePhone":"(713) 357-6492", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2626 Cole Avenue Ste. 300", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"T805521714", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"support@therealbrokerage.com", "ListOfficePostalCode":"75204", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Lago Vista, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/20700-Bonanza-St_Lago-Vista_TX_78645_M88219-42450?f=listhub&s=SMABOR&m=610501&c=rexren", "MLSModificationTimestamp":"2026-04-14 03:04:34", "Neighborhoods":[{"Description":null, "Name":"Lago Vista Travis Plaza"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9420, "TaxDescription":"LOT 25M LAGO VISTA TRAVIS PLAZA", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/15/2026 1:54:05 PM GMT
Source Updated Date: 4/26/2026 8:22:21 PM GMT

Courtesy of: Maxim Son, Real., max@my512realtor.com

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.