20700 Bonanza ST, Lago Vista, TX 78645
20700 Bonanza ST, Lago Vista, TX 78645
20700 Bonanza ST, Lago Vista, TX 78645
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$524,950
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3,120 SqFt
Active

20700 Bonanza ST Lago Vista, TX 78645

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Karla Lopez Bray

Karla Lopez Bray

+1(512) 791-2021

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $168

Subdivision Lago Vista Travis Plaza

MLS Listing ID 9095279

HOA Y/N No

Year Built 1985

Annual Tax Amount $9,420

Tax Year 2025

Lot Size 0.492 Acres

Acres 0.492

Property Sub-Type Quadruplex

Source actris

Property Description

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.

Location

State TX

County Travis

Interior

Interior Features Open Floorplan

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Number 4

Fireplaces Type Wood Burning

Fireplace No

Appliance Electric Range, Electric Oven, Free-Standing Refrigerator

Exterior

Exterior Feature None

Fence See Remarks

Pool None

Community Features None

Utilities Available See Remarks

Waterfront Description None

View Hill Country

Roof Type See Remarks

Porch Porch

Total Parking Spaces 8

Building

Lot Description None

Faces East

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Wood Siding,See Remarks

New Construction No

Schools

Elementary Schools Lago Vista

Middle Schools Lago Vista

High Schools Lago Vista

School District Lago Vista Isd

Others

Pets Allowed Negotiable

Special Listing Condition Standard

Pets Allowed Negotiable

Listed by Real Broker, LLC
Nearby Locations

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Karla Lopez Bray

Karla Lopez Bray

License ID: 0735787

+1(512) 791-2021

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20700 Bonanza ST