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$525,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 20700 Bonanza St
General
- Price: $525,000
- Status: Active
- Type: Apartment
- Source: Central_Texas_MLS
- MLS ID: 610501
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Kitchen/Family Room Combo, Kitchen/Dining Combo
- Fireplace: Yes
- Number of Fireplaces: 4
- Fireplace(s): Living Room
- Appliances: Dishwasher, Electric Range, Disposal, Microwave, Oven
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: In Kitchen
Location
- County: Travis
- Subdivision: Lago Vista Travis Plaza
- Driving Directions: go on Bonanza st, turn left to 20700 bonanza
School Information
- Elem School District: Lago Vista ISD
- Midd School District: Lago Vista ISD
- High School District: Lago Vista ISD
Community
- Association: Yes
- Assoc. Name: Lago Vista POA
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Structure Type: Apartment
- Construction: Frame, Masonry
- Roof: Composition, Shingle
- Stories/Levels: 2
- Square Feet: 3,120
- Sq. Ft. Source: Appraiser
- Living Area: 3,120 Sq. Ft.
- Year Built: 1985
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.4916
- Fencing (Description): Other, See Remarks
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Inventory
- Legal Description: LOT 25M LAGO VISTA TRAVIS PLAZA
- Property ID: 178066
- Lot Number: 25M
Listed by Real Broker, LLC
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Schools
Schools serving 20700 Bonanza St
School District:Lago Vista Independent School District
| Name | Grades | Distance |
|---|---|---|
Lago Vista Elementary School 20311 Dawn Drive, Lago Vista, TX 78645 | K-3 | 0.5 mi |
Lago Vista Intermediate School 20801 Fm 1431, Lago Vista, TX 78645 | 4-5 | 1.9 mi |
Lago Vista Middle School 8039 Bar K Ranch Road, Lago Vista, TX 78645 | 6-8 | 1.9 mi |
Lago Vista High School 5185 Lohman Ford Road, Lago Vista, TX 78645 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20700 Bonanza St
Date
Details
Price
Change
Source
4/13/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20700 Bonanza St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,420
-5%
$442,124
-7%
2024
$9,916
-11%
$475,954
20%
2022
$11,147
—
$396,628
-21%
2022
$11,147
39%
$504,800
57%
2021
$7,991
10%
$322,437
12%
2020
$7,273
-3%
$286,800
-1%
2020
$7,477
7%
$290,398
9%
2018
$6,995
22%
$266,035
21%
2016
$5,746
2%
$219,223
-2%
2017
$5,622
21%
$224,080
25%
2015
$4,652
-4%
$178,585
-2%
2014
$4,832
-6%
$182,165
-5%
2013
$5,141
—
$190,846
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20700 Bonanza St
20700 Bonanza Street, Lago Vista, TX 78645 (MLS# 610501) is a Apartment property with 0 bedrooms and 0 full bathrooms. 20700 Bonanza Street is currently listed for $525,000 and was received on April 13, 2026. Want to learn more about 20700 Bonanza Street? Do you have questions about finding other Apartment real estate for sale in Lago Vista? You can browse all Lago Vista real estate or contact a Coldwell Banker agent to request more information.

