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  5. 20600 Bonanza ST, Lago Vista TX 78645

20600 Bonanza ST, Lago Vista TX 78645

$ 899,000
20600 Bonanza ST, Lago Vista TX 78645,
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Overview

  • Property ID
  • 2570972
  • 4,248 ft2
  • 0 ac

Description

Excellent opportunity to acquire a stabilized, fully occupied four-plex at 20600 Bonanza St. This income-producing property is currently cash flowing and offers immediate returns for investors seeking a low-maintenance asset.
Recent capital improvements include two new water heater replacements and two HVAC system replacements, reducing near-term maintenance concerns. Additionally, two units have undergone recent turns and renovations, providing updated interiors and supporting strong rental demand.
The property features a proven rental history with consistent occupancy, making it a solid long-term hold or portfolio addition. Well-maintained with a mix of updated systems and renovated units, this four-plex offers both stability and upside potential through future rent growth.

Features

Other Features
Dishwasher
Disposal
Eat-in Kitchen
Electrical Utility Available
Exterior Steps
Free-Standing Electric Range
High Speed Internet
Home Owners Association
Interior Steps
Microwave
Pantry
Private Yard
Refrigerator

Details

Property Id : 2570972
Price: $ 899,000
Property Size: 4,248 ft2
Property Lot Size: 0 ac
Syndication Remarks: Excellent opportunity to acquire a stabilized, fully occupied four-plex at 20600 Bonanza St. This income-producing property is currently cash flowing and offers immediate returns for investors seeking a low-maintenance asset. Recent capital improvements include two new water heater replacements and two HVAC system replacements, reducing near-term maintenance concerns. Additionally, two units have undergone recent turns and renovations, providing updated interiors and supporting strong rental demand. The property features a proven rental history with consistent occupancy, making it a solid long-term hold or portfolio addition. Well-maintained with a mix of updated systems and renovated units, this four-plex offers both stability and upside potential through future rent growth.
Parking Features: Asphalt, Parking Lot
Lot Size(acres): 0.485
Lot Size(sf): 21126.6
Country: US
Last Listing Change: 2026-01-21T18:03:41.353Z
Property Key: 48453|177900|1|46865640
Status Contractual Search Date: 2026-01-21
Listing Key Numeric: 217041255
Est. Taxes: 11159
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 13
State: TX
Last Status Change: January 21, 2026 at 06:03pm
Street Name: Bonanza
Laundry Location: In Kitchen
Street# Ext.: 20600
Street#: 20600
Street Suffix: ST
Property Match: APN
$/SF: 211.63
Tax Filled SF Total: 4248
Unit Mix: 2/1, 3/1.5, See Remarks
Unit Room Type: Primary Bedroom
Accessibility Features: None
HOA Fee: 800
HOA Fee Frequency: Annually
HOA includes: See Remarks
HOA Name: LV POA
Community Features: See Remarks
Construction Materials: HardiPlank Type
Cooling: Ceiling Fan(s), Central Air
Covered Spaces: 0
Faces: East
Directions: FM 1431 west to Lago Vista; left on Lohman Ford; right on Dawn Dr.; left on Thunderbird. Fourplex is on the corner of Thunderbird and Bonanza on the right
Elem School: Lago Vista
Elem School District: Lago Vista ISD
Fencing: Fenced, Privacy, Wood
#Fireplaces: 0
Flooring: Carpet, Laminate
Foundation Details: Pillar/Post/Pier
Garage Spaces: 0
Heating: Central
High School: Lago Vista
High School District: Lago Vista ISD
Levels: Two
Listing ID: 1828008
Listing Terms: Cash, Conventional
SF Source: Public Records
Lot Features: Corner Lot, Trees-Medium (20 Ft - 40 Ft)
MLS Area Major: LN
Middle School: Lago Vista
Middle School District: Lago Vista ISD
Status: Active
Other Structures: None
Parcel#: 01747817020000
Patio And Porch Features: Covered, Porch
Pets Allowed: Cats OK, Dogs OK
Pool Features: None
Property Condition: Resale
Roof: Composition
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Water Source: Public
Waterfront Features: None
Window Features: Double Pane Windows, Window Treatments
Year Built: 2000

Calculator

$ 6,156.54
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,545.83

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Schedule Tour

Fri 27 Feb
Sat 28 Feb
Sun 01 Mar
Mon 02 Mar
Tue 03 Mar
Wed 04 Mar
Thu 05 Mar
Fri 06 Mar
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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20600 Bonanza ST, Lago Vista TX 78645

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Gerald Bodle, MBA