20600 Bonanza ST, Lago Vista TX 78645, Lago Vista, TX 78645
About this property
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.
Basic Property Information
<strong>Dwelling Size - </strong> 4,248 ft2
From Public Records
<strong>Year Built - </strong> 2000
<strong>Stories - </strong> Two
<strong>Foundation - </strong> Pillar/Post/Pier
<strong>Garage - </strong> 0
Asphalt, Parking Lot
<strong>Roof - </strong> Composition
<strong>Lot Size Acres - </strong> 0.485
<strong>Waterfront Features - </strong> None
Bedrooms - 0
<strong>Bathrooms - </strong> 0
<strong>Fireplaces - </strong> 0
<strong>Pool on Property- </strong> None
School District
<strong>School District - </strong> Lago Vista ISD
<strong>Elementary - </strong> Lago Vista
<strong>Middle - </strong> Lago Vista
<strong>Senior High - </strong> Lago Vista
Home Owners Association
<strong>Home Owners Association - </strong> LV POA
<strong>Fee - $</strong> 800
<strong>Frequency - </strong> Annually
<strong>Includes - </strong> See Remarks
Amenities and 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
Utilities
Heating: Central Cooling: Ceiling Fan(s), Central Air Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer Water: Public
Additional Details
<strong>Faces - </strong> East
<strong>Flooring - </strong> Carpet, Laminate
<strong>View - </strong> None
<strong>Lot Features - </strong> Corner Lot, Trees-Medium (20 Ft - 40 Ft)
<strong>Community Features - </strong> See Remarks
Walk Score
Based on information from the Austin Board of REALTORS® for the period 09/12/2026 through 09/12/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.
Lago Vista is a growing lakeside community! POA amenities are amazing! Lake access, parks, ...
Lago Vista is a growing lakeside community! POA amenities are amazing! Lake access, parks, RV park, fishing, 2 fitness centers and more! Building has been repai ...