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20700 Bonanza Street , Lago Vista, TX 78645

$525,000
  • 20700 Bonanza Street , Lago Vista, TX 78645 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET3,120 MLS#610501
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLago Vista Travis Plaza SCHOOLLago Vista ISD

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.

20700 Bonanza Street | MLS# 610501

This multi-family property located at 20700 Bonanza Street , Lago Vista, TX 78645 is currently listed for sale with an asking price of $525,000. Bonanza Street is located within the Lago Vista ISD school district. Search Lago Vista real estate on kyladieterich.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fireplaces: 4
Heating: Central
Lot Size: 0.49 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Year Built: 1985

Amenities

Ceiling Fan(s)
Kitchen/Family Room Combo
Kitchen/Dining Combo

Feature Descriptions

Accessibility: None
Appliances: Dishwasher, Electric Range, Disposal, Microwave, Oven
Body of Water: None
Days on Site: 1
Exterior: Frame, Masonry
Fencing: Other, See Remarks
Fireplace: Living Room
Flooring: Laminate
Laundry: In Kitchen
Parcel#: 178066
Sewer: Public Sewer
Units: 4
Utilities: Electricity Available
Water: Public

Local Schools

School District: Lago Vista ISD

Listed By / Shown By

Listed By

Agency Name: Real Broker, LLC
Agency Phone: 855-450-0442

Shown By

Agent Name: Kyla Dieterich
Agent Phone: (254) 749-6069
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 1,321.55 per month $1,168.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $153.13 Homeowner's Insurance

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