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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$525,000
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3,120 SqFt
New

20700 Bonanza ST Lago Vista, TX 78645

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George Cass

George Cass

+1(254) 831-9922

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $168

Subdivision Lago Vista Travis Plaza

MLS Listing ID 610501

Construction Status Resale

HOA Y/N Yes

Year Built 1985

Lot Size 0.492 Acres

Acres 0.4916

Property Sub-Type Apartment

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.

Location

State TX

County Travis

Interior

Interior Features Ceiling Fan(s), Kitchen/Family Room Combo, Kitchen/Dining Combo

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Number 4

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Electric Range, Disposal, Microwave, Oven

Laundry In Kitchen

Exterior

Fence Other, See Remarks

Pool None

Utilities Available Electricity Available

View Y/N No

Water Access Desc Public

View None

Roof Type Composition,Shingle

Accessibility None

Building

Dwelling Type Apartment

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Resale

Schools

School District Lago Vista Isd

Others

HOA Name Lago Vista POA

Tax ID 178066

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Central Texas MLS (CTXMLS)
Listed by Maxim Son • Real Broker, LLC

Nearby Locations

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George Cass

George Cass

Agent | License ID: 791507

+1(254) 831-9922

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20700 Bonanza ST