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$500,000

20700 Bonanza St, Lago Vista, TX, 78645

PendingInfo
Beds Beds
Baths4 Bath
Baths3,120 Sq Ft
QuadruplexQuadruplex
price_per_sqft$160.26 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Range, Electric Oven, Free-Standing Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size21,414 sqft

Building Information

Year Built1985
Stories2
Roof Type105

Land Information

APN01748014020000
Lot Number25M
SubdivisionLago Vista Travis Plaza
Land UseResidential
Legal DescriptionLOT 25M LAGO VISTA TRAVIS PLAZA
Census Tract037300
Assessed Land Value$75,124
Assessed Improvement Value$367,000
Assessment Year2025

About this property

**$25,000 price adjustment for quick sale** Rare turnkey opportunity for investors and owner occupants that beats 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.

Investor Tools

$321,210Estimated Mortgage Balance
$247,790Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,063/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,916
$442,124
2025
$75,124
$367,000
$442,124
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,916
$442,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barton Creek Lending Group Llc
Conventional
$325,000
No
First
Sep 29, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,210
$247,790
43%
56%
$1,949/mo

City: Lago Vista

20700 Bonanza St | Property Details | No Agent List