20700 bonanza street

Lago Vista, TX 78645

0.49 AC LOT
Residential - Apartment
Image 1
Acreage 0.4916
Status Off Market
MLS # 610501
County Travis
More Info
Category Residential - Apartment
Status Off Market
Acreage 0.4916
MLS # 610501
County Travis
** 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.

Exterior Features

  • Construction Single Family
  • Siding Frame, Masonry
  • Roof Composition,Shingle
  • Garage No
  • Water Public
  • Sewer PublicSewer

Interior Features

  • Appliances Dishwasher, ElectricRange, Disposal, Microwave, Oven
  • Heating Central
  • Cooling CentralAir
  • Fireplaces 4
  • Fireplaces Description LivingRoom
  • Year Built 1985

Neighborhood & Schools

  • Subdivision Lago Vista Travis Plaza

Financial Information

  • Parcel ID 178066

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.