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$500,000
last listed20700 Bonanza St, Lago Vista, TX 78645
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— bed, — bath, 3,120 sqft on 0.49 acres in Lago Vista. Lago Vista, TX 78645. Last listed at $500,000, sold June 9, 2026. Lago Vista ISD.
About This Home
**$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.
- Property Type
- Residential Income
- Year Built
- 1985
- Lot Size
- 0.49 acres
- Price / Sq Ft
- $160
Listing information last updated June 11, 2026.
Listed by Real Broker, LLC
MLS# 9095279 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Open Floorplan
- Electric Range
- Electric Oven
- Free-Standing Refrigerator
- Laminate
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 4
Exterior & Lot
- Wood Siding
- Slab
- Porch
- Lot Size
- 0.49 Acres
Financial
- Original List Price
- $524,950
- Price per Sq Ft
- $160
Utilities
- Water Source
- Public
- Sewer
- Public Sewer
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $500,000
- Original list
- $524,950
- Price movement
- $25K reduction
- Listed / DOM
- Mar 20, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $442,124
- Assessment Year
- 2025
- Year Built
- 1985
- Parcel ID
- 000000178066
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+11.5% | — | $442,124 | $75,124 | $367,000 |
2024-21.4% | — | $396,628 | $77,500 | $405,533 |
2023+56.6% | — | $504,800 | $85,250 | $311,378 |
2022+12.4% | — | $322,437 | $85,250 | $419,550 |
2021 | — | $286,800 | $25,000 | $297,437 |
Zoned Schools
Lago Vista
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($100K)
Adjustable assumption - not a lending recommendation.
Home price
$500,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.
List price
$500,000
Price per sqft
$160/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$25K reduction
$525K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Jun 11, 2026.
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