$325,000
●
Condo -
Off Market
20509 Bonanza ST #B
Lago Vista, TX 78645
3 Beds
3 Baths,
1
Half Bath
1,451 Ft²
$2,295
Est. Monthly
$17
HOA / Fees
6.28%
Cap Rate
About This Property
Welcome to a Bonanza of benefits in this home! A modern build in
2022 with an open-concept layout crowned with high ceilings and
embraced by vinyl plank flooring. The culinary space delights with
stainless steel appliances, a farmhouse sink, and lustrous white
countertops, accented by tasteful pendant lighting. Illuminated by
natural light, the living area extends to a a shaded patio.
Upstairs, slumber in serene bedrooms where the primary suite offers
an en-suite with dual vanities and a spacious walk-in shower, as
well as a balcony for additional lounging. The laundry room,
additional storage and a half bath are located next to the entrance
from the garage. Step out and blend into the local canvas of Lago
Vista, from the weekly farmer's market's fresh fare to the quiet
corners of the nearby library (both a walk or short roll away).
Lago Vista is a beautiful Lake Community. Lake access within a
mile. Lago Vista POA has 9 Parks, 5 Boat Ramps, Pool, Fitness
Center, Disk Golf, Hiking Trails and much much more. Can be used as
STR and previously leased at $2350/month.
Unit Size
1,451 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$224
Property Type
Condo
Property Taxes
$682
HOA Dues
$17
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (Unlock MLS #ACT2628218)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Listed by Keller Williams Realty | $329,900 | |
| Listed by Keller Williams Realty | |||
   | |||
|
Welcome to a home brimming with modern charm and thoughtful design! Freshly painted and like new, this open-concept gem boasts high ceilings, stylish vinyl plank flooring, and a bright, airy ambiance. The kitchen shines with stainless steel appliances, a farmhouse sink, sleek white countertops, and elegant pendant lighting, while the living area flows seamlessly to a shaded patio, perfect for outdoor relaxation. Upstairs, serene bedrooms await, including a primary suite with a spa-like en-suite featuring dual vanities, a spacious walk-in shower, and a private balcony. Conveniently located near the garage entrance, the laundry room, extra storage, and a half bath add everyday ease. Nestled in the heart of Lago Vista, this home offers access to a vibrant community with weekly farmers' markets, a library just moments away, and incredible outdoor amenities—including lake access within a mile, nine parks, five boat ramps, a pool, fitness center, disc golf, hiking trails, and more.
| |||
| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Price Decreased |
$325,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Jul 17, 2024 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Covered Spaces: 2
Total Number of Parking: 4
Parking Features: Attached, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, High Ceilings, Vaulted Ceiling(s), Granite Counters, Electric Dryer Hookup, Recessed Lighting, Smart Thermostat, Washer Hookup
Appliances: Dishwasher, Disposal, Free-Standing Electric Range
Flooring Type: Vinyl
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Living Area: 1451
Exterior Details
Property Type: Residential
Property Sub Type: Condominium
Green Energy Efficient
Property Condition: Resale
Year Built: 2022
Year Built Source: Public Records
Unit Style: 1st Floor Entry
View Desription: Neighborhood
Fencing: Fenced
Levels: Two
Construction Materials: Stucco
Foundation: Slab
Roof: Composition
Exterior Features: Balcony, Gutters Partial
Pool Features: None
Lot Features: Back Yard, Level
Lot Size Acres: 0.192
Lot Size Square Feet: 8363.52
Water Source: Public
Financial Details
Tax Year: 2023
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Electricity Connected, Sewer Connected, Water Connected
Location Details
Directions: FM 1431 WEST TO LOHMAN'S(LEFT), RT DAWN DR, LEFT THUNDERBIRD, PROPERTY WILL BE HALF A BLOCK ON THE LEFT SIDE
Community Features: BBQ Pit/Grill, Fishing, Fitness Center, Golf, Lake, Park, Picnic Area, Playground, Pool, Sport Court(s)/Facility, Tennis Court(s)
Other Details
Association Fee Includes: Common Area Maintenance
Association Fee: $200
Association Fee Freq: Annually
Association Name: Lago Vista POA
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/17/2025
|
3 Bed
|
2 Bath
|
1451 ft²
|
$329,900
3 Bed
2 Bath
1451 ft²
|
$329,900
02/17/2025
|
Lauren Cowan
Keller Williams - Austin NW
| |
|
04/25/2024
|
3 Bed
|
3 Bath
|
1451 ft²
|
$365,000
3 Bed
3 Bath
1451 ft²
|
-
-
|
Laura Ivy Blessing
Keller Williams - Austin NW
| |
|
03/05/2022
|
3 Bed
|
2.5 Bath
|
1451 ft²
|
$400,000
3 Bed
2.5 Bath
1451 ft²
|
-
-
|
Rhonda Hendren
Keller Williams - Austin NW
| |
|
03/06/2021
| |
Studio
|
-
|
2902 ft²
|
$599,000
Studio
-
2902 ft²
|
-
-
|
Rhonda Hendren
Keller Williams - Austin NW
|
Building Info
About Highland Lake Estates
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Listed by: Lauren Cowan
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2024-11-01 08:56:20
Data Source: Unlock MLS, MLS# ACT2628218
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2024-11-01 08:56:20
Data Source: Unlock MLS, MLS# ACT2628218
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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