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Lago Vista Apartment Building
For Sale
$1,500,000
Pending

20802 Bonanza St 1-10, Lago Vista, TX 78645

Ten-unit apartment building with lake and hill country views.

Property SizeContact for details
Lot Size0.49 Acres
Days on Market267

Property Features for 20802 Bonanza St 1-10

General Information

Standard status Pending
Lot size 0.49 Acres
Property subtype Commercial

Building Details

Year Built 1985
Listing Agency: Coldwell Banker S.G. Billings
Listed By: Emma Polk · License #0344764
Source: Elliman
Added: Nov 28, 2025 Changed: Jul 6 Last Checked: Jul 23 at 12:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker S.G. Billings

Investment Insights

Based on property information with market context.

This apartment building in Lago Vista features ten units. Nine units offer two bedrooms and two bathrooms, while one unit includes one bedroom and one and a half bathrooms, along with a larger utility area. The five upstairs units are equipped with a fireplace. Each of the ten units has a porch and a small deck in the back, as well as covered carport parking. The units back onto a courtyard, which includes a French drain. Ten storage units are available and currently rented separately. The property is located minutes from Capital Metro, LVISD schools, shopping, and Lake Travis access, offering convenient access to amenities and transportation.

Key Highlights

  • Outstanding Lakeview and Hill Country views.
  • Ten total units: Nine 2‑bedroom, 2‑bath units and one 1‑bedroom, 1.5‑bath unit.
  • All units have a porch, small deck, and covered carport parking.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Building Supply Auto Repair Shop Plumbing Service Garden Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 78645, TX

14,051
Population
7,525
Households
1.9
Avg Household Size
50
Median Age
45%
College-Educated
96%
High-School Grad
32.5 sq mi
ZIP Area
432
Density / Sq Mi
$108,393
Median Household Income
$59,128
Median Earnings
$1,455
Median Rent
$387,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten-unit apartment building with lake and hill country views.
Where is this apartment building located?
The property is located at 20802 Bonanza St 1-10 Lago Vista, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Outstanding Lakeview and Hill Country views.; Ten total units: Nine 2‑bedroom, 2‑bath units and one 1‑bedroom, 1.5‑bath unit.; All units have a porch, small deck, and covered carport parking.
More about this property
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