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Residential Land for Multi-Family Development
For Sale
$69,900

20804 Bonanza St, Lago Vista, TX 78645

Over half an acre lot suitable for multi-family development.

Property SizeContact for details
Lot Size0.73 Acres
Days on Market258

Property Features for 20804 Bonanza St

General Information

Standard status Active
Lot size 0.73 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,628
Listing Agency: Coldwell Banker S.G. Billings
Listed By: Emma Polk · License #0344764
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:41AM

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 property features over half an acre of land suitable for multi-family development. City sewer and water services are available. The lot has 236 feet of frontage on Canyon Street and 117 feet of frontage on Bonanza Street. The location is near schools, parks, Capital Metro, the library, and city hall, where various festivities occur throughout the year. The property offers views of Hill Country Golf Course Canyon and Lake.

Key Highlights

  • Over half an acre lot suitable for multi‑family development
  • City sewer and water connections are available
  • Frontage on Canyon (236ft) and Bonanza (117ft)

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Over half an acre lot suitable for multi-family development.
Where is this land located?
The property is located at 20804 Bonanza St Lago Vista, TX.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Over half an acre lot suitable for multi‑family development; City sewer and water connections are available; Frontage on Canyon (236ft) and Bonanza (117ft)
More about this property
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