Lago Vista, TX Multifamily properties for sale

Updated: Nov 28, 2025

Lago Vista Apartment Building

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

$1,500,000

0.49 AC lot

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.
Five upstairs units feature a fireplace.
Ten storage units are currently rented, providing additional income.

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Updated: Dec 1, 2023

New Construction Duplexes For Sale

21210 Portsmouth Cove, Lago Vista, TX 78645

Contact for pricing

2,902 sqft

Fully leased, income‑producing property.
New construction (2023) duplexes.
Spacious units: 1,451 SF with 3 beds, 2.5 baths, and 2‑car garage.
Located near Highland Lakes Estates with lake and hill country views.
Includes access to various amenities like docks and parks.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Lago Vista, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Income-Generating Multifamily Property

10614 Deer Canyon Rd, Jonestown, TX 78645

$2,300,000

6,531 sqft 17.52 AC lot

Six rental units with existing utilities and access on an elevated Hill Country parcel outside the floodplain.

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Hill Country Income Property with Views

10614 DEER CANYON RD JONESTOWN TX 78645, Jonestown, TX 78645

$2,300,000

6,531 sqft 17.50 AC lot

Existing six-unit rental income with Hill Country elevation and on-site infrastructure supports both continued use and future development.

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Duplex with Four-Bay Garage

5205 Hudson Bend Road, Austin, TX 78734

$799,000

0.70 AC lot

Two 2-bedroom apartments with private entrances plus a four-bay garage on 0.701 acres.

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Mobile Home Park Investment

4747 Eck Ln, Austin, TX 78734

$1,199,000

3.34 AC lot

3.34 acre mobile home park for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Unrestricted Lots Near Lake LBJ

Gardenia St. lot: 23 & 24, Kingsland, TX 78639

$30,000

0.13 AC lot

Unrestricted lots near Lake LBJ, suitable for RV or tiny home.

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Taylor Land with Highway Frontage

1607 E 4Th St, Taylor, TX 76574

$499,000

904 sqft 1.47 AC lot

1.47-acre property near Downtown Taylor with development potential.

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Elgin, TX Land Opportunity

4605 County Road 467, Elgin, TX 78621

$699,000

25.54 AC lot

25+ acres with grazing potential near Elgin, Texas.

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Commercial Land Near Stillhouse Lake

FM 3481/Cedar Knob Church Road, Salado, TX 76571

$875,000

11.66 AC lot

11.66 Acres suitable for RV park or development.

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Off-Market Properties in Lago Vista, TX

Consider similar Off-Market properties in Lago Vista, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (100+ UNITS)

21101 Boggy Frd Rd, Lago Vista, TX 78645-2073

$795,000

Estimated value

68,888 sqft 10.21 AC lot

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APARTMENT HOUSE (5+ UNITS)

20802 Bonanza St, Lago Vista, TX 78645-5802

Value Estimation by Request

8,264 sqft 0.49 AC lot

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Multifamily properties

18800 Hogan Cir, Lago Vista, TX 78645

Value Estimation by Request

1,262 sqft

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Lago Vista, TX Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Lago Vista, TX on our real estate platform. These investment opportunities span a total of 2,902 square feet of properties for sale, with an estimated market value of $1,500,000.

Sale prices for multifamily properties in Lago Vista, TX average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Leander - 78645	$3.6M

Neighborhood

Average Price

Leander - 78645

$3.6M

Lago Vista, TX Multifamily Properties for Sale

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

21210 Portsmouth Cove, Lago Vista, TX 78645