1220 Nora Ln, Kingsland, TX, 78639 - MLS# 4123608

$995,000

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Sqft 1,972
Acres 1.40
Property Type Residential Income
Heating Central, Electric
Parking See Remarks
Year Built 2022
Stories 2
Cooling Central Air, Ceiling Fan(s), Electric
Days on Market 125
Garages 0

About 1220 Nora Ln

Hardie siding designed for long-term, low-maintenance performance establishes the exterior quality of this investment opportunity located in Kingsland, just minutes from Lake LBJ and the Kingsland Slab. This turnkey portfolio consists of three duplexes built in 2022 and one single-family residence fully renovated in 2022. The entire property is 100% occupied, serving as an exceptional income-producing investment that generates consistent rental income within the Texas Hill Country. Inside the duplexes, each unit features luxury vinyl plank flooring and quartz countertops. These duplexes offer approximately 2,000 square feet of space divided into two spacious 2-bedroom, 1.5-bath units. The single-family home provides additional rental flexibility, spanning just under 2,000 square feet with 2 bedrooms and 2 bathrooms. All properties are serviced by KMUD sewer, Kingsland Water, CTEC electric, and Vyve high-speed internet. Outdoor areas include private backyards for the duplex units along with ample parking on the property. Situated on a 0.36-acre lot, the property benefits from a low 1.23% tax rate and is located within the Llano Independent School District, which holds an "A" accountability rating. Acquire a stabilized, cash-flowing asset with immediate income and long-term upside in a highly desirable lake community. Contact us today to explore this rare portfolio offering.

Location

Legal Description ROYAL OAKS ESTATES UNIT 11 LTS 167, 168, 176. & 177
Address 1220 Nora Ln
County Llano
City Kingsland
Zip Code 78639
Subdivision Royal Oaks Estates 11
School District Llano ISD
MLS Area LL

Size and Restrictions

Acres 1.40
Lot Description Level
Horses Allowed No
$/Acre $710,714

Improvements

Parking See Remarks
Fence See Remarks
Exterior Features See Remarks

Features

View Hills
Water Access None

Utilities

Water Public
Utilities Electricity Connected, Sewer Connected, See Remarks, Water Connected

Amenities

Area Amenities Lake, Park

Beds and Baths

Primary on Main No

Other Rooms

Other Rooms Dining Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Kitchen Appliances See Remarks
Laundry Facilities Inside, Laundry Room, Multiple Locations

Heating and Cooling

Heating Central, Electric
Air Conditioning Central Air, Ceiling Fan(s), Electric

Interior Features

Flooring Vinyl
Features See Remarks
Disability None

Building Information

Square Feet 1,972
Year Built 2022
# of Stories 2
Building Faces North
Construction Frame, HardiPlank Type
Foundation Slab
Roof Metal, Shingle

Property Features

Exterior Features See Remarks

Garage and Parking

Garage No
Parking See Remarks

Financial

$/Sq Ft $505
$/Acre $710,714
$/Unit $248,750
Special Conditions NoRestrictions
Documents Available See Remarks
Disclosures See Remarks

Property Taxes

Appraisal District Llano
Estimated Taxes $3,960
Tax ID 041495
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeRE/MAX of Marble Falls
Contact Info(830) 798-1443

Listing Map

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