1220 Nora Ln, Kingsland, TX 78639

$995,000
1,972
SqFt

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List Price
$995,000
Status
ACTIVE
MLS#
4123608
Price Change
▼ $100,000 1785188961
Days on Market
115
Living Area
1,972
Lot Size
60,984
Area
Burnet/Llano

Property Description

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.

Additional Information

Taxes
$3,960
Tax Year
2025
Year Built
2022
Exterior Features
See Remarks
Interior Features
See Remarks
Roof
Metal, Shingle
Appliances
See Remarks
Construction
Frame, HardiPlank Type
Region
Burnet/Llano
School District
Llano ISD
Elementary School
Llano
High School
Llano
Middle School
Llano
Sewer
Public Sewer, Septic Tank
Stories
2
Street Name
Nora Ln
Street Number
1220
Neighborhood
Royal Oaks Estates 11
Water
Public
Acres
1.40
County
Llano
Floor
Vinyl
Heating
Central, Electric
Lot Description
Level

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Listing courtesy of RE/MAX of Marble Falls. Contact: (830) 798-1443

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