Active · MLS# 4123608

1220 Nora Ln

Kingsland, TX, 78639

$995,000

0 Beds · 0 Baths · 1,972 SF · $505/SF

Exceptional income-producing investment in the heart of Kingsland, just minutes from Lake LBJ and the renowned Kingsland Slab. This turnkey portfolio includes three duplexes built in 2022 plus one single-family residence fully renovated in 2022, offering a rare combination of newer construction, strong occupancy, and low-maintenance ownership. The property is 100% occupied and generates consistent rental income. Each duplex offers approximately 2,000 square feet and features two spacious 2-bedroom, 1.5-bath units with private backyards, ample parking, luxury vinyl plank flooring, quartz countertops, and durable Hardie siding designed for long-term, low-maintenance performance. The included single-family home spans just under 2,000 square feet and features 2 bedrooms and 2 bathrooms, providing additional rental flexibility and income diversification. Current duplex rents range from $1,300 to $1,400 per month, and all properties are serviced by KMUD sewer, Kingsland Water, CTEC electric, and Vyve high-speed internet. Investors will appreciate the low 1.23% tax rate and location within Llano Independent School District, a district recognized with an “A” accountability rating. Whether you're looking to expand an existing portfolio or acquire a stabilized, cash-flowing asset in one of the Texas Hill Country’s most desirable lake communities, this offering presents a compelling investment opportunity with immediate income and long-term upside.

Property Details

Property type

Quadruplex

Living area

1,972 sq ft

Year built

2022

Lot size

1.4 acres

Subdivision

Royal Oaks Estates 11

County

Llano

Annual taxes

$3,960

Schools

Elementary

Llano

Middle

Llano

High

Llano

Features

Interior

See Remarks

Exterior

See Remarks

Flooring

Vinyl

Heating

Central · Electric

Cooling

Ceiling Fan(s) · Central Air · Electric

Views

Hill Country

Listing courtesy of Dana Yarter, RE/MAX of Marble Falls. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.