For Sale Multi-Family MLS# 4123608

1220 Nora Ln

Kingsland, TX 78639

$995,000

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Listing Office

Officeunlock-mls-grid logoRE/MAX of Marble Falls
AgentDana Yarter

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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.

Property details

Property

Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
2022
Stories
2
Living area
1,972 sqft
Price / sqft
$505
Lot
1.4 AC / 60,984 SF
Original price
$1,095,000
MLS #
4123608

Interior

Flooring
Vinyl
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Laundry
Inside, Laundry Room, Multiple Locations

Exterior & lot

Roof
Metal, Shingle
Foundation
Slab
Lot
Level
Patio & porch
Covered, Patio
View
Hill Country

Schools

District
Llano ISD
Elementary
Llano
Middle
Llano
High
Llano

Utilities

Utilities
Electricity Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer, Septic Tank

Financial

Annual tax
$3,960
Tax year
2025
Parcel
041495
Legal
ROYAL OAKS ESTATES UNIT 11 LTS 167, 168, 176. & 177
Special conditions
Standard

Location

Subdivision
Royal Oaks Estates 11
County
Llano
Directions
From FM 3404, turn on Entrance Lane, Take a Right on Post Oak Road and Continue (Turns into Nora Lane), Properties on Right.

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.