For sale

$995,000

1220 Nora Ln
Kingsland, TX 78639

  • 0 beds
  • 0 baths
  • 1,972 sq ft
  • 1.4 acres

Listing courtesy of RE/MAX of Marble Falls · (830) 798-1443 · MLS# 4123608 · Status: Active

About this home

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.

Description provided by the listing brokerage.

Facts

Property type
Residential Income · Quadruplex
Year built
2022
Lot size
1.4 acres
Living area
1,972 sq ft
Price per sq ft
$505
Annual taxes
$3,960
County
Llano
Neighborhood
Royal Oaks Estates 11
School district
Llano ISD
Schools
Llano · Llano · Llano

Features

Roof
Metal, Shingle
View
Hill Country
Sewer
Public Sewer, Septic Tank
Levels
Two
Cooling
Ceiling Fan(s), Central Air, Electric
Fencing
See Remarks
Heating
Central, Electric
Flooring
Vinyl
Utilities
Electricity Connected, Sewer Connected, Water Connected
Appliances
See Remarks
Lot
Level
Pets
Call
Water
Public
Windows
None
Parking
See Remarks
Exterior
See Remarks
Interior
See Remarks
Community
Lake, Park
Foundation
Slab
Waterfront
None
Energy efficiency
None
Accessibility
None
Construction
Frame, HardiPlank Type
Patio & porch
Covered, Patio
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Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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