$995,000
 $5,341 est/mo Sourced by Back At You

1220 Nora Ln,Kingsland, TX 78639

Kingsland, TX 78639

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Description

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.

Details

MLS #4123608
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2022
Days On Site79
Listing Provided ByRE/MAX of Marble Falls | Dana Yarter

Features

SQ Feet1,972
Story(s)2
Acreage1.40
Water FrontYes
Property ViewHill Country

Interior

Interior FeaturesSee Remarks
CoolingCeiling Fan(s), Central Air, Electric
HeatingCentral, Electric
AppliancesSee Remarks
Fireplaces Total0
Window FeaturesNone
FlooringVinyl

Exterior

Exterior FeaturesSee Remarks
RoofMetal, Shingle
Foundation DetailsSlab
Lot FeaturesLevel
Patio And Porch FeaturesCovered, Patio
FencingSee Remarks
Construction MaterialsFrame, Hardi Plank Type

Parking

Parking FeaturesSee Remarks
Garage Spaces0

Utilities

UtilitiesElectricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer, Septic Tank

Other

List AorAustin Board Of Realtors

Taxes

Property3960

Area Information

StateTX
CountyLlano
CityKingsland
Zip Code78639
AreaLL
Community NameRoyal Oaks Estates 11
School DistrictLlano ISD
Elementary SchoolLlano
High SchoolLlano
Listing VS Median (in Royal Oaks Estates 11)
Price:
$995,000
low | high
Med:
$590,000
90.70351758794% of Average
sqft:
1,972
low | high
Med:
2,050
46.04462474645% of Average
$ / sqft:
$505
low | high
Med:
$296
91.385026636944% of Average
On site:
79
low | high
Med:
54.5
100% of Average
Sourced by Back At You

Market Activity 78639

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 27, 2026 at 9:15:24 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyLlano
CityKingsland
Zip Code78639
AreaLL
Community NameRoyal Oaks Estates 11
School DistrictLlano ISD
Elementary SchoolLlano
High SchoolLlano
Listing VS Median (in Royal Oaks Estates 11)
Price:
$995,000
low | high
Med:
$590,000
90.70351758794% of Average
sqft:
1,972
low | high
Med:
2,050
46.04462474645% of Average
$ / sqft:
$505
low | high
Med:
$296
91.385026636944% of Average
On site:
79
low | high
Med:
54.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $746K - $1.243M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
1310 Industrial Blvd Property Photo 1
$1,500
1310 Industrial Blvd
Kingsland, TX 78639
1310 Industrial Blvd Property Photo 1
$215,000
1310 Industrial Blvd
Kingsland, TX 78639
Listing Updated: July 27, 2026 at 10:57:12 AM PDT