1220 Nora Lane
Kingsland, TX 78639
$995,000
1,972 sqft
beds
baths
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.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Llano Junior High School | 6 - 8 | Regular |
| Llano High School | 9 - 12 | Regular |
| Packsaddle Elementary School | PK - 5 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.