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Days78Days on Market
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$1,095,000

1220 Nora Ln, Kingsland, TX, 78639

On MarketInfo
Baths1,972 Sq Ft
QuadruplexQuadruplex
price_per_sqft$555.27 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Heating CentralHeating Central
CoolingCooling
AppliancesSee Remarks
FlooringVinyl

Exterior

Exterior FeaturesSee Remarks

Building Information

Year Built2023
Stories2
Roof Type112

Land Information

APN41606
Lot Number177
SubdivisionRoyal Oaks Estates (11)
Land UseResidential
Legal DescriptionROYAL OAKS ESTATES UNIT 11 LT 177
Census Tract970502
Assessed Land Value$3,150
Assessed Improvement Value$323,570
Assessment Year2025

About this property

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.

Investor Tools

$0Estimated Mortgage Balance
$478,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,570 /month
Positive
Cash Flow Estimate:
$2,190 /month

Interested in this property?

Dana Yarter

RE/MAX of Marble Falls

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,372
$326,720
2025
$3,150
$323,570
$326,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,372
$326,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$478,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kingsland

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1220 Nora Ln | Property Details | No Agent List