About This Home

This 0-bedroom, 0-bathroom multi-family at 1220 Nora Lane in Kingsland, TX is listed for $995,000 ($126 per sqft). Built in 2022, the home offers 7,883 sqft of living space on a 1.40 acres lot.

Key Features

  • Built in 2022
  • 1.40 acre lot

Property Details

2022

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

1220 Nora Lane

Kingsland, TX 78639

Royal Oaks Est

Property Details

Flooring

Vinyl

Construction

Wood Siding HardiPlank Type

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DishwasherElectric RangeRefrigeratorWasher HookupElectric Water Heater

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1220 Nora Lane is listed at $995,000 ($126/sqft). The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2022, 1.40 acre lot.

This property is listed by Dana Yarter.

DY

Dana Yarter

Agent at RE/MAX of Mable Falls

Listed by RE/MAX of Mable Falls · Broker phone: (512) 755-1355 · View on Broker Site · Broker website

MLS# 178274· Source: Highland Lakes Association of Realtors MLS· 142 days on PropertySimple

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1220 Nora Lane, Kingsland, TX 78639

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