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Property 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.
Full Property Details
Full Property Details for 1220 Nora Ln
General
- Price: $1,095,000
- Taxes: $3,960 (2025)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 4123608
- Updated: 6/9/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: See Remarks
- Appliances: See Remarks
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Inside, Laundry Room, Multiple Locations
Additional Information
- Shared Amenities: Lake, Park
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: See Remarks
- Porch/Patio/Deck: Covered, Patio
Parking
- Parking Features: See Remarks
Location
- Area: LL
- County: Llano
- Subdivision: Royal Oaks Estates 11
- Driving Directions: From FM 3404, turn on Entrance Lane, Take a Right on Post Oak Road and Continue (Turns into Nora Lane), Properties on Right.
- Direction Faces: North
School Information
- Elem School District: Llano ISD
- Midd School District: Llano ISD
- High School District: Llano ISD
- Elementary School: Llano
- Middle School: Llano
- High School: Llano
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer, Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, See Remarks, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame, HardiPlank Type
- Roof: Metal, Shingle
- Windows: None
- Stories/Levels: 2
- Square Feet: 1,972
- Sq. Ft. Source: Public Records
- Living Area: 1,972 Sq. Ft.
- Year Built: 2022
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: Hills
- Lot Size (Acres): 1.4
- Lot Size (Sq. Ft.): 60,984
- Fence: Yes
- Lot Features: Level
- Fencing (Description): See Remarks
Financial Considerations
- Assessment Amount: $326,720
- Tax Amount: $3,960.17
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: See Remarks
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: ROYAL OAKS ESTATES UNIT 11 LTS 167, 168, 176. & 177
- Disclosures/Reports: See Remarks
- Property ID: 41495
- Lot Number: 177
Listed by RE/MAX of Marble Falls
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Schools
Schools serving 1220 Nora Ln
School District:Llano Independent School District
| Name | Grades | Distance |
|---|---|---|
Packsaddle Elementary School 150 Pioneer Lane, Kingsland, TX 78639 | PK-5 | 2.5 mi |
Llano J High School 400 East Highway 71, Llano, TX 78643 | 6-8 | 12.7 mi |
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 13.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 Nora Ln
Date
Details
Price
Change
Source
6/09/2026
Listed
$1,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1220 Nora Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,372
-61%
$326,720
11%
2024
$3,539
10%
$293,860
15%
2023
$3,220
4193%
$255,780
5016%
2022
$75
25%
$5,000
10%
2020
$60
9%
$4,550
15%
2019
$55
-4%
$3,950
—
2018
$57
—
$3,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1220 Nora Ln
1220 Nora Lane, Kingsland, TX 78639 (MLS# 4123608) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1220 Nora Lane is currently listed for $1,095,000 and was received on June 09, 2026. Want to learn more about 1220 Nora Lane? Do you have questions about finding other Multi-Family real estate for sale in Kingsland? You can browse all Kingsland real estate or contact a Coldwell Banker agent to request more information.

