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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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1220 Nora Ln , Kingsland, TX 78639
$995,000
Est. Payment: $5,418.25/mo
8 Bed
8 Bath
1972 Sqft
1.4 Acres
Status: active | Days on site: 112
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Jeannette Spinelli
Broker Associate & Founder

House 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.

Highlights

Listed by Dana Yarter , (830) 798-1443 RE/MAX of Marble Falls , (830) 798-1443. Austin MLS mls logo

Property Type

Multi-Family

Lot/Acreage
1.4

Year Built

2022

County

Llano

Area

LL

Neighborhood

Royal Oaks Estates 11

School District

Llano ISD

Listing ID

4123608

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:8
Appliances:See Remarks
Floor:Vinyl
Other:
  • ▪ Additional:See Remarks, Pets Allowed
Water:Public

Exterior Features

Lot:Level
Roof:Metal,Shingle
Others:
  • ▪ Additional:See Remarks, Resale
Sewer:Public Sewer,Septic Tank
Parking Features:See Remarks
Principal Interest
$5,418
Taxes
$330

Home Price

$995,000

Loan Details

30 yrs
7.228%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,418.25

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,418.25 $330.01 $0.00 $5,748.26
Yearly $65,019.00 $3,960.17 $0.00 $68,979.17
Total $1,950,570.12 $118,805.10 $0.00 $2,069,375.22

Today's Rates

30 Year

7.23%

20 Year

6.94%

15 Year

6.71%

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Market insight data is pulled from the same city as the listing being viewed (Kingsland, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-24T03:26:53.000Z

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