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Keenan Group#1 Austin Board of Realtors Team 2024

$995,000

0Beds
1,972Sq Ft
1.40 acresLot

1220 Nora Ln, Kingsland, TX 78639

Reduced 9%$1,095,000
Kingsland·MLS# 4123608·Built 2022·129 days on market

— bed, — bath, 1,972 sqft on 1.40 acres in Kingsland. Kingsland, TX 78639. $995,000. Llano ISD.

About This Home

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.

Property Type
Residential Income
Year Built
2022
Lot Size
1.40 acres
Price / Sq Ft
$505

Listing information last updated September 30, 2026.

Listed by RE/MAX of Marble Falls

MLS# 4123608 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 1.40-acre lot
Inside the duplexes, each unit features luxury vinyl plank flooring and quartz countertops
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
Contact us today to explore this rare portfolio offering.

Facts & Features

Interior

Flooring

  • Vinyl
Heating
Central,Electric
Cooling
Ceiling Fan(s),Central Air,Electric
Exterior & Lot

Construction

  • Frame
  • Hardi
  • Plank Type

Lot Features

  • Level

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
Roof
Metal,Shingle
Lot Size
1.40 Acres
Financial
Original List Price
$1,095,000
Price per Sq Ft
$505
Utilities
  • Electricity Connected
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer,Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 1220 Nora LN, whoever represented it.

  1. ActiveListed 2026
    Current price: $995,000Original list: $1,095,000MLS 4123608
    1. Listed · June 9, 2026$1,095,000
    2. Price changed · July 27, 2026$995,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$995,000
Original list
$1,095,000
Price movement
$100K reduction
Listed / DOM
Jun 9, 2026 · 129 days

Virtual Tour

Virtual tour of 1220 Nora Ln
Map showing 1220 Nora LN
1220 Nora LN
Directions

Zoned Schools

Llano ISD

1 High School1 Middle School1 Elementary School

Llano

High SchoolGrades 9-12Zoned assignment

Llano

Middle SchoolGrades 6-8Zoned assignment

Llano

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$5,511

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($199K)

Adjustable assumption - not a lending recommendation.

$995,000

Loan: $796K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Kingsland pricing, timing, and property scale. No automated valuation claim.

List price

$995,000

Price per sqft

$505/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

129 days

Original to current

$100K reduction

$1.1M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Verified property facts

Frequently Asked Questions

How much is 1220 Nora Ln?

1220 Nora Ln is listed at $995,000 with 0 bedrooms, 1,972 square feet, 1.40-acre lot.

What school district is 1220 Nora Ln in?

1220 Nora Ln is zoned for Llano ISD with assigned schools: Llano (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.

What are the property details for 1220 Nora Ln?

1220 Nora Ln is a Residential Income built in 2022 featuring 0 bedrooms, 1,972 square feet, 1.40-acre lot.

What are the property taxes for 1220 Nora Ln?

The most recent annual property tax for 1220 Nora Ln is $3,960. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 1220 Nora Ln?

This page does not assume a mortgage rate or publish a monthly payment for 1220 Nora Ln. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1220 Nora Ln compare with other homes in Kingsland?

As of Oct 16, 2026, 1220 Nora Ln is offered at $995,000. The current MLS snapshot shows 78 active listings in 78639.

When was 1220 Nora Ln built?

1220 Nora Ln was built in 2022, making it 4 years old with relatively recent construction.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Kingsland

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

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Based on information submitted to MLS GRID as of 10/15/2026, 8:07:14 PM. 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.

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Last updated: 10/15/2026, 8:07:14 PM

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