
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.
Property Type
Residential Income
Year Built
2022
Lot Size
1.40 acres
$/Sq Ft
$555
Listed by RE/MAX of Marble Falls
Verified property facts
1220 Nora LN is listed at $1,095,000 with 0 bedrooms, 1,972 square feet, 1.40-acre lot.
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.
1220 Nora LN is a Residential Income built in 2022 featuring 0 bedrooms, 1,972 square feet, 1.40-acre lot.
1220 Nora LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.

Llano ISD
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.
20% ($219K)
$1,095,000
Luxury property intelligence
A sourced read on Royal Oaks Estates 11 pricing, timing, and property scale. No automated valuation claim.
List price
$1,095,000
Price per sqft
$555/sqft
Vs. Royal Oaks Estates 11 median
Not available
Days on market
26 days
Original to current
No verified reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($219,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1220 Nora LN is around $6,012 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,095,000, 1220 Nora LN is in the Royal Oaks Estates 11 market where there are currently 91 active listings in 78639.
1220 Nora LN was built in 2022, making it 4 years old with relatively recent construction.
1220 Nora LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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