1220 Nora Ln, Kingsland, TX 78639 (MLS # 169844)

Price $1,325,000
Status Active
Beds 0
Baths 0 Bath
Home size 7,883 sqft
Lot Size 1.40 ac
Days on Market 110
Rare multifamily investment opportunity in Kingsland, Texas near Lake LBJ! This offering includes three 2022 built duplexes and one single family home that went through a complete remodel in 2022. This package is 100 percent occupied and is located near the famous Kingsland Slab swimming hole on the Llano River. The duplexes were built with low maintained in mind with hardie siding, luxury vinyl plank flooring throughout, and quartz countertops. Each duplex is approximately 2000sf and the units are 2 bedrooms, 1.5 baths, have private backyards and lots of room for parking. The single family home features 2 bedrooms, 2 baths and is just under 2000sf. The duplex units are leased at $1300-$1400 per month and all properties are on KMUD sewer, Kingsland Water, CTEC, and Vyve highspeed internet. Property is has a low 1.23 tax rate and is located in the Llano ISD which is holds an "A" accountability rating according to The Texas Tribune! This is a great opportunity to diversify your portfolio or add to your current rental pool!
Property Type(s): Multi Family
Last Updated 8/7/2024 Tract Royal Oaks Est
Year Built 2022 County Llano

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Range, Electric Water Heater, Refrigerator
CONSTRUCTION Wood Siding
HEAT Electric
LOT 1.4 acre(s)
LOT DIMENSIONS 150x400
SUBDIVISION Royal Oaks Est
WATER Public

Location

 

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Listing provided by Andy Virdell, Landmasters Highland Lakes

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