About 1220 Nora
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!
Features of 1220 Nora
| MLS® # | 169844 |
|---|---|
| Price | $1,325,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,883 |
| Acres | 1.40 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 1220 Nora |
|---|---|
| Subdivision | Royal Oaks Est |
| City | Kingsland |
| County | Llano |
| State | TX |
| Zip Code | 78639 |
Amenities
| Has Pool | No |
|---|
Interior
| Appliances | Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Hardi-Panel |
|---|---|
| Roof | Composition, Metal |
| Construction | Wood |
| Foundation | Pier & Beam, Slab |
School Information
| District | Llano |
|---|
Waterfront Information
| Is Waterfront | No |
|---|---|
| Waterfront | No |
Additional Information
| Date Listed | August 7th, 2024 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Andy Virdell |
|---|---|
| Office | Landmasters Highland Lakes |