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Duplex and Single-Family Rental Portfolio
For Sale
$995,000

1220 Nora Lane, Kingsland, TX 78639

Residential Income, Kingsland, TX

Property Size7,883 SF
Lot Size1.40 Acres
Price / SF$126.22
Days on Market93

Property Features for 1220 Nora Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Appliances Dishwasher, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater
Subdivision Royal Oaks Est
Elementary school district Llano
Middle school district Llano
High school district Llano
Directions From FM 3404, turn on Entrance Lane, Take a Right on Post Oak Road and Continue (Turns into Nora Lane), Properties on Right.
Standard status Active
APN 041495
Size 7,883 SF
Lot size 1.40 Acres

Taxes and HOA fees

Tax Description Lots 167, 168, 176, and 177Royal Oaks Estates Unit 11
Legal Description Lots 167, 168, 176, and 177Royal Oaks Estates Unit 11

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2022
Number of units 4
Flooring type Vinyl
Building materials Wood Siding, HardiPlank Type
Roof type Metal, Composition
Listing Agency: RE/MAX of Marble Falls · RE/MAX International
Listed By: Dana Yarter · License #0453256
Added: Jun 7 Changed: Aug 19 Last Checked: Sep 7 at 8:06AM
MLS# 178274

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey rental portfolio includes three duplexes built in 2022 and one single-family residence fully renovated in 2022, currently 100% occupied. Each duplex features two 2-bedroom, 1.5-bath units with private backyards, ample parking, luxury vinyl plank flooring, quartz countertops, and durable Hardie siding. The included single-family home offers 2 bedrooms and 2 bathrooms, adding flexibility to the overall rental mix.

Servicing is provided by KMUD sewer, Kingsland Water, CTEC electric, and Vyve high-speed internet. The property is located in the Llano Independent School District.

The duplexes are reported to provide approximately 2,000 square feet each, and the single-family home is just under 2,000 square feet. Current duplex rents are stated to range from $1,300 to $1,400 per month, and the remarks note a 1.23% tax rate.

Key Highlights

  • Portfolio includes three duplexes and one single‑family residence, all built or renovated in 2022
  • Each duplex has 2 units with 2 bedrooms and 1.5 baths, plus private backyards and ample parking
  • Duplexes feature luxury vinyl plank flooring, quartz countertops, electric range, dishwasher, and central air

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Dental Office Carpet & Flooring Store Nail Salon Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 78639, TX

8,365
Population
5,359
Households
1.6
Avg Household Size
51
Median Age
27%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
191
Density / Sq Mi
$57,034
Median Household Income
$31,347
Median Earnings
$964
Median Rent
$249,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Turnkey portfolio with three 2022 duplexes and a renovated single-family home, currently fully occupied in Kingsland, TX.
Where is this duplex located?
The property is located at 1220 Nora Lane Kingsland, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Portfolio includes three duplexes and one single‑family residence, all built or renovated in 2022; Each duplex has 2 units with 2 bedrooms and 1.5 baths, plus private backyards and ample parking; Duplexes feature luxury vinyl plank flooring, quartz countertops, electric range, dishwasher, and central air
More about this property
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