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!
Kingsland is located in Texas. Kingsland, Texas has a population of 6,917. Kingsland is more family-centric than the surrounding county with 16.15% of the households containing married families with children. The county average for households married with children is 13.94%.
The median household income in Kingsland, Texas is $51,270. The median household income for the surrounding county is $62,839 compared to the national median of $69,021. The median age of people living in Kingsland is 53.1 years.
The average high temperature in July is 95.1 degrees, with an average low temperature in January of 34.6 degrees. The average rainfall is approximately 30.1 inches per year, with 0.1 inches of snow per year.
