516 Lake St Kingsland, TX 78639

5 Beds
5 full, 1 half Baths
4,028 Sqft
6,577 Sqft lot
0.15 Acre lot
 Print
$2,800,000 Est. $10,310 / mo.*
Details Directions
 Print
Status: New
Property Type: Single Family Detached
Year Built: 2025
Neighborhood: Out/llano County
Days on Website: 3

Courtesy of RE/MAX Horseshoe Bay Resort Sales Co., Shirl Thornton {attribution_contact}

Description

Located within The Drace, Kingsland's premier gated waterfront enclave, the new construction residence at 516 Lake St. offers a balance of modern lake living and flexible, guest-friendly spaces. Positioned in one of Lake LBJ's most desirable vacation destinations, the property presents strong investment potential, with projected rental income exceeding $100K annually based on comparable nearby homes of similar size and amenities. Spanning 4,028 sq. ft. with five bedrooms and 5.5 baths, the home is well-suited as both a private retreat and income-producing property with a private pool, covered outdoor living, multiple decks and balconies, and a private boat dock to enjoy. The open-concept main level features a spacious living, dining, and kitchen area anchored by a waterfall island, along with a wet bar just off the main living space for easy entertaining. Two guest suites on this level offer flexibility for multi-family stays or guests who prefer main-level access, while upstairs, the primary suite offers a private retreat with its own balcony. An additional lounge area with built-in bunk beds expands sleeping capacity without sacrificing comfort. An elevator provides convenient access between levels, while the garage is equipped for electric vehicle charging-adding everyday ease for owners and guests alike. The Drace's private boat ramp and overflow/trailer parking enhance both convenience and rental appeal, making this property a strong opportunity for those seeking a luxury waterfront home on Lake LBJ.

Open House

Property Details and Features

  • Laundry Room
  • One Living Area
  • Liv/Din Combo
  • Island Kitchen
  • Walk-In Pantry
  • Utility Room Inside
  • High Ceilings
  • Open Floor Plan
  • Laundry Main Level
  • Walk in Closets
  • Listing date: 2026-05-11 05:00:00
  • 3 cumulative days on market
  • 3 days on market
  • Price per square foot: $695
  • 5 bedrooms
  • 6 total bathrooms
  • 5 full bathrooms
  • 1 half bathroom
  • Tub/Shower Separate
  • Separate Vanity
  • County: Llano
  • Area: 3100
  • Subdivision: OUT/LLANO COUNTY
  • Built in 2025
  • Approximate age: 1 year
  • Construction: New
  • Builder: Km Custom Homes
  • 4,028 square feet
  • South
  • 3 or More
  • Texas Hill Country
  • Covered Patio
  • Deck/Balcony
  • Sprinkler System
  • Has Gutters
  • Outdoor Kitchen
  • Boat House
  • Dock
  • Water Front Improved
  • Other - See Remarks
  • Stone/Rock
  • Wood
  • All Remain
  • Metal
  • Ceramic Tile
  • Vinyl
  • Slab
  • One
  • Living Room
  • 1 fireplace
  • Lot size: 0.151
  • Lot dimensions: 40 X 167 X 40 X 163
  • Lakefront
  • Street Paved
  • Controlled Access
  • Waterfront Access
  • Boat Ramp
  • Boat Dock
  • Other - See Remarks
  • Kitchen length: 10 feet
  • Kitchen width: 15 feet
  • Living room length: 18 feet
  • Living room width: 26 feet
  • Dining room length: 10 feet
  • Dining room width: 9 feet
  • Upstairs
  • Outside Access
  • Walk-In Closet
  • Ceiling Fan
  • Full Bath
  • Master bedroom length: 19 feet
  • Master bedroom width: 15 feet
  • Bedroom 2 length: 14 feet
  • Bedroom 2 width: 11 feet
  • Bedroom 3 length: 14 feet
  • Bedroom 3 width: 11 feet
  • Bedroom 4 length: 11 feet
  • Bedroom 4 width: 10 feet
  • Bedroom 5 length: 13 feet
  • Bedroom 5 width: 12 feet
  • Utility room length: 10 feet
  • Entry room width: 12 feet
  • Utility room width: 8 feet
  • Entry room length: 13 feet
  • Two Car Garage
  • Attached
  • In Ground Pool
  • HOA name: THE DRACE RESIDENTIAL COMMUNITY INC.
  • HOA fee 1: $100
  • HOA payment frequency: Monthly
  • School district: Llano I.s.d.
  • Elementary school: Llano
  • Middle school: Llano
  • High school: Llano
  • Electric
  • Central
  • 3+ Units
  • Three+ Central
  • Other
  • Tax year: 2025
  • Total tax amount: $1,600
  • Ceiling Fans
  • Washer Connection
  • Dryer Connection
  • Washer
  • Dryer
  • Refrigerator
  • Disposal
  • Wet Bar
  • Smoke Alarm
  • M.U.D.
  • Under Construction
  • Cluster Mail Box
$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland
Virtual Tour

Location

$2,800,000 - 516 Lake St, Kingsland, TX 78639
516 Lake St Kingsland, TX 78639
County: Llano

Street View

Nearby Schools