Jeanne Conger

Rainmaker Realty

info@rainmakerrealty.com

Phone: 210-742-1800

Phone:

17503 La Cantera Pkwy, ste 104503, San Antonio, Texas 78257

Fax:

MLS# 1965612 – 516 Lake St, Kingsland, TX 78639

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

Price: $2,800,000

Beds: 5

Baths: 5 full, 1 half

Living Area SqFt: 4,028

Status: New

Property Type: Single Family Detached

Lot Size Acres: 0.15

Lot Size SqFt: 6,577

Year Built: 2025

Neighborhood: Out/llano County

Days on Website: 3

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

Property 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.

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

$2,800,000 - 5Br/6Ba - for Sale in Out/llano County, Kingsland

Property Details and Features

Listing
Listing date: 2026-05-11 05:00:00
3 cumulative days on market
3 days on market
Price per square foot: $695

Bedrooms
5 bedrooms

Bathrooms
6 total bathrooms
5 full bathrooms
1 half bathroom
Tub/Shower Separate
Separate Vanity

Location
County: Llano
Area: 3100
Subdivision: OUT/LLANO COUNTY

Building
Built in 2025
Approximate age: 1 year
Construction: New
Builder: Km Custom Homes
4,028 square feet
South
3 or More
Texas Hill Country

Exterior Features
Covered Patio
Deck/Balcony
Sprinkler System
Has Gutters
Outdoor Kitchen
Boat House
Dock
Water Front Improved
Other – See Remarks
Stone/Rock
Wood

Interior Features
One Living Area
Liv/Din Combo
Island Kitchen
Walk-In Pantry
Utility Room Inside
High Ceilings
Open Floor Plan
Laundry Main Level
Laundry Room
Walk in Closets

Windows & Doors
All Remain

Roof
Metal

Floors
Ceramic Tile
Vinyl

Foundation
Slab

Fireplaces
One
Living Room
1 fireplace

Lot
Lot size: 0.151
Lot dimensions: 40 X 167 X 40 X 163
Lakefront
Street Paved

Amenities
Controlled Access
Waterfront Access
Boat Ramp
Boat Dock
Other – See Remarks

Kitchen
Kitchen length: 10 feet
Kitchen width: 15 feet

Living Room
Living room length: 18 feet
Living room width: 26 feet

Dining Room
Dining room length: 10 feet
Dining room width: 9 feet

Primary Bedroom
Upstairs
Outside Access
Walk-In Closet
Ceiling Fan
Full Bath
Master bedroom length: 19 feet
Master bedroom width: 15 feet

Second Bedroom
Bedroom 2 length: 14 feet
Bedroom 2 width: 11 feet

Third Bedroom
Bedroom 3 length: 14 feet
Bedroom 3 width: 11 feet

Fourth Bedroom
Bedroom 4 length: 11 feet
Bedroom 4 width: 10 feet

Fifth Bedroom
Bedroom 5 length: 13 feet
Bedroom 5 width: 12 feet

Additional Rooms
Utility room length: 10 feet
Entry room width: 12 feet
Utility room width: 8 feet
Entry room length: 13 feet

Parking
Two Car Garage
Attached

Pool
In Ground Pool

Home Owner’s Association
HOA name: THE DRACE RESIDENTIAL COMMUNITY INC.
HOA fee 1: $100
HOA payment frequency: Monthly

Schools
School district: Llano I.s.d.
Elementary school: Llano
Middle school: Llano
High school: Llano

Heating
Electric
Central
3+ Units

Cooling
Three+ Central

Utilities
Other

Taxes
Tax year: 2025
Total tax amount: $1,600

Miscellaneous
Ceiling Fans
Washer Connection
Dryer Connection
Washer
Dryer
Refrigerator
Disposal
Wet Bar
Smoke Alarm
M.U.D.
Under Construction
Cluster Mail Box

Property Map

$2,800,000 – 516 Lake St, Kingsland, TX 78639

Street View

Nearby Schools

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Listing Information © 2026 LERA MLS. All Rights Reserved.