BEDS5
BATHS4 full 1 partial
SQUARE FEET3,275
MLS#5022839
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONDrace
SCHOOLLlano ISD
Property Description
Dreaming of owning a luxury waterfront home on Lake LBJ but wonder if you would use it enough to justify the investment? This 33% fractional ownership opportunity offers the perfect solution?enjoy all the benefits of lakefront living at a fraction of the cost. Welcome to 508 Lake Street, located in The Drace, a premier gated community on the shores of Lake LBJ. Completed in 2025 by Goliath Luxury Homes, this exceptional waterfront residence combines timeless design, quality craftsmanship, and resort-style amenities. Offering 5 bedrooms and 4 1/2 bathrooms, the thoughtfully designed floor plan provides ample space for family and guests. Every detail has been carefully considered, from the designer finishes and premium materials to the functional layout. A three-story elevator provides effortless access to every level. Designed with entertaining in mind, the outdoor living spaces are second to none. Enjoy a heated and cooled pool, gas fire pit, expansive outdoor gathering areas, a game room, and a fully equipped outdoor kitchen. When it's time to hit the water, simply walk down the steps to your private boat lift and be cruising Lake LBJ within minutes. Built to the highest standards, this home features advanced energy-efficient construction and exceptional structural integrity for lasting peace of mind. Experience the best of Lake LBJ ownership through this rare fractional ownership opportunity?luxury, convenience, and waterfront living without the full-time commitment. Bring your friends and come by the lake house you have been dreaming of! Home being sold fully furnished.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Heat Pump
Garage: 2
Heating: Central, Electric, Heat Pump
Lot Size: 0.15 Acres
Roof Type: Metal
Stories: 3.0
Taxes: $19,857
Year Built: 2025
Amenities
Built-in Features
Breakfast Bar
Ceiling Fan(s)
Chandelier
Double Vanity
High Ceilings
Kitchen Island
Walk-In Closet(s)
Balcony
Barbecue
Gas Grill
Feature Descriptions
Accessibility: Accessible Elevator Installed
Appliances: Built-In Oven(s), Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Washer/Dryer, Gas Water Heater, WaterSoftener, Wine Refrigerator
Area #: LL
Body of Water: Lake LBJ
Community Features: Gated, Lake
Days on Site: 4
Exterior: HardiPlank Type, Spray Foam Insulation, Board & Batt
Fencimg: Partial
Flood Plain: See Remarks
Flooring: Tile, Wood
HOA Fee: $100/ Monthly
Lot: Cleared, Views
Parcel#: 0508
Parking: Garage, Garage Door Opener
Parking Notes: Garage, Garage Door Opener
Patio/Porch: Covered, Deck, Patio
Pool: Heated, In Ground, Pool/Spa Combo
Restrictions: Deed Restrictions
Security: Smoke Detector(s)
Sewer: Public Sewer
Special View Info: Water
Swimming Pool: Yes
Utilities: Electricity Connected, Propane, Sewer Connected, Underground Utilities, Water Connected
Water: Public
Water Features: Waterfront
Window: Window Coverings
Local Schools
High School: Llano
Middle School: Llano
Elementary School: Packsaddle
School District: Llano ISD
Listed By / Shown By
Listed By
Agency Name: Cook Residential RE
Agency Contact: (512) 656-2964
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimate Your Payment
Estimated Payment
$ 3,920.26 per month $2,003.01 Principal & Interest $1,654.75 Property Tax $262.50 Homeowner's Insurance
508 Lake Street St | MLS# 5022839
This single family home located at 508 Lake Street St, Kingsland, TX 78639 is currently listed for sale with an asking price of $900,000. This property was built in 2025 and has 5 bedrooms and 4 full and 1 partial baths with 3275 sq. ft. Lake Street St is located in the Drace subdivision within the Llano ISD school district. Search Drace real estate on www.rmcapitalcity.com today.