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508 Lake Street Street

Kingsland, TX 78639
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Bed 5

Bed

Bath 5

Bath

SqFt3,275

Sqft

Acres0.15

Acre(Lot)

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 e ffortless 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.

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Detail Ic Property Details

Property Type : Residential

Price : $900,000

AD Id : 88879696

MLS Id : 5022839

Beds : 5

Lot Size : 0.15 Acre

Living Area Size : 3,275

Year Built : 2025

Garage : 2

County : Llano

Subdivision: Limetree

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 5 Full Baths: 4 Half Baths: 1

    Roofing Information

    Metal

    Flooring Information

    Tile, Wood
  • Interior Features

    BreakfastBar, BuiltInFeatures, CeilingFans, Chandelier, DoubleVanity, HighCeilings, KitchenIsland, WalkInClosets
    Roof: Metal
    Appliances: BuiltInOven, BuiltInRefrigerator, Cooktop, DoubleOven, Dryer, Dishwasher, GasCooktop, Disposal, GasWaterHeater, Microwave, Refrigerator, WaterSoftener, WineRefrigerator, Washer
    Laundry Features: MainLevel, LaundryRoom, UpperLevel
  • Heating & Cooling

    Heating: Central, Electric, HeatPump Has Cooling: Yes Water front: 1

  • Building Information

    Year Built: 2025
    Construction Materials: BoardAndBattenSiding, HardiplankType, SprayFoamInsulation
    Pool Features: Heated, InGround, PoolSpaCombo
    Private Pool: Yes
    Water front Features: Waterfront
    View: Water
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony, Barbecue, GasGrill

  • Lot Information

    Main Square Feet: 0.146 Lot Size Acres: 0.146 Lot Description: Cleared,Views

    Property Information

    Subdivision: Drace Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: South Levels: ThreeOrMore Property Age: 1

  • Listing Price Information

    Listing Price: $900000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0508 Tax Lot: 27 Tax Block: 0 Tax Year: 2025 Annual Tax: $19857.71 Tax Legal Desc: THE DRACE LT 27 0.146 AC

  • Parking Information

    Garage, GarageDoorOpener

    Garage Information

    Garage Space: 2

    Homeowners Association Information

    Has Association: Yes
    Included Fees: SeeRemarks
    HOA: $100.00
    Community Features: Gated, Lake

  • School Information

    Elementary School: Packsaddle Junior High School: Llano Senior High School: Llano
  • Utility Information

    ElectricityConnected, Propane, SewerConnected, UndergroundUtilities, WaterConnected
  • Location Information

    Direction: Take FM 1431 to Kingsland then turn into The Drace subdivision. Take a left and follow Lake Street by turning ri WaterSource: Public, MunicipalUtilityDistrict
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
204 N Waterway Dr, Kingsland, TX, 78639 $1,099,900 3 3 2,096 2,096 SqFt
330 Juniper Trail, Kingsland, TX, 78639 $850,000 3 3 2,821 2,821 SqFt
2546 Williams Lakeshore, Kingsland, TX, 78639 $1,250,000 2 2 1,344 1,344 SqFt
2632 Williams Lakeshore, Kingsland, TX, 78639 $1,299,000 4 5 3,198 3,198 SqFt
2632 Williams Lakeshore, Kingsland, TX, 78639 $1,299,000 4 5 3,198 3,198 SqFt
2632 Williams Lakeshore.., Kingsland, TX, 78639 $1,299,000 3 5 3,198 3,198 SqFt
1713 Aztec Trail, Kingsland, TX, 78639 $1,100,000 3 2 2,056 2,056 SqFt
2238 Williams Lakeshore, Kingsland, TX, 78639 $2,000,000 3 2 2,916 2,916 SqFt
2228 Williams Lakeshore, Kingsland, TX, 78639 $1,750,000 3 3 2,411 2,411 SqFt
3900 N Apache Circle, Kingsland, TX, 78639 $1,100,000 4 3 2,655 2,655 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/06/2026 @ 13:01

MLS: 5022839 LISTED BY: Stacy Alexander, Cook Residential RE 512-656-2964 SOURCE: ACTRIS

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