Water Views - Primary on Main - Eco Friendly
Address
508 Lake Street, Kingsland, TX
Price
$ 900,000
Property Attributes
- MLS#178918
- TypeSingle Family
- Listing Status Active
- CountyLLANO
- CityKingsland
- NeighborhoodThe Drace
- Zip78639
- Style
- Year Built2025
- Price$ 900,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage3275
- Lot Size0.14 Acres
Data Source:
Highland Lakes MLS (HLAOR)
Property Description
FRACTIONAL OWNERSHIP. 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 chilled 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.
| Price History | |
|---|---|
| 7/31/2026 | Listed $900,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Possession | Closing/Funding |
| Roof | Metal |
| Appliances | Microwave,Gas Range,Refrigerator,Washer,Washer Hookup,Gas Water Heater,Cooktop,Water Softener |
| HOA Fee | 100 |
| Association Fee Includes | Road Maintenance |
| Pool Features | Gunite,Heated,In Ground,Private |
| Construction Materials | Steel Frame,Wood Siding,HardiPlank Type |
| Year Built | 2025 |
| View | Lake |
| Property Subtype | Single Family Residence |
| Waterfront Features | Channel |
| Assoc Fee Paid Per | Monthly |
| County | Llano |
| Property Type | Residential |
| Association Amenities | Marina,Water |
| HOA | Yes |
| Energy Efficient | Ceiling Fan(s),Heat Pump,Windows |
| Subdivision Name | The Drace |
| Full Baths | 4 |
| Status | Active |
| Directions | Take FM 1431 to Kingsland then turn into The Drace subdivision. Take a left and follow Lake Street by turning right and then right and the home will be the first one on the right. |
| City | Kingsland |
| High School District | Llano |
| Lot Size Square Feet | 6360 |
| Standard Status | Active |
Interior Features
| Interior Amenities | Elevator,Improved Attic,Pantry,Recessed Lighting,Walk-In Closet(s),Quartz Countertops |
|---|---|
| Flooring | Ceramic Floor,Hardwood,Stone |
| Fireplace Features | Other |
| Total Stories | 3 |
| Half Baths | 1 |
| Total Bedrooms | 5 |
| LivingAreaSource | County Records |
Exterior Features
| Fencing | Partial |
|---|---|
| Water Source | Public |
| Foundation Details | Slab |
| Lot Dimensions | 40x159 |
| Lot Size Acres | 0.14 |
| Lot Size Source | County Records |
| Road Frontage Type | Paved Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 78639
Price
Year Built
Visits
In The Neighborhood
Reduced
Kingsland
$ 3,475,000
525 Lake Street
Kingsland, TX 78639
- Type
- Single Family
- Size
- 5,021 SqFt
- Rooms
- 6 Beds + 6.5 Baths
Reduced
Kingsland
$ 3,695,000
613 Lake St
Kingsland, TX 78639
- Type
- Single Family
- Size
- 4,472 SqFt
- Rooms
- 5 Beds + 6.5 Baths
Reduced
Kingsland
$ 3,695,000
613 Lake Street
Kingsland, TX 78639
- Type
- Single Family
- Size
- 4,472 SqFt
- Rooms
- 5 Beds + 6.5 Baths
Austin Board of REALTORS® Copyright ©2026 All rights reserved.
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
Highland Lakes Association of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
