508 Lake Street St, Kingsland, TX 78639
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: stacy alexander
Office: cook residential re
MLS#:5022839
Source:ACTRIS
Price summary
- Price:$900,000
- Price per sq. ft.:$274.81
- Monthly HOA dues:$100
About this home
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 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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Home facts
- Year built:2025
- Subdivision & Development:Drace
- Listing ID #:5022839
- Updated:September 25, 2026 at 03:16 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Flooring:Tile, Wood
- Kitchen Description:Built-In Oven(s), Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Refrigerator, Wine Refrigerator
- Living area:3,275 sq. ft.
Heating and cooling
- Cooling:Central, Electric
- Heating:Central, Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2025
- Building area:3,275 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Cleared
- Construction Materials:Board & Batten Siding, HardiPlank Type, Spray Foam Insulation
- Exterior Features:Balcony, Barbecue, Gas Grill
- Foundation Description:Slab
Schools
- High school:Llano
- Elementary school:Packsaddle
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$900,000
- Price per sq. ft.:$274.81
- Tax amount:$19,858 (2025)
Features and amenities
- Appliances:Built-In Oven(s), Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Refrigerator, Washer/Dryer, Water Heater, Water Softener, Wine Refrigerator
- Laundry features:Washer/Dryer
- Amenities:Chandelier
Parking
- Total parking spaces:4
- Parking description:Garage, Garage Door Opener
- Garage:Yes
- Garage spaces:2
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