516 Lake St, Kingsland, TX 78639
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: shirl thornton
Office: re/max horseshoe bay resort sales co.
MLS#:1965612
Source:LERA
Price summary
- Price:$2,800,000
- Price per sq. ft.:$695.13
- Monthly HOA dues:$100
About this home
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....
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Home facts
- Year built:2025
- Listing ID #:1965612
- Added:50 day(s) ago
- Updated:June 30, 2026 at 02:14 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:6
- Full bathrooms:5
- Half bathrooms:1
- Flooring:Ceramic Tile, Vinyl
- Dining Description:Living Room/Dining Room Combo
- Bathrooms Description:Separate Vanity, Tub/Shower Separate
- Kitchen Description:Disposal, Island Kitchen, Refrigerator, Walk-In Pantry, Wet Bar
- Bedroom Description:Ceiling Fan, Full Bath, Master Bedroom Upstairs, Outside Access, Walk-In Closet, Walk-In Closets
- Living area:4,028 sq. ft.
Heating and cooling
- Cooling:Three+ Central
- Heating:3+ Units, Central, Electric
Structure and exterior
- Roof:Metal
- Year built:2025
- Building area:4,028 sq. ft.
- Lot area:0.15 Acres
- Architectural Style:3 or More, Texas Hill Country
- Construction Materials:Stone/Rock, Wood
- Exterior Features:Boat House, Covered Patio, Deck/Balcony, Dock, Has Gutters, Outdoor Kitchen, Sprinkler System, Water Front Improved
- Foundation Description:Slab
- Levels:3+ Story
Schools
- High school:Llano
- Middle school:Llano
- Elementary school:Llano
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$695.13
- Tax amount:$1,600 (2025)
Features and amenities
- Laundry features:Dryer, Dryer Connection, Laundry Main Level, Laundry Room, Washer, Washer Connection
- Amenities:Boat Dock, Boat Ramp, Ceiling Fans, Controlled Access, Smoke Alarm, Utility Room Inside
- Pool features:In Ground Pool, Pool
Parking
- Parking description:Attached Garage, Two Car Garage
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