508 Lake Street St,Kingsland, TX 78639
Kingsland, TX 78639
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 solutionenjoy 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 opportunityluxury, 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.
Details
| MLS # | 5022839 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $100 |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2025 |
| Days On Site | 30 |
| Listing Provided By | Cook Residential RE | Stacy Alexander |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,275 |
| Garage | 2 |
| Pool | Yes |
| Acreage | 0.15 |
| Water Front | Yes |
| Property View | Water |
Interior
| Interior Features | Built-in Features, Breakfast Bar, Ceiling Fan(s), Chandelier, Double Vanity, Ceiling-High, Kitchen Island, Walk-In Closet(s) |
|---|---|
| Cooling | Central Air, Heat Pump |
| Heating | Central, Electric, Heat Pump |
| Appliances | Built-In Oven(s), Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Washer/Dryer, Water Heater, Water Softener, Wine Refrigerator |
| Fireplaces Total | 0 |
| Window Features | Window Coverings |
| Flooring | Tile, Wood |
Exterior
| Exterior Features | Balcony, Barbecue, Gas Grill |
|---|---|
| Roof | Metal |
| Foundation Details | Slab |
| Lot Features | Cleared, Views |
| Patio And Porch Features | Covered, Deck, Patio |
| Fencing | Partial |
| Construction Materials | Hardi Plank Type, Spray Foam Insulation, Board & Batten Siding |
| Security Features | Smoke Detector(s) |
Parking
| Parking Features | Garage, Garage Door Opener |
|---|---|
| Garage Spaces | 2 |
Utilities
| Utilities | Electricity Connected, Propane, Sewer Connected, Underground Utilities, Water Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 19857 |
|---|
Area Information
| State | TX |
|---|---|
| County | Llano |
| City | Kingsland |
| Zip Code | 78639 |
| Area | LL |
| Community Name | Drace |
| School District | Llano ISD |
| Elementary School | Packsaddle |
| High School | Llano |
| Listing VS Median (in Drace) | |
Price: $900,000 low | high Med: $900,000 sqft: 3,275 low | high Med: 3,275 $ / sqft: $275 low | high Med: $275 On site: 30 low | high Med: 30 | |
Market Activity 78639
Request a showing
Request a showing
Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 30, 2026 at 1:26:42 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Llano |
| City | Kingsland |
| Zip Code | 78639 |
| Area | LL |
| Community Name | Drace |
| School District | Llano ISD |
| Elementary School | Packsaddle |
| High School | Llano |
| Listing VS Median (in Drace) | |
Price: $900,000 low | high Med: $900,000 sqft: 3,275 low | high Med: 3,275 $ / sqft: $275 low | high Med: $275 On site: 30 low | high Med: 30 | |
.jpg){kind=logo}
Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
