Description
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.
Details
| MLS # | 1965612 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 2025 |
| Days On Site | 108 |
| Listing Provided By | RE/MAX Horseshoe Bay Resort Sales Co. | Shirl Thornton |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,028 |
| Garage | 2 |
| Pool | Yes |
| Story(s) | 3 |
| Acreage | 0.15 |
Interior
| Interior | One Living Area, Liv/Din Combo, Island Kitchen, Walk-In Pantry, Utility Room Inside, High Ceilings, Open Floor Plan, Laundry Main Level, Laundry Room, Walk in Closets |
|---|---|
| Heating | Central, 3+ Units |
| Heating Fuel | Electric |
| Fireplace | One, Living Room |
| Number Of Fireplaces | 1 |
Exterior
| Exterior | Stone/Rock, Wood |
|---|---|
| Exterior Features | Covered Patio, Deck/Balcony, Sprinkler System, Has Gutters, Outdoor Kitchen, Boat House, Dock, Water Front Improved, Other - See Remarks |
| Roof | Metal |
| Foundation | Slab |
Parking
| Garage Parking | Two Car Garage, Attached |
|---|
Utilities
| Waterorsewer | Other |
|---|
Taxes
| Tax Property Id | 1430000000290 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 1600 |
Area Information
| State | TX |
|---|---|
| County | Llano |
| City | Kingsland |
| Zip Code | 78639 |
| Area | Llano |
| Community Name | OUT/LLANO COUNTY |
| School District | Llano I.S.D. |
| Elementary School | Llano |
| High School | Llano |
| Listing VS Median (in OUT/LLANO COUNTY) | |
Price: $2,800,000 low | high Med: $2,247,500 sqft: 4,028 low | high Med: 3,690 $ / sqft: $695 low | high Med: $600 On site: 108 low | high Med: 113 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Llano |
| City | Kingsland |
| Zip Code | 78639 |
| Area | Llano |
| Community Name | OUT/LLANO COUNTY |
| School District | Llano I.S.D. |
| Elementary School | Llano |
| High School | Llano |
| Listing VS Median (in OUT/LLANO COUNTY) | |
Price: $2,800,000 low | high Med: $2,247,500 sqft: 4,028 low | high Med: 3,690 $ / sqft: $695 low | high Med: $600 On site: 108 low | high Med: 113 | |
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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
