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For sale
  • $900,000

    508 Lake Street, Kingsland, TX 78639

    5beds
    3,275sqft
    : 
    $6,117/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2025
    6,098 Square Feet Lot
    $-- Zestimate®
    $275/sqft
    $100/mo HOA

    What's special

    Private boat liftThree-story elevatorDesigner finishesHeated and chilled poolQuality craftsmanshipFully equipped outdoor kitchenExpansive outdoor gathering areas
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Stacy E Alexander 512-567-5653,

    Cook Residential RE

    Source: HLMLS as distributed by MLS GRID,MLS#: 178918MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Dining Room, Foyer, Game Room, Kitchen, Laundry, Living Room, Storage Room, Utility Room Inside, Main Level Master Bdrm
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Microwave, Gas Range, Refrigerator, Washer, Washer Hookup, Gas Water Heater, Cooktop, Water Softener
      Features
      • Pantry, Recessed Lighting, Quartz Countertops
      • Flooring: Ceramic Floor, Hardwood
      • Attic: Improved Attic
      • Has fireplace: Yes
      • Fireplace features: Other
      Interior area
      • Total structure area: 3,275
      • Total interior livable area: 3,275 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Attached Garage, Front Entry
      • Attached garage spaces: 2
      Features
      • Stories: 3
      • Patio & porch: Covered, Patio
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Private
      • Fencing: Partial
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Channel, Lake LBJ
      • Frontage length: 40
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 40 x 159
      Details
      • Parcel number: 077694

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Steel Frame, Wood Siding, HardiPlank Type
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 2025

      Utilities & green energy

      Green energy
      • Energy efficient items: Ceiling Fan(s), Heat Pump

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: The Drace
      HOA
      • Has HOA: Yes
      • Amenities included: Marina
      • Services included: Road Maintenance
      • HOA fee: $100 monthly
      Location
      • Region: Kingsland

      Financial & listing details

      • Price per square foot: $275/sqft
      • Date on market: 7/31/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/31/2026Listed for sale$900,000-62.9%$275/sqft
        Source: HLMLS as distributed by MLS GRID #178918 Report a problem
        4/29/2026Listing removed$2,425,000$740/sqft
        Source: LERA MLS #1881817 Report a problem
        4/2/2026Price change$2,425,000-0.4%$740/sqft
        Source: LERA MLS #1881817 Report a problem
        10/15/2025Price change$2,435,000-0.2%$744/sqft
        Source: HLMLS as distributed by MLS GRID #174043 Report a problem
        7/1/2025Listed for sale$2,440,000$745/sqft
        Source: HLMLS as distributed by MLS GRID #174043 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 78639

        Getting around

        22 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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