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For sale
    • $2,800,000

    516 Lake St., Kingsland, TX 78639

    5beds
    4,028sqft
    : 
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    Single Family Residence, Residential
    Built in 2025
    6,534 Square Feet Lot
    $2,626,100 Zestimate®
    $695/sqft
    $-- HOA

    What's special

    Gated waterfront enclavePrivate boat dockPrivate boat rampPrivate poolCovered outdoor livingWaterfall islandWet bar
    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.
    72 days
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    64
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shirl A Thornton Cell:830-385-6200,

    RE/MAX HORSESHOE BAY RESORT SA,

    Gretchen Adam 979-255-2999,

    RE/MAX HORSESHOE BAY RESORT SA

    Source: HLMLS as distributed by MLS GRID,MLS#: 177816MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Great Room, Kitchen, Laundry, Living Room, Storage Room, Utility Room Inside
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Disposal, Ice Maker, Microwave, Refrigerator, Washer, Washer Hookup, Electric Water Heater, Water Softener
      Features
      • Sound System, Pantry, Recessed Lighting, Quartz Countertops
      • Flooring: Hard Tile, Vinyl
      • Number of fireplaces: 1
      • Fireplace features: One
      Interior area
      • Total structure area: 4,028
      • Total interior livable area: 4,028 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Attached Garage, Front Entry
      • Attached garage spaces: 2
      Features
      • Stories: 3
      • Patio & porch: Covered, Patio
      • Exterior features: Balcony
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Private
      • Fencing: None
      • Has view: Yes
      • View description: Hill Country, Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Channel, Lake LBJ
      • Frontage length: 40
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 40 x 167 x 40 x 163
      • Features: Landscaped
      Details
      • Parcel number: 077696
      • Zoning: RES

      Construction

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

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: The Drace
      HOA
      • Amenities included: Other
      • Services included: Management
      Location
      • Region: Kingsland

      Financial & listing details

      • Price per square foot: $695/sqft
      • Date on market: 5/6/2026
      • Road surface type: Paved

        Estimated market value

        $2,626,100

        $2.49M - $2.76M

        $4,492/mo

        Price history

        DateEventPrice
        5/6/2026Listed for sale$2,800,000$695/sqft
        Source: HLMLS as distributed by MLS GRID #177816 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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

        24 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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