Ad #7678795
MLS #177816
Located within The Drace, Kingsland's premier gated waterfront
516 Lake St., Kingsland, Texas, 78639
$2,800,000
5Beds
6Baths
4,028Sqft
0.150Acres
About this property
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.
Property Features
5 Beds
6 Baths
4,028 Sqft
Built in 2025
0.150 Acres
3 Stories
Siding: Wood Siding, Stone
Metal Roof
Has Fireplace
Central
Llano County
The Drace Community
Additional Photos
Contact Information
Shirl Thornton
RE/MAX HORSESHOE BAY Resort Sales Co.
830-385-6200
Location
Listing Agent: Shirl Thornton 830-385-6200
Broker: RE/MAX HORSESHOE BAY Resort Sales Co. 800-486-8727 Listing Site
Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RE/MAX HORSESHOE BAY Resort Sales Co. 800-486-8727 Listing Site
Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jun 16, 2026
Photo Gallery
$2,800,000
5
Beds
6
Baths
4,028
Sqft
516 Lake St., Kingsland, Texas, 78639
By contacting this agent you agree to these Terms and Conditions.
MLS# 177816
Located within The Drace, Kingsland's premier gated waterfront
$2,800,000
516 Lake St., Kingsland, Texas, 78639
5
Beds
6
Baths
4,028
Sqft
0.150
Acres
$2,800,000
516 Lake St., Kingsland, Texas, 78639
5 Beds
6 Baths
4,028 Sqft
0.150 Acres
Accessibility Features
Accessible Elevator Installed
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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Property Details
HOME DETAILS
5 Beds
6 Baths
4,028 Sqft
Built in 2025
0.150 Acres
3 Stories
EXTERIOR
Siding: Wood Siding, Stone
Metal Roof
INTERIOR
Has Fireplace
Central
FINANCIAL & COMMUNITY
Llano County
The Drace Community
See More Details
Location
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Ad Statistics
Ad Number
7678795
Viewed
4 times
Listing Status
Active
Added
May 06, 2026
Last Refresh
Jun 16, 2026 06:04:56 AM
Listing Information
Data Source
Highland Lakes Association of Realtors MLS
Source Property ID
177816
Listing Agent: Shirl Thornton 830-385-6200
Broker: RE/MAX HORSESHOE BAY Resort Sales Co. 800-486-8727 Listing Site
Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RE/MAX HORSESHOE BAY Resort Sales Co. 800-486-8727 Listing Site
Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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