Ad #7678795
MLS #177816
Located within The Drace, Kingsland's premier gated waterfront
516 Lake St., Kingsland, TX 78639
$2,800,000
5Beds
6Baths
4,028Sqft
0.15Acres
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
0.15 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 Aug 12, 2026
Photo Gallery
$2,800,000
5
Beds
6
Baths
4,028
Sqft
516 Lake St., Kingsland, TX 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, TX 78639
5
Beds
6
Baths
4,028
Sqft
0.15
Acres
$2,800,000
516 Lake St., Kingsland, TX 78639
5 Beds
6 Baths
4,028 Sqft
0.15 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
0.15 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
Mortgage Calculator
Ad Statistics
Ad Number
7678795
Viewed
38 times
Listing Status
Active
Added
May 06, 2026
Last Refreshed
Aug 12, 2026 03:53:38 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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