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Craig Taylor ABR, MRP

craigtaylorrealty@gmail.com +1(210) 777-8733

$ 2,800,000

Est. payment | -/mo

5 Beds

6 Baths

4,028 SqFt

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$ 2,800,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

6 Baths

4,028 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Residential

Listing Status Active

Purchase Type For Sale

Square Footage 4,028 sqft

Price per Sqft $695

Subdivision Out/Llano County

MLS Listing ID 1965612

Style 3 or More,Texas Hill Country

Bedrooms 5

Full Baths 5

Half Baths 1

Construction Status New

HOA Fees $100/mo

HOA Y/N Yes

Year Built 2025

Annual Tax Amount $1,600

Tax Year 2025

Lot Size 6,577 Sqft

Lot Dimensions 40 X 167 X 40 X 163

Property Sub-Type Single Residential

Property 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.

Location

State TX

County Llano

Area 3100

Rooms

Master Bathroom 3rd Level 20X13 Tub/Shower Separate, Separate Vanity

Master Bedroom 3rd Level 19X15 Upstairs, Outside Access, Walk-In Closet, Ceiling Fan, Full Bath

Bedroom 2 2nd Level 14X11

Bedroom 3 2nd Level 14X11

Bedroom 4 3rd Level 11X10

Bedroom 5 3rd Level 13X12

Living Room 2nd Level 18X26

Dining Room 2nd Level 10X9

Kitchen 2nd Level 10X15

Interior

Heating Central, 3+ Units

Cooling Three+ Central

Flooring Ceramic Tile, Vinyl

Fireplaces Number 1

Inclusions Ceiling Fans, Washer Connection, Dryer Connection, Washer, Dryer, Refrigerator, Disposal, Wet Bar, Smoke Alarm

Heat Source Electric

Exterior

Exterior Feature Covered Patio, Deck/Balcony, Sprinkler System, Has Gutters, Outdoor Kitchen, Boat House, Dock, Water Front Improved, Other - See Remarks

Parking Features Two Car Garage, Attached

Pool In Ground Pool

Amenities Available Controlled Access, Waterfront Access, Boat Ramp, Boat Dock, Other - See Remarks

Roof Type Metal

Private Pool Y

Building

Lot Description Lakefront

Faces South

Foundation Slab

Sewer Other

Water Other

Construction Status New

Schools

Elementary Schools Llano

Middle Schools Llano

High Schools Llano

School District Llano I.S.D.

Others

Miscellaneous M.U.D.,Under Construction,Cluster Mail Box

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Virtual Tour https://shutterbugstudios.hd.pics/516-Lake-Street/idx

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Shirl Thornton • RE/MAX Horseshoe Bay Resort Sales Co. • (830) 385-6200

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(210) 777-8733

craigtaylorrealty@gmail.com

516 LAKE ST Kingsland, TX 78639

Craig Taylor ABR, MRP

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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516 LAKE ST