Date
Details
Price
Change
Source
7/31/2026
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
FRACTIONAL OWNERSHIP. 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.
Full Property Details
Full Property Details for 508 Lake St
General
- Price: $900,000
- HOA FEE: $100/month
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 178918
- Updated: 8/24/2026
- Added to Site: 69 day(s) ago
Interior
- Rooms/Areas: Dining Room, Foyer, Game Room, Kitchen, Laundry, Living Room, Storage Room, Utility Room Inside, Main Level Master Bdrm
- Interior Features: Elevator, Improved Attic, Pantry, Recessed Lighting, Walk-In Closet(s), Quartz Countertops
- Fireplace: Yes
- Fireplace(s): Other, Other
- Appliances: Microwave, Gas Range, Refrigerator, Washer, Washer Hookup, Gas Water Heater, Cooktop, Water Softener
- Flooring: Ceramic Floor, Hardwood, Stone
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: Marina, Water
- Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Private
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 2 Car Attached Garage, Front Entry
Location
- County: Llano
- Subdivision: The Drace
- Driving Directions: Take FM 1431 to Kingsland then turn into The Drace subdivision. Take a left and follow Lake Street by turning right and then right and the home will be the first one on the right.
School Information
- High School District: Llano
Community
- Association: Yes
- Assoc. Fees Include: Road Maintenance
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Steel Frame, Wood Siding, HardiPlank Type
- Foundation: Slab
- Roof: Metal
- Stories/Levels: 3
- Square Feet: 3,275
- Sq. Ft. Source: County Records
- Living Area: 3,275 Sq. Ft.
- Year Built: 2025
Unit Information
- Residential Units: 1
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,360
- Lot Dimensions: 40 x 159
- Frontage: Paved Road
- Fence: Yes
- Topography: Cleared Land
- Fencing (Description): Partial
Water Features
- Water View: Yes
- Water Front Type: Channel
- Water Front View: Lake LBJ
- Boat Dock Slip: Yes
Green Features
- Energy Efficient: Ceiling Fan(s), Heat Pump, Windows
Financial Considerations
- Price Per Sq. Ft.: $274.81
- Association Fee: Yes
- Association Fee: $100
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Legal Description: THE DRACE LT 27 0.146 AC
- Property ID: 77694
Listed by Cook Residential RE, Stacy Alexander
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Listing agent
— 508 Lake St —
Stacy Alexander
Cook Residential RE
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 508 Lake St
School District:Llano Independent School District
| Name | Grades | Distance |
|---|---|---|
Packsaddle Elementary School 150 Pioneer Lane, Kingsland, TX 78639 | PK-5 | 0.8 mi |
Llano J High School 400 East Highway 71, Llano, TX 78643 | 6-8 | 15.1 mi |
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 15.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 Lake St
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508 Lake Street, Kingsland, TX 78639 (MLS# 178918) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 508 Lake Street is currently listed for $900,000 and was received on July 31, 2026. Want to learn more about 508 Lake Street? Do you have questions about finding other Single Family real estate for sale in Kingsland? You can browse all Kingsland real estate or contact a Coldwell Banker agent to request more information.