516 Lake St., Kingsland, TX 78639 US Horseshoe Bay, Kingsland, Sunrise Beach Home for Sale

516 Lake St., Kingsland, Texas

Property Details

Active

$2,800,000

Listing Information

  • MLS: 177816
  • Bedrooms: 5
  • Baths: 5
  • Partial Baths: 1
  • SQ FT: 4028
  • Lot Size: 0.15
  • Style: Other
  • Heat Source: Central
  • Schools: Llano

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.

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Contact Information

Photo of Shirl A. Thornton Real Estate
Shirl A. Thornton
RE/MAX Horseshoe Bay Resort Sales Co.
7409 Hwy 2147
Horseshoe Bay TX 78657
Direct: (830)385-6200
Office: (830)598-8726
Fax: (830)598-1915