420 Lake St, Kingsland, TX 78639

$2,700,000
5
BD
6
BA
3,966
SqFt

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List Price
$2,700,000
Status
ACTIVE
MLS#
9460290
Days on Market
0
Bedrooms
5
Bathrooms
6
Living Area
3,966
Lot Size
6,272
Area
Burnet/Llano

Property Description

Set along the constant-level waters of Lake LBJ, 420 Lake Street is a refined new construction residence within The Drace, Kingsland’s premier gated waterfront enclave. Located in one of Lake LBJ’s most sought-after vacation destinations, the property offers strong investment potential, with a projected rental income exceeding $100K annually based on comparable nearby homes of similar size and amenities. Offering 3,966 sq. ft., five bedrooms, five full & 2 half baths, the home is equally suited as an income-producing property or a private retreat. Designed for gathering and entertaining, all outdoor living spaces are covered for year-round enjoyment, including the swimming pool, outdoor kitchen, expansive deck, multiple balconies, and a private boat dock. The open-concept main level is framed by walls of glass and anchored by a marble fireplace, while the chef’s kitchen features quartz countertops, a 48” gas range, double ovens, and a butler’s pantry with wine storage. Upstairs, four guest suites—including a custom bunk room and bonus lounge—maximize comfort and guest capacity. Situated outside the flood plain, the home eliminates the need for flood insurance—offering peace of mind, annual savings, and added value for future resale. The Drace’s private boat ramp and overflow/trailer parking enhance both ease of use and rental appeal, positioning this property as a standout opportunity for buyers seeking a luxury waterfront home that performs as beautifully as it lives.

Additional Information

Taxes
$1,600
Tax Year
2026
HOA Name
THE DRACE RESIDENTIAL COMMUNITY, INC.
Year Built
2025
Garage Spaces
2
Parking Spaces
4
Exterior Features
Balcony, Boat Dock - Private, Boat Lift, Exterior Steps, Gas Grill, Gutters Full, Outdoor Grill
Interior Features
Breakfast Bar, Ceiling Fan(s), Ceiling-High, Double Vanity, Elevator, Kitchen Island, Multiple Dining Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s)
Roof
Metal
Appliances
Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Double Oven, Propane Cooktop, Range, Refrigerator, Washer
Construction
Stone, Wood Siding
Num Fireplaces
1
Region
Burnet/Llano
View
Lake/River
School District
Llano ISD
Elementary School
Llano
High School
Llano
Middle School
Llano
Sewer
MUD
Stories
2
Street Name
Lake St
Street Number
420
Neighborhood
The Drace
Water
Public
Waterfront
Yes
Guest Accommodations
Room with Private Bath
Acres
0.14
County
Llano
Floor
Tile, Vinyl
Heating
Central, Electric, Fireplace(s)
Lot Description
Cul-De-Sac, Landscaped, Level, Sprinkler - Automatic, Views
Pool
Yes

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Listing courtesy of RE/MAX HORSESHOE BAY RESORT SA. Contact: (830) 598-8726

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