- Overview
- Description
- Property Details
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$860,000
Monthly Est:$4,281
5 Beds
5 Baths4 full baths + 1 half bath
3,275sqft
508 Lake St, Kingsland, TX 78639
$860,000
$4,281/moEst:
Get Pre-Approved
Single Family Residence
Built in 2025
$100/mo HOA
6,359.76 sqft lot
$263/sq.ft
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 cooled 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. Bring your friends and come by the lake house you have been dreaming of! Home being sold fully furnished.
- Houzeo last checked: 1 hour ago
- Listing updated: October 24, 2026 at 7:02 pm
- Listing Provided by: Stacy Alexander (512) 567-5653 | Cook Residential RE (512) 656-2964
- Source: Unlock MLS-TX as distributed by MLS GRID | MLS#: 5022839
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
2025
HOA Fees
$100/mo
Finished Area
3,275 sqft
Lot Size
6,359.76 sqft lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
5022839
MLS Status
Active
Days on Market
93
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Location
HOA Management
THE DRACE RESIDENTIAL COMMUNITY, INC.
HOA Fees
$100/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
See Remarks
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Kitchen
Level: Second
Primary Bedroom
Level: Second
Living Room
Level: Second
Interior
Sewer
Public Sewer
Window Features
Window Coverings
Cooling
Central Air, Heat Pump
Heating
Central, Electric, Heat Pump
Exterior Features
Balcony, Barbecue, Gas Grill
Flooring
Tile, Wood
Appliances
Built In Oven(s), Built In Refrigerator, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Washer/dryer, Water Heater, Water Softener, Wine Refrigerator
Interior Features
Built In Features, Breakfast Bar, Ceiling Fan(s), Chandelier, Double Vanity, Ceiling High, Kitchen Island, Walk In Closet(s)
Construction
Year Built
Year Built: 2025
Home type
Single Family Residence
Construction Materials
Hardi Plank Type, Spray Foam Insulation, Board & Batten Siding
Foundation Details
Slab
Roof
Metal
Property Condition
New Construction
Utilities & Energy
Parking Features
Garage, Garage Door Opener
Water Source
Public
Utilities
Electricity Connected, Propane, Sewer Connected, Underground Utilities, Water Connected
Pool Features
Heated, In Ground, Pool/spa Combo
Security Features
Smoke Detector(s)
Other Features
Lot Features
Cleared, Views
Community Features
Gated, Lake
Disclosures
Mud, Seller Disclosure
Subdivision Name
Drace
Patio And Porch Features
Covered, Deck, Patio
Price History
| Date | Event | Price |
|---|---|---|
10/24/2026 Source: | Price Decreased | $860,000 -64.54% $263/sqft |
04/02/2026 Source: | Listed for Sale | $2,425,000 $740/sqft |
01/19/2026 Source: | Off Market | $2,425,000 -0.41% $740/sqft |
10/15/2025 Source: | Listed for Sale | $2,435,000 -0.20% $744/sqft |
07/16/2025 Source: | Price Increased | $2,440,000 +0.21% $745/sqft |
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Based on information submitted to the MLS GRID from Unlock MLS through Nov 02, 2026, 02:15PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Unlock MLS. All Rights Reserved.
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