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420 Lake ST, Kingsland TX 78639
MLS #246347760 · RE/MAX HORSESHOE BAY RESORT SA · Shirl Thornton
About this home
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.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2025
- Full baths
- 5
- Half baths
- 1
- Lot size
- 40 X 157 X 41 X 157
- Subdivision
- The Drace
- MLS area
- LL
- MLS #
- 246347760
Features
Interior features
- Breakfast Bar
- Ceiling Fan(s)
- High Ceilings
- Double Vanity
- Elevator
- Kitchen Island
- Multiple Dining Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Storage
- Walk-In Closet(s)
- Washer Hookup
Exterior features
- Balcony
- Boat Dock - Private
- Boat Lift
- Exterior Steps
- Gas Grill
- Gutters Full
- Outdoor Grill
Additional details
- Parking
- See Remarks, Attached, Common, Door-Single, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Front, Inside Entrance
- Garage spaces
- 2
- Roof
- Metal
- Foundation
- Slab
- HOA
- $100 / monthly
- Annual tax
- $1,600
Location
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Schools
Assigned schools per the MLS.
- School district
- Llano ISD
- Elementary
- Llano
- Middle
- Llano
- High
- Llano
Market insights
Compared with 158 active homes in ZIP 78639 · HomeLocating listings
At $2,700,000, this home is priced 218% above the $848,250 median across 158 active homes in ZIP 78639.
Estimated monthly payment
Home price
$2,700,000
Down payment
20% ($540,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of RE/MAX HORSESHOE BAY RESORT SA · Shirl Thornton
Listing data last updated Aug 27, 2026, 5:46 PM
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