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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.

Detalles de la propiedad

Tipo de propiedad

Residential · SingleFamilyResidence

Estatus

Active

Año de construcción

2025

Baños completos

5

Half baths

1

Tamaño del lote

40 X 157 X 41 X 157

Fraccionamiento

The Drace

Área MLS

LL

MLS #

246347760

Características

Detalles adicionales

Estacionamiento

See Remarks, Attached, Common, Door-Single, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Front, Inside Entrance

Lugares de cochera

2

Techo

Metal

Cimentación

Slab

HOA

$100 / monthly

Impuesto anual

$1,600

Escuelas

Assigned schools per the MLS.

Distrito escolar

Llano ISD

Primaria

Llano

Secundaria

Llano

Preparatoria

Llano

Análisis del mercado

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.