508 Riverside Dr

2,208 Sq. Ft.
$588 / Sq. Ft.
2,208
Sq. Ft.
$588
per Sq. Ft.

Description

Price improvement and 2-1 rate buydown now offered! Experience the pinnacle of waterfront living on the constant-level Lake LBJ. Situated on the premier Upper Colorado Arm, this 2,208 sq. ft. retreat was completely renovated in 2017 and remained completely dry during the October 2018 flood. Boasting an open-concept layout with 3 bedrooms and 3 baths, the home features a massive bonus room, bringing the total sleep count to 12 in beds. The modern kitchen—complete with granite counters and stainless...Price improvement and 2-1 rate buydown now offered! Experience the pinnacle of waterfront living on the constant-level Lake LBJ. Situated on the premier Upper Colorado Arm, this 2,208 sq. ft. retreat was completely renovated in 2017 and remained completely dry during the October 2018 flood. Boasting an open-concept layout with 3 bedrooms and 3 baths, the home features a massive bonus room, bringing the total sleep count to 12 in beds. The modern kitchen—complete with granite counters and stainless appliances—flows into a stunning indoor sun porch, the perfect spot for sunrise coffee over the water. Outside, the 50-foot bulkhead, jet ski ramp, and boat dock (both redone in 2017) sit on excellent deep water, providing year-round access for large boats and watercraft regardless of the season. This is a true "Plug & Play" opportunity: all furnishings, linens, and kitchenware convey. STR is allowed in the neighborhood, so you can continue the successful "Ski Shores" rental legacy or move right in for your first lake summer. Ample parking for 4+ vehicles and trailers.

Property Details for 508 Riverside Drive

Subdivision Name
Lakewood Forest Unit III
Waterfront
Yes
Waterfront Description
Lake Front, Boat Ramp/Lift Access
Water Access Description
Municipal Utility District
View
Lake
View YN
Yes
Parcel Number
508 Riverside Dr, Kingsland, TX 78639-4051, Llano
Tax Lot
31
LISTING UPDATED: 05/31/2026 10:52 AM

Property Details for 508 Riverside Drive

StatusActive Under Contract
MLS #5905594
Days on Market86
Taxes$17,084 / year
HOA Fees$50 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1970
Lot Size0.18 AC / 7,832 SF
CountyLlano County

Location

Listing Courtesy of Layer Three Real Estate Group, Rick Reeder, TREC #0705712; Layer Three Real Estate Group, Bart Arnold, TREC #0745752
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Building Information for 508 Riverside Drive

Stories1Year Built1970Building Size-Lot Size0.18 AC / 7,832 SF

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OriginPoint Mortgage or Rocket Mortgage1

$7,901 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,473

Property Taxes

$1,424

HOA Dues

$4

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Property Information for 508 Riverside Drive

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Driveway, Open
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Ceiling Fan(s), Crown Molding, Entrance Foyer, French Doors Atrium Doors, Granite Counters, High Speed Internet, Main Level Master, Smart Thermostat, Bar
  • Flooring: Tile
  • Appliances: Dryer, Dishwasher, EnergyStarQualifiedAppliances, EnergyStarQualifiedDishwasher, EnergyStarQualifiedFreezer, EnergyStarQualifiedRefrigerator, ExhaustFan, ElectricOven, ElectricWaterHeater, FreeStandingElectricRange, FreeStandingRefrigerator, Freezer, IceMaker, Microwave, Refrigerator, RangeHood, VentedExhaustFan, Washer
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: Decorative
  • Laundry Features: InHall, WasherHookup, ElectricDryerHookup
  • Restrictions: DeedRestrictions
Exterior
  • Exterior Features: Boat Lift, Dock, Gas Grill, Lighting, Outdoor Grill, Rain Gutters, See Remarks
  • New Construction: No
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Front Porch
  • Water Body Name: Lake LBJ
  • Roof: Composition
  • Fencing: Back Yard, Fenced, Gate, Perimeter, Wrought Iron
  • Direction Faces: East
  • Window Features: AluminumFrames, Blinds, BayWindows, DoublePaneWindows, InsulatedWindows, Screens
  • Accessibility Features: Central Living Area
  • Community Features: Common Grounds/Area, Fishing, Lake
Property Information
Lot Information
  • FEMA Flood Plain: Yes-500 yr
  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinklers Automatic, Sprinklers In Ground, Sprinklers On Side, Trees Large Size, Trees Medium Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Electric, Energy Star Qualified Equipment
  • Heating YN: Yes
  • Heating: Central, Electric
  • Sewer: Municipal Utility District
  • Utilities: Above Ground Utilities, Cable Available, Electricity Connected, High Speed Internet Available, Phone Available, Sewer Connected, Water Connected
Green Features
  • Green Energy Efficient: Appliances
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Lakewood III
  • Association Fee Includes: CommonAreaMaintenance, SeeRemarks
  • Tax Assessed Value: $1,409,490
  • Additional Parcels: No
  • Tax Year: 2025
  • Tax Rate: 1.23%
Showing Information
Showing Information
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Directions: From Austin: take Hwy 183 North to Seward's Junction, west on Hwy 29, then south on FM 1431. Turn on Texas Ave, then left on FM 2545. FM2545 turns in to Woodlawn Rd, slight right at Bedford St, then left on Riverside. Via Hwy 71: take Hwy 71 West to Hwy 281 and turn right toward Marble Falls. In Marble Falls turn left on FM1431 to Kingsland, then right on FM 2545. FM 2545 turns in to Woodlawn, then slight right on Bedford, then left on Riverside.

Property History for 508 Riverside Drive

DateEvent & SourcePriceAppreciationLink
May 31, 2026

Active Under Contract

ACTRIS #5905594

May 5, 2026

Price Change

ACTRIS #5905594

$1,299,000
Mar 5, 2026

Listed (Active)

ACTRIS #5905594

$1,350,000
DateEvent & SourcePrice
05/31/2026

Active Under Contract

ACTRIS #5905594

05/05/2026

Price Change

ACTRIS #5905594

$1,299,000
03/05/2026

Listed (Active)

ACTRIS #5905594

$1,350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 508 Riverside Drive

Taxable ValueLand$874,130Additions$535,360Total$1,409,490
Tax Record2025$5,921 ($493 / month)
Home Facts
Beds0Total Finished SqFt2,208 SqFtAbove Grade Finished SqFt2,208 SqFtStories1StyleSingle Family ResidenceYear Built1970CountyLLANOAPN27187Fireplace TypeHas Fireplace

Schools near 508 Riverside Drive

This home is within Llano Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Packsaddle Elementary School
PublicPK to 5

Llano Junior High School
Public6 to 8

Llano High School
Public9 to 12

Llano Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Layer Three Real Estate Group, Rick Reeder, TREC #0705712; Layer Three Real Estate Group, Bart Arnold, TREC #0745752

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.