509 Lake St

Kingsland, TX 78639

$3,995,000
Price
6
Beds
5,021 Sq. Ft.
$796 / Sq. Ft.
5,021
Sq. Ft.
$796
per Sq. Ft.
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a view of a swimming pool and outdoor space
a view of a house with swimming pool lawn chairs and a yard
a front view of a house with a yard
a living room with kitchen island furniture and a chandelier
a view of dining room and kitchen with furniture
a spacious bedroom with a large bed and a chandelier
a bathroom with double sink and a mirror
a spacious bathroom with a bathtub sink and mirror
a bathroom with a tub and a shower
a room with storage and utility
a living room with furniture and a large window
a bathroom with a shower and a sink
a bedroom with a large bed and a flat tv screen on dresser
a view of bathroom
a bathroom with a sink a toilet and a bathtub
a spacious bathroom with a double vanity sink and a mirror
a view of walk in closet with clothes and shoes
a bathroom with a shower
a living room with furniture and a flat screen tv
a outdoor living space with patio furniture and a potted plant
a view of a patio with a table chairs and a floor to ceiling window window
a view of a terrace
a outdoor space with patio lots of furniture
a view of a house with swimming pool and sitting area
aerial view of a garden with iron fence
an aerial view of a houses with a yard
a view of a lake with a mountain in the background
a view of a street with potted plants

Description

The seller will GUARANTEE $185,000 first year rental income willExperience luxury waterfront living at its finest with this stunning 6 bedroom, 6.5 bathroom dream vacation home located at 509 Lake Street in the charming town of Kingsland, TX. Boasting a huge VRBO potential with high upside cash flow by mid summer, this property is perfect for investors or families looking for a vacation home. With a double boat slip, partially covered concrete party deck on top, and 2 jet ski lifts, this property...The seller will GUARANTEE $185,000 first year rental income willExperience luxury waterfront living at its finest with this stunning 6 bedroom, 6.5 bathroom dream vacation home located at 509 Lake Street in the charming town of Kingsland, TX. Boasting a huge VRBO potential with high upside cash flow by mid summer, this property is perfect for investors or families looking for a vacation home. With a double boat slip, partially covered concrete party deck on top, and 2 jet ski lifts, this property is an outdoor enthusiast's dream. The interior is just as impressive with an elevator for easy access to all levels, laundry rooms up and downstairs, and an abundance of natural light throughout. The modern finishes, energy-efficient appliances, and gourmet kitchen with granite countertops will make you feel right at home. Relax in the luxuriously appointed master bath or unwind in the spacious rooms with oversized windows and high ceilings. This new construction also includes bonus features such as custom built-ins bunk beds, recessed lighting, and smart home capabilities. Located in a gated community with a multi-car garage and security system, this property offers both privacy and convenience. Enjoy outdoor entertaining with an outdoor kitchen, swimming pool, and hot tub. The surrounding area is filled with family-friendly activities, convenient shopping, and easy access to highways.
  1. Listed by Greg McDonnell • TREC #0348571 • Lake LBJ Partners
    P: (512)-784-4343 gregmcdonnell46@yahoo.com
  2. Listed by Dave Hudson • TREC #0215754 • Lake LBJ Partners
    P: (512)-784-4237 davehudson@flash.net

Property Details for 509 Lake Street

Architectural Style
Custom,Traditional
High School District
Llano
Stories Total
3
Subdivision Name
The Drace
View
Golf Course,Hill Country,Lake,Panoramic
Year Built
2024
LISTING UPDATED: 01/29/2026 03:02 PM

Property Details for 509 Lake Street

StatusActive
MLS #168731
Days on Market656
Taxes-
HOA Fees$1,200 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2024
Lot Size0.29 AC / 12,500 SF
CountyLlano County
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Location

Listing Courtesy of Lake LBJ Partners, Greg McDonnell, TREC #0348571; Lake LBJ Partners, Dave Hudson, TREC #0215754
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Building Information for 509 Lake Street

Stories3Year Built2024Building Size-Lot Size0.29 AC / 12,500 SF

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$20,634 per month

30 year fixed, 6.15% Interest

Principal and Interest

$19,471

Property Taxes

$1,063

HOA Dues

$100

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Property Information for 509 Lake Street

Summary
Location and General Information
  • Directions: 1431 From Marble Falls to Kingsland after you Cross The bridge on the Colorado Arm of Lake LBJ 3 blocks on the right entrance to The Drace.
  • Flood Zone: Yes
  • Waterfront: Lake LBJ
  • Waterfront Footage: 50
  • Road Frontage Type: All Weather,Paved Road,Private Road
Taxes and HOA
  • Association Amenities: Water,Gated
  • Association Fee: $100.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Road Maintenance,Other
  • Association: Yes
  • Taxes Per Hundred Dollar Valuation: 1.2
  • Parcel Number: 077711
Virtual Tour
Parking
  • Garage Carport: 2 Car Attached Garage,Garage Door Opener,Front Entry
Property
Lot Information
  • Green Energy Efficient: Ceiling Fan(s),Heat Pump,Windows,Zoned
  • Golf Course Lot: No
  • Land Type: Wooded Land
  • Lot Size Acres: 0.29
  • Lot Size Dimensions: 50 X250
  • Lot Size Square Feet: 12500.0
Property and Assessments
  • Documents Available: Deed Restrictions,Plot/Plat Plan,Survey
  • Preferred Title Company: Highland Lakes Title Kingsland
  • Single Level Living: Yes
  • Living Area: 5021.0
  • Living Area Source: Plans
  • Photos Count: 30
Utilities
  • Owned To Water: Yes
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central,Electric
  • Appliances: Dishwasher,Dryer,Disposal,Microwave,Gas Range,Built-In Refrigerator,Washer,Washer Hookup,Cooktop,Wall Oven
  • Flooring: Carpet,Laminate
  • Foundation Details: Slab
  • Room: Dining Room,Game Room,Great Room,Kitchen,Laundry,Living Room,Utility Room Inside,Main Level Master Bdrm
  • Interior Features: High Ceilings,Wet Bar,Breakfast Bar,Granite Counters,Pantry,Split Bedroom,Vaulted Ceiling(s),Walk-In Closet(s)
  • Bedrooms Total: 6
  • Bathrooms Full: 6
  • Bathrooms Half: 1
Exterior Features
  • Construction Materials: Steel Frame,Wood Siding,Stone,Stucco
  • Exterior Features: Balcony,Rain Gutters,Sprinkler System,Stonework,Hot Tub
  • Water Amenities: 2 Stall Boat Dock w/ Elec,Electric Lift,Lake Pump,Retaining Wall
  • Pool Features: Heated,In Ground,Private
  • Roof: Metal
  • Waterfront Features: Open Water
Multi Family
Multi Family Information
  • Number Of Residences: 1
Rental
Rent Information
  • Occupied: No
  • Restrictions: Yes

Property History for 509 Lake Street

DateEvent & SourcePriceAppreciation
May 11, 2024

Listed (Active)

Highland Lakes AOR #168731

$3,995,000—
DateEvent & SourcePrice
05/11/2024

Listed (Active)

Highland Lakes AOR #168731

$3,995,000

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

Public Records for 509 Lake Street

Taxable ValueLand$1,011,829Additions$2,025,492Total$3,037,321
Tax Record2025$12,758 ($1,063 / month)
Home Facts
Beds0Total Finished SqFt5,570 SqFtAbove Grade Finished SqFt5,570 SqFtStories2Lot Size13,112 SqFtStyleSingle Family ResidenceYear Built2025CountyLLANOAPN77715

Schools near 509 Lake Street

This home is within Llano Independent School District.
Rating
School
Type
Grades
Distance
Packsaddle Elementary School
Public - PK to 5
Llano Junior High School
Public - 6 to 8
Llano High School
Public - 9 to 12
Llano Elementary School
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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More information about 509 Lake Street, Kingsland, TX 78639

509 Lake Street is a single family home for sale in Kingsland, TX 78639. This property was listed for sale on May 12, 2024 by Lake LBJ Partners, it's currently listed at $3,995,000. This listing's school district is Llano Independent School District. Nearby schools include Packsaddle Elementary School, Llano Junior High School and Llano High School. 509 Lake Street is a 6-bed, 7-bath, 5,021 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lake LBJ Partners, Greg McDonnell, TREC #0348571; Lake LBJ Partners, Dave Hudson, TREC #0215754

Based on information submitted to the MLS GRID as of 01/29/2026 03:02 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and 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. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.