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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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516 Lake St , Kingsland, TX 78639
$2,800,000
Est. Payment: $14,061.24/mo
5 Bed
5.5 Bath
4028 Sqft
Status: active | Days on site: 11
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

Located within The Drace, Kingsland's premier gated waterfront enclave, the new construction residence at 516 Lake St. offers a balance of modern lake living and flexible, guest-friendly spaces. Positioned in one of Lake LBJ's most desirable vacation destinations, the property presents strong investment potential, with projected rental income exceeding $100K annually based on comparable nearby homes of similar size and amenities. Spanning 4,028 sq. ft. with five bedrooms and 5.5 baths, the home is well-suited as both a private retreat and income-producing property with a private pool, covered outdoor living, multiple decks and balconies, and a private boat dock to enjoy. The open-concept main level features a spacious living, dining, and kitchen area anchored by a waterfall island, along with a wet bar just off the main living space for easy entertaining. Two guest suites on this level offer flexibility for multi-family stays or guests who prefer main-level access, while upstairs, the primary suite offers a private retreat with its own balcony. An additional lounge area with built-in bunk beds expands sleeping capacity without sacrificing comfort. An elevator provides convenient access between levels, while the garage is equipped for electric vehicle charging-adding everyday ease for owners and guests alike. The Drace's private boat ramp and overflow/trailer parking enhance both convenience and rental appeal, making this property a strong opportunity for those seeking a luxury waterfront home on Lake LBJ.
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Highlights

Listed by Shirl Thornton , (830) 385-6200 RE/MAX Horseshoe Bay Resort Sales Co. , (830) 385-6200. LERA MLS - Local Expertise Regional Access mls logo

Property Type

Residential
Lot/Acreage
0.15

HOA Fee

100 Monthly

Year Built

2025

County

Llano

Area

3100

 Neighborhood

Out/Llano County

 School District

Llano I.S.D.

Listing ID

1965612

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:5.5
  • ▪ Full Bathrooms:5
  • ▪ 1/2 Bathrooms:1
Appliances:Ceiling Fans, Washer Connection, Dryer Connection, Washer, Dryer, Refrigerator, Disposal, Wet Bar, Smoke Alarm
Air Cond:Three+ Central
Fireplaces:
Floor:Ceramic Tile,Vinyl
Other:One Living Area,Liv/Din Combo,Island Kitchen,Walk-In Pantry,Utility Room Inside,High Ceilings,Open Floor Plan,Laundry Main Level,Laundry Room,Walk in Closets

Exterior Features

Lot:Lakefront
Lot Dimensions:40 X 167 X 40 X 163
Roof:Metal
Others:Covered Patio,Deck/Balcony,Sprinkler System,Has Gutters,Outdoor Kitchen,Boat House,Dock,Water Front Improved,Other - See Remarks
Sewer:Other
Parking Features:Two Car Garage,Attached
Principal Interest
$14,061
Taxes
$133
HOA
$100

Home Price

$2,800,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$560,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,061.24

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $14,061.24 $133.33 $100.00 $14,294.57
Yearly $168,734.84 $1,600.00 $1,200.00 $171,534.84
Total $5,062,045.29 $48,000.00 $36,000.00 $5,146,045.29

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Kingsland, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

IDX service by Blueroof 360

Data last updated: 2026-07-17T14:20:57.000Z

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