About 420 Lake Street
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.
Features of 420 Lake Street
| MLS® # | 9460290 |
|---|---|
| Price | $2,700,000 |
| Bedrooms | 5 |
| Bathrooms | 6.00 |
| Full Baths | 5 |
| Half Baths | 1 |
| Square Footage | 3,966 |
| Acres | 0.14 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 420 Lake Street |
|---|---|
| Area | LL |
| Subdivision | The Drace |
| City | Kingsland |
| County | Llano |
| State | TX |
| Zip Code | 78639 |
Amenities
| Utilities | Electricity Connected, Other, Sewer Connected, Water Connected |
|---|---|
| Features | Community Mailbox, Gated, See Remarks |
| Parking | Attached, Common, Door-Single, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Inside Entrance, See Remarks |
| Garage Spaces | 2.00 |
| Garages | Garage Door Opener |
| View | Canal, City, Hills, Lake |
| Is Waterfront | Yes |
| Waterfront | Canal Front, Waterfront, Boat Ramp/Lift Access |
| Has Pool | Yes |
Interior
| Interior | Tile, Vinyl |
|---|---|
| Interior Features | Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Elevator, High Ceilings, Kitchen Island, Multiple Dining Areas, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Storage, Soaking Tub, Walk-In Closet(s) |
| Appliances | Bar Fridge, Double Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Propane Cooktop, Range, Refrigerator, Washer |
| Heating | Central, Electric, Fireplace(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Electric, Living Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Boat Lift, Balcony, Dock, Exterior Steps, Gas Grill, Outdoor Grill, Rain Gutters |
|---|---|
| Lot Description | Cul-De-Sac, Landscaped, Level, Sprinklers Automatic, Views |
| Roof | Metal |
| Construction | Stone, Wood Siding |
| Foundation | Slab |
School Information
| District | Llano ISD |
|---|---|
| Elementary | Llano |
| Middle | Llano |
| High | Llano |
Additional Information
| Date Listed | August 24th, 2026 |
|---|---|
| Days on Market | 30 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX HORSESHOE BAY RESORT SA |
|---|---|
| Contact Info | (830) 598-8726 |