508 Lake Street
ActiveKingsland, TX 78639
Dreaming of owning a luxury waterfront home on Lake LBJ but wonder if you would use it enough to justify the investment? This 33% fractional ownership opportunity offers the perfect solution-enjoy all the benefits of lakefront living at a fraction of the cost. Welcome to 508 Lake Street, located in The Drace, a premier gated community on the shores of Lake LBJ. Completed in 2025 by Goliath Luxury Homes, this exceptional waterfront residence combines timeless design, quality craftsmanship, and resort-style amenities. Offering 5 bedrooms and 4 1/2 bathrooms, the thoughtfully designed floor plan provides ample space for family and guests. Every detail has been carefully considered, from the designer finishes and premium materials to the functional layout. A three-story elevator provides effortless access to every level. Designed with entertaining in mind, the outdoor living spaces are second to none. Enjoy a heated and chilled pool, gas fire pit, expansive outdoor gathering areas, a game room, and a fully equipped outdoor kitchen. When it's time to hit the water, simply walk down the steps to your private boat lift and be cruising Lake LBJ within minutes. Built to the highest standards, this home features advanced energy-efficient construction and exceptional structural integrity for lasting peace of mind. Experience the best of Lake LBJ ownership through this rare fractional ownership opportunity-luxury, convenience, and waterfront living without the full-time commitment.

1/20
508 Lake Street
$900,000
- 5 bedrooms
- 4 baths
- 3275 sq ft
- MLS# : 178918
- Built in 2025
Nearby schools
- Llano Independent School District
Actual schools may vary. We recommend verifying with the local school district, the school assignment and enrollment process.
Map & directions
Mortgage rates & offers
Contact
FPO
Cook Real Estate
Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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