420 Lake ST, Kingsland TX 78639
Kingsland, TX 78639 | Drace | Built by Partners In Property, LLC
Why It May Not Have Sold
The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.
Listing History
This property was listed at $2,700,000 and withdrawn after 3 days on market. This listing activity factors into the valuation.
78639 Market Trends
Recently Sold Comparables
About This Property
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.
Property Highlights
Features
- Breakfast Bar
- Ceiling Fan(s)
- High Ceilings
- Double Vanity
- Elevator
- Kitchen Island
- Multiple Dining Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Storage
- Walk-In Closet(s)
- Washer Hookup
Location
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Schools
Property Details
HOA & Community
Tax Information
Listing History
| Aug 27, 2026 | Off Market | ||
| Aug 24, 2026 | Listed | $2,700,000 |
Frequently Asked Questions About 420 Lake ST, Kingsland TX 78639
When was 420 Lake ST, Kingsland TX 78639 built?
420 Lake ST, Kingsland TX 78639 was built in 2025.
How much does 420 Lake ST, Kingsland TX 78639 cost?
420 Lake ST, Kingsland TX 78639 is currently off market.
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