5 Beds
5 Baths
3,275 SqFt
5 Beds
5 Baths
3,275 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,275 sqft
Price per Sqft $274
Subdivision Drace
MLS Listing ID 5022839
Style 1st Floor Entry,Elevator,Multi-level Floor Plan
Bedrooms 5
Full Baths 4
Half Baths 1
HOA Fees $100/mo
HOA Y/N Yes
Year Built 2025
Annual Tax Amount $19,857
Tax Year 2025
Lot Size 6,359 Sqft
Acres 0.146
Property Sub-Type Single Family Residence
Source actris
Property Description
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 cooled 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. Bring your friends and come by the lake house you have been dreaming of! Home being sold fully furnished.
Location
State TX
County Llano
Area Ll
Rooms
Main Level Bedrooms 2
Interior
Interior Features Built-in Features, Breakfast Bar, Ceiling Fan(s), Chandelier, Double Vanity, Ceiling-High, Kitchen Island, Walk-In Closet(s)
Heating Central, Electric, Heat Pump
Cooling Central Air, Heat Pump
Flooring Tile, Wood
Fireplace Y
Appliance Built-In Oven(s), Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Washer/Dryer, Water Heater, Water Softener, Wine Refrigerator
Exterior
Exterior Feature Balcony, Barbecue, Gas Grill
Garage Spaces 2.0
Fence Partial
Pool Heated, In Ground, Pool/Spa Combo
Community Features Gated, Lake
Utilities Available Electricity Connected, Propane, Sewer Connected, Underground Utilities, Water Connected
Waterfront Description Waterfront
View Water
Roof Type Metal
Accessibility Accessible Elevator Installed
Porch Covered, Deck, Patio
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Cleared, Views
Faces South
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type HardiPlank Type,Spray Foam Insulation,Board & Batten Siding
New Construction Yes
Schools
Elementary Schools Packsaddle
Middle Schools Llano
High Schools Llano
School District Llano Isd
Others
HOA Fee Include See Remarks
Restrictions Deed Restrictions
Ownership Fractional
Acceptable Financing Cash, Conventional
Tax Rate 1.21
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/aus/5022839
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "