$1,350,000

40 Lake St Kingsland, TX 78639

Estimated payment $8,928/month

Total Views 2,914
0.44 Acre
$3,068,182 Price per Acre
19,166 Sq Ft Lot

Highlights

  • 258 Feet of Waterfront
  • Gated Community
  • Landscaped with Trees
  • Open Water Access
  • Lake View

About This Lot

Only 2 Open Water Lots Remaining at The Drace! This unique waterfront lot has 58ft of open waterfront and 200ft of channel waterfront; located within The Drace, Lake LBJ's premier new waterfront development, perfectly situated in the heart of Kingsland and near the confluence of the Llano and Colorado arms of Lake LBJ. The Drace features a stunning gated entrance off of RR 1431, boat trailer and overflow parking, community boat ramp, all underground utilities, and fiber optic internet. Construction of the development is nearing completion and many gorgeous new homes are under construction. This is your opportunity to reserve your spot on the coveted Colorado Arm of Lake LBJ, with no timeline requirement to start the construction of your home. In total, The Drace features 10 open water lots, 29 channel lots, and 8 off-water lots with dedicated boat slips. The Drace is not builder restricted, so you can bring your own builder and short-term-rentals are approved. If you are not ready to build your home, owners within The Drace are able to build their boat dock first to start enjoying their waterfront. All of the open waterfront lots are northern facing and from this location, you can walk to Hoopers Restaurant and Bar, as well as the new Junction Prime Steakhouse! The quality and depth of the water in front of this lot is some of the best that Lake LBJ has to offer; with only 2 open water lots remaining, this opportunity won't last long!

Listing Agent

Andrew Virdell

Landmasters Real Estate License #0624479 Listed on: 03/12/2024

Co-Listing Agent

Natalie Virdell

Landmasters Real Estate License #0676262

Property Details

Property Type

  • Land

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 70x262
  • 258 Feet of Waterfront
  • Landscaped with Trees

HOA Fees

  • $100 Monthly HOA Fees

Additional Features

  • Lake Views
  • Flood Zone Lot
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Assessor Parcel Number 077707

Community Details

Overview

  • The Drace Subdivision

Security

  • Gated Community

Recreation

  • Open Water Access

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • View: Lake
  • Reso Property Sub Type: Lots (Up to 9.9 Acres)
  • Prop. Type: Land
  • Co List Office Mls Id: HLM27
  • Co List Office Phone: +1 (325) 388-45
  • Co List Office Mls Id: HLM27
  • Subdivision Name: The Drace
  • Directions: The address to get you to The Drace subdivision is 100 Lake Street in Kingsland. Drive down around to the open water lots, Lot 40 is at the end on the left. Lots are numbered.
  • HLM_ShortTermRentalAllowed: Yes
  • HLM_FloodZone: Yes
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: Lake LBJ
  • HLM_NumberOfResidences: 0
  • HLM_GolfCourseLot: No
  • HLM_PropertyDescription: Trees
  • HLM_WellOnProperty: No
  • HLM_ManufacturedHome: No
  • HLM_WaterfrontFootage: 258
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.44
  • Waterfront Features: Open Water

Utilities

  • Utilities: Electricity Available, MUD Sewer, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Gated
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Llano

Lot Info

  • Lot Dimensions: 70x262
  • Lot Size Sq Ft: 19166
  • Parcel #: 077707

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 For Sale $1,350,000 -- --
Source: Highland Lakes Association of REALTORS®

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM167848

Highland Lakes Association of REALTORS®