Listing provided courtesy of Landmasters Real EstateMLS# HLM167848MLS Provider
  • 605 days on site
  • 2 views

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!

Source: Highland Lakes MLS, MLS#: HLM167848

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  • Property Type
    Land
  • Lot
    0.44 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 40 Lake Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
7/21/2025Source: Highland Lakes MLS Price Reduction
$1,290,000 -4.4%