40 Lake Street

Kingsland, TX 78639

$1,350,000
Price
19,166 / 0.44
Lot Size / Acres

Description

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...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!
  1. Listed by Andy Virdell • TREC #0624479 • Landmasters Highland Lakes
    P: (512)-720-1454 andrew.virdell@gmail.com
  2. Listed by Natalie S Virdell • TREC #0676262 • Landmasters Highland Lakes
    P: (512)-940-6918 Natalie.virdell@gmail.com

Property Details for 40 Lake Street

High School District
Llano
Subdivision Name
The Drace
View
Lake
LISTING UPDATED: 10/07/2024 11:48 AM

Property Details for 40 Lake Street

StatusActive
MLS #167848
Days on Market210
Taxes-
HOA Fees$1,200 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Lots (Up to 9.9 Acres)
Year Built-
Lot Size0.44 AC
CountyLlano County

Building Information for 40 Lake Street

Lot Size0.44 AC

Property Information for 40 Lake Street

Summary
Location and General Information
  • 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.
  • Flood Zone: Yes
  • Property Description: Trees
  • Waterfront: Lake LBJ
  • Waterfront Footage: 258
Taxes and HOA
  • Association Amenities: Gated Community
  • Association Fee: $100.00
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Taxes Per Hundred Dollar Valuation: 1.23
  • Parcel Number: 077707
Property
Lot Information
  • Golf Course Lot: No
  • Manufactured Home: No
  • Lot Size Acres: 0.44
  • Lot Size Dimensions: 70x262
  • Lot Size Square Feet: 19166.0
Property and Assessments
  • Documents Available: Aerial Photos,Covenants & Restrictions
  • Site Built Only: Yes
  • Photos Count: 14
Utilities
  • Owned To Water: Yes
  • Well On Property: No
  • Utilities: City Water,Electricity Available,MUD Sewer,Underground Utilities Available
Interior and Exterior Features
Exterior Features
  • Waterfront Features: Open Water
Multi Family
Multi Family Information
  • Number Of Residences: 0
Rental
Rent Information
  • Restrictions: Yes

Property History for 40 Lake Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 40 Lake Street

This home is within Llano Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Packsaddle Elementary School
PublicPK to 5

Llano J High School
Public6 to 8

Llano High School
Public9 to 12

Llano Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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40 Lake Street is a 0.44 ac of land for sale in Kingsland, TX 78639. This property was listed for sale on March 12, 2024 by Landmasters Highland Lakes, it's currently listed at $1,350,000. This listing's school district is Llano Independent School District. Nearby schools include Packsaddle Elementary School, Llano J High School and Llano High School. 40 Lake Street is a 0-bed, 0-bath, 0.44 ac of land on a 19,166 sq. ft. / 0.44 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Landmasters Highland Lakes, Andy Virdell, TREC #0624479; Landmasters Highland Lakes, Natalie S Virdell, TREC #0676262

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.