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!
Lot/land
Price cut: $60K (7/21)
$1,290,000
40 Lake Street, Kingsland, TX 78639
--beds
--baths
0.44Acres
Lots (Up to 9.9 Acres), Land
Built in ----
0.44 Acres Lot
$-- Zestimate®
$--/sqft
$100/mo HOA
What's special
Unique waterfront lot
- 524 days
- on Zillow |
- 61 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 12:16pm
Listed by:
Andy Virdell 512-720-1454,
Landmasters Real Estate,
Natalie Virdell 512-940-6918,
Landmasters Real Estate
Source: HLMLS,MLS#: 167848

Travel times
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Open Water, Lake LBJ
- Frontage length: 258
Lot
- Size: 0.44 Acres
- Dimensions: 70 x 262
Details
- Parcel number: 077707
Utilities & green energy
- Sewer: MUD Sewer
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: The Drace
HOA
- Has HOA: Yes
- HOA fee: $100 monthly
Location
- Region: Kingsland
Financial & listing details
- Date on market: 3/12/2024
- Electric utility on property: Yes
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