$635,000
Pending

11 Lake Street

Kingsland, TX 78639
Browse 15 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Welcome to 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 will feature a dramatic gated entrance off of RR 1431, boat trailer and overflow parking, community boat ramp, all underground utilities, brick paved streets, and fiber optic internet. 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. This is where everyone wants to be, evidenced by the fact that the top 5 revenue generating short term rentals on the entire lake are within a 1 mile radius of The Drace. The two homes pictured in the listing photos are examples of homes and boat docks with party decks to help visualize what could be built within the expansive channel. Minimum heated/cooled square footage of homes built on channel lots is just 1800 sf. If you are not ready to build your home, owners of channel lots are able to build their boat dock first to start enjoying their waterfront. Construction of the development is progressing quickly, and the channel will be completed soon. Now is the time to make an excellent deal on a waterfront lot in The Drace!

  • Property Details
      • Acres0.19
      • Waterfront Sqft40
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • SubdivisionDrace
    • Location
      • School DistrictLlano
      • CountyLlano
  • Other
      • MLS #165014
  • -

    Location

    Delz Realty GroupReal Estate Group
    $
    years

    Down Payment

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    %
    10.0%

    Interest Rate

    %
    6.0%

    Tax Rate

    %
    2.6%
    $
    $
    annually
    $
    monthly

    Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

    Estimated Monthly Payment
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    Loan Amount
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