420 Lake St

Set along the constant-level waters of Lake LBJ, 420 Lake Street presents a refined new construction residence within The Drace, Kingslands premier gated waterfront enclave. Offering 3,966 sq. ft., five bedrooms, five full & 2 half baths, the home is equally suited as a private retreat or income-producing property. Designed for gathering and entertaining, all outdoor living spaces are covered for year-round enjoyment, including the swimming pool, outdoor kitchen, expansive deck, multiple balconies, and a private boat dock. The open-concept main level is framed by walls of glass and anchored by a marble fireplace, while the chefs kitchen features quartz countertops, a 48 gas range, double ovens, and a butlers pantry with wine storage. Upstairs, four guest suitesincluding a custom bunk room and bonus loungemaximize comfort and guest capacity. Located in one of Lake LBJs most sought-after vacation destinations, the property offers strong investment potential, with a projected rental income exceeding 100K annually based on comparable nearby homes of similar size and amenities. Situated outside the flood plain, the home eliminates the need for flood insuranceoffering peace of mind, annual savings, and added value for future resale. The Draces private boat ramp and trailer parking enhance both ease of use and rental appeal, positioning this property as a standout opportunity for buyers seeking a luxury waterfront home that performs as beautifully as it lives.