This stunning Lake LBJ waterfront retreat offers panoramic lake views, a prime location on the Upper Colorado Arm, and turn-key convenience for personal enjoyment or immediate rental income. Completely renovated in 2017, this 3-bedroom, 3-bath home plus a spacious bonus room is designed for both relaxation and entertaining. The open-concept living area features wood-look tile flooring, a modern kitchen with stainless steel appliances and granite countertops, and a sunroom—the perfect spot for morning coffee while watching the sunrise over the lake. The primary suite is generously sized, offering a king bed and en suite bath, while the bonus room comfortably sleeps eight with bunk beds, a combo pool & ping pong table, and a wall-mounted TV for movie nights or gaming.
Outside, the expansive backyard provides ample space for kids or pets to play under the shade of a massive pecan tree. A fire pit with Adirondack chairs invites cozy evenings by the water. The property boasts a private boat dock with a lift, a jet ski ramp, and a second-level deck with dining and lounge chairs for unwinding lakeside. The home also offers convenient access to a community boat ramp and fishing pier, just a short walk away. Designed for effortless lake living, the property is sold fully furnished with everything needed for a seamless transition, including dishes, cookware, linens, and more.
This home’s east-facing backyard ensures comfortable afternoon shade during the summer, making it a perfect year-round getaway. With strong documented rental income potential, this Lake LBJ property is an incredible opportunity for those looking to invest in a high-performing vacation rental or enjoy their own private lakeside escape. This property did not flood in October 2018. Don’t miss this chance to own a beautifully updated, fully equipped lakehouse in one of the most sought-after locations on Lake LBJ!
Features of 508 Riverside Dr
MLS® #
2536687
Price
$1,390,000
Bedrooms
4
Bathrooms
3.00
Full Baths
3
Square Footage
2,208
Acres
0.18
Year Built
1970
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
Lake,Lake LBJ
Is Waterfront
Yes
Water Body
Lake LBJ
Community Information: Kingsland
Address
508 Riverside Dr
Area
LL
Subdivision
Lakewood Forest Unit III
City
Kingsland
County
Llano
State
TX
Zip Code
78639
Amenities of 508 Riverside Dr
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected, Above Ground Utilities, High Speed Internet Available, Phone Available
Features
Common Grounds/Area, Fishing, Lake
Parking
Driveway, Open
# of Garages
2
Interior of 508 Riverside Dr
Interior
Tile
Appliances
Dishwasher, Electric Oven, Microwave, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator, Freezer, Ice Maker, Range Hood, Refrigerator, Vented Exhaust Fan, Washer
Heating
Central, Electric
Fireplace
No
# of Fireplaces
1
Fireplaces
Decorative
# of Stories
1
Stories
One
Exterior of 508 Riverside Dr
Exterior Features
Rain Gutters, Boat Lift, Dock, Gas Grill, Lighting, Outdoor Grill, See Remarks
Lot Description
Back Yard, Front Yard, Landscaped, Sprinklers Automatic, Trees Large Size, Trees Medium Size, Gentle Sloping, Sprinklers In Front, Sprinklers In Ground, Sprinklers In Rear, Sprinklers On Side
Roof
Composition
Construction
Brick
Foundation
Slab
School Information
District
Llano ISD
Elementary
Llano
Middle
Llano
High
Llano
Additional Information On 508 Riverside Dr
Days on Market
230
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
30
HOA Fees Freq.
Annually
Gated Community
No
Property History
Price Reduced from $1,474,000 to $1,390,000
Price Reduced from $1,499,000 to $1,474,000
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Layer Three Real Estate Group(512) 924-7300. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 11th, 2025 at 11:30pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
