About this home

Perched above Lake Marble Falls in a quiet, laid-back area of town, this rare 1.67-acre dual-lot property offers the perfect blend of relaxed lake living and unmatched versatility for entrepreneurs, investors, and outdoor enthusiasts. This unique, in-town opportunity features 3 different structures for future flexibility. The main home, with quaint 1950s charm, features 4 bedrooms, 3.5 baths, two spacious living areas, and outdoor spaces with panoramic lake and Hill Country views. Primary and secondary bedroom suites are located on the main floor, while the lower level includes two additional bedrooms and a game room. Near the main home, a modern two-story structure could act as a guest home with an upstairs apartment and deck with incredible views. Downstairs is a converted garage bunkroom with a kitchenette and bath, offering flexible accommodations for guests, extended stays, or short-term rentals. Adjacent to the main house, the third structure spans approximately 3000 SF with 2100 SF of fully insulated and heated/cooled garage, including a half bath and large spaces for equipment storage or all the hobby areas you need! This building adds extraordinary functionality rarely found on the lake and in town. It is ready to be a workshop, office, exercise room, additional parking, etc. A golf cart path winds down to a private single-slip boat dock with a party deck and storehouse, creating effortless access to days on the water. Enjoy the structures as they stand, or plan your own custom build.

Facts and features

Schools

• Marble Falls Middle School

  middle · 6-8 · 1.2 mi

  4

• Marble Falls Elementary School

  elementary · K-5 · 1.4 mi

  4

• Marble Falls High School

  high · 9-12 · 1.4 mi

  4

• Living Word Academy

  elementary · 5-12 · 0.6 mi

• First Baptist Christian School

  elementary · K-6 · 0.6 mi

• St Peter's Lutheran School

  elementary · PK-K · 1.2 mi

Price history

• Aug 10, 2026 · Price Changed$2,200,000
• Aug 7, 2026 · Price Changed$2,200,000
• Jun 5, 2026 · Listing Removed—
• Jun 4, 2026 · Listed$2,400,000
• Jun 2, 2026 · Listed$2,400,000
• May 27, 2026 · Listed$2,400,000
• Feb 16, 2001 · Sold—

Tax history

• 2026$17,483 tax · $960,482 assessed
• 2025$13,350 tax · $750,000 assessed
• 2024$13,350 tax · $750,000 assessed
• 2023$15,961 tax · $712,339 assessed
• 2022$15,103 tax · $598,853 assessed
• 2021$13,187 tax · $548,051 assessed
• 2020$12,144 tax · $546,426 assessed
• 2019$12,467 tax · $519,815 assessed

Home value

$2,933,000

• Collateral Analytics$2,933,000
• Cotality$2,130,100

Where it is