$2,200,000
Price decreased by $200,000 on Aug 11, 2026

Single Family Residence In Marble Falls

  • 5 Beds
  • 8 Baths
  • 5,184 Sqft
  • 1.67 Ac lot
  • Updated: August 11
  • Source:
    Unlock MLS (Austin Board of REALTORS)  MLS#4283530

About the Property

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
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. All this plus convenience to shopping, restaurants, and necessities in Marble Falls. Less than half a mile to Bluebonnet Cafe, a half mile to Main Street and live music at Old Oak Square, and only 1.3 miles from HEB. City utilities. Short-term rentals are allowed with registration with the City. Nothing like it elsewhere on the lake at this price point. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
  • Property type

    House

  • Year built

    1950

  • Price/sqft

    $424

Features

  • Garage
  • Walk In Closet
  • Garden
  • Lakefront
  • Game Room
  • Water View
  • Air Conditioning
  • Parking
  • Panoramic / Scenic View
Features

Lot

  • Panoramic / Scenic View
  • Water View
  • Lakefront
  • Privacy

Indoor

  • Office
  • Air Conditioning
  • Laundry Room
  • Game Room
  • Walk In Closet

Outdoor

  • Parking
  • Garage
  • Garden

Explore the Area

401 Crestview DR, Marble Falls, Texas, United States View on Google Maps
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Moreland Properties - Austin

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Moreland Properties - Austin
Texas, United States
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38
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2025
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Moreland Properties - Austin
Austin, Texas, United States
View agency profile
Last updated
August 11
First listed
May 28
Listing reference
4283530
Listing status
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