Cove at The Marble Falls Project
Marble Falls Demographics
- Population: Approximately 7,300 people
- Gender: 48% male, 52% female
- Age: The median age in Marble Falls was 42.7 years old, with approximately 20% of the population aged 65 or older.
- Race and ethnicity: The racial and ethnic makeup of Marble Falls was 69% White, 16% Hispanic or Latino, 8% African American, 4% Asian, and 3% two or more races.
- Education: Approximately 89% of adults in Marble Falls had a high school diploma or higher, and 28% had a bachelor's degree or higher.
- Income: The median household income in Marble Falls was around $58,000, which was slightly lower than the national median. Approximately 13% of the population lived below the poverty line.
Marble Falls Attractions
This historic downtown area is filled with shops, restaurants, and local businesses. It's a great place to stroll around and take in the local culture.
This beautiful lake is perfect for boating, fishing, and other water sports. There are several parks and boat ramps around the lake, making it a great place to spend a day outdoors.
This family-friendly farm is a great place to pick your own strawberries, pumpkins, and other fruits and vegetables. They also have a petting zoo and a playground for kids.
This outdoor adventure park offers off-road trails, rock climbing, and other outdoor activities.
Set in Marble Falls and billing itself as "the premier off-road adventure park" in Texas, Hidden Falls strikes the right balance between fun and safety, opening up off- roading for anyone and making it a great environment for the whole family.
Johnson Park is located at 230 S. Avenue J; in the pecan shaded area where Backbone Creek and Whitman Branch flow into Lake Marble Falls. The park is enjoyed throughout the year by both residents and visitors. There is also a designated leash-free zone for dogs located in Johnson Park. Events held in Johnson Park include:
• Family Camp Out
• Summer Concert Series
• Mayfest
Marble Falls Real Estate Highlights
On Tuesday, August 16, 2022, Marble Falls City Council approved the $750 million Legacy Crossing mixed-use development that will have over 1,300 homes, 250 multi-family units, and commercial and retail space. The community will cover 546 acres at the southeast corner of Highway 281 and State Highway 71.
According to the report, the site plans show the development will have over 800,000 square feet of retail and commercial space on 115 acres. An apartment complex named "Flatz 281" will develop 264 units on 13 acres of land, and 1,343 single-family homes will be placed on the remaining acreage.
Downtown Marble Falls will soon be home to The Ophelia Hotel Marble Falls, A Tapestry Collection by Hilton Hotel. The $36 million and nearly three-acre property is expected to open in early 2024, close to the banks of Lake Marble Falls.
Situated on Lake Marble Falls, the new hotel will feature:
• 123 Guest Rooms
• Over 9,000 Square Feet of Ballroom & Meeting Space
• Signature Restaurant, Bar, & Café
• Rooftop Bar & Dining
Marble Falls has launched a development effort aimed at coaxing more retail outlets into the community on land cleared off US 281 in the southern part of the city.
Panther Hollow Village will be comprised of several commercial development sites adjacent to an apartment complex, known as the Residences at Panther Hollow.
Preliminary plats at the location for the commercial development are prep for five retail/ restaurant pad sites. Two are currently under contract. The nearly 10-acre site is zoned for general commercial (GC) and has the potential to be subdivided into half a dozen lots with right- of-way for access and improvements.
Real estate brokers and developers hope to capitalize on the highway access and visibility as well as growth indicated by the area's new construction, sales tax receipts and the community's tourism draw.
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