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 Details
- Interior
- Main Level Primary, Recessed Lighting, Soaking Tub, Walk In Closets
- Fireplaces
- 2
- Cooling
- 1
- Heating
- Central
- Cooling Features
- Central Air
- Bedrooms
- 5
- Bathrooms
- 6.5
- Full Baths
- 5
- Half Baths
- 3
- View
- Lake,Trees Woods,Water
- Lot Features
- Back Yard, Corner Lot, Sloped Down, Front Yard, Private, Views
- Lot Description
- Back Yard, Corner Lot, Sloped Down, Front Yard, Private, Views
- Exterior Features
- Boat Lift, Boat Slip, Dock, Private Yard
- Exterior Materials
- Boat Lift, Boat Slip, Dock, Private Yard
- Acres
- 0.0
- Square Feet
- 5184.0
- Lot Size (sqft)
- 1.67
- Parking Features
- Additional Parking, Attached, Garage, Rv Access Parking, Workshop In Garage
- Parking
- 1
- Parking Spaces
- 10.0
- Parking Type
- Garage
- Parking Garage Spaces
- 7.0
- Property Type
- Purchase
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1950
- Foundation
- Slab
- Roof
- Membrane, Metal
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Appliances
- Built In Oven, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Range Hood, Stainless Steel Appliances
- Subdivision
- Rippy-Baker Sub
- School District
- Marble Falls ISD
- Elementary School
- Colt
- Middle School
- Marble Falls
- High School
- Marble Falls
- County
- Burnet
- Region
- Marble Falls
- Original List Price
- $2,400,000
- Days on Market (Cumulative)
- 109
- Taxes Annual
- $25,425
Location
Legal
Based on information submitted to the MLS GRID as of 2026-05-27T21:49:26Z UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Provided By
Listed by Elsa Decker (#454766)
Listing Office: Moreland Properties (#017J)
