House Description

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.

Highlights

Listed by Elsa Decker , (512) 771-6831 and Justin Jette , (512) 415-5297 Moreland Properties , (512) 480-0848. Austin MLS mls logo

Property Type

Residential

Lot/Acreage

1.67

Year Built

1950

County

Burnet

Area

Neighborhood

Rippy-Baker Sub

School District

Marble Falls ISD

Listing ID

4283530

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms

▪ Bedrooms:5
▪ Bathrooms:8
▪ Full Bathrooms:5
▪ 1/2 Bathrooms:3

Appliances:Built-In Oven, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s)

Floor:Concrete,Tile,Wood

Other:Main Level Primary,Recessed Lighting,Soaking Tub,Walk-In Closet(s)

Other:Public

Payment Calculator

Payment Breakdown

Principal Interest

$12,052

Taxes

$2,119

Home Price

$2,400,000

Home Price

Loan Details

30 yrs

6.434%

Interest Rate

Loan Type

Down Payment

20%

$480,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Monthly Price:

$12,052.49

Principal

Taxes

	Principal	Taxes	HOA	Total
Monthly	$12,052.49	$2,118.76	$0.00	$14,171.25
Yearly	$144,629.87	$25,425.17	$0.00	$170,055.04
Total	$4,338,895.96	$762,755.10	$0.00	$5,101,651.06