See Home Value
Burnet 78654
259 Chimney Cove DR
$2,475,000
● House - Off Market

259 Chimney Cove DR

Marble Falls, TX 78654
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,949 Ft²
$15,304
Est. Monthly

About This Property

Award-winning custom waterfront estate on 7.511 acres in the exclusive gated community of Chimney Cove Estates on Lake Travis. Completed in 2009 and recipient of the People's Choice Award in the 2010 Parade of Homes, this extraordinary property blends luxury, privacy, and exceptional engineering approximately one hour from downtown Austin.

Designed for entertaining and everyday comfort, the home features soaring ceilings, cove lighting, whole-home sound system, three indoor gas fireplaces, stained glass bathroom windows, plantation shutters, and walls of windows capturing breathtaking lake views. The gourmet kitchen is equipped with a Wolf 48" dual fuel range, SubZero refrigerator, beverage cooler, ice maker, walk-in pantry, butler's pantry, and abundant pull-out storage throughout. Dedicated study offers optional 4th bedroom potential with adjoining office space suitable for future closet conversion.

The luxurious primary suite offers spa-like amenities, private outdoor spa access, and an exceptional ensuite retreat overlooking the water. Outdoor living is equally impressive with electric sunshades, outdoor kitchen, wood-burning fireplace, and resort-style entertaining spaces designed to embrace the lakefront setting.

Built with remarkable attention to safety and efficiency, the property includes stone construction, spray foam insulation, fire suppression systems, lightning rods, LED lighting, 4 tankless water heaters, and new metal roofs installed in 2024. Garages accommodate five vehicles including EV charging capability, plus a 44' x 40' barn with drive-through access and RV hookups.

Extensive water infrastructure includes lake water and rainwater purification systems with over 37,000 gallons of storage, ozone purification, hydro-lift dock, wave runner lift, Trex decking, and stainless-steel anchor system designed to adjust with lake levels. Private, gated, and meticulously crafted for elevated Texas lakefront living just minutes from Marble Falls.
Unit Size
4,949 Ft²
Days on Market
-
Land Size
7.51 acres
Price per sqft
$500
Property Type
House
Property Taxes
$3,151
HOA Dues
-
Year Built
2009

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Last updated: 3 months ago (Unlock MLS #ACT9807345)

Price History

Date / Event Date Event Price
Jul 16, 2026 In contract -
In contract
Jun 9, 2026 Listed by eXp Realty, LLC $2,475,000
Listed by eXp Realty, LLC
May 1, 2026 No longer available -
No longer available
Apr 30, 2026 Price Decreased $2,499,000
↓ $150K (5.7%)
Price Decreased
Feb 26, 2026 Price Decreased $2,649,000
↓ $51K (1.9%)
Price Decreased
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 3,201
  • Parking Space Count: 12
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 327,180
  • Total Building Area: 9,099
  • Gross Building Area: 9,099
  • Building Area: 5,898
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 5,898
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHIMNEY COVE ESTATES
  • Land Acres: 0000007511
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: S3656 CHIMNEY COVE ESTATES LOT 36-A

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960803

Geography

  • Assessors Map Reference: 81-C8
  • Parcel: 9678
  • Lot: 36-A
  • Municipality: MARBLE FALLS
  • Latitude: 30.5389
  • Longitude: -98.1353

    Address

  • Full Address: 259 Chimney Cove Dr
  • Address - House Number: 259
  • Address - Street Name: Chimney Cove
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Marble Falls
  • Carrier Code: H008
  • 4-Digit Zip Code: 3665
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,748,708
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 1,609,406
  • High Value: 2,117,606
  • Low Value: 1,101,205

    Market Valuation

  • Market Total Value: $2,949,083
  • Market Land Value: $600,880
  • Market Improvement Value: $2,348,203

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,277,605

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burnet


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Frequently Asked Questions

When was property at 259 Chimney Cove Drive built and last sold?
The property at 259 Chimney Cove Drive was built in 2009 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 259 Chimney Cove Drive is $2,438,044.
What are some comparable homes to 259 Chimney Cove Drive?
There are currently no comparable homes to 259 Chimney Cove Drive.