See Home Value
$299,000
● House - Off Market

302 Avenue N

Marble Falls, TX 78654
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,780 Ft²
$2,199
Est. Monthly
8.86%
Cap Rate

About This Property

Historic Charm with Endless Potential – Zoned Neighborhood Commercial

Built in 1898, this remarkable home is one of Marble Falls' oldest residences and among the few structures to survive the 1920s fire. Once home to the eldest son of Marble Falls' first mayor and the grandson of Civil War hero General A.R. Johnson, it holds a special place in the city's history.

While the home has been updated over time, it still retains its original solid wood floors and historic character. With 4 bedrooms, 3 living areas, and 2.5 baths, the spacious layout offers plenty of room for transformation. Featuring 14-foot ceilings, a grand parlor, and multiple living spaces, the home is ready for a new owner to restore and customize it into something truly special.

Zoned Neighborhood Commercial, this property allows for residential or light commercial use, making it ideal for a home, office, or business. Sitting on .61 acres  it provides ample space for parking or expansion. Nestled along Backbone Creek and just minutes from HEB and Historic Downtown Marble Falls, this is a rare opportunity to own and revitalize a piece of local history.
Unit Size
2,780 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$108
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

Last updated: 2 years ago (Unlock MLS #ACT3059710)

Price History

Date / Event Date Event Price
Jul 3, 2025 Delisted -
Delisted
Jun 16, 2025 In contract -
In contract
May 31, 2025 Price Decreased $299,000
↓ $76K (20.3%)
Price Decreased
Mar 27, 2025 Price Decreased $375,000
↓ $50K (11.8%)
Price Decreased
Feb 26, 2025 Listed by Horseshoe Bay Living 2, LLC $425,000
Listed by Horseshoe Bay Living 2, LLC
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,600
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,780
  • Gross Building Area: 2,780
  • Building Area: 2,780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 2,780
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLE FALLS CITY
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S6130 MARBLE FALLS CITY LOT 3B BLK 197

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960701

Geography

  • Assessors Map Reference: 75-A
  • Parcel: 73400
  • Block: 197
  • Lot: 3B
  • Municipality: MARBLE FALLS
  • Latitude: 30.5753
  • Longitude: -98.2829

    Address

  • Full Address: 302 Avenue N
  • Address - House Number: 302
  • Street Segment Direction: N
  • Address - Street Name: Avenue
  • State: TX
  • City Name: Marble Falls
  • Carrier Code: C002
  • 4-Digit Zip Code: 5626
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $689,086
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 69
  • Final Value: 344,522
  • High Value: 421,761
  • Low Value: 267,283

    Market Valuation

  • Market Total Value: $490,098
  • Market Land Value: $48,888
  • Market Improvement Value: $441,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,098
  • Assessed Land Value: $48,888
  • Assessed Improvements Value: $441,210

    Sales

  • Current Sale Contract Date: Oct 07, 2013
  • Current Sale Recording Date: Oct 09, 2013
  • Current Sale Document Type: 15
  • Current Sale Input Document Number: 201308662
  • Previous Sale Recording Date: Jul 11, 2007
  • Previous Sale Contract Date: Jul 10, 2007
  • Previous Sale Amount: $56,300
  • Previous Sale Document Type: 70
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 Marble Falls


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1601-533 Mustang Drive, Marble Falls, TX, 78654

$1,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,007 ft²
1601-533 Mustang Drive, Marble Falls, TX, 78654 Listing by Adrian Venegas


Frequently Asked Questions

When was property at 302 Ave North built and last sold?
The property at 302 Ave North was built in 1930 and last sold on Oct 7, 2013 for $0.
How much is this home worth?
The estimated value of the home located at 302 Ave North is $0.
What are some comparable homes to 302 Ave North?
There are currently no comparable homes to 302 Ave North.