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Burnet 78654
493 Chimney Cove DR
$949,900
● House - Off Market

493 Chimney Cove DR

Marble Falls, TX 78654
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,325 Ft²
$5,340
Est. Monthly
$63
HOA / Fees

About This Property

Experience the best of Lake Travis living with this exceptional lakefront property offering 4 bedrooms, 2 bathrooms, 2,325 square feet, and over 5+/- acres with 306+/- feet of waterfront. Approximately three acres are perimeter fenced and accessed through a striking masonry entry with a commercial-grade automatic gate, providing both privacy and convenience. The property also allows for up to two horses, adding to its versatility and appeal.

The open-concept layout captures stunning Hill Country views through expansive windows. The spacious living area features a custom granite-tile fireplace with a hearth and mahogany mantel, flowing seamlessly into the island kitchen. Kitchen offers stainless steel appliances, granite countertops, decorative tile backsplash, custom-built cabinetry, a built-in desk, and a breakfast bar. Granite tile flooring runs throughout the home except one bedroom.

The owners' retreat includes patio access and an ensuite bath with dual vanities, a jetted tub, separate shower, and custom cabinetry. Three additional bedrooms share a full bath. The home is equipped with two independent central air systems, two independent propane heating systems, and two tankless water heaters for enhanced efficiency and year-round comfort.

The covered back patio is ideal for relaxing or entertaining, complete with three ceiling fans, TV hookup, propane connection, and two New Orleans gas lanterns. A paved driveway leads to an outbuilding and continues to the lake, where a concrete ramp provides access to the private boat dock.

Additional features include outdoor street-lamp-style lighting, RV outlet access, and two water systems: a 30,000+/- gallon rainwater collection system with filtration and UV sanitation, plus a lake water system with pump, 2,500+/- gallon holding tank, filtration, and ozone sanitation.

The covered dock includes a lift and storage closet with refrigerator and microwave. A rare blend of privacy, function, and lakefront living.
Unit Size
2,325 Ft²
Days on Market
-
Land Size
5.01 acres
Price per sqft
$409
Property Type
House
Property Taxes
$612
HOA Dues
$63
Year Built
2002

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Last updated: 5 months ago (Unlock MLS #ACT9042777)

Price History

Date / Event Date Event Price
May 27, 2026 In contract -
In contract
May 13, 2026 Price Decreased $949,900
↓ $50K (5%)
Price Decreased
Mar 26, 2026 Listed by Watters International Realty $999,990
Listed by Watters International Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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: 924
  • Parking Space Count: 4
  • Patio Type: 12
  • Porch Type: 36
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 218,236
  • Total Building Area: 3,249
  • Gross Building Area: 3,249
  • Building Area: 2,325
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,325
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHIMNEY COVE ESTATES
  • Land Acres: 0000005010
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: S3656 CHIMNEY COVE ESTATES LOT 11 5.008

Neighborhood

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

Geography

  • Assessors Map Reference: 101-B2
  • Parcel: 9650
  • Lot: 11
  • Municipality: MARBLE FALLS
  • Latitude: 30.5293
  • Longitude: -98.1412

    Address

  • Full Address: 493 Chimney Cove Dr
  • Address - House Number: 493
  • Address - Street Name: Chimney Cove
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Marble Falls
  • Carrier Code: H008
  • 4-Digit Zip Code: 3339
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $628,393
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 1,108,981
  • High Value: 1,354,399
  • Low Value: 863,564

    Market Valuation

  • Market Total Value: $1,207,063
  • Market Land Value: $400,640
  • Market Improvement Value: $806,423

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,079

    Exemptions

  • 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 493 Chimney Cove Drive built and last sold?
The property at 493 Chimney Cove Drive was built in 2002 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 493 Chimney Cove Drive is $941,506.
What are some comparable homes to 493 Chimney Cove Drive?
There are currently no comparable homes to 493 Chimney Cove Drive.