$505,000
●
House -
In Contract
494 Cedar Mountain DR
Marble Falls, TX 78654
3 Beds
2 Baths
2,311 Ft²
$3,196
Est. Monthly
$67
HOA / Fees
About This Property
Located in the gated subdivision of Summit Springs, this 3-bedroom,
2-bath home offers 2,311 sq ft of thoughtfully designed living
space on 3.25 acres. Built in 2017, the home features high ceilings
throughout, laminate flooring, granite countertops, stainless steel
appliances, a dedicated office, a versatile loft that serves as a
bonus room, a tankless water heater, and an owned water
softener.
The primary suite includes his and her walk-in closets, separate granite-topped vanities, a soaking tub, and a separate walk-in shower, while the secondary bathroom also offers dual vanities for added convenience.
A large covered front porch and the 3.25-acre property provide so much potential for outdoor living, entertaining, or future enhancements, all within a peaceful Hill Country setting.
The primary suite includes his and her walk-in closets, separate granite-topped vanities, a soaking tub, and a separate walk-in shower, while the secondary bathroom also offers dual vanities for added convenience.
A large covered front porch and the 3.25-acre property provide so much potential for outdoor living, entertaining, or future enhancements, all within a peaceful Hill Country setting.
Unit Size
2,311 Ft²
Days on Market
-
Land Size
3.25 acres
Price per sqft
$219
Property Type
House
Property Taxes
$649
HOA Dues
$67
Year Built
2017
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 16 days ago (Unlock MLS #ACT9541600)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$505,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by eXp Realty, LLC | $515,000 | |
| Listed by eXp Realty, LLC | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Attached, Concrete, Covered, Driveway, Garage, Garage Door Opener, Garage Faces Side, Off Street, Side By Side
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, Double Vanity, Eat-in Kitchen, High Speed Internet, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Ceiling-High, Ceiling-Vaulted, Primary Bedroom on Main, Two Primary Closets
Appliances: Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Oven, Free-Standing Gas Oven, Gas Oven, Plumbed For Ice Maker, Range, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater, Tankless Water Heater, Water Softener, Water Softener Owned
Flooring Type: Laminate
Has Fireplace
Fireplace Features: Family Room, Living Room, Propane
Fireplaces: 1
Exterior Details
Square Footage: 2311
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2017
Waterfront Features: None
Levels: One and One Half
Other Structures: None
Window Features: Double Pane Windows, Insulated Windows, Vinyl Windows
Construction Materials: Brick
Patio and Porch Features: Covered, Front Porch, Porch
Pool Features: None
Lot Features: Native Plants, Steep Slope, Wooded
Lot Size Area: 141570
Lot Size Units: Square Feet
Lot Size Acres: 3.25
Lot Size Square Feet: 141570
Lot Size Dimensions: 584x123x96x58x519x319
Water Source: See Remarks
Financial Details
Tax Map Number: 211
Tax Assessed Value: $579,082
Tax Annual Amount: $7,789
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric, Fireplace(s), Heat Pump, Hot Water, Propane
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $800
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Burnet
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Listed by: Kayla Runge
Listed Office: eXp Realty, LLC - Listing courtesy of Unlock MLS
Phone: (888) 519-7431
Last Updated: 2026-09-16 04:08:23
Data Source: Unlock MLS, MLS# ACT9541600
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: eXp Realty, LLC - Listing courtesy of Unlock MLS
Phone: (888) 519-7431
Last Updated: 2026-09-16 04:08:23
Data Source: Unlock MLS, MLS# ACT9541600
Based on information from Unlock MLS (alternatively, from ACTRIS). 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. 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. Some IDX listings have been excluded from this website.
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