5
Map
$259,000
●
Land -
For Sale
711-3 Avenue N
Marble Falls, TX 78654
Studio
0 Bath
$1,470
Est. Monthly
About This Property
This raw 1.2 +/- acre property offers excellent development
potential in the heart of Marble Falls. The property is situated
along a major thoroughfare, connecting the Meadow lakes golf and
waterfront community to Marble Falls Elementary and Middle Schools.
It is conveniently located near major retail hubs like HEB and Home
Depot. This site is highly accessible and well-positioned for a
variety of uses. As one of the fastest-growing areas in the
country, this property presents a valuable opportunity for
investment and development.
Unit Size
-
Days on Market
-
Land Size
1.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$198
HOA Dues
-
Year Built
-
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: 5 months ago (Unlock MLS #ACT8807727)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2026 | Listed by Topper Real Estate | $259,000 | |
| Listed by Topper Real Estate | |||
| Mar 17, 2026 | Relisted | $849,995 | |
| Relisted | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$849,995
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Nov 11, 2024 | Listed by Topper Real Estate | $899,995 | |
| Listed by Topper Real Estate | |||
   | |||
|
This raw 3.08 +/- acre property offers excellent development potential in the heart of Marble Falls. The property is situated along a major thoroughfare, connecting the Meadow lakes golf and waterfront community to Marble Falls Elementary and Middle Schools. It is conveniently located near major retail hubs like HEB and Home Depot. This site is highly accessible and well-positioned for a variety of uses. As one of the fastest-growing areas in the country, this property presents a valuable opportunity for investment and development.
| |||
Property Highlights
Exterior Details
Property Condition: See Remarks
Waterfront Features: None
Other Structures: None
Lot Features: None
Lot Size Area: 52272
Lot Size Units: Square Feet
Lot Size Acres: 1.2
Lot Size Square Feet: 52272
Financial Details
Tax Assessed Value: $135,255
Tax Annual Amount: $2,378
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 Marble Falls
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Listed by: Rodney Topper
Listed Office: Topper Real Estate - Listing courtesy of Unlock MLS
Phone: (830) 868-4663
Last Updated: 2026-06-10 04:14:16
Data Source: Unlock MLS, MLS# ACT8807727
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Topper Real Estate - Listing courtesy of Unlock MLS
Phone: (830) 868-4663
Last Updated: 2026-06-10 04:14:16
Data Source: Unlock MLS, MLS# ACT8807727
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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