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$1,423,000

1005 Colorado Dr, Marble Falls, TX, 78654

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$498.54 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Outdoor Grill

Building Information

Year Built2003
Garage Spaces2

Land Information

APN29544
Lot Number9A
SubdivisionMarble Falls City
Land UseResidential
Legal DescriptionS6130 MARBLE FALLS CITY LOT 9A BLK 281
Census Tract960701
Assessed Land Value$673,920
Assessed Improvement Value$612,676
Assessment Year2025

About this property

Must see this gorgeous home nestled on two lots with 80' +/- of waterfront on Lake Marble Falls. This home is going to make an amazing place for friends a family to gather. Take in the tranquility of sitting under the old pecan trees while looking out onto the lake. Beautiful wood flooring, a kitchen designed for entertaining. Custom home built by TILSON in 2003/2004. Four-zone sprinkler system with water coming from the lake, allowing for huge savings. Enjoy a safe picturesque walk to the community park and entertainment area. Walk to restaurants and shops.

Investor Tools

Property Icon
$1,423,000
Estimated Property Value
$920,000Estimated Mortgage Balance
$579,702Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,538 /month
Positive
Cash Flow Estimate:
$2,846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,246
$1,286,596
2025
$673,920
$612,676
$1,286,596
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,246
$1,286,596

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$920,000
No
First
Dec 6, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$844,874
$521,126
38%
59%
$5,516/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Marble Falls

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1005 Colorado Dr | Property Details | No Agent List