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A+
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$540,467

122 County Road 402, Marble Falls, TX, 78654

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$681.39 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDryer, Microwave, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size21.46 acres

Building Information

Year Built1997
Garage Spaces2

Land Information

APN55285
SubdivisionWm. Roberts
Land UseResidential
Legal DescriptionABS A0714 WM. ROBERTS, 21.455 ACRES
Census Tract960803
Assessed Land Value$47,521
Assessed Improvement Value$492,946
Assessment Year2025

About this property

Welcome to the River Pasture Ranch on the Colorado River in Burnet County, Texas. This prime piece of gorgeous Texas Hill Country is perfectly situated about 35 minutes west of Austin and just a few minutes from downtown Marble Falls, Baylor Scott and White Hospital and The Horseshoe Bay Resort. With just over 21 acres of ag-exempt land made up of lush hay fields, a shady grove of mature pecan trees and over 830 feet of expansive frontage on the Colorado River you will be hard pressed to find a better place to escape too in central Texas. There is a well kept 3 bedroom rock home overlooking the river with ample room for friends and guests to enjoy this special property all year around. Hunting, fishing, swimming, kayaking or simply gathering all in this very private setting just past the edge of town; a place to get away….. unplug and unwind yet close enough to give you full access to the amenities you are accustomed too. There is a small pond on the property to provide water for livestock and wildlife and a pole barn to keep your equipment and toys out of the elements. So much to do here on this incredible piece of Texas land with so much to offer. Load up the family and head out to the Texas hill country. This one is well worth the short drive

Investor Tools

Property Icon
$540,467
Estimated Property Value
$0Estimated Mortgage Balance
$540,467Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,824
$540,467
2025
$47,521
$492,946
$1,485,326
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,824
$540,467

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$540,467
100%
0%
$0/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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122 County Road 402 | Property Details | No Agent List