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$399,000

1506 Ocotilla Dr, Marble Falls, TX, 78654

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,719 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.75 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size22,499 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN32952
Lot Number89
SubdivisionNorthwood Acres
Land UseResidential
Legal DescriptionS6660 NORTHWOOD ACRES LOT 89 & S 60 FT OF LOT 90, SEC 2
Census Tract960702
Assessed Land Value$56,250
Assessed Improvement Value$342,281
Assessment Year2025

About this property

Welcome home to this spacious 4-bedroom, 3-bath brick home offering 2,720 square feet of living space in the heart of Marble Falls. Situated on over half an acre, this property combines generous indoor living areas with a beautiful, established outdoor setting featuring multiple large mature trees and inviting patios. Inside, you’ll find an abundance of space for family life and entertaining, including two large family rooms and two fireplaces that create warm and welcoming gathering spaces. The home’s flexible layout offers plenty of room for everyone, with ample potential to make the space your own. The property also features a two-car garage with an additional workshop, providing excellent space for projects, hobbies, storage, or extra workspace. Located conveniently close to elementary schools, practice fields, H-E-B, and the amenities of Marble Falls, this home offers both convenience and room to spread out. The large lot, mature trees, multiple outdoor patios, and generous interior make this a wonderful opportunity for a family looking for space in a desirable location. With its solid brick construction, expansive floor plan, oversized lot, and incredible potential, this is a home you won’t want to miss. Come see all that this Marble Falls property has to offer!

Investor Tools

$179,364Estimated Mortgage Balance
$216,636Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Chad Thibodeaux

RE/MAX HORSESHOE BAY RESORT SA

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,519
$379,702
2025
$56,250
$342,281
$398,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,519
$379,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Internet Mortgage Inc
Conventional
$216,800
No
First
Mar 9, 2018
Apr 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,364
$211,636
54%
45%
$1,300/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.

Explore Texas Explore This Area
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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1506 Ocotilla Dr | Property Details | No Agent List