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$395,000

188 Turkey Run, Marble Falls, TX, 78654

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,886 Sq Ft
price_per_sqft$209.44 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Free Standing Refrigerator, Gas Cooktop, Disposal, Oven, Washer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNo Exterior Steps, Outdoor Grill, Private Yard
Lot Size9,627 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN30648
Lot Number829
SubdivisionMeadowlakes
Land UseResidential
Legal DescriptionS6160 MEADOWLAKES LOT 829, SEC 3
Census Tract960600
Assessed Land Value$77,000
Assessed Improvement Value$278,000
Assessment Year2025

About this property

Newly remodeled! Welcome to your serene retreat at 188 Turkey Run in Marble Falls, TX! This delightful single-family home offers a perfect blend of comfort, relaxation, and convenience. With 1,886 square feet of thoughtfully designed living space, this 3-bedroom, 2-bathroom home is perfect for creating lasting memories. Step inside to discover tile floors that flow throughout the home, ensuring easy maintenance and timeless style. The spacious kitchen is a chefs delight, complete with a breakfast bar, cooktop, electric oven, range, and refrigerator. A cozy fireplace in the living area offers the perfect spot to unwind and relax. Outside, the private yard provides a tranquil escape, ideal for enjoying your morning coffee or hosting gatherings on the inviting porch. As part of the community, residents can access a communal pool for refreshing swims on warm days, along with a tennis court and common outdoor areas for recreation and leisure. Boat launch access to lake Marble Falls! Practical features include a washer and dryer in the unit, central heating and air conditioning for year-round comfort, and an attached garage for added convenience. Nestled behind a security gate, this property combines privacy and peace of mind. Dont miss the chance to call 188 Turkey Run your new home! Schedule a tour today and experience the charm and comfort this Marble Falls gem has to offer.

Investor Tools

$226,369Estimated Mortgage Balance
$149,977Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
$33/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,714
$355,000
2025
$77,000
$278,000
$355,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,714
$355,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$251,750
No
First
Jan 29, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,369
$154,631
40%
60%
$1,510/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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