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$5,853,387

23515 Paradise Cv, Marble Falls, TX, 78654

Off MarketInfo
Beds8 Beds
Baths10 Bath
Baths15,375 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$324.88 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 10Bathrooms Full 10
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Refrigerator, Trash Compactor
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Dock, Private Yard
Lot Size12.67 acres

Building Information

Year Built2000
Stories2
Roof Type104
Garage Spaces5

Land Information

APN01769503120000
Lot Number7-9
SubdivisionParadise Cove
Land UseResidential
Legal DescriptionLOT 7-9 PARADISE COVE
Census Tract036400
Assessed Land Value$1,188,000
Assessed Improvement Value$4,665,387
Assessment Year2025

About this property

Just 45 minutes from downtown, this spectacular 12acre estate perched on Lake Travis transcends the Hill Country…whisking you off to a stately chateau. With grand formal living areas, bubbling waterfalls, immaculate landscapes, and a refreshing negative edge pool and spa overlooking 800ft+ of waterfront, this incredible home offers all the privacy and luxurious amenities that one could dream of.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$5,853,387
Estimated Property Value
$2,987,000Estimated Mortgage Balance
$3,340,569Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$35,120 /month
Positive
Cash Flow Estimate:
$11,707 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,577/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,662
$5,853,387
2025
$1,188,000
$4,665,387
$5,853,387
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,662
$5,853,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$2,987,000
No
First
Jul 9, 2018
Jul 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,512,818
$3,951,182
61%
43%
$17,909/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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23515 Paradise Cv | Property Details | No Agent List