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$639,000

23614 Midway Dr, Marble Falls, TX, 78654

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$639 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListMust-SellDeal ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Electric Water Heater
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Outdoor Grill
Lot Size1.01 acres

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces3

Land Information

APN01809202110000
SubdivisionBrandon W M
Land UseResidential
Legal DescriptionABS 47 SUR 1 BRANDON W M ACR 1.010
Census Tract036400
Assessed Land Value$216,920
Assessed Improvement Value$144,406
Assessment Year2025

About this property

Experience the peace of the Texas Hill Country at this beautifully renovated waterfront Lake Travis getaway on a rare deep-water cove. Surrounded by mature oak trees and stunning views, including those of Pace Bend Park directly across Lake Travis, 23614 Midway Dr offers the perfect blend of relaxation, recreation, and modern upgrades. Completely renovated from top to bottom (approximately $265,000 in improvements), this property features a move-in ready cabin with a bright open-concept layout, stylish finishes, updated flooring, modern fixtures, and thoughtfully designed living spaces throughout. The kitchen shines with shaker-style cabinetry, quartz countertops, stainless steel appliances, and a clean modern aesthetic, perfect for everyday living or weekend entertaining. A massive 24x36 metal garage/workshop provides ample room for boats, lake toys, or hobby space. Enjoy peaceful mornings fishing from the dock, evenings around the fire pit, and incredible sunsets. The beautifully landscaped grounds create a true resort-style atmosphere. The waterfront amenities are exceptional, including a renovated dock with boat lift and galvanized metal stairs. This will be included with the sale for an additional 25,000 investment. Spend your days boating, kayaking, paddleboarding, or simply enjoying the serene cove setting. This property is designed to maximize lake living. The nearby amenities aren’t bad, either – enjoy fine dining, wine tastings, or disc golf at nearby Flat Creek Estates Winery, enjoy hiking and birding in Balcones Canyonlands National Wildlife Refuge, and off-road adventures in Hidden Falls Adventure Park. You are also close to restaurants and shopping in both Lago Vista and Marble Falls. Whether you're searching for a full-time residence, vacation home, or short-term rental opportunity, this one-of-a-kind waterfront property combines modern comfort, extensive upgrades, and unforgettable outdoor living in the heart of the Texas Hill Country.

Investor Tools

Property Icon
$506,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$299,914Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,834 /month
Positive
Cash Flow Estimate:
$1,278 /month

Interested in this property?

Barbara Shallue

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,616
$361,326
2025
$216,920
$144,406
$361,326
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,616
$361,326

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$240,000
No
First
May 24, 2019
Jun 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,543
$253,457
55%
41%
$1,439/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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23614 Midway Dr | Property Details | No Agent List