




$2,474,000
NAL Estimated Property Value259 Chimney Cove Dr, Marble Falls, TX, 78654
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About this property
Award-winning custom waterfront estate on 7.511 acres in the exclusive gated community of Chimney Cove Estates on Lake Travis. Completed in 2009 and recipient of the People’s Choice Award in the 2010 Parade of Homes, this extraordinary property blends luxury, privacy, and exceptional engineering approximately one hour from downtown Austin. Designed for entertaining and everyday comfort, the home features soaring ceilings, cove lighting, whole-home sound system, three indoor gas fireplaces, stained glass bathroom windows, plantation shutters, and walls of windows capturing breathtaking lake views. The gourmet kitchen is equipped with a Wolf 48” dual fuel range, SubZero refrigerator, beverage cooler, ice maker, walk-in pantry, butler’s pantry, and abundant pull-out storage throughout. Dedicated study offers optional 4th bedroom potential with adjoining office space suitable for future closet conversion. The luxurious primary suite offers spa-like amenities, private outdoor spa access, and an exceptional ensuite retreat overlooking the water. Outdoor living is equally impressive with electric sunshades, outdoor kitchen, wood-burning fireplace, and resort-style entertaining spaces designed to embrace the lakefront setting. Built with remarkable attention to safety and efficiency, the property includes stone construction, spray foam insulation, fire suppression systems, lightning rods, LED lighting, 4 tankless water heaters, and new metal roofs installed in 2024. Garages accommodate five vehicles including EV charging capability, plus a 44’ x 40’ barn with drive-through access and RV hookups. Extensive water infrastructure includes lake water and rainwater purification systems with over 37,000 gallons of storage, ozone purification, hydro-lift dock, wave runner lift, Trex decking, and stainless-steel anchor system designed to adjust with lake levels. Private, gated, and meticulously crafted for elevated Texas lakefront living just minutes from Marble Falls.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Marble Falls
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