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$604,000

NAL Estimated Property Value

311 Avenue Ave E, Marble Falls, TX, 78654

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,838 Sq Ft
price_per_sqft$263.92 / sqft
Year BuiltBuilt in 1893

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
AppliancesBuilt-In Refrigerator, Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Gas Oven
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size15,189 sqft

Building Information

Year Built1893
Garage Spaces1

Land Information

APN28469
Lot Number7,A
SubdivisionMarble Falls City
Land UseResidential
Legal DescriptionS6130 MARBLE FALLS CITY LOT 7-A BLK 22
Census Tract960701
Assessed Land Value$57,267
Assessed Improvement Value$738,956
Assessment Year2025

About this property

This beautifully remodeled Victorian gem (3 bed / 2 bath) is nestled in the heart of Marble Falls, just two blocks from the world-famous Bluebonnet Cafe and within walking distance of Main Street’s restaurants, beer halls, and live music venues. Located near five area lakes, top-rated schools, grocery stores, and the brand-new Baylor Scott & White hospital, this home offers both convenience and charm. Originally built in 1893, this home showcases exquisite longleaf pine construction, original hardwood floors, and 10-foot ceilings with elegant crown molding. Large original wooden windows, along with leaded and stained glass accents, flood the home with natural light. The kitchen features a striking arched window, creating a warm and inviting space that opens into the spacious living and dining areas—perfect for gatherings and entertaining. Outdoor living shines with multiple sprawling decks, including a third-floor deck offering breathtaking views of the Texas Hill Country. The oversized lot is shaded by majestic oak, elm, and pecan trees, creating a serene retreat. A charming old cabin on the property also provides the perfect studio or work-from-home space. This rare find blends history, character, and modern updates, making it an exceptional place to call home.

Investor Tools

Property Icon
$604,000
Estimated Property Value
$167,281Estimated Mortgage Balance
$436,719Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$833/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,975
$481,920
2025
$57,267
$738,956
$796,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,975
$481,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lenderfi Inc
Conventional
$192,270
No
First
Sep 4, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,281
$436,719
72%
28%
$1,153/mo

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.

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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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311 Avenue Ave E | Property Details | No Agent List