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$82,830

NAL Estimated Property Value

328 Cedar Mountain Dr, Marble Falls, TX, 78654

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size3 acres

Land Information

APNR83184
Lot Number189
SubdivisionSummit Springs Ranch
Land UseAgriculture / Farming
Legal DescriptionSUMMIT SPRINGS RANCH, LOT 189, ACRES 3.
Census Tract950102
Assessed Land Value$82,830
Assessment Year2025

About this property

Don’t miss this rare opportunity to own a prime 3-acre homesite in the highly sought-after gated community of Summit Springs. Nestled at a higher elevation on 328 Cedar Mountain Drive, this beautifully shaped lot offers expansive Hill Country views, breathtaking sunsets, and the perfect blend of open space, privacy, and peaceful wooded terrain. A wet-weather creek lines the back of the property, and naturally worn wildlife trails meander through the trees, creating an ideal setting for your custom retreat. Located within an 850-acre gated community, Summit Springs is known for its rolling topography, Ag exemption, and low 1.34% tax rate—a rare combination for acreage living in the Hill Country. More than half of the privately owned homesites have already been built, making this a vibrant and active neighborhood of custom homes, friendly neighbors, and scenic surroundings. Wildlife lovers will appreciate the roaming Blackbuck Antelope, and the soon-to-arrive Arabian Oryx, which add a truly unique charm to the community. Utilities include water by Corix and electricity by PEC, and there is no time limit to build, giving you the flexibility to design your forever home when the time is right. Summit Springs offers the quiet seclusion of country living with the convenience of being just minutes from the shops, restaurants, and amenities of Marble Falls, and within easy reach of the exciting new development at Thomas Ranch, which will bring even more retail and dining options to the area. Whether you're envisioning a private Hill Country getaway or your dream homestead, this lot delivers the space, views, and lifestyle you’ve been searching for.

Investor Tools

Property Icon
$82,830
Estimated Property Value
$56,041Estimated Mortgage Balance
$27,103Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
$842/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,120
$82,830
2025
$82,830
N/A
$247,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,120
$82,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Open End Mortgage / Open End With Future Advance Clause
$71,920
No
First
Nov 30, 2015
Jan 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,041
$26,789
32%
68%
$432/mo

City: Marble Falls

328 Cedar Mountain Dr | Property Details | No Agent List