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$199,000

328 Cedar Mountain Dr, Marble Falls, TX, 78654

On 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

Build your custom Hill Country retreat on this elevated 3-acre homesite in the gated acreage community of Summit Springs, offering long-range views, privacy, and no timeline to build. Located on one of the highest-elevation lots on Cedar Mountain Drive, this beautiful lot features mature trees, a wet-weather creek along the back of the property, and natural wildlife trails that create a peaceful, scenic setting. Summit Springs is an approximately 850-acre gated community known for its rolling topography, spacious homesites, and custom-built homes. Enjoy the benefits of an Ag exemption and a low 1.34% tax rate, a rare combination for Hill Country acreage living. With many homes already completed, the neighborhood offers a welcoming sense of community while still maintaining the space and serenity buyers are looking for. Wildlife enthusiasts will appreciate the roaming Blackbuck Antelope and Arabian Oryx, adding to the unique charm of the area. Utilities include Corix water and PEC electric, and the flexibility to build on your timeline allows you to secure the property now and design your home when the time is right. Build your custom home now, or wait and build a barndominium for weekend getaways! Conveniently located just minutes from Marble Falls shopping, dining, and everyday amenities, with easy access to nearby Hill Country attractions and future growth at Thomas Ranch, this homesite offers the perfect blend of privacy, views, and convenience. If you’ve been searching for a scenic, build-ready acreage property in one of the area’s most desirable gated communities, this is an opportunity you don’t want to miss.

Investor Tools

$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
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Sheila White

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
$899/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