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$247,850

407 Cedar Mountain DR, Marble Falls, TX, 78654

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3 acres

Land Information

APNR83140
Lot Number120
SubdivisionSummit Springs Ranch
Land UseVacant Land
Legal DescriptionSUMMIT SPRINGS RANCH, LOT 120, ACRES 3.
Census Tract950102
Assessed Land Value$247,850
Assessment Year2025

About this property

Welcome to Summit Springs! This three-acre lot is build-ready with electric and water access and offers show-stopping hill country views with an exceptionally LOW TAX RATE due to its Ag Exemption which preserves the Black Buck Antelope that freely roam this exclusive gated community. Located just west of Austin between Spicewood and Marble Falls, this lot offers an idyllic canvas for you to build your very own custom home or to partner with a builder that offers “Build on Your Lot” products. Conveniently situated between two Baylor Scott & White Medical Center campuses (Marble Falls/Lakeway), yet set apart from the hustle and bustle of city life - this premium location is a homeowner’s dream come true! From the exclusive allure of a gated entrance to well-maintained asphalt roads and access to private utilities, every aspect is tailored to enhance your comfort and ease of living. Fine dining, shopping, entertainment and amenities are a short drive away in two directions – West to Marble Falls and East to Spicewood/BeeCave/Lakeway. Enjoy Hill Country Living without sacrificing convenience in Summit Springs Ranch!

Investor Tools

Property Icon
$247,850
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,487 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
$737/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,351
$247,850
2025
$247,850
N/A
$247,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,351
$247,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank And Trust Co
Building Or Construction Loan
$1,000,000
No
First
Aug 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$989,813
N/A
0%
399%
$5,996/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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