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$5,500,000

4820 N Us Highway 281, Marble Falls, TX, 78654

On MarketInfo
Beds— Beds
Baths2 Bath
Baths1,852 Sq Ft
price_per_sqft$2,969.76 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
FlooringCarpet

Exterior

Lot Size1 acre

Building Information

Year Built1965
Garage Spaces2

Land Information

APN57283
SubdivisionLogan Vandivier
Land UseResidential
Legal DescriptionABS A0928 LOGAN VANDIVIER, TRACT 7, 1.0 ACRES
Census Tract960702
Assessed Land Value$23,083
Assessed Improvement Value$195,469
Assessment Year2025

About this property

4820 N Hwy 281 offers approximately 27 acres of prime development land just north of downtown Marble Falls with direct frontage on US Highway 281. Positioned along one of the fastest-growing corridors in the Texas Hill Country, the property offers exceptional potential for commercial, mixed-use, multifamily, hospitality, RV park, or residential development. The site consists of two contiguous tracts with General Commercial and Residential development potential, creating flexibility for investors, developers, and owner-users. Located between Austin and the Highland Lakes region, the area continues attracting relocations, tourism, retirees, and expanding retail and service businesses. The property also includes an existing 3 bed, 2 bath home of approximately 1,800 SF that could serve as a short-term rental, office, or private retreat.

Investor Tools

$0Estimated Mortgage Balance
$628,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$33,000 /month
Positive
Cash Flow Estimate:
$11,000 /month

Interested in this property?

Elizabeth Kyser

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,772
$218,552
2025
$23,083
$195,469
$218,552
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,772
$218,552

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$560,000
100%
0%
$0/mo

City: Marble Falls

4820 N Us Highway 281 | Property Details | No Agent List