




$1,399,999
$1,450,000
511 Chimney Cove Dr, Marble Falls, TX, 78654
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About this property
Nestled on 5 pristine acres with breathtaking Lake Travis/Colorado River frontage with an extraordinary blend of luxury, privacy, and natural beauty. This immaculate 5 bed, 5 bath estate is truly move-in ready, showcasing exceptional care and timeless appeal. From the moment you arrive through the gated entrance of this exclusive community, you’ll be captivated by the serene setting and stunning water views that surround the property. Enjoy the finished walk out basement leading to extra large covered porch overlooking the water with a large spa. For those needing extra space for adventure, the property includes a massive two story garage (40x40) and four 30 foot deep garage spaces to accommodate RV's, boats, jet skis, golf carts, and any other recreational vehicles. Rarely does a property combine luxury living, acreage, waterfront access, and an agricultural tax exemption so seamlessly. This is a one-of-a-kind opportunity to own a slice of Texas paradise in the heart of Marble Falls.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Marble Falls
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