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B+
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Days83Days on Market
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$575,000

602 County Road 131, Marble Falls, TX, 78654

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths930 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$618.28 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListMust-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDryer, Microwave, Range, Washer, Washer/Dryer, Washer/Dryer Stacked

Building Information

Year Built1960
Garage Spaces2

Land Information

APN38440
Lot Number112
SubdivisionShady Acres
Land UseResidential
Legal DescriptionS7530 SHADY ACRES LOT 112, SEC 2 AND .03 ACS ADJACENT TO SOUTH LINE OF LOT LOT
Census Tract960502
Assessed Land Value$420,000
Assessed Improvement Value$137,483
Assessment Year2025

About this property

Welcome to Shady Acres Barefoot Bungalow Retreat—a charming waterfront escape perfectly positioned on a quiet channel just moments from open water on Lake LBJ. Designed for relaxed lake living and effortless entertaining, this property offers a spacious screened-in porch with serene water views, 100 feet of waterfront, and expansive outdoor living areas. The well-appointed eat-in kitchen flows seamlessly into the living space, ideal for hosting or enjoying a quick breakfast before a day on the water. The chef will appreciate the recently refinished cabinetry (2020) and large picture window overlooking the lake. This solid rock 2-bedroom, 1-bath home also features a detached 2-car garage with workshop and storage space. Both the home and garage have durable metal roofs, and the garage door is only 2 years old. Inside, you’ll find fresh interior paint, updated flooring, and ceiling fans throughout, including the porch. A stylishly remodeled bathroom enhances the home, and a stackable washer and dryer add convenience. The property has never flooded, and both city and well water are available. Step outside to experience true lakefront living with a steel-constructed covered boathouse featuring a metal roof and electric lifts for 1 boat and 2 PWCs, keeping your watercraft protected and ready to enjoy. The retaining wall at the water’s edge offers the perfect setting for fishing, swimming, or simply unwinding. Whether enjoying the sun, relaxing in the shade, grilling with friends, or playing on the level lawn, this property is designed for making lasting memories. Ideally located in the heart of the Texas Hill Country on constant-level Lake LBJ, just minutes from golf courses, shopping, wineries, and approximately one hour from Austin.

Investor Tools

$0Estimated Mortgage Balance
$569,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Giles Summerlin

Lake LBJ Realty, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,500
$557,483
2025
$420,000
$137,483
$557,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,500
$557,483

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$593,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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602 County Road 131 | Property Details | No Agent List