




$355,000
NAL Estimated Property Value700 5th St, Marble Falls, TX, 78654
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Taking Back-ups ~ Showings Still Available! Welcome to The Red Door Cottage, a fully renovated 1950 property ideally positioned in the heart of downtown Marble Falls, just one block from Main Street’s restaurants, shops, and the iconic Blue Bonnet Cafe. Zoned Neighborhood Commercial, this property provides exceptional versatility - perfect for a professional office, boutique, wellness studio, or live/work space. Its prime corner location, ample parking, and pedestrian-friendly setting create endless opportunities for both business and residential use. Originally constructed in 1950 and completely remodeled in 2020, the building was taken down to the studs and rebuilt with modern systems and timeless design. Improvements include a new roof, HVAC, plumbing, electrical, and appliances, while the renovation preserved key elements of its character - refinished original hardwood floors, the signature red front door, and a custom restored pocket door. The inviting layout offers a flexible configuration suitable for office or residential use, featuring two private rooms, a full bath, and a light-filled common area accented by reclaimed wood paneling. The kitchen showcases a large marble island, abundant storage, and updated fixtures - ideal for a break area, client hospitality space, or residential convenience. Outdoors, the property offers both a covered front porch and rear porch, perfect for client entry or employee relaxation. The oversized, shaded corner lot includes a fenced backyard and space for potential expansion or additional parking. Formerly operated as a highly rated short-term rental known as “The Red Door Cottage,” the property has a proven income history and strong curb appeal, making it a standout opportunity in one of Marble Falls’ most desirable downtown locations. An adjacent lot is also available for sale, offering potential for future growth or additional development.
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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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