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$355,000

NAL Estimated Property Value

700 5th St, Marble Falls, TX, 78654

SoldInfo
7/01/26
Baths1,214 Sq Ft
OtherOther
price_per_sqft$295.72 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
FlooringWood

Exterior

Exterior FeaturesSprinkler Irrigation
Lot Size8,398 sqft

Building Information

Year Built1950
Garage Spaces2

Land Information

APN28408
Lot Number10,A
SubdivisionMarble Falls City
Land UseResidential
Legal DescriptionS6130 MARBLE FALLS CITY LOT 10-A BLK 15
Census Tract960701
Assessed Land Value$75,600
Assessed Improvement Value$229,400
Assessment Year2025

About this property

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.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$219,339Estimated Mortgage Balance
$135,661Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,046
$305,000
2025
$75,600
$229,400
$305,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,046
$305,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Option One Mortgage Corp
Unknown
$95,000
No
First
Jan 3, 2007
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,339
$135,661
38%
62%
$1,620/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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700 5th St | Property Details | No Agent List