




$391,000
NAL Estimated Property Value700 5th Street, Marble Falls, TX, 78654
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About this property
Welcome to The Red Door Cottage, a beautifully restored 1950 gem located in the heart of downtown Marble Falls, just one block from Main Street’s shops, restaurants, and the iconic Blue Bonnet Cafe. Zoned both Residential and Commercial, this charming property offers endless possibilities ideal as a full-time residence, short-term rental, boutique, or office space. Completely remodeled in 2020, this 2-bedroom, 1-bath cottage was taken down to the studs and rebuilt with timeless finishes and modern systems, including a new roof, HVAC, plumbing, electrical, and appliances. The renovation preserved its historic charm with refinished original hardwood floors, the signature refurbished red front door, and a custom restored pocket door. The living room features reclaimed wood wall paneling and an inviting layout that flows into the stunning kitchen, complete with a large marble island, generous storage, and updated fixtures. The spacious bathroom offers a walk-in shower and contemporary finishes, complementing two comfortable bedrooms with ample closet space. Outdoors, the welcoming covered front porch provides the perfect spot to relax and enjoy morning coffee under the shade of mature trees. The covered back porch offers a cozy seating area ideal for outdoor dining or evening gatherings. The home sits on a shaded, oversized corner lot with a fenced backyard, offering room to expand or simply enjoy the quiet, peaceful surroundings. Formerly a highly rated Airbnb known as “The Red Door Cottage,” this property has a proven rental history and an unbeatable location which is peaceful yet just steps away from dining, shopping, and entertainment. Whether you envision a boutique storefront, professional office, or charming short-term rental, The Red Door Cottage combines style, comfort, and flexibility in one of Marble Falls’ most desirable downtown settings. *An adjacent lot is also available for sale, providing even more opportunity for expansion 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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