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$216,300

NAL Estimated Property Value

99 Main Street, Marble Falls, TX, 78654

Off MarketInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringSee Remarks

Exterior

Lot Size10,498 sqft

Building Information

Roof Type109

Land Information

APN29689
Lot Number11
SubdivisionMarble Falls City
Land UsePublic Works
Legal DescriptionS6130 MARBLE FALLS CITY LOT 11, 5' OF 12, & S 40X140 OF 1ST ST BEING ADJ TO 11 BLK 332
Census Tract960701
Assessed Land Value$210,000
Assessed Improvement Value$6,300
Assessment Year2025

About this property

99 Main Street Marble Falls Texas is a fully entitled 100 unit condo project. This 2-acre multi-family mixed-use opportunity is a corner property on Yett and Main Street in the heart of the downtown. Adjacent to Lakeside Park on Lake Marble Falls and 1 block from Hwy 281 with a 32,000 daily traffic count. Across the street from the future $30,000,000 boutique Hotel Conference Center. Revitalized downtown of shops and restaurants on Main Street, Marble Falls hospitality has outperformed the state by 50% in 2020 (per EDC). Downtown Zoning = 0 lot lines and 100% impervious coverage. Utilities in place and ready to take advantage of the recent and projected future growth of Marble Falls with 4,000 new rooftops planned for 2021. Seller is a licensed Real Estate Broker in the State of Texas.

Investor Tools

Property Icon
$216,300
Estimated Property Value
$0Estimated Mortgage Balance
$216,300Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,900 /month
Positive
Cash Flow Estimate:
$4,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$90/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$216,300
2025
$210,000
$6,300
$216,300
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$216,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$216,300
100%
0%
$0/mo

City: Marble Falls

99 Main Street | Property Details | No Agent List