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$235,990

$249,950

Lot 7 - 8 Avenue E Ave, Marble Falls, TX, 78654

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About this property

INVESTMENT & DEVELOPMENT OPPORTUNITY-THE HEART OF MARBLE FALLS! 2 adjoining individually platted lots offering approximately 100' of combined frontage & a versatile footprint of roughly 100'X140'. Purchase and develop the lots individually or combine to create a larger site for a single retail, professional office, service-oriented business, live-work or other neighborhood-scale commercial development. Zoned NC–Neighborhood Commercial, this property offers an attractive opportunity for investors, developers, builders and owner-users seeking a visible and conveniently located site near Historic Downtown MF, the lake, H-E-B, restaurants, shopping, schools, medical services and the growing 281 & 1431 corridors. According to the City of Marble Falls, residential possibilities may also include a duplex with a conditional-use permit. One lot features a gently sloping, readily usable building area that may help simplify site planning and foundation design. The other is a similar building envelope, with additional elevation potentially needed only near a small portion of the right-rear corner. Together providing flexibility for building placement, parking, access, landscaping & future expansion. Water, sewer and electricity are reportedly available on one lot, offering a valuable head start toward development. Whether envisioned as two separate projects, a phased investment or one larger combined commercial location, this property presents multiple paths for creating long-term value in a growing Hill Country community. Bring your retail concept, professional practice, investment strategy or development vision and explore what this centrally located Marble Falls property can become. Buyer should independently verify all information, including lot dimensions, zoning, permitted and conditional uses, utility availability and connection costs, drainage, foundation design, setbacks, parking requirements and development approvals with the City of Marble Falls.

Investor Tools

$0Estimated Mortgage Balance
$235,990Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

Interested in this property?

Theadore Dicus

All City Real Estate Ltd. Co

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Financing Details

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

City: Marble Falls