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ActiveMLS #1777418

500 Lakeshore DR, Marble Falls TX 78654

Marble Falls, TX 78654 · Marble Falls City

Single Family Residence for sale in Marble Falls City

5Bedrooms
3Bathrooms
2,397Square Ft
0.57Acres
0Garage
1965Year Built
Price Reduced
1 / 40
$1,295,000$1,500,000

Overview

Property Description

Experience lakeside living at its finest in this beautifully updated waterfront home in Marble Falls, TX. Boasting 5 spacious bedrooms and 3 full bathrooms, this residence is designed for comfort and style, featuring modern finishes, relaxing colors, and breathtaking views of Lake Marble Falls. Step outside onto the expansive deck, perfect for relaxing, entertaining, or enjoying a sunrise over the water. The property includes a private boat dock, offering easy access to water activities, fishing, and boating adventures. The lush landscape and panoramic lake vistas create a serene backdrop for everyday life or weekend retreats. Located in the charming town of Marble Falls and in view of the Marble Falls bridge and the new Ophelia Hotel, this home combines scenic beauty with convenience. Walk to Downtown Marble Falls for shopping, dining and live music. Whether you're looking for a permanent residence, weekender, or short-term rental opportunities, this property provides incredible potential for both lifestyle and investment. View the comprehensive Marble Falls development plan to understand the incredible potential of this property! Don’t miss the opportunity to own this exceptional lakeside retreat — a perfect blend of luxury, location, and stunning natural surroundings.

Financial Info
Price
$1,295,000
$ / Sqft
$540
HOA
None
Tax Rate
1.758%
Est. Taxes
$25,317.99
Tax Year
2026
Exemptions
None
Legal Info
Address
500 Lakeshore DR
County
Burnet
City
Marble Falls
State
TX
Zip
78654
Subdivision
Marble Falls City
Legal Description
S6130 MARBLE FALLS CITY LOT 1R BLK 280
Parcel
29538
Interior Features
Floor
Tile, Wood
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry
Appliances
Built-In Gas Range, Dishwasher, Disposal, Exhaust Fan, Gas Range, Refrigerator, Washer/Dryer, Gas Water Heater
Laundry
Laundry Room
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), Quartz Counters, Double Vanity, Electric Dryer Hookup, Gas Dryer Hookup, Eat-in Kitchen, Kitchen Island, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Storage, Walk-In Closet(s), Washer Hookup, Wired for Data, Carbon Monoxide Detector(s), Smoke Detector(s), Bay Window(s), Vinyl Windows, Window Treatments
General Info
Beds
5 Total / 5 Main Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1965 / Updated/Remodeled
Square Feet
2,397 / Public Records
Garage Desc
Driveway
Foundation
Slab
Roof
Composition
Construction
Cement Siding, Stucco
Acres
0.57
Lot Description
Corner Lot, Level, Open Lot, Views
Restrictions
City Restrictions
Flood Plain
See Remarks
View
Lake
Water Access
Yes
Waterfront
Yes
Area
BU
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Boat Dock - Private, Boat Slip, Exterior Steps, Covered, Patio, Rear Porch
Pool On Property
No
Area Amenities
None

Rooms

Rooms2 rooms

Main level

  • Primary Bedroom

    Vaulted Ceiling(s), Walk-In Closet(s), Walk-in Shower

  • Kitchen

    Center Island, Open to Family Room

Price history

Members only
Days on market
−$205,000 (−13.7%)
$1,500,000 → $1,295,000
4
Price reductions
Active
Since Apr 17, 2026
Price trend
List priceApr 2026Jun 2026
Property history5 events
DateEventPriceChange
Jun 18, 2026Price Decrease$1,295,000−$50,000 (−3.7%)
Jun 4, 2026Price Decrease$1,345,000−$25,000 (−1.8%)
May 28, 2026Price Decrease$1,370,000−$25,000 (−1.8%)
May 7, 2026Price Decrease$1,395,000−$105,000 (−7%)
Apr 17, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Marble Falls ISD
Elementary
Marble Falls
Middle
Marble Falls
High
Marble Falls

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,295,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$9,737 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $9,737

Principal & interest
$6,548
Property taxes
$2,110
Homeowners insurance
$1,079

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,036,000$11,580$66,999$1,024,420
2$1,024,420$12,355$66,224$1,012,065
3$1,012,065$13,183$65,396$998,883
4$998,883$14,065$64,513$984,817
5$984,817$15,007$63,571$969,810
6$969,810$16,013$62,566$953,797
7$953,797$17,085$61,494$936,712
8$936,712$18,229$60,350$918,483
9$918,483$19,450$59,129$899,033
10$899,033$20,753$57,826$878,281
  • Year 1$1,024,420
    Principal paid
    $11,580
    Interest paid
    $66,999
    Starting balance
    $1,036,000
  • Year 2$1,012,065
    Principal paid
    $12,355
    Interest paid
    $66,224
    Starting balance
    $1,024,420
  • Year 3$998,883
    Principal paid
    $13,183
    Interest paid
    $65,396
    Starting balance
    $1,012,065
  • Year 4$984,817
    Principal paid
    $14,065
    Interest paid
    $64,513
    Starting balance
    $998,883
  • Year 5$969,810
    Principal paid
    $15,007
    Interest paid
    $63,571
    Starting balance
    $984,817
  • Year 6$953,797
    Principal paid
    $16,013
    Interest paid
    $62,566
    Starting balance
    $969,810
  • Year 7$936,712
    Principal paid
    $17,085
    Interest paid
    $61,494
    Starting balance
    $953,797
  • Year 8$918,483
    Principal paid
    $18,229
    Interest paid
    $60,350
    Starting balance
    $936,712
  • Year 9$899,033
    Principal paid
    $19,450
    Interest paid
    $59,129
    Starting balance
    $918,483
  • Year 10$878,281
    Principal paid
    $20,753
    Interest paid
    $57,826
    Starting balance
    $899,033
First 10 of 30 years

Nearby

Courtesy of Carlene Bond, Broker · (830) 220-8981

Listings courtesy of ACTRIS as distributed by MLS GRID.