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ActiveMLS #1476541

5300 Lookout Ridge DR, Marble Falls TX 78654

Marble Falls, TX 78654 · Lookout Ridge

Single Family Residence for sale in Lookout Ridge

3Bedrooms
3 full / 1 halfBathrooms
2,243Square Ft
7.54Acres
4Garage
2007Year Built
Price Reduced
1 / 40
$1,295,000$1,500,000
3D tour

Overview

Property Description

Charming country style Home and Barn on 7.54-Acres at Lake Travis which allows horses. Home fronts street at northeast corner and barn at southwest corner along street. This would allow subdividing for two separate home sites. The best Lakeview site was saved for future main house if you prefer to build new. Scenic views of Muleshoe Bend of Lake Travis and panoramic hill country. Home is well designed with master down on entry level, wet bar with wine chiller, fireplace, open great room, granite kitchen with large breakfast bar for entertaining. Huge covered back porch plus upstairs covered balcony with cathedral wood ceiling. 4-car deep drive thru garage with both front and rear overhead doors. Laundry mud room with sink. Master primary bath with deep soaking tub, separate shower, double vanity and walk-in closets. Upstairs den, study, library, office, or flex bonus room with glass doors to cathedral ceiling balcony and scenic views, plus shared full bath to 3rd bedroom and bonus room. 2nd bedroom has another ensuite full bath. Half bath has door to patio and kitchen dining. Front yard acreage is level for pasture with bluebonnets, arroyo, patios, firepit, flowing pond, and space for a variety of outdoor activity, fun & games, or sport court. Neighbor has putting green. Lovely scenic canyon through center of Lot with stonewall lined paved driveway down to lower yard, patios, and pathway to Lake Travis. There also is a stone stairway and path to a patio and lake cove. Barn has stairway to large unfinished attic for potential 800 sq ft guest quarters with plumbing rough for bath and kitchen with total 1760 +- sq ft meeting minimum required for conversion to residence. Welcome home, make it yours..!!!

Financial Info
Price
$1,295,000
$ / Sqft
$577
HOA
Yes - Mandatory / $350 / Annually
HOA Name
LRPOA on Lake Travis Inc
HOA Includes
See Remarks, Common Area Maintenance, Maintenance Grounds
Tax Rate
1.78398%
Est. Taxes
$21,379
Tax Year
2025
Exemptions
None
Legal Info
Address
5300 Lookout Ridge DR
County
Travis
City
Marble Falls
State
TX
Zip
78654
Subdivision
Lookout Ridge
Legal Description
Lot-12 Lookout Ridge
Parcel
05860701070000
Interior Features
Floor
Carpet, Tile, Wood
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Granite Counters
Appliances
Bar Fridge, Built-In Electric Oven, Built-In Oven(s), Dishwasher, Disposal, Microwave, Propane Cooktop, Free-Standing Refrigerator, Stainless Steel Appliance(s), Warming Drawer, Wine Cooler
Laundry
Laundry Room, Lower Level, Main Level
Master Bed
Double Vanity
Master Main
Yes
Fireplaces
1
Fireplace Description
Glass Doors, Living Room, Stone, Wood Burning
Interior Features
2 Primary Suites, Bar, Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Granite Counters, Double Vanity, Electric Dryer Hookup, Security System, Blinds, Drapes, Double Pane Windows
General Info
Beds
3 Total / 1 Main Level / 2 Other Level
Full / Half Baths
3 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2007 / Resale
Square Feet
2,243 / Public Records
Garages
4
Garage Desc
Attached, Detached, Door-Multi, Driveway, Garage, Garage Faces Front, Garage Faces Rear, Kitchen Level
Foundation
Slab
Roof
Metal
Construction
Stone Veneer
Acres
7.54
Lot Description
Cleared, Garden, Private Maintained Road, Sloped Down, Sprinkler - Automatic, Many Trees, Views
Restrictions
Covenant
Flood Plain
No
View
Hill Country, Lake, Trees/Woods, Water
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected, Internet-Fiber, Phone Connected, Propane, Water Connected
Heat
Central, Electric, Heat Pump
A C
Central Air, Electric
Exterior Features
Fence
Masonry, Pipe
Exterior Features
Balcony, Gutters Full, Lighting, Covered, Front Porch, Patio, Rear Porch, Terrace
Pool On Property
No
Area Amenities
None

Price history

Days on market
−$205,000 (−13.7%)
$1,500,000 → $1,295,000
2
Price reductions
Active
Since May 17, 2026
Price trend
List priceMay 2026 → Oct 2026
Property history3 events
DateEventPriceChange
Oct 31, 2026Price Decrease$1,295,000−$100,000 (−7.2%)
Oct 3, 2026Price Decrease$1,395,000−$105,000 (−7%)
May 17, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 382882

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
MARBLE FALLS ISD0.885500$1,337,867$11,846.81
TRAVIS CO ESD NO 10.100000$1,337,867$1,337.87
TRAVIS CO ESD NO 70.099967$1,337,867$1,337.43
TRAVIS COUNTY0.375845$1,337,867$5,028.31
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$1,337,867$1,578.99
Ordinary property tax estimate1.579335$21,129.41

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

General Information
Owner
SHELER DAVID & ELISA R DONOHO
Legal
LOT 12 LOOKOUT RIDGE
Geo ID
prop:382882
Acreage
7.54
Exemptions
Exemption Type
None on record
Tax Summary
MLS estimated annual taxes
$21,379
MLS tax year
2025
Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025$1,589,4590.693835$11,028.22
2024—0.643414$8,530.82
2023—0.589547$7,165.83
2022—0.595323$7,546.65
2021—0.669179$5,956.37
2020—0.684665$4,547.40

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Source: Travis County

Schools

School Info
District
Marble Falls ISD
Elementary
Colt
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

$9,409 / mo

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

Estimated monthly payment $9,409

Principal & interest
$6,548
Property taxes
$1,782
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

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Courtesy of Coldwell Banker S.G. Billings · (512) 267-3292

Listings courtesy of ACTRIS as distributed by MLS GRID.