3 bed, 3 bath, 2,400 sqft on 10.05 acres in Marble Falls. Marble Falls, TX 78654. $1,250,000. Marble Falls ISD.
About This Home
Over 10 acres at one of the higher elevations in the Marble Falls area, offering sweeping panoramic views of Lake Marble Falls, downtown Marble Falls, and the surrounding Texas Hill Country. The true value of this property lies in the land, the elevation, and its exceptional location just minutes from Marble Falls, Horseshoe Bay Resort, and Lake LBJ. The acreage features mature oaks, native trees, and striking granite outcroppings. Portions of the property slope into a canyon, creating a natural buffer that enhances privacy and security while framing dramatic Hill Country views. A two-story 2,400 sqft home built in 2001 (3 bed / 3.5 bath) currently sits on the property and is functional as a residence, guest house, or potential rental opportunity (subject to permits). It could also provide a practical place to live while planning and building a future custom home on the property. Additional improvements include two detached carports and two large water storage tanks. New survey available. This property presents a rare opportunity for a private Hill Country estate homesite with elevated lake views so close to town. Given its size, location, and proximity to Marble Falls growth corridors, buyers may also wish to explore the potential for future rezoning or subdivision opportunities, subject to city approvals and development requirements. Conveniently located approximately 2 miles from historic Marble Falls, about 5 miles from Horseshoe Bay Resort, and within easy reach of Lake LBJ, medical facilities, and regional retail development.
Ten acres of Hill Country land at one of Marble Falls' highest elevations opens up views that stretch across Marble Falls and into the vast Texas landscape beyond. The property sits on gentle slopes with mature oaks, native junipers, and raw granite outcroppings that anchor the terrain like natural monuments. A canyon section slopes away from the main acreage, creating a natural amphitheater of privacy that feels miles from anywhere, even though you're minutes from town. This is the kind of land that makes you understand why people move to the Hill Country in the first place.
The horizon here belongs to you. From this vantage point at 103 Palmie Lane in Marble Falls, you can see water, sky, and rolling ridgelines without development clutter. Burnet County terrain is unforgiving and honest, and this property doesn't apologize for either quality. The 10.05-acre lot is split-possible and privately maintained, which means options. You own elevation. You own views. You own breathing room.
What happens next is your choice. The 2,400-square-foot residence built in 2001 works as a functional family home, a guest house, or a rental opportunity while you plan something larger. The existing structure keeps you from being land-rich and house-poor. Two detached carports, mature tree coverage, and two large water storage tanks are already installed. For someone who wants to stay put, this home delivers three bedrooms, three full baths, and a half bath across two stories. The primary bedroom sits on the main floor. Built-in features, ceiling-high details, an eat-in kitchen, and front and rear porches frame the views without overdoing it. HardiPlank siding and partial masonry construction are built to hold up against Texas weather.
The economics make sense. At $1.25 million for 10 acres and 2,400 square feet, you're paying $521 per square foot and roughly $124,000 per acre. Marble Falls ISD serves the property, with all three school levels bearing the district name. You're about two miles from historic downtown Marble Falls, five miles from Horseshoe Bay Resort, and within easy reach of Lake LBJ and regional medical facilities on Highway 1431.
This isn't property that whispers about potential. It declares it. The land is the primary asset. The house is the shelter. Everything else is what you build from here.
The numbers behind this insight
- Offered at
- $1,250,000
- Listed
- March 19, 2026
- Asking price per sq ft
- $521
- Property Type
- Farm
- Year Built
- 2001
- Lot Size
- 10.05 acres
- Price / Sq Ft
- $521
Listing information last updated March 19, 2026.
Listed by Keller Williams - Lake Travis
MLS# 5354282 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling-High
- Eat-in Kitchen
- Primary Bedroom on Main
- Dishwasher
- Disposal
- Electric Range
- Free-Standing Electric Oven
- Electric Water Heater
- Carpet
- Tile
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Exterior Steps
- Hardi
- Plank Type
- Masonry – Partial
- Wood Siding
- Gentle Sloping
- Native Plants
- Private
- Private Maintained Road
- Rock Outcropping
- Sloped Down
- Split Possible
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Pillar
- Post
- Pier
- Slab
- Front Porch
- Rear Porch
- Roof
- Metal
- Lot Size
- 10.05 Acres
- Additional Parking
- Carport
Financial
- Original List Price
- $1,250,000
- Price per Sq Ft
- $521
Utilities
- Above Ground
- Electricity Connected
- High Speed Internet
- Propane
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
3 records on file
Every recorded listing, sale, and lease at 103 Palmie Ln, whoever represented it.
- ActiveListed 2026Current price: $1,250,000Original list: $1,250,000MLS 5354282
- Listed · March 19, 2026$1,250,000
- ActiveListed 2025Current price: $1,250,000Original list: $1,499,995MLS 9125207
- Price changed · March 16, 2026$1,250,000
- ActiveListed 2025Current price: $1,250,000Original list: $1,499,995MLS 3316118
- Price changed · March 16, 2026$1,250,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,250,000
- Original list
- $1,250,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 19, 2026 · 222 days
Virtual Tour

Zoned Schools
Marble Falls ISD
Marble Falls
Marble Falls
Marble Falls
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($250K)
Adjustable assumption - not a lending recommendation.
Home price
$1,250,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Marble Falls pricing, timing, and property scale. No automated valuation claim.
List price
$1,250,000
Price per sqft
$521/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
222 days
Original to current
No verified reduction
$1.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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