
Escape to your own private Hill Country retreat on nearly one acre of unrestricted land just minutes from Lake LBJ. With no HOA, you'll enjoy the flexibility to park your RV, boat, trailer, golf cart, side-by-side, and other recreational equipment, with existing RV hookups already in place.
Designed for both everyday living and entertaining, the home's inviting floor plan seamlessly connects indoor and outdoor spaces. Upstairs, a custom wet bar opens directly onto the expansive covered deck, creating the perfect setting for relaxing, dining, or enjoying sweeping Hill Country sunsets. A staircase leads from the deck to the spacious covered patio below and continues to the backyard, where a custom fire pit overlooks a stocked pond for memorable evenings with family and friends.
The picturesque pond is stocked with bass, perch, and catfish and attracts turtles, frogs, and an abundance of native wildlife. Enjoy peaceful views from the kitchen's unique picture window, where frequent visitors include whitetail and axis deer, blue herons, cranes, ducks, geese, foxes, and a variety of waterfowl and songbirds. Mature oak trees and a towering pine provide shade, privacy, and timeless Hill Country character.
The property is served by both city water and a private well, which supplies a waterfall feature that helps maintain the pond's water level even during drier conditions.
Conveniently located in Granite Shoals, you'll be just minutes from multiple waterfront parks, public boat ramps, and easy access to Lake LBJ, with downtown Marble Falls only about 10 minutes away. Whether you're searching for a full-time residence, a weekend getaway, or an investment property with short-term rental potential, this unique property offers exceptional versatility, privacy, and outdoor enjoyment.
Property Type
Residential
Year Built
2007
Lot Size
0.90 acres
$/Sq Ft
$283
Listed by eXp Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
137 Hill DR is listed at $424,000 with 2 bedrooms, 3 full bathrooms, 1,500 square feet, 0.90-acre lot.
137 Hill DR is zoned for Marble Falls ISD with assigned schools: Marble Falls (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
137 Hill DR is a Residential built in 2007 featuring 2 bedrooms, 3 full bathrooms, 1,500 square feet, 0.90-acre lot.
137 Hill DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 137 Hill DR is $8,184. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.

Marble Falls ISD
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.
20% ($85K)
$424,000
Luxury property intelligence
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List price
$424,000
Price per sqft
$283/sqft
Vs. Sherwood Heights median
Not available
Days on market
2 days
Original to current
$91K reduction
$515K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($84,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 137 Hill DR is around $2,882 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $424,000, 137 Hill DR is in the Sherwood Heights market where there are currently 188 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ across Austin.
137 Hill DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
4 events on record
Current Price
$424,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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