— bed, — bath on 0.11 acres in Marble Falls. Marble Falls, TX 78654. $925,000.
About This Home
Historic Uptown Theater located in the heart of downtown Marble Falls presents a rare opportunity to own a distinctive Main Street property in the Texas Hill Country. This 4,470 SF building retains classic theater elements including a sloped floor auditorium, balcony seating, lobby, bar area, and backstage spaces that reflect its long standing role as a community gathering place. Its intimate scale and character make it well suited for live performances, private events, film screenings, or other creative uses. Positioned on a high visibility corner within the revitalized downtown district, the property also offers compelling potential for adaptive reuse or redevelopment in one of the region’s most visited lake communities. Shown by appointment only.
The Uptown Theater at 218 Main Street in Marble Falls is a 4,470 square foot commercial property built in 1935 that commands the heart of downtown where Main Street meets the visual and cultural pulse of this Texas Hill Country community. What makes this corner location extraordinary is not just its bones, but its bones tell a story: a sloped floor auditorium with balcony seating, a classic lobby and bar area, and functional backstage spaces that have anchored Marble Falls as a gathering place for nearly 90 years. The building's block, concrete, and stucco construction has weathered decades of use while retaining the intimate architectural character that makes theater venues irreplaceable in small communities.
Walking through these spaces, you move between wood flooring in the lobby and concrete floors backstage, with carpeted sections defining the auditorium's intimate scale. This 0.106 acre parcel sits on one of Burnet County's most visible corners in the revitalized downtown district, positioned to capture foot traffic from locals and visitors exploring Marble Falls' lakeside attractions and dining scene. The property's location on Main Street puts it blocks from the lake itself and within the epicenter of downtown commerce and community life.
The creative potential here extends far beyond its original use. Live performances, private events, film screenings, corporate gatherings, and community productions all fit the theater's natural layout and acoustic qualities. The intimate auditorium scale, balcony configuration, and established stage infrastructure mean minimal conversion work for many uses. For developers and entrepreneurs, the adaptive reuse possibilities are substantial, given Marble Falls' growth as a destination community and the scarcity of downtown commercial properties with this much character and existing revenue-generating infrastructure.
At $925,000, you're acquiring not just a building but a fixture in Marble Falls' identity. This corner property on Main Street in the heart of Burnet County positions owners to capitalize on both the ongoing foot traffic of a lake community and the nostalgic draw of preserved historic architecture. Whether operated as a cultural venue, reimagined for events, or redeveloped with sensitivity to its historical presence, 218 Main Street represents the kind of authentic downtown asset that appreciates as communities grow.
The numbers behind this insight
- Offered at
- $925,000
- Listed
- March 6, 2026
- Price changes
- Reduced, down 2.6% from $950,000
- Property Type
- Commercial Sale
- Year Built
- 1935
- Lot Size
- 0.11 acres
Listing information last updated August 25, 2026.
Listed by Deep Spring Management LLC
MLS# 2840141 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Carpet
- Concrete
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Block
- Concrete
- Stucco
- Slab
- Lot Size
- 0.11 Acres
Financial
- Original List Price
- $950,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 218 Main ST, whoever represented it.
- ActiveListed 2026Current price: $925,000Original list: $950,000MLS 2840141
- Listed · March 6, 2026$950,000
- Price changed · March 27, 2026$925,000
- ExpiredListed 2025Current price: $1,075,000Original list: $1,200,000MLS 1649349
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
- $925,000
- Original list
- $950,000
- Price movement
- $25K reduction
- Listed / DOM
- Mar 6, 2026 · 224 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($185K)
Adjustable assumption - not a lending recommendation.
$925,000
Luxury property intelligence
Keenan Market Position
A sourced read on Marble Falls pricing, timing, and property scale. No automated valuation claim.
List price
$925,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
224 days
Original to current
$25K reduction
$950K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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