4 bed, 3 bath, 3,644 sqft on 1.95 acres in Marble Falls. Marble Falls, TX 78654. $1,150,000. Marble Falls ISD.
About This Home
Waterfront Lake Travis charming family Lodge or corporate retreat with Tennis court, boat dock, outdoor decks, and fabulous pastel green hue granite kitchen. Spacious open setting with lots of windows inviting pristine views of Lake Travis and panoramic hill country. Primary suite on the entry level plus a secondary bedroom or office. In-law suite on intermediate level is just 5-steps above the kitchen. Upper level guest quarters has den or game room with 2nd fireplace, bedroom, private full bath, and a 2nd outdoor deck. Main living great room has limestone fireplace with fossilized engraved etchings and a wall of glass looking through the covered and open decks at the scenic glistening waters of the Lake. 2-more decks overlook the Tennis court. There is a workshop area in the basement. Your guests can bring their boats and launch at the neighborhood gated boat ramp. Home is only 1-mile from Flat Creek Estates winery and vineyard with bistro cafe and disc golf course and 2-blocks from an EMS Fire Station. Our property is situated on a private peninsula on a non-thru street offering privacy and seclusion. Seller financing is possible.
From the moment you step into the foyer at 23521 Flat Creek Drive in Marble Falls, Lake Travis spreads before you in unobstructed panoramic views that define life on this 1.95-acre waterfront peninsula in Marble Falls. This four-bedroom, three-and-a-half bath residence sits 3,644 square feet of thoughtfully oriented living space designed entirely around capturing the water and Hill Country landscape. The home's architecture places you above the shoreline, not beside it, so every major living area opens toward the vista rather than the street.
The window strategy is where this property reveals its purpose. Cathedral ceilings rise throughout the main living level, drawing your eye upward and outward through walls of glass that frame the glittering water. The great room anchors this view with a limestone fireplace featuring fossilized details, positioned so you can sit by the fire while watching the lake. The pastel green granite kitchen sits open to this sightline, with an island and eat-in area that keeps the water in view during every meal. High-speed internet runs throughout, making the study and home office equally useful for work with a view.
The deck system extends your living into the landscape. A wall of glass opens from the great room to both covered and open decks that jut toward the water. Two additional decks overlook the tennis court on the upper portion of the property, creating outdoor living options throughout the day. The primary suite occupies the main level with its own windows framing the lake. An in-law suite sits five steps up, offering independence while maintaining connection to the main home. The upper level guest quarters includes a den or game room with a second fireplace, bedroom, full bath, and another deck capturing the vista.
This is living above the water, not on it. The private boat dock and ramp give you launch access without the permanence of traditional dock living. You're one mile from Flat Creek Estates winery and vineyard with its bistro and disc golf. The Marble Falls neighborhood sits on a private maintained road, adding seclusion. Marble Falls Independent School District serves the property, with Colt Elementary, Marble Falls Middle, and Marble Falls High as your district schools. At $372 per square foot, this waterfront home with Lake Travis panoramas positions you in a market where view properties command premium rates.
The numbers behind this insight
- Offered at
- $1,150,000
- Listed
- March 20, 2026
- Price changes
- 2, down 15.1% from $1,355,000
- Asking price per sq ft
- $316
- Property Type
- Residential
- Year Built
- 1983
- Lot Size
- 1.95 acres
- Price / Sq Ft
- $316
- HOA
- $400/year
- Garage
- 2 spaces
Listing information last updated October 9, 2026.
Listed by Coldwell Banker S.G. Billings
MLS# 8139883 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Two Primary Suties
- Bookcases
- Ceiling Fan(s)
- Beamed Ceilings
- Cathedral Ceiling(s)
- Granite Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- High Speed Internet
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Storage
- Study
- Home Office
- Track Lighting
- Two Primary Closets
- Walk-In Closet(s)
- Built-In Electric Oven
- Built-In Refrigerator
- Dishwasher
- Disposal
- Microwave
- Propane Cooktop
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Carpet
- Tile
- Vinyl
- Heating
- Central,Fireplace(s),Forced Air
- Cooling
- Central Air,Electric
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Boat Dock - Private
- Boat Ramp
- Exterior Steps
- Private Yard
- Tennis Court(s)
- Wood Siding
- Stone Veneer
- Private Maintained Road
- Sprinkler - Automatic
- Pillar
- Post
- Pier
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Porch
- Rear Porch
- Roof
- Asphalt,Composition
- Lot Size
- 1.95 Acres
- Off Street
- Garage Spaces
- 2
- Waterfront
Financial
- HOA Fee
- $400 / year
- Original List Price
- $1,355,000
- Price per Sq Ft
- $316
Utilities
- Electricity Connected
- Phone Connected
- Propane
- Water Source
- See Remarks,Well
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 23521 Flat Creek DR, whoever represented it.
- ActiveListed 2026Current price: $1,150,000Original list: $1,355,000MLS 8139883
- Listed · March 20, 2026$1,355,000
- Price changed · July 1, 2026$1,280,000
- Price changed · September 4, 2026$1,150,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,150,000
- Original list
- $1,355,000
- Price movement
- $205K reduction
- Listed / DOM
- Mar 20, 2026 · 215 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,144,107
- Assessment Year
- 2025
- Year Built
- 1983
- Parcel ID
- 000000179970
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-18.5% | — | $1,144,107 | — | — |
2024-12.7% | — | $1,404,416 | $443,520 | $850,608 |
2023+50.8% | — | $1,609,514 | $443,520 | $960,896 |
2022 | — | $1,067,300 | $443,520 | $1,165,994 |
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Zoned Schools
Marble Falls ISD
Marble Falls
Marble Falls
Colt
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% ($230K)
Adjustable assumption - not a lending recommendation.
$1,150,000
Luxury property intelligence
Keenan Market Position
A sourced read on Marble Falls pricing, timing, and property scale. No automated valuation claim.
List price
$1,150,000
Price per sqft
$316/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
215 days
Original to current
$205K reduction
$1.4M 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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