
Welcome to “Casa Del Lago” - a 1970s lakeside charmer where the view never ceases to amaze. Owner’s revived new life in its bones - plumbing was immediately repaired, and many home functions restored. This property boasts an incredible view, pool, location, and completely new boat dock installed as of 2022! The balcony deck off the upper level installed 2019 spans the whole back face of the home, where you have that panoramic view of your property, Lake Marble Falls, and scenic 281 Bridge. From the front of the house (with new exterior paint), you’ll walk up the stairs to the front door into the main level, complete with 2 bedrooms, a full bathroom, kitchen, living space, and dining space. Each bedroom has a sliding door that leads to the covered portion of the balcony deck, with newly installed fans over serene hammocks. Back inside and down the spiral staircase, you’ll find the third bedroom and second en-suite full bathroom which were both gutted and fully renovated in 2021. In the hall is the laundry/storage closet, and the hall walkway has a door that leads you outside, or follow it to the large entertaining and living space. All new fixtures throughout! Furniture can be included! Off of the lower level living space are newly installed sliding doors with new trex stairs both added this year, that lead to a small turfed yard, and new fans over the back patio lounging space. Landscaping frames the terracing and pool area–new Pentair pump installed 2026 and railing around pool installed in 2022. Beyond the inviting pool are the new stairs leading to the beautiful and private lake dock where you can swim, fish, relax, and/or tie up your boat after launching at the Lake Marble Falls public ramp. If you want to venture out in the town, the location is walking distance to downtown Marble Falls! Walk to Bluebonnet Café for breakfast! Current owner’s rent out the home and generate impressive STR income. Paradise awaits.
Property Type
Residential
Year Built
1972
Lot Size
0.33 acres
$/Sq Ft
$601
Garage
4 spaces
Pool
Yes
Listed by Sprout Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
2516 Circle DR is listed at $1,600,000 with 3 bedrooms, 2 full bathrooms, 2,664 square feet, 0.33-acre lot. This places it above the 78654 median of $1,325,000.
2516 Circle 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.
2516 Circle DR is a Residential built in 1972 featuring 3 bedrooms, 2 full bathrooms, 2,664 square feet, 0.33-acre lot.
2516 Circle 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 2516 Circle DR is $25,056. 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
Listing timeline 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% ($320K)
$1,600,000
Luxury property intelligence
A sourced read on Lakeview pricing, timing, and property scale. No automated valuation claim.
List price
$1,600,000
Price per sqft
$601/sqft
Vs. Lakeview median
Not available
Days on market
9 days
Original to current
No verified reduction
$1.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 12, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($320,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2516 Circle DR is around $10,390 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,600,000, 2516 Circle DR is in the Lakeview market where there are currently 184 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ across Austin.
2516 Circle DR was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.
2516 Circle DR includes verified waterfront access: Lake Front,Waterfront. 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.
2 events on record
Current Price
$1,600,000
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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