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Keenan Group#1 Austin Board of Realtors Team 2024

$1,500,000

3Beds
2Baths
2,664Sq Ft
0.33 acresLot

2516 Circle Dr, Marble Falls, TX 78654

Reduced 6%$1,600,000
Marble Falls·MLS# 6154166·Built 1972·105 days on market

3 bed, 2 bath, 2,664 sqft on 0.33 acres in Marble Falls. Marble Falls, TX 78654. $1,500,000. Marble Falls ISD.

About This Home

Owner financing available at 3% RATE!!! 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
Price / Sq Ft
$563
Pool
Yes

Listing information last updated October 2, 2026.

Listed by Sprout Realty

MLS# 6154166 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Private pool and outdoor entertaining setup
Generous 0.33-acre lot
Ceiling Fan(s)
Beamed Ceilings
Stone Counters
Eat-in Kitchen

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Stone Counters
  • Eat-in Kitchen
  • Multiple Living Areas
  • Natural Woodwork
  • Primary Bedroom on Main
  • Recessed Lighting

Appliances

  • Electric Cooktop
  • Freezer
  • Microwave
  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Refrigerator
  • Washer
  • Dryer

Flooring

  • Carpet
  • Tile
Heating
Central
Cooling
Central Air
Exterior & Lot

Features

  • Balcony
  • Boat Dock - Private
  • Private Yard

Construction

  • Frame
  • Hardi
  • Plank Type
  • Masonry – Partial
  • Wood Siding
  • Stone

Lot Features

  • Back Yard
  • Bluff
  • Few Trees
  • Front Yard
  • Landscaped
  • Native Plants
  • Public Maintained Road
  • Sloped Down

Fencing

  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Deck
  • Rear Porch
Roof
Metal
Lot Size
0.33 Acres

Parking

  • Driveway
  • Oversized
  • Paved
Pool
Yes

Waterfront

  • Lake Front
  • Waterfront
Financial
Original List Price
$1,600,000
Price per Sq Ft
$563
Utilities
  • Cable Available
  • Electricity Connected
  • High Speed Internet
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 2516 Circle DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,500,000Original list: $1,600,000MLS 6154166
    1. Listed · July 3, 2026$1,600,000
    2. Price changed · August 14, 2026$1,500,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$1,500,000
Original list
$1,600,000
Price movement
$100K reduction
Listed / DOM
Jul 3, 2026 · 105 days

Virtual Tour

Virtual tour of 2516 Circle Dr
Map showing 2516 Circle DR
2516 Circle DR
Directions

Zoned Schools

Marble Falls ISD

1 High School1 Middle School1 Elementary School

Marble Falls

High SchoolGrades 9-12Zoned assignment

Marble Falls

Middle SchoolGrades 6-8Zoned assignment

Marble Falls

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$8,309

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($300K)

Adjustable assumption - not a lending recommendation.

$1,500,000

Loan: $1.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Marble Falls pricing, timing, and property scale. No automated valuation claim.

List price

$1,500,000

Price per sqft

$563/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

105 days

Original to current

$100K reduction

$1.6M 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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Verified property facts

Frequently Asked Questions

How much is 2516 Circle Dr?

2516 Circle Dr is listed at $1,500,000 with 3 bedrooms, 2 full bathrooms, 2,664 square feet, 0.33-acre lot. This places it above the ZIP 78654 single-family closed-sale median price of $380,000 (ZIP 78654 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 2516 Circle Dr in?

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.

What are the property details for 2516 Circle Dr?

2516 Circle Dr is a Residential built in 1972 featuring 3 bedrooms, 2 full bathrooms, 2,664 square feet, 0.33-acre lot.

What are the property taxes for 2516 Circle Dr?

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.

How should a buyer estimate the monthly payment for 2516 Circle Dr?

This page does not assume a mortgage rate or publish a monthly payment for 2516 Circle Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 2516 Circle Dr compare with other homes in Marble Falls?

As of Oct 15, 2026, 2516 Circle Dr is offered at $1,500,000. The current MLS snapshot shows 188 active listings in 78654. Keenan Group has completed 1 verified transactions in 78654 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 2516 Circle Dr built?

2516 Circle Dr was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 2516 Circle Dr?

The MLS listing marks 2516 Circle Dr as waterfront. The reported waterfront feature is Lake Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Marble Falls

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

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Based on information submitted to MLS GRID as of 10/15/2026, 5:07:15 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 5:07:15 PM

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