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Keenan Group#1 Austin Board of Realtors Team 2024

$899,000

4Beds
2.5Baths
2,566Sq Ft
10.01 acresLot

28701 Valley Rd, Marble Falls, TX 78654

Reduced 10%$999,000
Marble Falls·MLS# 8645852·Built 2012·198 days on market

4 bed, 2 bath, 2,566 sqft on 10.01 acres in Marble Falls. Marble Falls, TX 78654. $899,000. Marble Falls ISD.

About This Home

Perched high on a hill in Marble Falls, this stunning 10+ acre property offers views for days—Colorado River, Hill Country, and even the twinkling city lights by night. If you want more room to roam, there's an option to purchase the adjacent 6-acre tract, bringing your total acreage to around 16 acres of pure Texas beauty. At the heart of it all is a gorgeous, single-story limestone home where high ceilings and stained concrete floors flow seamlessly throughout. With 3 BD, 2.5 BA, and a dedicated office, every room is designed to maximize those breathtaking views. The open layout connects the living, dining, and kitchen areas, all framed by impressive windows that flood the space with natural light. The primary suite is massive in size with a separate sitting area, an enormous walk-in closet, and thoughtful separation from the secondary bedrooms. Need a little work inspiration? The office has you covered with incredible river views to keep the creativity flowing. Step outside to the back patio, and you may never want to leave. The covered patio stretches the length of the house, complete with an outdoor kitchen crafted from Austin limestone and a nearby jacuzzi—perfect spots to soak in the sunrise, sunset, and the occasional visit from local deer and wild turkeys. The property also features a metal workshop/barn with a full bathroom, ideal for storing outdoor equipment or transforming into the ultimate game room or entertainment center—your imagination is the only limit. Tucked away in the rolling hills yet not far from all of Austin's glory, this property offers the best of both worlds—privacy, space, and a front-row seat to some of the most stunning views in Texas. Come see it for yourself—and don't miss the chance to add the neighboring 5.9-acre tract to make this incredible property even more spectacular!

Property Type
Residential
Year Built
2012
Lot Size
10.01 acres
Price / Sq Ft
$350
Garage
2 spaces

Listing information last updated October 19, 2026.

Listed by eXp Realty, LLC

MLS# 8645852 • Active

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

Highlights

2-car garage with additional parking capacity
Generous 10.01-acre lot
Ceiling Fan(s)
Chandelier
Double Vanity
Granite Counters

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Chandelier
  • Double Vanity
  • Granite Counters
  • Ceiling-High
  • High Speed Internet
  • Kitchen Island
  • Recessed Lighting
  • Primary Bedroom on Main
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Walk-In Closet(s)
  • Storage
  • Track Lighting
  • Study
  • Home Office

Appliances

  • Built-In Oven(s)
  • Cooktop
  • Dishwasher
  • Disposal
  • Exhaust Fan
  • Gas Cooktop
  • Microwave
  • Stainless Steel Appliance(s)
  • Water Heater
  • Tankless Water Heater
  • Water Softener Owned

Flooring

  • Concrete
Heating
Central,Exhaust Fan,Hot Water
Cooling
Ceiling Fan(s),Central Air,Electric
Exterior & Lot

Features

  • Gutters Full

Construction

  • Masonry – All Sides
  • Stone

Lot Features

  • Back Yard
  • Front Yard
  • Native Plants
  • Rolling Slope
  • Trees-Large (Over 40 Ft)
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)
  • Views

Fencing

  • Barbed Wire
  • Gate
  • Wire

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Patio
  • Rear Porch
Roof
Composition
Lot Size
10.01 Acres

Parking

  • Additional Parking
  • Attached
  • Boat
  • Circular Driveway
  • Detached Carport
  • Door-Multi
  • Driveway
  • Electric Gate
  • Garage
  • Garage Door Opener
  • Garage Faces Front
  • Gravel
  • Inside Entrance
  • Kitchen Level
  • Private
  • Side By Side
Garage Spaces
2
Financial
Original List Price
$999,000
Price per Sq Ft
$350
Utilities
  • Cable Available
  • Electricity Available
  • Propane
  • Sewer Connected
  • Water Connected
Water Source
Private,Well
Sewer
Aerobic Septic,Septic Tank

Transaction History

2 records on file

Every recorded listing, sale, and lease at 28701 Valley RD, whoever represented it.

  1. ActiveListed 2026
    Current price: $899,000Original list: $999,000MLS 8645852
    1. Listed · April 6, 2026$999,000
    2. Price changed · June 15, 2026$925,000
    3. Price changed · June 15, 2026$950,000
    4. Price changed · July 11, 2026$925,000
    5. Price changed · July 29, 2026$899,000
  2. WithdrawnListed 2025
    Current price: $999,000Original list: $1,200,000MLS 3911547

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.

View Timeline
Current list
$899,000
Original list
$999,000
Price movement
$100K reduction
Listed / DOM
Apr 6, 2026 · 198 days

Virtual Tour

Virtual tour of 28701 Valley Rd
Map showing 28701 Valley RD
28701 Valley RD
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

Colt

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
$4,980

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

20% ($180K)

Adjustable assumption - not a lending recommendation.

$899,000

Loan: $719K
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

$899,000

Price per sqft

$350/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

198 days

Original to current

$100K reduction

$999K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 19, 2026.

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Verified property facts

Frequently Asked Questions

How much is 28701 Valley Rd?

28701 Valley Rd is listed at $899,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,566 square feet, 10.01-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 19, 2026).

What school district is 28701 Valley Rd in?

28701 Valley Rd is zoned for Marble Falls ISD with assigned schools: Colt (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.

What are the property details for 28701 Valley Rd?

28701 Valley Rd is a Residential built in 2012 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,566 square feet, 10.01-acre lot.

What are the property taxes for 28701 Valley Rd?

The most recent annual property tax for 28701 Valley Rd is $14,870. 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 28701 Valley Rd?

This page does not assume a mortgage rate or publish a monthly payment for 28701 Valley Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 28701 Valley Rd compare with other homes in Marble Falls?

As of Oct 19, 2026, 28701 Valley Rd is offered at $899,000. The current MLS snapshot shows 189 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.

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

Unlock MLSMLS GRID

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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/19/2026, 7:30:01 AM. 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: 10/19/2026, 7:30:01 AM

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