
10+ Acres Near Marble Falls | Subdividable Land with Oak Trees, Creek & High Production Well - Discover the perfect blend of space, flexibility, and Hill Country beauty on this 10+ acre tract with minimal restrictions and subdivision potential. Whether you’re building a private estate, family compound, or investment opportunity, this property offers multiple prime building sites surrounded by mature oak trees and natural landscape. A wet-weather creek along the back of the property adds character and privacy, while a high production well provides a valuable and reliable water source. With three sides fenced, the property is well-suited for livestock or recreational use, and offers ample room for a custom home, guest houses, barns, workshops, or stables. Conveniently located just minutes from Marble Falls, Horseshoe Bay, Johnson City, and Spicewood, with approx. 3–5 miles to Hwy 281 and 6–10 miles to Hwy 71, plus less than 5 miles to Baylor Scott & White Medical Center, shopping, dining, and daily conveniences, this property offers both privacy and accessibility. Rare opportunity for usable acreage with flexibility—build now, expand later, or subdivide for future value.
Property Type
Land
Lot Size
10.00 acres
Listed by Busse Group Real Estate
Verified property facts
2965 Old Marble Falls RD is zoned for Blanco ISD with assigned schools: Blanco (elementary), Blanco (middle), Blanco (high). School assignments should be verified directly with the district.
2965 Old Marble Falls RD is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
2965 Old Marble Falls RD 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.
With 20% down ($130,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2965 Old Marble Falls RD is around $4,564 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Lot Features
Waterfront
Listing timeline with current price, original ask, and market time.
Blanco 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% ($130K)
$650,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$650,000
Price per sqft
Not available
Vs. Downtown Austin median
-25.7%
$875K median
Days on market
56 days
Original to current
No verified reduction
$650K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 26% below the Downtown Austin median
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
At $650,000, 2965 Old Marble Falls RD is in the Downtown Austin market where there are currently 13 active listings in 78663. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
2965 Old Marble Falls RD includes verified waterfront access: None. 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.
Downtown Austin is one of Austin's established neighborhoods, zoned for Blanco ISD in the 78663 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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Active listings near 2965 Old Marble Falls RD