
Perched high above Lake Marble Falls on 3.397 acres including two additional lots, this Hill Country estate delivers the kind of panoramic lake and hilltop views that simply cannot be replicated. From nearly every room, floor-to-ceiling windows and wraparound balconies frame an ever-changing canvas of water, sky, and rolling terrain - a backdrop that makes everyday living feel like a permanent retreat.
Spanning three levels and over 5,000 square feet, the residence is designed for both grand entertaining and genuine comfort. The main level owner's suite is a true sanctuary, complete with a fireplace, dramatic lake-view windows, and direct balcony access. The spa-inspired bath features a curved walk-in mosaic tile shower, dual vanities, and a soaking tub positioned beneath arched windows framing the treetops. The well-appointed kitchen offers double ovens, a gas range, wine refrigerator, and generous prep space across two islands. Multiple living and dining areas flow seamlessly to covered terraces where the infinity-edge pool and spa take center stage against an unobstructed lake panorama.
A curved turret room with wraparound lake views serves as an ideal home office, reading retreat, or stargazing perch - one of the most distinctive spaces in the Hill Country. The lower level is built for entertaining: a sprawling game room with pool table, arcade games, air hockey, and a full wet bar opens directly to the pool and spa. A private theater room and dedicated study with built-in bookshelves round out the level, alongside guest quarters with two bedrooms and four full baths. Three-car garage with workshop space included.
Minutes from Horseshoe Bay Resort and four of Central Texas' finest golf courses, with Boat Ramp 1 onto Lake LBJ just seven minutes away. Easy access to waterfront dining, wine country, Marble Falls, and the broader Highland Lakes corridor. A rare legacy property priced at $1,399,000.
Property Type
Residential
Year Built
2005
Lot Size
3.40 acres
$/Sq Ft
$279
HOA
$125/mo
Garage
3 spaces
Pool
Yes
Listed by Realty of America, LLC
Verified property facts
301 Circle DR is listed at $1,399,000 with 4 bedrooms, 5 full, 1 half bathrooms, 5,022 square feet, 3.40-acre lot. This places it above the 78657 median of $1,318,000.
301 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.
301 Circle DR is a Residential built in 2005 featuring 4 bedrooms, 5 full, 1 half bathrooms, 5,022 square feet, 3.40-acre lot.
301 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 301 Circle DR is $20,044. 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
2 records on file
Every recorded sale and lease at 301 Circle DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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% ($280K)
$1,399,000
Luxury property intelligence
A sourced read on Channel Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$1,399,000
Price per sqft
$279/sqft
Vs. Channel Oaks median
Not available
Days on market
15 days
Original to current
No verified reduction
$1.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($279,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 301 Circle DR is around $8,929 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,399,000, 301 Circle DR is in the Channel Oaks market where there are currently 147 active listings in 78657.
301 Circle DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
301 Circle DR is part of a managed community with HOA dues of $125 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
4 events on record
Current Price
$1,399,000
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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