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Keenan Group#1 Austin Board of Realtors Team 2024
328 Cedar Mountain DR, photo 1 of 32, Marble Falls, Marble Falls, TX
Active

$199,000

3.00 acresLot

328 Cedar Mountain Dr, Marble Falls, TX 78654

Marble Falls·MLS# 4872293·252 days on market

— bed, — bath on 3.00 acres in Marble Falls. Marble Falls, TX 78654. $199,000. Johnson City ISD.

About This Home

Build your custom Hill Country retreat on this elevated 3-acre homesite in the gated acreage community of Summit Springs, offering long-range views, privacy, and no timeline to build. Located on one of the highest-elevation lots on Cedar Mountain Drive, this beautiful lot features mature trees, a wet-weather creek along the back of the property, and natural wildlife trails that create a peaceful, scenic setting.

Summit Springs is an approximately 850-acre gated community known for its rolling topography, spacious homesites, and custom-built homes. Enjoy the benefits of an Ag exemption and a low 1.34% tax rate, a rare combination for Hill Country acreage living. With many homes already completed, the neighborhood offers a welcoming sense of community while still maintaining the space and serenity buyers are looking for.

Wildlife enthusiasts will appreciate the roaming Blackbuck Antelope and Arabian Oryx, adding to the unique charm of the area. Utilities include Corix water and PEC electric, and the flexibility to build on your timeline allows you to secure the property now and design your home when the time is right. Build your custom home now, or wait and build a barndominium for weekend getaways!

Conveniently located just minutes from Marble Falls shopping, dining, and everyday amenities, with easy access to nearby Hill Country attractions and future growth at Thomas Ranch, this homesite offers the perfect blend of privacy, views, and convenience.

If you’ve been searching for a scenic, build-ready acreage property in one of the area’s most desirable gated communities, this is an opportunity you don’t want to miss.

Property Type
Land
Lot Size
3.00 acres
HOA
$899/year

Listing information last updated August 25, 2026.

Listed by Compass RE Texas, LLC

MLS# 4872293 • Active

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

Highlights

Generous 3.00-acre lot
Gentle Sloping
Interior Lot
Open Lot
Private Maintained Road
Trees-Medium (20 Ft - 40 Ft)

Facts & Features

Exterior & Lot

Lot Features

  • Gentle Sloping
  • Interior Lot
  • Open Lot
  • Private Maintained Road
  • Trees-Medium (20 Ft - 40 Ft)
  • Views
Lot Size
3.00 Acres
Financial
HOA Fee
$899 / year
Original List Price
$199,000
Utilities
  • Electricity Available
  • Water Available
Water Source
Private
Sewer
Septic Needed

Transaction History

1 record on file

Every recorded listing, sale, and lease at 328 Cedar Mountain DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $199,000Original list: $199,000MLS 4872293
    1. Listed · February 26, 2026$199,000

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

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$199,000
Original list
$199,000
Price movement
No verified reduction
Listed / DOM
Feb 26, 2026 · 252 days
Map showing 328 Cedar Mountain DR
328 Cedar Mountain DR
Directions

Zoned Schools

Johnson City ISD

1 High School1 Middle School1 Elementary School

Lyndon B Johnson

High SchoolGrades 9-12Zoned assignment

Lyndon B Johnson

Middle SchoolGrades 6-8Zoned assignment

Lyndon B Johnson

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
$1,085
HOA dues
$75

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

HOA source: MLS Grid / Unlock MLS, as of 2026-10-17T15:07:32.306+00:00; normalized from annual dues.

Illustrative down payment

20% ($40K)

Adjustable assumption - not a lending recommendation.

Home price

$199,000

Loan: $159K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

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

List price

$199,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

252 days

Original to current

No verified reduction

$199K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.

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Verified property facts

Frequently Asked Questions

What school district is 328 Cedar Mountain Dr in?

328 Cedar Mountain Dr is zoned for Johnson City ISD with assigned schools: Lyndon B Johnson (elementary), Lyndon B Johnson (middle), Lyndon B Johnson (Johnson City ISD) (high). School assignments should be verified directly with the district.

How should a buyer estimate the monthly payment for 328 Cedar Mountain Dr?

This page does not assume a mortgage rate or publish a monthly payment for 328 Cedar Mountain Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 328 Cedar Mountain Dr compare with other homes in Marble Falls?

As of Oct 17, 2026, 328 Cedar Mountain Dr is offered at $199,000. The current MLS snapshot shows 175 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.

What is the community structure at 328 Cedar Mountain Dr?

The MLS listing reports HOA or association dues of $899 annual for 328 Cedar Mountain Dr. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

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 10/17/2026, 10:07:32 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.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution of MLS listing data is prohibited.

Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/17/2026, 10:07:32 AM

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