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Keenan Group#1 Austin Board of Realtors Team 2024
3501 Cr120, photo 1 of 40, Marble Falls, Marble Falls, TX
Active

$11,995,000

912.00 acresLot

3501 Cr120, Marble Falls, TX 78654

Marble Falls·MLS# 6002233·162 days on market

— bed, — bath on 912.00 acres in Marble Falls. Marble Falls, TX 78654. $11,995,000. Marble Falls ISD.

About This Home

912+/- AC Marble Falls, Texas | Burnet County

An outstanding 912+/-AC ranch just outside of Marble Falls offering a rare combination of rolling Hill Country topography, abundant surface water, great hardwoods and natural grasses, and premier wildlife habitat in one of the most desirable areas in Central Texas. With established infrastructure, multiple creeks, and dozens of ponds and tanks, this property presents an unmatched opportunity for recreation, ranching, or long-term investment.

LAND: The ranch showcases beautiful rolling topography and draws with a highly usable layout. Diverse hardwoods and strong grasses provide excellent grazing potential and beauty. Massive rock outcroppings dot the ranch.

WATER: Water is one of the defining features of this ranch, with two creeks and dozens of tanks and ponds scattered across the property, several of which are substantial in size. A main lake serves as a centerpiece. The ranch features over a mile and a half of both sides of Elm Creek and half a mile of both sides of Dry Creek. Roughly a dozen wet weather draws traverse the ranch feeding into each of these creeks.

LOCATION: The ranch sits just 12 minutes to Marble Falls and roughly an hour to the greater Austin area. Its proximity to these cities places the property in an extremely sought-after area where large acreage ranches with this level of quality and accessibility are increasingly difficult to find.

VEGETATION: Thousands of hardwoods cover the property along with healthy native grasses and more dense brush areas to provide a great mix of usability and incredible wildlife cover.

WILDLIFE: The combination of open pasture, water, and cover supports an impressive variety of native game and bird species. Wildlife on the ranch includes whitetail deer, wild hogs, dove, ducks, turkey, and more.

IMPROVEMENTS: With paved road frontage, water and electric onsite, and a well established road system, this property offers immediate usability.

Property Type
Land
Lot Size
912.00 acres

Listing information last updated May 13, 2026.

Listed by Shipley Ranches

MLS# 6002233 • Active

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

Highlights

Generous 912.00-acre lot
LAND: The ranch showcases beautiful rolling topography and draws with a highly usable layout
Diverse hardwoods and strong grasses provide excellent grazing potential and beauty
Massive rock outcroppings dot the ranch
A main lake serves as a centerpiece
Roughly a dozen wet weather draws traverse the ranch feeding into each of these creeks

Facts & Features

Exterior & Lot
Lot Size
912.00 Acres
Financial
Original List Price
$11,995,000
Utilities
  • Electricity Connected
  • Water Connected

Transaction History

1 record on file

Every recorded listing, sale, and lease at 3501 CR120, whoever represented it.

  1. ActiveListed 2026
    Current price: $11,995,000Original list: $11,995,000MLS 6002233

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
$11,995,000
Original list
$11,995,000
Price movement
No verified reduction
Listed / DOM
May 13, 2026 · 162 days
Map showing 3501 Cr120
3501 Cr120
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
$65,918

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

20% ($2.4M)

Adjustable assumption - not a lending recommendation.

$11,995,000

Loan: $9.6M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

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List price

$11,995,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

162 days

Original to current

No verified reduction

$12M 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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Frequently Asked Questions

How much is 3501 Cr120?

3501 Cr120 is listed at $11,995,000 with 0 bedrooms, 912.00-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 22, 2026).

What school district is 3501 Cr120 in?

3501 Cr120 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.

How should a buyer estimate the monthly payment for 3501 Cr120?

This page does not assume a mortgage rate or publish a monthly payment for 3501 Cr120. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 3501 Cr120 compare with other homes in Marble Falls?

As of Oct 15, 2026, 3501 Cr120 is offered at $11,995,000. The current MLS snapshot shows 191 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.

Unlock MLSMLS GRID

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Based on information submitted to MLS GRID as of 10/15/2026, 1:07:06 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, 1:07:06 PM

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