— bed, — bath on 87.00 acres in Marble Falls. Marble Falls, TX 78654. $5,900,000. Marble Falls ISD.
About This Home
Once-in-a-Lifetime Lake Travis Waterfront Ranch – 87 Acres
A truly rare opportunity to own one of the largest waterfront properties on Lake Travis--pristine Texas Hill Country with over half a mile of private shoreline, including a secluded cove. When combined with Ranch Lot 5 (MLS 9836850), this offering becomes 111 acres of an unmatched legacy ranch for the discerning buyer.
Tucked inside the private gated enclave of Dos Rios, this expansive ranch is positioned directly across from Pace Bend Park, offering panoramic, uninterrupted views of the lake—free from homes, docks, or noise. The property features multiple build sites framed by towering oaks, perfect for a luxury estate, multi-generational retreat, or exclusive getaway.
87 Acres (or combined 111 acres with Lot 5) of Scenic Hill Country Terrain. Over 0.5 Miles of Lake Travis Frontage. Private Cove with Incredible Waterfront Access. Wildlife Exemption for Significantly Lower Property Taxes. Abundant Native Wildlife Including Free-Roaming Whitetail Deer. Private Gated Access in the Exclusive Dos Rios Community. Directly Across from Pace Bend Park – Serene & Undisturbed Views. Easily Accessible Via Paved Roads West of Lago Vista.
Whether you're seeking a private lakeside haven or a long-term investment in Central Texas real estate, this property delivers extraordinary scale, privacy, and potential.
Lot 4 Colorado Canyon Drive in Marble Falls offers 87 acres of Lake Travis waterfront with the infrastructure and land configuration serious equestrian operations require. The property spans over half a mile of private shoreline on Lake Travis in Marble Falls, positioned directly across from Pace Bend Park and accessible via paved roads west of Lago Vista, making it one of the largest waterfront holdings in this section of Travis County.
The land itself supports multiple development sites framed by native oak cover, with terrain suited to both pasture development and facility placement. For equestrian buyers, the scale here is exceptional. Eighty-seven acres provides the room needed for arena construction, round pen facilities, barn placement, and extensive pasture rotation without the constraint of typical residential lot sizes. The wildlife exemption status significantly reduces property tax burden, a critical factor when managing agricultural and equestrian operations on this scale. The combination of usable acreage and water access creates flexibility for establishing boarding operations, breeding programs, or a private family ranch with serious infrastructure.
The waterfront component changes the equation entirely. Lake Travis access means water for livestock operations, potential for boat access to recreation, and the scenic backdrop that makes equestrian properties genuinely functional lifestyle assets rather than mere investments. The private cove and protected shoreline eliminate noise and activity disruption that typical lakefront communities generate. The gated enclave structure provides security perimeter without HOA restrictions that often complicate agricultural operations.
Location matters for operational logistics. Marble Falls sits in the heart of Hill Country horse country, with established feed suppliers, equine veterinary services, and a regional culture that supports serious horse ownership. The drive to Austin via Highway 71 remains reasonable for buyers balancing rural property ownership with city connectivity. Pace Bend Park directly across the water provides public recreation without requiring private land use.
At 6.9 million for 87 acres, this calculates to approximately $79,000 per acre, pricing that reflects the Lake Travis waterfront component plus the rare combination of scale, privacy, and equestrian-suitable terrain. Lot 5, available separately, would allow consolidation to 111 acres for buyers seeking even greater operational scope. The 222-day listing indicates serious buyers understand the specialized nature of this opportunity. This is land that functions as both hobby property and professional operation platform.
The numbers behind this insight
- Offered at
- $5,900,000
- Listed
- May 30, 2025
- Price changes
- Reduced, down 14.5% from $6,900,000
Keenan Luxury Market Index: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of October 22, 2026.
- Property Type
- Land
- Lot Size
- 87.00 acres
Listing information last updated September 10, 2026.
Listed by Kuper Sotheby's Int'l Realty
MLS# 3273454 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Trees-Heavy
- Lot Size
- 87.00 Acres
- Lake Front
- Waterfront
Financial
- Original List Price
- $6,900,000
Utilities
- Water Source
- Public
Transaction History
1 record on file
Every recorded listing, sale, and lease at Lot 4 Colorado Canyon DR, whoever represented it.
- ActiveListed 2025Current price: $5,900,000Original list: $6,900,000MLS 3273454
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $5,900,000
- Original list
- $6,900,000
- Price movement
- $1M reduction
- Listed / DOM
- May 30, 2025 · 510 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $10,091
- Assessment Year
- 2025
- Parcel ID
- 000000944382
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $10,091 | — | — |
Virtual Tour

Zoned Schools
Marble Falls ISD
Marble Falls
Marble Falls
Marble Falls
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($1.2M)
Adjustable assumption - not a lending recommendation.
$5,900,000
Luxury property intelligence
Keenan Market Position
A sourced read on Marble Falls pricing, timing, and property scale. No automated valuation claim.
List price
$5,900,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
510 days
Original to current
$1M reduction
$6.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
Request Private Market AnalysisConnect Lot 4 Colorado Canyon Dr to the Austin Market
78654 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume














