
— bed, — bath on 1.87 acres in Marble Falls. Marble Falls, TX 78654. $1,199,000. Marble Falls ISD.
Prime Commercial Opportunity: 2-Acre View Lot in Marble Falls. Unlock the potential of the Texas Hill Country with this premier commercial offering. Situated on nearly 2 acres with a commanding vantage point, this property offers spectacular, unobstructed views of Lake Marble Falls, making it one of the most desirable development sites in the area. A current survey is available, streamlining your due diligence process. Ideally suited for commercial development, think upscale dining, hospitality, or executive offices. Marble Falls is experiencing significant economic momentum. Secure your footprint in this growing market before this "view from the top" is gone.
The defining advantage here is simple: 503 W Fm 2147 Hwy offers 1.87 acres of unimproved land with unobstructed views of Lake Marble Falls, a combination that is hard to replace in a market where view sites drive both demand and long-term positioning. In Marble Falls, within Marble Falls, TX 78654 in Burnet County, this tract stands out for what it allows a buyer to control from day one: land, elevation, outlook, and use.
At $1.20M, the value proposition is tied less to existing improvements and more to the scarcity of a view-oriented site of this size. This is raw land, which matters. There is no legacy structure, no retrofit calculation, and no compromise with an outdated footprint. The current survey referenced in the remarks adds a practical advantage for due diligence, giving a buyer a clearer starting point as they evaluate access, layout, and development strategy. With 30 days on market, it remains a timely opportunity in Marble Falls rather than a stale one.
The setting supports a commercial lens because the strongest asset here is not a finished building but the site itself. A tract like this can carry weight for uses that depend on visibility, arrival, and a memorable vantage point. That is why the lake view is not just cosmetic. In Hill Country real estate, view exposure changes how a property is perceived, how it is used, and how defensible its value can be over time. The Marble Falls location reinforces that logic, placing the property inside an active local market rather than on the fringe.
For buyers weighing future utility alongside location fundamentals, the school path also helps frame the broader area context. The property is in Marble Falls ISD, with Marble Falls Elementary, Marble Falls Middle, and Marble Falls High School serving the district. Even for a land purchase that may be evaluated primarily through a commercial or investment lens, district clarity remains part of how sophisticated buyers assess location stability and surrounding demand patterns.
There are no artificial details needed to make the case here. This is a 1.87 acre unimproved tract in Marble Falls with Lake Marble Falls views, a current survey, and a Marble Falls address in a part of Burnet County where well-positioned land can do more work than finished product. The buyer who understands site leverage will see this as a chance to secure a finite piece of view-driven ground before the market prices that scarcity even higher.
Verified property facts
503 W Fm 2147 Hwy 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.
503 W Fm 2147 Hwy is listed by Horseshoe Bay Resort Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
The most recent annual property tax for 503 W Fm 2147 Hwy is $15,755. 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.
This page does not assume a mortgage rate or publish a monthly payment for 503 W Fm 2147 Hwy. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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1 record on file
Every recorded listing, sale, and lease at 503 W Fm 2147 Hwy, 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% ($240K)
Adjustable assumption - not a lending recommendation.
$1,199,000
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List price
$1,199,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
229 days
Original to current
No verified reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 1, 2026, 503 W Fm 2147 Hwy is offered at $1,199,000. The current MLS snapshot shows 185 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.
Car-Dependent
N/A
N/A
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
2 events on record
Current Price
$1,199,000
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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