
Perfectly located in the heart of fast-growing Marble Falls, this mixed-use property that is zoned for both residential and commercial use—offers potential for a home, office, studio, or live/work space. Near historic Main Street, Lake Marble Falls, and expansive city parks, 508 Avenue G places you right in the center of one of the Hill Country’s most vibrant communities. Lovingly updated, this 1955 gem blends timeless character with modern comfort. Updates include all-new plumbing, electrical system, HVAC, windows, insulation, tankless gas water heater, and security system wiring. Just add cameras if desired. The home’s open floor plan creates a welcoming, airy feel while maintaining its vintage charm, highlighted by original cabinetry in the kitchen and refinished hardwood floors. The bathroom is a true retreat, featuring glass walk-in shower and petite clawfoot tub, a perfect spot to unwind. Enjoy abundant natural light and energy efficiency thanks to insulated windows. Outside, the large triple lot offers space for a garden, chicken coop, and seating, with room left over for games or expansion. A towering pecan tree provides afternoon shade for the home and patio, while alley access makes it easy to add extra parking or even a secondary structure. Whether you’re looking for a Hill Country home, a commercial location, or an investment property with flexible zoning, this one-of-a-kind listing has it all. Don’t miss your chance to own a piece of historic Marble Falls!
Property Type
Residential
Year Built
1955
Lot Size
0.30 acres
$/Sq Ft
$281
Garage
3 spaces
Listed by eXp Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
508 Ave G is listed at $349,000 with 3 bedrooms, 1 full bathrooms, 1,242 square feet, 0.30-acre lot.
508 Ave G is zoned for Marble Falls ISD with assigned schools: Colt (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
508 Ave G is a Residential built in 1955 featuring 3 bedrooms, 1 full bathrooms, 1,242 square feet, 0.30-acre lot.
508 Ave G 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.
With 20% down ($69,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 508 Ave G is around $2,451 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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% ($70K)
$349,000
Luxury property intelligence
A sourced read on None pricing, timing, and property scale. No automated valuation claim.
List price
$349,000
Price per sqft
$281/sqft
Vs. None median
Not available
Days on market
344 days
Original to current
$150K reduction
$499K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 12, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $349,000, 508 Ave G is in the None market where there are currently 184 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ across Austin.
508 Ave G was built in 1955 (71 years ago). Buyers should budget for potential updates to major systems.
508 Ave G includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$499,000
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.
Best Match
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Active listings near 508 Ave G
Recent sales for market context