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Keenan Group#1 Austin Board of Realtors Team 2024
638 W FM 2147, photo 1 of 6, Marble Falls, Marble Falls, TX
Active

$495,000

0.42 acresLot

638 W FM 2147, Marble Falls, TX 78654

Reduced 43%$872,000
Marble Falls·MLS# 6640022·362 days on market

— bed, — bath on 0.42 acres in Marble Falls. Marble Falls, TX 78654. $495,000. Marble Falls ISD.

About This Home

Gorgeous, rare waterfront lot on the deep section of Lake Marble Falls, the lake most highly regarded for smooth water, beauty and privacy! This is the lake you want if skiing, wakeboarding, wake surfing, kayaking, and paddle boarding are your favorite water sports. You won't find another vacant lot on Lake Marble Falls of this quality and desirability with water and sewer services from the City of Marble Falls. This lot has exceptional waterfront improvements providing maximum convenience and enjoyment of the lake. This lot has undergone a detailed entitlement process, and plans have been prepared for an exquisite 4600sf home designed to preserve the large pecan trees, offering natural beauty and nice shade. Your future lake home is conveniently located close to all of the retail services of Marble Falls, as well as the highly acclaimed Baylor Scott and White Hospital and medical clinics. Don’t miss this rare opportunity to create your family’s dream lakefront home!

Property Type
Land
Lot Size
0.42 acres

Listing information last updated October 12, 2026.

Listed by Weber Properties, LLC

MLS# 6640022 • Active

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

Highlights

Generous 0.42-acre lot
This lot has exceptional waterfront improvements providing maximum convenience and enjoyment of the lake

Facts & Features

Exterior & Lot
Lot Size
0.42 Acres

Waterfront

  • Lake Front
Financial
Original List Price
$872,000
Utilities
  • Electricity Available
  • High Speed Internet
  • Sewer Available
  • Water Available
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 638 W FM 2147, whoever represented it.

  1. ActiveListed 2025
    Current price: $495,000Original list: $872,000MLS 6640022
    1. Price changed · February 28, 2026$690,000
    2. Price changed · April 1, 2026$649,000
    3. Price changed · April 22, 2026$595,000
    4. Price changed · October 12, 2026$495,000

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
$495,000
Original list
$872,000
Price movement
$377K reduction
Listed / DOM
Oct 24, 2025 · 362 days
Map showing 638 W FM 2147
638 W FM 2147
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.

20% ($99K)

Adjustable assumption - not a lending recommendation.

$495,000

Loan: $396K
Mortgage rate%
Payoff: ~2056
No mortgage rate is assumed
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Keenan Market Position

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

List price

$495,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

362 days

Original to current

$377K reduction

$872K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Verified property facts

Frequently Asked Questions

How much is 638 W FM 2147?

638 W FM 2147 is listed at $495,000 with 0 bedrooms, 0.42-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 21, 2026).

What school district is 638 W FM 2147 in?

638 W FM 2147 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 638 W FM 2147?

This page does not assume a mortgage rate or publish a monthly payment for 638 W FM 2147. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 638 W FM 2147 compare with other homes in Marble Falls?

As of Oct 16, 2026, 638 W FM 2147 is offered at $495,000. 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.

What is the water access at 638 W FM 2147?

The MLS listing marks 638 W FM 2147 as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

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 10/16/2026, 8:07:05 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.

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Last updated: 10/16/2026, 8:07:05 AM

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