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$359,000
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Taking Back-ups ~ Showings Still Available! Welcome to The Red Door Cottage, a fully renovated 1950 property ideally positioned in the heart of downtown Marble Falls, just one block from Main Street’s restaurants, shops, and the iconic Blue Bonnet Cafe.
Zoned Neighborhood Commercial, this property provides exceptional versatility - perfect for a professional office, boutique, wellness studio, or live/work space. Its prime corner location, ample parking, and pedestrian-friendly setting create endless opportunities for both business and residential use.
Originally constructed in 1950 and completely remodeled in 2020, the building was taken down to the studs and rebuilt with modern systems and timeless design. Improvements include a new roof, HVAC, plumbing, electrical, and appliances, while the renovation preserved key elements of its character - refinished original hardwood floors, the signature red front door, and a custom restored pocket door.
The inviting layout offers a flexible configuration suitable for office or residential use, featuring two private rooms, a full bath, and a light-filled common area accented by reclaimed wood paneling. The kitchen showcases a large marble island, abundant storage, and updated fixtures - ideal for a break area, client hospitality space, or residential convenience.
Outdoors, the property offers both a covered front porch and rear porch, perfect for client entry or employee relaxation. The oversized, shaded corner lot includes a fenced backyard and space for potential expansion or additional parking.
Formerly operated as a highly rated short-term rental known as “The Red Door Cottage,” the property has a proven income history and strong curb appeal, making it a standout opportunity in one of Marble Falls’ most desirable downtown locations.
An adjacent lot is also available for sale, offering potential for future growth or additional development.
Property Type
Commercial Sale
Year Built
1950
Lot Size
0.19 acres
Listed by HALLMARK LUXURY REAL ESTATE
Property Details
Flooring
Construction
Parking
Verified property facts
700 5th ST is a Commercial Sale built in 1950 featuring 0 bedrooms, 0.19-acre lot.
700 5th ST is listed by HALLMARK LUXURY REAL ESTATE. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Jul 1, 2026.
The most recent annual property tax for 700 5th ST is $5,429. 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 700 5th ST. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jul 1, 2026, 700 5th ST is offered at $359,000. The current MLS snapshot shows 181 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.
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2 records on file
Every recorded listing, sale, and lease at 700 5th ST, 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.
20% ($72K)
Adjustable assumption - not a lending recommendation.
$359,000
Luxury property intelligence
A sourced read on Marble Falls City pricing, timing, and property scale. No automated valuation claim.
List price
$359,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$40K reduction
$399K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Jul 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
700 5th ST was built in 1950 (76 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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