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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
Garage
2 spaces
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 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.
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.
With 20% down ($71,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 700 5th ST is around $2,315 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $359,000, 700 5th ST is in the Marble Falls City market where there are currently 187 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ across Austin.
#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.
20% ($72K)
$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. Marble Falls City median
Not available
Days on market
225 days
Original to current
$40K reduction
$399K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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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.
Best Match
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Active listings near 700 5th ST
Recent sales for market context