
Discover the perfect balance of convenience and tranquility with this premium Hill Country homesite in the heart of Marble Falls. Tucked away in a quiet, secluded neighborhood, this spacious 2.75 acre lot offers plenty of room to enjoy the beauty, privacy, and wide-open feel of the Hill Country—while still being just minutes from everything Marble Falls has to offer.
Build your custom dream home in a thoughtfully designed community where all homesites are over an acre, giving you space to breathe, relax, and create your ideal lifestyle. Enjoy quick access to HEB, downtown Marble Falls, Home Depot, and Marble Falls High School, along with the many attractions and recreational opportunities of the Highland Lakes area.
Take a drive through the neighborhood to see the beautiful new homes currently under construction and envision what’s possible. With workshops allowed and generous lot sizes, you’ll have the flexibility to truly make this property your own. Enjoy the community walk/bike/run trail.
Excellent dining, shopping, and top-tier medical facilities are all nearby—making this location as practical as it is picturesque. If you’re looking for Hill Country charm without sacrificing convenience, this is the ideal place to call home.
Property Type
Land
Lot Size
2.75 acres
HOA
$400/mo
Listed by Compass RE Texas, LLC
Property Details
Lot Features
Waterfront
Verified property facts
LOT 48 Park View DR 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.
LOT 48 Park View DR 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 LOT 48 Park View DR is $3,414. 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 ($43,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for LOT 48 Park View DR is around $1,400 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% ($43K)
$215,000
Luxury property intelligence
A sourced read on Mustang Ridge Estates pricing, timing, and property scale. No automated valuation claim.
List price
$215,000
Price per sqft
Not available
Vs. Mustang Ridge Estates median
Not available
Days on market
83 days
Original to current
No verified reduction
$215K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 14, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $215,000, LOT 48 Park View DR is in the Mustang Ridge Estates market where there are currently 185 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ across Austin.
LOT 48 Park View DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
LOT 48 Park View DR is part of a managed community with HOA dues of $400 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
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
$339,000
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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