Waterfront - Primary on Main
Address
401 Crestview Dr, Marble Falls, TX
Price
$ 2,200,000

Your Agent

Yvonne Singh

Yvonne Singh

Agent

512-969-6173

Property Attributes
  • MLS#4283530
  • TypeSingle Family
  • Listing Status Active
  • CountyBURNET
  • CityMarble Falls
  • AreaBU
  • NeighborhoodRippy-Baker Sub
  • Zip78654
  • StyleSingle Family Residence
  • Year Built1950
  • Taxes$ 25425
  • Price$ 2,200,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms3
  • Sqr Footage5184
  • Lot Size1.67 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description

Perched above Lake Marble Falls in a quiet, laid-back area of town, this rare 1.67-acre dual-lot property offers the perfect blend of relaxed lake living and unmatched versatility for entrepreneurs, investors, and outdoor enthusiasts. This unique, in-town opportunity features 3 different structures for future flexibility. The main home, with quaint 1950s charm, features 4 bedrooms, 3.5 baths, two spacious living areas, and outdoor spaces with panoramic lake and Hill Country views. Primary and secondary bedroom suites are located on the main floor, while the lower level includes two additional bedrooms and a game room. Near the main home, a modern two-story structure could act as a guest home with an upstairs apartment and deck with incredible views. Downstairs is a converted garage bunkroom with a kitchenette and bath, offering flexible accommodations for guests, extended stays, or short-term rentals. Adjacent to the main house, the third structure spans approximately 3000 SF with 2100 SF of fully insulated and heated/cooled garage, including a half bath and large spaces for equipment storage or all the hobby areas you need! This building adds extraordinary functionality rarely found on the lake and in town. It is ready to be a workshop, office, exercise room, additional parking, etc. A golf cart path winds down to a private single-slip boat dock with a party deck and storehouse, creating effortless access to days on the water. Enjoy the structures as they stand, or plan your own custom build. All this plus convenience to shopping, restaurants, and necessities in Marble Falls. Less than half a mile to Bluebonnet Cafe, a half mile to Main Street and live music at Old Oak Square, and only 1.3 miles from HEB. City utilities. Short-term rentals are allowed with registration with the City. Nothing like it elsewhere on the lake at this price point. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Elementary School Middle School High School
Colt Elementary School Marble Falls Middle School Marble Falls High School
Price History
5/27/2026 Listed $2,400,000
8/10/2026 9$2,200,000

General Features

Living Area 5184
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Membrane,Metal
Appliances Built-In Oven(s),Dishwasher,Gas Cooktop,Microwave,RNGHD,Refrigerator,Stainless Steel Appliance(s)
Garage Spaces 7
Patio/Porch Features Covered,Deck,Porch
Pool Features None
Construction Materials HardiPlank Type,Masonry – Partial,Stone
Year Built 1950
View Lake,Trees/Woods,Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Lake Front,Waterfront
Community Features None
Accessibility None
County Burnet
New Construction No
Property Type Residential
HOA No
Energy Efficient None
Subdivision Name Rippy-Baker Sub
Facing Direction Northwest
Green Sustainability None
Other Structures Guest House,Workshop
Full Baths 5
Status Active
Directions From 281,turn onto 4th Street. Property is located at the corner of Crestview Drive and 4th Street.
High School Marble Falls
City Marble Falls
Body of Water Lake Marble Falls
Disclosures Lead Base Paint Addendum,Seller Provided Survey Available,Water District
MLS Area BU
Lot Size Square Feet 72745.2
Elementary School Colt
Tax Annual Amount 25425.17
Middle/Junior High School Marble Falls
Property Condition Resale
Additional Parcels Y/N Yes
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1446009

Interior Features

Interior Amenities Primary Bedroom on Main,Recessed Lighting,Soaking Tub,Walk-In Closet(s)
Flooring Concrete,Tile,Wood
Total Fireplaces 2
Fireplace Features Bath,Living Room
Window Features Window Treatments
Half Baths 3
Total Bedrooms 5
Main Level Bedrooms 2
LivingAreaSource See Remarks
Total Baths 8

Exterior Features

Exterior Amenities Boat Dock - Private,Boat Lift,Boat Slip,Private Yard
Fencing None
Parking Features Additional Parking,Attached,Garage,RV Access/Parking,Workshop in Garage
Lot Features Back Yard,Corner Lot,Front Yard,Private,Sloped Down,Views
Water Source Public
Total Parking 10
Foundation Details Slab
Lot Size Acres 1.67
Waterfront Y/N Yes
Covered Spaces 7
Horse Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78654

Price
AVG $990K
$2.2M
Taxes
AVG $11,659
$25,425
Year Built
AVG 2001
1950
Visits
AVG 47
124
Data Provided by Inside Real Estate®

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Your Agent

Yvonne Singh

Yvonne Singh

Agent

512-969-6173

Listed By
Moreland Properties;

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