9 days on rocket

500 Lakeshore Dr, Marble Falls, TX, 78654

$1,995,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,397 SqFt
$832/SqFt
House
Schools Nearby

Location

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500 Lakeshore Dr, Marble Falls$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1965
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
ViewWater
MLS #5221999
Lot Size0.57 Acres
StatusActive

About 500 Lakeshore Dr

Beautifully remodeled lake house sits on double lot (verified with City it can be split) with private boat dock with party deck and a truly stunning view of Lake Marble Falls. Featuring a single story layout with 5 bedrooms 3 baths and 2 living areas, dedicated laundry room, plus an office, this retreat is the perfect spot to entertain and enjoy lake life in Marble Falls. This home features modern upgrades including fresh tile, custom white oak cabinetry, solid core interior doors, quarts countertops, updated mechanicals, and spray foam insulation. Windows have been upgraded and the entire roof was reframed, decked with 30 year architectural shingles. This property escaped the previous flood in 2018 being at one of the highest points of all of Lakeshore Dr and enjoys a grandfathered flood insurance policy. If you are looking for a freshly renovated space on the lake, this is a fantastic opportunity. 3 minutes from The Blue Bonnet Cafe and just across the inlet from Johnson Park you can't be better positioned to enjoy your summer with friends and family. The adjacent city park has several playgrounds as well as a pool and lakeside beach.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 1
  • Living Area: 2,397 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Austin Stowell

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Range, Disposal, Gas Water Heater, Range, Washer
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Ceiling Fan(s), Main Level Primary, No Interior Steps, Quartz Counters, Wired for Data, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Water
  • Exterior: Basketball Court, RV Hookup

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit
  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Marble Falls High School, Public District Grades 9-12
  • Marble Falls Middle School, Public District Grades 6-8
  • Marble Falls Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 281 turn onto 2nd street. Then turn left on Ave J, and left again onto Colorado St. The home is on the left hand side at the end of the street. If you hit the lake you've gone too far.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $832/SqFt

Tax Information:

  • Annual Amount: $9,991
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Marble Falls, TX.

Med. Sold Price

$475K

Med. Price/SqFt

$240

Avg. Days On Market

127

# of Sold Homes

11

500 Lakeshore Dr vs Marble Falls

9 DAYS ON ROCKET

-118 Days

$1,995,000

+$1.5M More

$832/SqFt

+$592 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $592/SqFt more than other homes in Marble Falls, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #5221999

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Austin Stowell

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/4/2024, 10:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,991$490,898
2019$7,898$356,428
2018$7,792$341,536
2017$7,183$309,875

History based on county public records data.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5876458
6
/10
  • Marble Falls Elementary School

  • 901 Avenue U

  • 1.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5876459
3
/10
  • Marble Falls Middle School

  • 1511 Pony Dr

  • 1.37 miles

  • Public District Grades 6-8

High School

school-card-donut-5876460
4
/10
  • Marble Falls High School

  • 2101 Mustang Dr

  • 2.14 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,193. Most Marble Falls, TX residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Lakeshore Dr

What is the listing price of this property?

The listing price of 500 Lakeshore Dr property is $1,995,000.

What type of property is this?

The property 500 Lakeshore Dr is a house located in Marble Falls, Texas, 78654.

Is this property for sale now?

Active Listing: 500 Lakeshore Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 500 Lakeshore Dr are:
Marble Falls Elementary School: GreatSchools Rating 6/10
Marble Falls Middle School: GreatSchools Rating 3/10
Marble Falls High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,991 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 500 Lakeshore Dr has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 500 Lakeshore Dr is 2,397 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Lakeshore Dr is 1965.

Rocket HomesTexasBurnet CountyMarble Falls78654500 Lakeshore Dr

This home is located at 500 Lakeshore Dr in Marble Falls, TX and zip code 78654 in the Marble Falls City neighborhood. This 2,397 square foot home, which was built in 1965, sits on a 0.57 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $1,995,000.

In April 2024, from all listings sold in Marble Falls, TX there were more than 0 sold above asking price, over 10 sold below and more than 1 were sold right at the asked price. In April 2024 in Marble Falls, TX there were 31.4% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $475,000, while the average time on the real estate market was 127 days.

From Rocket Homes Real Estate and based on county public records data.

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