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401 Crestview Drive

Marble Falls, TX 78654
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Bed 5

Bed

Bath 8

Bath

SqFt5,184

Sqft

Acres1.67

Acres(Lot)

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 bunkroo m 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,400,000

AD Id : 79354505

MLS Id : 4283530

Beds : 5

Lot Size : 1.67 Acres

Living Area Size : 5,184

Year Built : 1950

Garage : 7

County : Burnet

Subdivision: Loxahatchee Acreage

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 8 Full Baths: 5 Half Baths: 3

    Roofing Information

    Membrane, Metal

    Flooring Information

    Concrete, Tile, Wood
  • Interior Features

    MainLevelPrimary, RecessedLighting, SoakingTub, WalkInClosets
    Roof: Membrane, Metal
    Appliances: BuiltInOven, Dishwasher, GasCooktop, Microwave, Refrigerator, RangeHood, StainlessSteelAppliances
    Laundry Features: LaundryRoom, MultipleLocations
  • Heating & Cooling

    Heating: Central Has Cooling: Yes Water front: 1

  • Building Information

    Year Built: 1950
    Construction Materials: HardiplankType, Masonry, Stone
    Stories: 2
    Pool Features: None
    Private Pool: No
    Water front Features: LakeFront,Waterfront,BoatRampLiftAccess
    View: Lake, TreesWoods, Water
  • Exterior Features

    Exterior Features: BoatLift, BoatSlip, Dock, PrivateYard

  • Lot Information

    Main Square Feet: 1.67 Lot Size Acres: 1.67 Lot Description: BackYard,CornerLot,SlopedDown,FrontYard,Private,Views

    Property Information

    Subdivision: Rippy-Baker Sub Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: Northwest Levels: Two Property Age: 76

  • Listing Price Information

    Listing Price: $2400000
    Cash, Conventional

  • Tax Information

    Parcel Number: 63945 Tax Lot: 1C Tax Year: 2026 Annual Tax: $25425.17 Tax Legal Desc: S7295 RIPPY-BAKER SUB LOT 1C

  • Parking Information

    AdditionalParking, Attached, Garage, RvAccessParking, WorkshopInGarage

    Garage Information

    Garage Space: 7

  • School Information

    Elementary School: Colt Junior High School: Marble Falls Senior High School: Marble Falls
  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: From 281, turn onto 4th Street. Property is located at the corner of Crestview Drive and 4th Street. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
24105 Fm 1431, Marble Falls, TX, 78654 $2,300,000 2 1 800 800 SqFt
6021 Circle J Road, Marble Falls, TX, 78654 $1,899,999 6 6 6,095 6,095 SqFt
23535 Lakeside Drive, Marble Falls, TX, 78654 $899,000 3 3 2,720 2,720 SqFt
23614 Midway Drive, Marble Falls, TX, 78654 $650,000 3 1 1,000 1,000 SqFt
4834 Travis Oaks Drive, Marble Falls, TX, 78654 $800,000 4 3 3,191 3,191 SqFt
23521 Flat Creek Drive, Marble Falls, TX, 78654 $1,355,000 4 4 3,644 3,644 SqFt
23709 NE Circle Drive, Marble Falls, TX, 78654 $390,000 2 2 1,440 1,440 SqFt
23901 Redbird Trail, Marble Falls, TX, 78654 $549,900 3 2 1,512 1,512 SqFt
4948 Travis Oaks Drive, Marble Falls, TX, 78654 $545,000 3 3 2,696 2,696 SqFt
24415 Singleton Bend Road, Marble Falls, TX, 78654 $725,000 4 4 2,943 2,943 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/04/2026 @ 10:24

MLS: 4283530 LISTED BY: Elsa Decker, Moreland Properties 512-480-0848 SOURCE: ACTRIS

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