Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    103 Palmie Ln Marble Falls, TX 78654

    View on Map
    Sponsored
    For Sale
    $1,250,000

    LAND - Marble Falls, TX

    Property size:
    2,400 SF
    Lot size:
    10.05 Acres
    Days on Market:
    9
    Last Refresh:
    Mar 27 at 12:06 am

    Property Features for 103 Palmie Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    025904
    Size
    2,400 SF
    Lot size
    10.05 Acres

    We can help!

    Listing Contact
    Lesli Akers

    Keller Williams Lake Travis

    Listing agent Lesli Akers

    Listing date Mar 19, 2026

    MLS# 172643

    Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land with Panoramic Lake Views

    This property features over 10 acres situated at a high elevation in the Marble Falls area, providing panoramic views of Lake Marble Falls, downtown Marble Falls, and the surrounding Texas Hill Country. The land includes mature oaks, native trees, and granite outcroppings. A canyon creates a natural buffer, enhancing privacy and framing Hill Country views. A two-story, 2,400 sqft home built in 2001 with 3 bedrooms and 3.5 bathrooms is located on the property and can be used as a residence, guest house, or potential rental (subject to permits). It can also serve as a temporary residence while planning a future custom home. Additional improvements include two detached carports and two large water storage tanks. The property is located approximately 2 miles from historic Marble Falls and about 5 miles from Horseshoe Bay Resort, with easy access to Lake LBJ, medical facilities, and regional retail development. Buyers may explore the potential for future rezoning or subdivision opportunities, subject to city approvals and development requirements. A new survey is available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Marble Falls
    County
    Llano
    State
    Texas
    Longitude
    -98.2798
    Latitude
    30.5769

    Nearby Similar for Sale

    • $1,550,000
      4,342 SF

      Professional Building on Highway 281

      Versatile commercial building in Marble Falls with high visibility.
      2300 N Us Highway 281, Marble Falls, TX 78654
      View Details
    • $1,550,000
      4,342 SF

      Functional Building on Highway 281

      Versatile commercial building in Marble Falls with high visibility.
      2300 N Us Highway 281, Marble Falls, TX 78654
      View Details
    • $425,000
      0.26 Acres

      Commercial Building with Two Units

      Commercial building with two units, retail and shop space.
      2414 Commerce St, Marble Falls, TX 78654
      View Details
    • $395,000
      2,804 SF

      Marble Falls Duplex Investment Opportunity

      Two-story duplex in Marble Falls near shopping and lakes.
      1502 N Claremont Cir, Marble Falls, TX 78654
      View Details
    • $359,000
      1,214 SF

      Restored Cottage Near Main Street

      Charming, remodeled cottage with residential and commercial zoning.
      700 5Th St, Marble Falls, TX 78654
      View Details
    • Contact for pricing
      1,000 SF

      Upgraded Apartment Near Downtown

      Upgraded 2 bed, 1 bath apartment near downtown Marble Falls.
      401 Avenue J, Marble Falls, TX 78654
      View Details
    • $399,000
      1,242 SF

      Mixed-Use Property in Marble Falls

      Mixed-use property in the heart of Marble Falls, Texas.
      508 Avenue G, Marble Falls, TX 78654
      View Details
    • Contact for pricing
      812 SF

      Marble Falls Multifamily Property

      Well-maintained duplex near city park and elementary school.
      411 Avenue S, Marble Falls, TX 78654
      View Details
    • Contact for pricing
      1,312 SF

      Claremont Duplex in Marble Falls

      Well-kept duplex with upgrades, storage, and a two-car garage.
      1505 Claremont Cir, Marble Falls, TX 78654
      View Details
    • Contact for pricing
      805 SF

      Well-Maintained Home in Marble Falls

      Home with vinyl plank flooring, vaulted ceilings, and modern amenities.
      408 Avenue S, Marble Falls, TX 78654
      View Details
    • Contact for pricing
      805 SF

      Well-Maintained Home in Marble Falls

      Home with vinyl plank flooring, vaulted ceilings, and modern amenities.
      407 Avenue S, Marble Falls, TX 78654
      View Details
    • Contact for pricing
      843 SF

      Marble Falls Multifamily Property

      Centrally located Marble Falls multifamily property near HEB.
      1107 Broadway St, Marble Falls, TX 78654
      View Details

    FAQs

    What type of property is this?
    Land - 10+ acres with views near Marble Falls and Horseshoe Bay.
    Where is this land located?
    The property is located at 103 Palmie Ln Marble Falls, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Sweeping panoramic views of Lake Marble Falls, downtown Marble Falls, and the Texas Hill Country due to high elevation.; - Over 10 acres of land with mature oaks, native trees, and granite outcroppings.; - Exceptional location minutes from Marble Falls, Horseshoe Bay Resort, and Lake LBJ.
    (512) 263-9090
    Request Owner's contact information
    103 Palmie Ln Marble Falls, TX 78654
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    103 Palmie Ln
    Marble Falls, TX 78654
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Palmie Ln Marble Falls, TX 78654
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lesli Akers
    Real Estate License ID: 0446600
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!