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Four-Duplex Residential Property
For Sale
$1,195,000

307 309 311 313 Avenue S, Marble Falls, TX 78654

Commercial Sale, Marble Falls, TX

Property SizeContact for details
Lot Size0.48 Acres
Days on Market234

Property Features for 307 309 311 313 Avenue S

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning ENZ 3 res
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2
Appliances Dishwasher, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater
Directions From Hwy 281, turn West on 2nd Street, left on Avenue J, go thru Johnson Park, Right on Johnson St., right on South Avenue S., OR From FM 1431, South on Avenue Q, right on Broadway, left on Avenue S, all the way to the end; 4 colorful duplexes of Yellow, Green, Blue & Red
Standard status Active
APN 082347
Lot size 0.48 Acres

Taxes and HOA fees

Tax Description Lots 10A, 11A, 12A, and 13A, Block 269, City of Marble falls, Burnet Co., TX
Legal Description Lots 10A, 11A, 12A, and 13A, Block 269, City of Marble falls, Burnet Co., TX

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1984
Floors in Building 2
Number of units 8
Flooring type Laminate, Tile
Building materials Wood Siding, HardiPlank Type
Roof type Composition
Listing Agency: Hurst Realty, LLC
Listed By: Jane Marie Hurst · License #0560277
Added: Feb 2 Changed: Sep 15 Last Checked: Sep 24 at 7:06PM
MLS# 176371

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.

Investment Insights

Based on property information with market context.

This offering includes four income-producing duplexes, with each unit providing two bedrooms, one and a half bathrooms, and a two-story plan with a loft. Units measure approximately 924 square feet and include laminate and tile flooring, central air, electric heat, dishwashers, electric ranges, refrigerators, and washer hookups. The property was built in 1984 and occupies 0.48 acres. Recent property improvements include a new composition roof and fresh exterior paint, while public water and public sewer serve the site.

The property is located near multiple parks, hike-and-bike trails, a dog park, basketball courts, playgrounds, and Lake Marble Falls. Zoning is ENZ 3 res.

Key Highlights

  • Four income‑producing duplexes on a 0.48‑acre property
  • Each unit offers 2 bedrooms, 1.5 bathrooms, and a two‑story loft layout
  • Approximately 924 square feet per unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 78654, TX

19,698
Population
9,764
Households
2
Avg Household Size
45
Median Age
33%
College-Educated
89%
High-School Grad
201.3 sq mi
ZIP Area
98
Density / Sq Mi
$72,669
Median Household Income
$37,391
Median Earnings
$1,404
Median Rent
$315,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Four income-producing duplexes with updated exteriors and convenient access to parks, trails, and Lake Marble Falls.
Where is this duplex located?
The property is located at 307 309 311 313 Avenue S Marble Falls, TX.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Four income‑producing duplexes on a 0.48‑acre property; Each unit offers 2 bedrooms, 1.5 bathrooms, and a two‑story loft layout; Approximately 924 square feet per unit
More about this property
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