Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    13.72 Acres in Marble Falls Title is generated by Realmo AI

    4745 county road 120, Marble Falls, TX 78654

    View on Map
    Claim this Listing
    For Sale
    $535,000

    LAND - Marble Falls, TX

    Property size:
    598,878 SF
    Lot size:
    13.72 Acres
    Price / SF:
    $0.89/SF
    Added:
    Feb 18, 2026
    Days on Market:
    101
    Last Refresh:
    May 30 at 3:06 am

    Property Features for 4745 county road 120

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    FR
    Standard status
    Active
    Size
    598,878 SF
    Lot size
    13.72 Acres

    Taxes and HOA fees

    Tax Annual Amount
    269

    We can help!

    Listing Contact
    Jose Espinoza

    Listing agent Jose Espinoza

    Listing office Home Team of America 16719 Huebner Rd, TX

    Listing date Feb 18, 2026

    MLS# 1911697 Listing URL

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

    HighLights

    • 13.72‑acre property with stunning views and a tranquil environment in the Texas Hill Country.
    • Flat, clear pad ready for new home construction.
    • Newer septic system and electricity already on‑site.
    • Convenient access to Austin, San Antonio, and surrounding areas via nearby highways.
    • Minutes away from Fredericksburg, Horseshoe Bay, and Marble Falls downtown offering dining, shopping, and recreation.
    • Proximity to Longhorn Caverns State Park and Buchanan Lake.

    Overview

    This 13.72-acre property offers views and a tranquil environment. It is conveniently located near highways, providing easy access to Austin, San Antonio, and the surrounding areas. The property is near Fredericksburg, Horseshoe Bay, offering local dining, shopping, and recreational activities, and Marble Falls downtown. Longhorn Caverns State Park and Buchanan Lake are also nearby. On-site features include a flat clear pad for new home construction, a newer septic system, and electricity.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Marble Falls
    County
    Llano
    State
    Texas
    Longitude
    -98.327316
    Latitude
    30.651369

    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
    • $1,750,000
      8,658 SF

      Marble Falls Multi-Unit Investment Property

      Ten-unit multifamily property in Marble Falls with immediate income.
      1701-1803 Johnson Street, Marble Falls, TX 78654
      View Details
    • $799,000

      Prime Commercial Land in Marble

      Commercial land near downtown Marble Falls, suitable for various businesses.
      100 Main Street, Marble Falls, TX 78654
      View Details
    • $1,500,000

      Prime Commercial Land, Marble Falls

      High-visibility commercial land with highway frontage in thriving Marble Falls.
      Steve Hawkins Parkway, Marble Falls, TX 78654
      View Details
    • $1,500,000

      Prime Commercial Land in Marble

      High-visibility commercial tract in a rapidly growing Texas market.
      Gateway Central, Marble Falls, TX 78654
      View Details
    • $5,250,000
      22,217 SF

      Marble Falls Redevelopment Opportunity

      10.28-acre commercial property in Marble Falls, Texas.
      501 12th Street, Marble Falls, TX 78654
      View Details
    • $160,000

      Downtown Marble Falls Development Opportunity

      Prime lot near Main Street with residential/commercial potential.
      5th Street lot: 7-A, Marble Falls, TX 78654
      View Details
    • $375,000
      2,804 SF

      Marble Falls Duplex Investment Opportunity

      Two-story duplex in Marble Falls, Texas, near lakes and amenities.
      1502 N Claremont Circle, Marble Falls, TX 78654
      View Details
    • $2,150,000
      3,275 SF

      Highway Frontage Commercial Property

      Multi-use property with highway frontage and development potential.
      5526 N U.S. Highway 281, Marble Falls, TX 78654
      View Details
    • $1,199,000

      Prime Commercial Land View Lot

      Premier 1.87-acre commercial land with spectacular lake views in Marble Falls.
      503 W Fm 2147, Marble Falls, TX 78654
      View Details
    • $299,000

      Prime Land in Marble Falls

      0.87 acre property with development potential in Marble Falls.
      711-1 Avenue N, Marble Falls, TX 78654
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 13.72-acre property with views and convenient location.
    Where is this residential land & home lot located?
    The property is located at 4745 county road 120 Marble Falls, TX.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: 13.72‑acre property with **stunning views** and a tranquil environment in the Texas Hill Country.; Flat, clear pad **ready for new home construction**.; Newer septic system and electricity already on‑site.
    (281) 496-7500
    We can help!
    Listing Contact
    Jose Espinoza
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    4745 county road 120, Marble Falls, TX 78654
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!