Commercial Land with Existing
For Sale
$5,150,000
501 12th Street, Marble Falls, TX 78654
Commercial Sale, Marble Falls, TX
Property Size22,217 SF
Lot Size10.28 Acres
Price / SF$231.80
Days on Market67
Property Features for 501 12th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From S US Highway 281 (US-281). Turn right onto FM 1431 (FM-1431). Go for 0.2 mi. Turn left onto Avenue F. Go for 0.1 mi. Turn right onto 12th St. Property will be on your left.
Standard status
Active
APN
028822
Size
22,217 SF
Lot size
10.28 Acres
Taxes and HOA fees
Tax Description
S6130 MARBLE FALLS 9.137 & 8.52 AC WCM BAKER SUR AB 124 S5218 HOLLY-NAUMANN LOT 2A 1.76
Legal Description
S6130 MARBLE FALLS 9.137 & 8.52 AC WCM BAKER SUR AB 124 S5218 HOLLY-NAUMANN LOT 2A 1.76
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1984
Flooring type
Carpet, Laminate, Hardwood
Listing Agency:
Coleman Team Realty, LLC
(830) 385-6184
Listed By:
Rose Brasuel
(830) 385-5950
Added: Jun 18
Changed: Aug 19
Last Checked: Aug 23 at 1:06AM
MLS# 178412
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 10.28-acre commercial land parcel includes two existing buildings totaling approximately 22,217 SF. The primary 18,267-SF building contains a gymnasium, commercial kitchen, restrooms, and approximately 11 offices; a second structure provides approximately 3,950 SF. The improvements were previously used as a private school campus and include carpet, hardwood, and laminate flooring, central heating, central air, and public sewer. More than 40,000 SF of concrete slabs and 275+ parking spaces are also on site.
The property is zoned C1-PDD, with stated allowances for multifamily housing, retail, restaurants, medical offices, daycare, education, religious assembly, recreation, professional services, and mixed-use development. The PDD includes a previously approved concept plan for approximately 180 multifamily units, while zoning allows up to 24 units per acre, subject to city approvals. City of Marble Falls utilities serve the property, with capacity to be verified by the buyer. The site is approximately 0.5 miles from the Highway 281 and FM 1431 intersection and near H-E-B, Downtown Marble Falls, and Lake Marble Falls.
The property is zoned C1-PDD, with stated allowances for multifamily housing, retail, restaurants, medical offices, daycare, education, religious assembly, recreation, professional services, and mixed-use development. The PDD includes a previously approved concept plan for approximately 180 multifamily units, while zoning allows up to 24 units per acre, subject to city approvals. City of Marble Falls utilities serve the property, with capacity to be verified by the buyer. The site is approximately 0.5 miles from the Highway 281 and FM 1431 intersection and near H-E-B, Downtown Marble Falls, and Lake Marble Falls.
Key Highlights
- 10.28‑acre commercial land parcel in Marble Falls
- Two buildings total approximately 22,217 SF
- Main building includes a gymnasium, commercial kitchen, restrooms, and approximately 11 offices
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C1-PDD zoning supports multifamily, retail, office, education, and other commercial uses subject to city approvals.
Where is this commercial land located?
The property is located at 501 12th Street Marble Falls, TX.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: 10.28‑acre commercial land parcel in Marble Falls; Two buildings total approximately 22,217 SF; Main building includes a gymnasium, commercial kitchen, restrooms, and approximately 11 offices
