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Eight-Unit Apartment Building
For Lease
$995/Mo
Pending

501 Avenue J # 203, Marble Falls, TX 78654

Residential Income, Marble Falls, TX

Space SizeContact for details
Lot Size0.38 Acres
Days on Market25

Property Features for 501 Avenue J # 203

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater
Elementary school district Marble Falls
Middle school district Marble Falls
High school district Marble Falls
Directions Hwy 281 to 5th Street, west on 5th Street. Apartments are at the corner of 5th street and Avenue J
Standard status Pending
APN 028567
Size 770 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Description Marble FallsCity Lot 17, 18, 19, 20, Block 32
Legal Description Marble FallsCity Lot 17, 18, 19, 20, Block 32

Utilities

Heating system Central
Cooling system Central Air

Amenities

assigned covered parking
washer & dryer

Building Details

Year built 2003
Number of units 1
Flooring type Laminate, Concrete
Building materials Wood Siding, HardiPlank Type
Listing Agency: TJM Realty Group
Listed By: Aide Ochoa · License #0745766
Added: Aug 10 Changed: Sep 2 Last Checked: Sep 3 at 10:06PM
MLS# 179037

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 2003 apartment property comprises eight private units, each configured with one bedroom and one bathroom. The apartments include bonus rooms suited to office or media use, walk-in closets, kitchens with electric ranges, dishwashers, and cabinetry, plus in-unit washers and dryers. Central heating and central air serve the residences, with laminate and concrete flooring and wood siding or HardiPlank construction. Assigned covered parking is provided.

The property occupies 0.38 acres at 501 Avenue J in Marble Falls. Downtown restaurants, clubs, and shops are within walking distance, while Johnson Park and Lake Marble Falls are also described as a short walk away. The property size is 770 square feet.

Key Highlights

  • Eight apartment units on a 0.38‑acre property
  • Each unit offers 1 bedroom and 1 bathroom
  • 770 square feet property size

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

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

Lease Details

8
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,068
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Eight private apartments offer one-bedroom layouts with bonus rooms, in-unit laundry, covered parking, and central HVAC.
Where is this apartment building located?
The property is located at 501 Avenue J # 203 Marble Falls, TX.
What is the lease rate?
The lease rate is $995/Mo.
What are key features of this property?
This property features: Eight apartment units on a 0.38‑acre property; Each unit offers 1 bedroom and 1 bathroom; 770 square feet property size
More about this property
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