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    Hwy 71 and 281 Marble Falls, TX

    Sponsored
    Source: https://asterra.com
    For Sale
    Contact for pricing

    288 AC Development Opportunity on the corner of Hwy 71 and 281 FOR SALE

    Property size:
    12,545,280 SF

    Description

    Added:
    Mar 27, 2025
    Days on Market:
    286
    This 288-acre site, strategically located at the corner of Highway 71 and 281, represents a prime development opportunity just outside Marble Falls, Texas. With its substantial size and ideal location, this property is perfectly positioned to capitalize on the region’s growth and appeal.

    Situated at the intersection of two major highways, this site offers excellent accessibility and visibility. Its proximity to Marble Falls, a vibrant community known for its scenic beauty and growing population, enhances its attractiveness for potential development.

    The area boasts numerous attractions, including Lake LBJ, a popular destination for boating, fishing, and water sports that draws both tourists and residents. Additionally, multiple golf courses provide recreational opportunities, appealing to retirees and families. The historic downtown of Marble Falls, with its charming shops, restaurants, and cultural landmarks, attracts visitors year-round, further boosting the appeal of this location.

    The site is also near several significant developments, underscoring the region’s dynamic growth. Thunder Rock, a mixed-use development, contributes to economic growth and infrastructure improvements. Gregg Ranch, a large-scale residential community, reflects the strong demand for housing in the area. Legacy Crossing, a developing commercial hub, indicates robust commercial real estate activity and investment potential.

    This 288-acre site offers a unique and compelling development opportunity, ideally located to benefit from Marble Falls’ attractions and ongoing regional developments. Its strategic position at a key intersection, coupled with the area’s natural beauty and thriving community, makes it an attractive investment for large-scale residential, commercial, or mixed-use projects.

    FEATURES
    Sale Price: Contact for Price
    Property Type: Prime Mixed Use Opportunity
    Land Area: 288 AC
    Proposed Use: Master Plan Community
    Topography: Level
    Zoning: ETJ
    Frontage: +/- 3,840′ on Hwy 71 and +/- 100’ on Hwy 281
    Utilities: TBD
    City: Marble Falls
    Drive Times: 45 Min to Austin amd 6 Min to Marble Falls

    Property Features for Hwy 71 and 281

    General Information

    Property type
    Other land
    Square Feet
    12,545,280 SF
    Elevators
    N/A
    Net Rentable
    12,545,280 SF
    Lot Size
    12,545,280 SF
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Marble Falls
    State
    Texas
    Longitude
    -97.715683
    Latitude
    30.262136

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    FAQs

    What type of property is this?
    Land - 288 AC Development Opportunity on the corner of Hwy 71 and 281 FOR SALE
    Where is this land located?
    The property is located at Hwy 71 and 281 Marble Falls, TX.
    (214) 208-6900
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    Hwy 71 and 281 Marble Falls, TX
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    Realmo Value Estimation

    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

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    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.

    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
    Hwy 71 and 281 Marble Falls, TX
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