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Ten-Unit Duplex Apartment Community
For Sale
$1,750,000

1701-1803 Johnson Street, Marble Falls, TX 78654

MULTI_FAMILY - Marble Falls, TX

Property Size8,658 SF
Lot Size1.17 Acres
Price / SF$202.13
Days on Market132

Property Features for 1701-1803 Johnson Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Appliances Dishwasher, Electric Range, Electric Water Heater
Subdivision Mrbl Falls City
Elementary school district Marble Falls
Middle school district Marble Falls
High school district Marble Falls
Directions AVOID AVENUE N! FROM JOHNSON PARK, FOLLOW AVENUE J. MAKE A RIGHT ON JOHNSON STREET. ALL BUILDINGS ARE ON YOUR RIGHT - NO SIGN. DO NOT DISTURB TENANTS.
Standard status Active
APN 063954
Size 8,658 SF
Lot size 1.17 Acres

Taxes and HOA fees

Tax Description SEE SPECIAL PROVISIONS
Legal Description SEE SPECIAL PROVISIONS

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1997
Number of units 4
Flooring type Laminate
Building materials Steel Frame, HardiPlank Type, Wood Siding
Roof type Metal
Listing Agency: My Texas Home Broker
Listed By: Kristen Ribera · License #0687060
Added: Apr 2 Changed: Jul 17 Last Checked: Aug 11 at 8:06AM
MLS# 177327

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 property for sale features five separate single-story duplex buildings totaling 10 units. Each unit offers a 2-bedroom, 2-bath layout, with metal framing and metal studs. All units are currently occupied, and tenants are responsible for all utilities and trash. The property is serviced by city water and city sewer.

The buildings are located along Johnson Street in Marble Falls, positioned between Westside Park and Johnson Park. Units 1803 A & B are built on pier and beam foundations and include attached garages and fenced yards, while units 1701 through 1707 are built on slab foundations and feature two designated paved parking spaces per unit.

Recent upgrades include replacement of all metal roofs in August 2025. The property is professionally managed by TJM Property Management. Current rent rolls are available with proof of funds and/or pre-approval, along with a signed NDA. Showings are by appointment only.

Key Highlights

  • Multi‑unit property with 10 units in a prime location between two parks, offering strong rental demand.
  • All units are currently occupied, providing immediate income.
  • Recent upgrades include all metal roofs replaced in August 2025.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

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

10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten occupied 2-bedroom, 2-bath duplex-style units on city water and sewer, with tenant-paid utilities and trash.
Where is this apartment building located?
The property is located at 1701-1803 Johnson Street Marble Falls, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Multi‑unit property with 10 units in a prime location between two parks, offering strong rental demand.; All units are currently occupied, providing immediate income.; Recent upgrades include all metal roofs replaced in August 2025.
More about this property
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