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10-Unit Apartment Building
For Sale
$1,750,000

1701-1803 Johnson Street, Marble Falls, TX 78654

Commercial Sale, Marble Falls, TX

Property Size8,658 SF
Lot Size1.17 Acres
Price / SF$202.13
Days on Market143

Property Features for 1701-1803 Johnson Street

General Information

Property type Commercial Sale
Property subtype Apartment
Parking 20
Appliances Dishwasher, Electric Water Heater
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

Amenities

fenced yards

Building Details

Year built 1997
Floors in Building 1
Number of units 10
Flooring type Laminate, Vinyl
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: Aug 19 Last Checked: Aug 22 at 2:06PM
MLS# 177325

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 apartment property comprises five separate single-story duplex buildings with 10 total units and 8,658 square feet on 1.17 acres. Each residence includes two bedrooms and two bathrooms, with steel framing, central heating and central air. The property was built in 1997 and has laminate or vinyl flooring, metal roofs replaced in August 2025, and public water and sewer service. All units are currently occupied, and tenants are responsible for utilities and trash.

Units 1803 A and B include attached garages and fenced yards, while units 1701 through 1707 each have two designated paved parking spaces. The property is located at 1701-1803 Johnson Street in Marble Falls, between Westside Park and Johnson Park. Professional management is provided by TJM Property Management, and showings are available by appointment.

Key Highlights

  • 10 total units across five separate single‑story duplex buildings
  • 8,658 square feet on 1.17 acres
  • Each unit has 2 bedrooms and 2 bathrooms

Property Analytics

Current Use

Duplexes

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

142
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 - Single-story duplex buildings offer consistent 2-bedroom, 2-bath layouts with public water and sewer service.
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: 10 total units across five separate single‑story duplex buildings; 8,658 square feet on 1.17 acres; Each unit has 2 bedrooms and 2 bathrooms
More about this property
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