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Four-Duplex Multifamily Property
For Sale
$1,195,000

307 309 311 313 Avenue S, Marble Falls, TX 78654

COMMERCIAL - Marble Falls, TX

Property SizeContact for details
Lot Size0.48 Acres
Days on Market202

Property Features for 307 309 311 313 Avenue S

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning ENZ 3 res
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Bedroom 2
Appliances Dishwasher, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater
Directions From FM 1431, South on Avenue Q, right on Broadway, left on Avenue S, all the way to the end, 4 duplexes on left
Standard status Active
APN 082347
Lot size 0.48 Acres

Taxes and HOA fees

Tax Description Lots 10A, 11A, 12A, and 13A, Block 269, City of Marble falls, Burnet Co., TX
Legal Description Lots 10A, 11A, 12A, and 13A, Block 269, City of Marble falls, Burnet Co., TX

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1984
Floors in Building 2
Number of units 8
Flooring type Laminate, Tile
Building materials Wood Siding, HardiPlank Type
Roof type Composition
Listing Agency: Hurst Realty, LLC
Listed By: Jane Marie Hurst · License #560277
Added: Feb 2 Changed: Aug 18 Last Checked: Aug 23 at 4:06PM
MLS# 176371

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 multifamily property comprises four duplexes with matching floor plans, with the two sides of each duplex finished differently. Each unit offers two bedrooms, one and one-half bathrooms, two stories, and a loft area, with approximately 924 square feet per unit. Recent improvements include a new roof and new exterior paint. Interior features include laminate and tile flooring, central air, electric heating, dishwashers, electric ranges, refrigerators, washer hookups, and electric water heaters.

The property occupies 0.48 acres at 307, 309, 311, and 313 Avenue S in Marble Falls, Texas. It is served by public water and public sewer and has ENZ 3 res zoning. Construction includes wood siding and HardiPlank-type materials, with composition roofing and a 1984 construction date.

Key Highlights

  • Four duplexes with matching floor plans
  • Each unit has two bedrooms, 1 1/2 bathrooms, two stories, and a loft area
  • Approximately 924 square feet per unit

Property Analytics

Current Use

Multifamily properties

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

Location Intelligence

Trade Area within ½ mile

100
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Eight residential units share matching two-story layouts with loft areas and recent exterior improvements.
Where is this multifamily property located?
The property is located at 307 309 311 313 Avenue S Marble Falls, TX.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Four duplexes with matching floor plans; Each unit has two bedrooms, 1 1/2 bathrooms, two stories, and a loft area; Approximately 924 square feet per unit
More about this property
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