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Duplex with Two-Story Lofts
New
For Sale
$325,000

309 Avenue S, Marble Falls, TX 78654

Residential Income, Marble Falls, TX

Property Size1,848 SF
Lot Size0.13 Acres
Price / SF$175.87
Days on Market3

Property Features for 309 Avenue S

General Information

Property type Residential Multi Family
Property subtype Duplex
Appliances Dishwasher, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater
Subdivision Mrbl Falls City
Elementary school district Marble Falls
Middle school district Marble Falls
High school district Marble Falls
Directions From Hwy 281, turn West on 2nd Street, left on Avenue J, go thru Johnson Park, Right on Johnson St., right on South Avenue S., OR From FM 1431, South on Avenue Q, right on Broadway, left on Avenue S, all the way to the end; Yellow bldg
Standard status Active
APN 823444
Size 1,848 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Description Lot 10A, Block 269, City of Marble Falls, Burnet County, Texas
Legal Description Lot 10A, Block 269, City of Marble Falls, Burnet County, Texas

Utilities

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

Building Details

Year built 1984
Number of units 2
Flooring type Tile, Laminate
Building materials Wood Siding, HardiPlank Type
Roof type Composition
Listing Agency: Hurst Realty, LLC
Listed By: Jane Marie Hurst · License #0560277
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 3 at 12:06AM
MLS# 179293

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 two-unit residential property provides a consistent configuration in both residences: two bedrooms, one and a half bathrooms, and a two-story layout with a loft. Each unit offers approximately 924 square feet, for 1,848 square feet across the duplex. Recent work includes a new roof and fresh exterior paint. Interior features include tile and laminate flooring, central air, central electric heating, dishwashers, electric ranges, refrigerators, washer hookups, and electric water heaters. The property was built in 1984 and is served by public water and public sewer.

Located at 309 Avenue S in Marble Falls, the duplex is within walking distance of parks, hike and bike trails, a dog park, basketball courts, and playgrounds. Lake Marble Falls is also readily accessible from the property.

Key Highlights

  • Two‑unit duplex with two bedrooms and one and a half bathrooms per unit
  • Approximately 924 square feet per unit; 1,848 square feet total
  • Two‑story layouts with lofts in both units

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

159
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?
Duplex - Two rental units combine lofted layouts with recent roof and exterior paint improvements.
Where is this duplex located?
The property is located at 309 Avenue S Marble Falls, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one and a half bathrooms per unit; Approximately 924 square feet per unit; 1,848 square feet total; Two‑story layouts with lofts in both units
More about this property
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