Two-Story Duplex with
For Sale
$325,000
313 Avenue S, Marble Falls, TX 78654
Residential Income, Marble Falls, TX
Property Size1,848 SF
Lot Size0.15 Acres
Price / SF$175.87
Days on Market51
Property Features for 313 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
082347
Size
1,848 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
Lot 13A, Block 269, City of Marble Falls, Burnet County, Texas
Legal Description
Lot 13A, Block 269, City of Marble Falls, Burnet County, Texas
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
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
(830) 798-0200
Listed By:
Jane Marie Hurst
(512) 755-2294
Added: Sep 1
Changed: Oct 20
Last Checked: Oct 21 at 11:06AM
MLS# 179298
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.
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, each arranged with two bedrooms, one and a half bathrooms, two stories, and a loft. The property totals 1,848 square feet on a 0.15-acre lot. Recent property improvements include a new roof and fresh exterior paint. Interior features include laminate and tile flooring, central electric heating, central air conditioning, dishwashers, electric ranges, refrigerators, washer hookups, and electric water heaters.
The property is located at 313 Avenue S in Marble Falls, Texas, with access to public water and public sewer. Parks, hike-and-bike trails, a dog park, basketball courts, playgrounds, and Lake Marble Falls are identified nearby. The duplex was built in 1984 and has wood siding and HardiePlank-type construction with a composition roof.
The property is located at 313 Avenue S in Marble Falls, Texas, with access to public water and public sewer. Parks, hike-and-bike trails, a dog park, basketball courts, playgrounds, and Lake Marble Falls are identified nearby. The duplex was built in 1984 and has wood siding and HardiePlank-type construction with a composition roof.
Key Highlights
- Two‑unit duplex with 1,848 square feet of total property size
- Each unit includes 2 bedrooms, 1.5 bathrooms, two stories, and a loft
- Situated on a 0.15‑acre lot at 313 Avenue S, Marble Falls, TX 78654
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,207
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,140
$364.1K
Cap Rate 7%
$260,100
$260.1K
Cap Rate 9%
$202,300
$202.3K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$27.7K $15.00/SF
− Vacancy
−$1.7K −$0.93/SF
EGI
$26.0K $14.07/SF
− OpEx
−$7.8K −$4.22/SF
NOI
$18.2K $9.85/SF
Area
Burnet County, TX
Vacancy
6.17%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,140
Cap Rate 7%
$260,100
Cap Rate 9%
$202,300
Alternative Uses
Best Use
Multifamily LT 5
$260.1K
$227.6K – $303.5K
NOI $18,207 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$239.5K
$209.6K – $279.4K
NOI $16,764 @ 7.0% cap · market cap 5.16%
Theoretical Best
Hotel Hospitality
$1.39M
$1.22M – $1.62M
NOI $97,436 @ 7.0% cap · market cap 29.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer matching two-bedroom, one-and-a-half-bath layouts with updated exterior elements.
Where is this duplex located?
The property is located at 313 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 1,848 square feet of total property size; Each unit includes 2 bedrooms, 1.5 bathrooms, two stories, and a loft; Situated on a 0.15‑acre lot at 313 Avenue S, Marble Falls, TX 78654
