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Prime Land in Marble Falls
For Sale
$5,500,000

4820 N Us Hwy 281, Marble Falls, TX 78654

27 acres with development potential in the Texas Hill Country.

Property Size1,852 SF
Lot Size27.00 Acres
Price / SF$2,969
Days on Market96

Property Features for 4820 N Us Hwy 281

General Information

Standard status Active
Size 1,852 SF
Lot size 27.00 Acres
Property subtype Farm and Ranch Properties

Taxes and HOA fees

Annual Taxes $14

Building Details

Building Size 1,852 SF
Year Built 1965
Stories 1
Listing Agency: Keller Williams Memorial
Listed By: Timothy Larson · License #0695022
Source: Elliman
Added: May 21 Changed: Aug 23 Last Checked: Aug 22 at 11:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Memorial

Investment Insights

Based on property information with market context.

Located just north of downtown Marble Falls, 4820 N Hwy 281 offers approximately 27 acres of land with frontage on US Highway 281. The property is positioned along one of the primary growth corridors in the Texas Hill Country, between Austin and the Highland Lakes region. It offers flexible development potential for commercial, mixed-use, multifamily, hospitality, RV park, or residential applications. The site benefits from increasing regional growth, expanding tourism, and strong demand for both housing and commercial services throughout Burnet County and the greater Hill Country market. The property consists of two contiguous tracts totaling approximately 27 acres and is zoned for General Commercial or Residential use. This creates flexibility for developers, investors, and owner-users seeking a scalable project in one of Central Texas’ fastest-growing areas. The Marble Falls and Burnet County markets continue attracting Austin-area relocations, vacation and second-home buyers, retirees, hospitality and tourism investment, and retail and service expansion. Average home values throughout the Marble Falls and Burnet County area remain above $400,000. The property also features an existing residential 3 bed/ 2 bath structure a little over 1,800 SF that would be an ideal STR or used as a personal retreat.

Key Highlights

  • 27 acres of strategically located land on US Highway 281
  • Flexible development potential with General Commercial or Residential zoning
  • Positioned between Austin and the Highland Lakes region

Property Analytics

Current Use

Commercial land

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.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 27 acres with development potential in the Texas Hill Country.
Where is this commercial land located?
The property is located at 4820 N Us Hwy 281 Marble Falls, TX.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 27 acres of strategically located land on US Highway 281; Flexible development potential with General Commercial or Residential zoning; Positioned between Austin and the Highland Lakes region
More about this property
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