Marble Falls Redevelopment
501 12th Street, Marble Falls, TX 78654
COMMERCIAL - Marble Falls, TX
Property size:
22,217 SFLot size:
10.28 AcresPrice / SF:
$236/SF- Added:
- Mar 7, 2026
- Days on Market:
- 66
- Last Refresh:
- May 12 at 9:06 pm
Property Features for 501 12th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 028822
- Size
- 22,217 SF
- Lot size
- 10.28 Acres
Taxes and HOA fees
- Tax Description
- S6130 MARBLE FALLS 9.137 & 8.52 AC WCM BAKER SUR AB 124 S5218 HOLLY-NAUMANN LOT 2A 1.76
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1984
- Flooring type
- Hardwood, Laminate, Carpet
Listing agent Rose Brasuel (830) 385-5950
Listing office Coleman Team Realty, LLC 118 Hwy 281, Marble Falls, TX (830) 385-6184
Listing date Mar 7, 2026
MLS# 176852
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.
HighLights
- Prime 10.28‑acre infill development opportunity in the heart of Marble Falls.
- Zoned C1‑PDD allowing for a wide range of uses including multifamily housing, retail, restaurants, and more.
- Priced below recent appraised value.
- Previously approved concept plan for approximately 180 multifamily units and zoning allows up to 24 units per acre.
- Existing improvements include two buildings totaling approximately 22,217 SF, with a gymnasium, commercial kitchen, and offices in the main building.
- Substantial infrastructure including over 40,000 SF of concrete slabs and 275+ parking spaces.
Overview
This 10.28-acre property is a redevelopment opportunity located in Marble Falls. Zoned C1-PDD, it allows for a range of uses, including multifamily housing, retail, restaurants, medical offices, daycare facilities, education facilities, religious assembly, recreation facilities, professional services, and mixed-use development. The PDD includes a previously approved concept plan for approximately 180 multifamily units, and zoning allows up to 24 units per acre. The property includes two buildings totaling approximately 22,217 square feet. The main building offers 18,267 square feet with a gymnasium, commercial kitchen, restrooms, and approximately 11 offices and was previously used as a private school campus. A second building contains approximately 3,950 square feet. Existing improvements may allow interim occupancy, adaptive reuse, or phased redevelopment while planning a larger project. The site benefits from infrastructure including over 40,000 square feet of concrete slabs and over 275 parking spaces. It is located approximately 0.5 miles from the Highway 281 and FM 1431 intersection and minutes from H-E-B, Downtown Marble Falls, and Lake Marble Falls. The property has City of Marble Falls utilities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Marble Falls
- County
- Llano
- State
- Texas
- Longitude
- -98.2219
- Latitude
- 30.5925
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 10.28-acre commercial property in Marble Falls, Texas.
Where is this commercial land located?
The property is located at 501 12th Street Marble Falls, TX.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Prime 10.28‑acre infill development opportunity in the heart of Marble Falls.; Zoned C1‑PDD allowing for a wide range of uses including multifamily housing, retail, restaurants, and more.; Priced below recent appraised value.
