Zoned C1-PDD School Redevelopment
For Sale
$5,250,000
501 12th Street, Marble Falls, TX 78654
COMMERCIAL - Marble Falls, TX
Property Size22,217 SF
Lot Size10.28 Acres
Price / SF$236.31
Days on Market48
Property Features for 501 12th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From S US Highway 281 (US-281). Turn right onto FM 1431 (FM-1431). Go for 0.2 mi. Turn left onto Avenue F. Go for 0.1 mi. Turn right onto 12th St. Property will be on your left.
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
Legal 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
Carpet, Laminate, Hardwood
Listing Agency:
Coleman Team Realty, LLC
(830) 385-6184
Listed By:
Rose Brasuel
(830) 385-5950
Added: Jun 18
Changed: Aug 2
Last Checked: Aug 4 at 12:06PM
MLS# 178412
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.
Located on a 10.28-acre infill site in Marble Falls, this C1-PDD zoned school campus includes two existing buildings totaling approximately 22,217 SF. The main building provides approximately 18,267 SF and features 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 SF. The property includes central heating and central air systems and was built in 1984.
The site benefits from substantial on-site infrastructure, including over 40,000 SF of concrete slabs and 275+ parking spaces, along with significant impervious cover. The PDD concept plan includes a previously approved vision for approximately 180 multifamily units, and the zoning allows up to 24 units per acre, subject to city approvals. Additional uses allowed under the zoning include multifamily housing, retail, restaurants, medical offices, daycare facilities, education facilities, religious assembly, recreation facilities, professional services, and mixed-use development.
The property is 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. City of Marble Falls utilities are provided, with public sewer on site. Buyer to verify capacity; owner financing is available for qualified buyers.
The site benefits from substantial on-site infrastructure, including over 40,000 SF of concrete slabs and 275+ parking spaces, along with significant impervious cover. The PDD concept plan includes a previously approved vision for approximately 180 multifamily units, and the zoning allows up to 24 units per acre, subject to city approvals. Additional uses allowed under the zoning include multifamily housing, retail, restaurants, medical offices, daycare facilities, education facilities, religious assembly, recreation facilities, professional services, and mixed-use development.
The property is 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. City of Marble Falls utilities are provided, with public sewer on site. Buyer to verify capacity; owner financing is available for qualified buyers.
Key Highlights
- 10.28‑acre C1‑PDD infill redevelopment site in Marble Falls
- Two buildings totaling approx. 22,217 SF, including an approx. 18,267 SF main building and approx. 3,950 SF second building
- Main building features gymnasium, commercial kitchen, restrooms, and approx. 11 offices; previously a private school campus
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
995
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - C1-PDD zoned infill campus with existing school buildings, central HVAC, and large paved infrastructure for redevelopment.
Where is this school 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: 10.28‑acre C1‑PDD infill redevelopment site in Marble Falls; Two buildings totaling approx. 22,217 SF, including an approx. 18,267 SF main building and approx. 3,950 SF second building; Main building features gymnasium, commercial kitchen, restrooms, and approx. 11 offices; previously a private school campus
