Single-Story Mixed-Use
710 1st ST, Marble Falls, TX 78654
For Sale
$2,200,000
An adaptable interior combines open work areas, private offices, meeting rooms, and support spaces.
Property Size5,604 SF
Lot Size1.24 Acres
Price / SF$392.58
Days on Market62
Property Features for 710 1st ST
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Corner Location
Highway Access
Road Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Coleman Team Realty, LLC
Listed By:
Rose Brasuel
(830) 385-6184
Source:
Austinlakeside
Added: Sep 6
Changed: Nov 6
Last Checked: Nov 6 at 2:09PM
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 Coleman Team Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story mixed-use property contains 5,604 square feet on approximately 1.24 acres. Built in 2001, the building has open work areas, private offices, conference and meeting rooms, reception space, storage, built-in cabinetry, a break room and kitchenette, shared areas, and multiple restrooms. Windows bring natural light into portions of the interior. The TPO roof section was recoated in April 2026.
The property occupies a corner position one block from Highway 281, near Lake Marble Falls. It is within the Downtown Transition District, where potential uses identified for the site include office, medical office or clinic, retail, personal services, business or trade school, and community assembly. On-site parking is available.
The property occupies a corner position one block from Highway 281, near Lake Marble Falls. It is within the Downtown Transition District, where potential uses identified for the site include office, medical office or clinic, retail, personal services, business or trade school, and community assembly. On-site parking is available.
Key Highlights
- Approximately 1.24 acres with a 5,604‑square‑foot building
- Single‑story building constructed in 2001
- Interior includes open work areas, private offices, meeting rooms, reception, storage, and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,778
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,355,560
$2.4M
Cap Rate 7%
$1,682,543
$1.7M
Cap Rate 9%
$1,308,644
$1.3M
Market Conditions
NOI Build-Up for 5,604 SF
Gross rent
$188.3K $33.60/SF
− Vacancy
−$31.3K −$5.58/SF
EGI
$157.0K $28.02/SF
− OpEx
−$39.3K −$7.01/SF
NOI
$117.8K $21.02/SF
Area
Burnet County, TX
Vacancy
16.60%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,355,560
Cap Rate 7%
$1,682,543
Cap Rate 9%
$1,308,644
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,778 @ 7.0% cap · market cap 5.35%
Second Best
Mixed Use
$810.6K
$709.3K – $945.7K
NOI $56,741 @ 7.0% cap · market cap 2.58%
Theoretical Best
Hotel Hospitality
$4.22M
$3.69M – $4.92M
NOI $295,471 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
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 Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An adaptable interior combines open work areas, private offices, meeting rooms, and support spaces.
Where is this mixed-use property located?
The property is located at 710 1st ST Marble Falls, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approximately 1.24 acres with a 5,604‑square‑foot building; Single‑story building constructed in 2001; Interior includes open work areas, private offices, meeting rooms, reception, storage, and kitchenette
