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Ranch Land with Water Wells

9738 E FM 1431, Marble Falls, TX 78654

For Sale
$5,995,000

An agricultural exemption is in place, with an existing ranch house and detached garage on the property.

Property Size3,273 SF
Price / SF$1,831
Days on Market837

Property Features for 9738 E FM 1431

General Information

Standard status Active
Size 3,273 SF
Property subtype Ranch

Taxes and HOA fees

Annual Taxes $2,500

Building Details

Building Size 3,273 SF
Year Built 1900
Listing Agency: Keller Williams Realty
Listed By: Joshua Smith · License #0673210
Source: Austinlakeside
Added: Jul 26, 2024 Changed: Nov 7 Last Checked: Nov 8 at 7:39PM

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 Realty

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Investment Insights

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This 220-acre agricultural property includes four water wells producing 10 gpm, 2 gpm, 1.5 gpm, and 1 gpm, along with two small ponds and a seasonal creek. Improvements include an older three-bedroom, two-bath ranch house on a hilltop and a separate two-car garage. The terrain includes elevated areas, valleys, bottomland, and pecan trees along the creek; several hilltops offer potential building locations.

The property has one mile of frontage on FM 1431 and is approximately 10 minutes from Marble Falls, 20 minutes from Horseshoe Bay, and 55 minutes from downtown Austin. An agricultural exemption is in place.

A November 2025 engineering study evaluates water infrastructure scenarios for approximately 300 LUEs with a 6-inch line, 500 LUEs with an 8-inch line, or up to 1,400 LUEs with a 12-inch line. Each scenario outlines a 9,500-linear-foot transmission main, treatment plant, storage tanks, and booster station. Proposed water service would come from Texas Water Utilities, drawing on an LCRA surface water source.

Key Highlights

  • 220 acres of agricultural land with one mile of frontage on FM 1431
  • Four water wells producing 10 gpm, 2 gpm, 1.5 gpm, and 1 gpm
  • Two small ponds and a seasonal creek with pecan trees along its banks

Property Analytics

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Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Restaurant Veterinary Clinic 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
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Market

Properties on Market for Agricultural land / Farmland in Burnet County

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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - An agricultural exemption is in place, with an existing ranch house and detached garage on the property.
Where is this agricultural land / farmland located?
The property is located at 9738 E FM 1431 Marble Falls, TX.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: 220 acres of agricultural land with one mile of frontage on FM 1431; Four water wells producing 10 gpm, 2 gpm, 1.5 gpm, and 1 gpm; Two small ponds and a seasonal creek with pecan trees along its banks
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