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    Property profile & analytics

    1614 Us Hwy 281 Marble Falls, TX 78654-4583

    • Investment properties
    • 3,360 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5154813
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1614 Us Hwy 281

    Year built
    1995
    Lot size
    0.49 lot acres
    Property size
    3,360 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    57277
    APU
    57277

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $335,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $565,000
      6.5%
      $525,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $511,000
      Market price range: $203k - $574k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $380,000
      Current use
      WAREHOUSE, STORAGE
      $390,000
      Change: +3% Conversion: Difficult
      OFFICE BUILDING
      $370,000
      Change: -3% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marble Falls
    County
    Burnet
    State
    Texas
    Longitude
    -98.2738
    Latitude
    30.5873

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,771
    $406,467
    $344,880
    $751,347
    -
    $406,467
    $344,880
    $751,347

    Comparable in this City

    • Value Estimation
      $675,000
      16,000 SF

      2501 Commerce St

      OFFICE/RESIDENTIAL (MIXED USE) • 16,000 SF
      2501 Commerce St, Marble Falls, TX 78654-3956
      View Details
    • Value Estimation
      $580,000
      5,200 SF

      1101 Fm 1431st, Unit 1115

      OFFICE/RESIDENTIAL (MIXED USE) • 5,200 SF
      1101 Fm 1431st, Marble Falls, TX 78654-5006
      View Details
    • Value Estimation
      $590,000
      10,500 SF

      308 Us Hwy 281

      OFFICE/RESIDENTIAL (MIXED USE) • 10,500 SF
      308 Us Hwy 281, Marble Falls, TX 78654-5705
      View Details
    • Value Estimation
      $555,000
      10,372 SF

      704 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,372 SF
      704 2nd St, Marble Falls, TX 78654-5771
      View Details
    • Value Estimation
      $825,000
      5,400 SF

      1008 Us Hwy 281

      OFFICE/RESIDENTIAL (MIXED USE) • 5,400 SF
      1008 Us Hwy 281, Marble Falls, TX 78654-5134
      View Details
    • Value Estimation
      $1,755,000
      18,120 SF

      2511 Us Hwy 281

      OFFICE/RESIDENTIAL (MIXED USE) • 18,120 SF
      2511 Us Hwy 281, Marble Falls, TX 78654-3895
      View Details

    Similar Nearby for Sale

    • $350,000
      2.40 Acres

      Marble Falls Mixed-Use Land

      2.4 Acres, TR Zoning, Development Ready
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    • Contact for pricing
      32,539 SF

      Marble Falls Retail Pad Site

      ±10.75 AC Pad Site, High Traffic Area
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    • $850,000
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      Equestrian Estate Near Marble Falls

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      100+ Acres Near Marble Falls

      AG-exempt land with hill country views and city water.
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    • $680,000

      Highway Frontage Commercial Property

      2,440 SF commercial property on Highway 281 in Marble Falls.
      3411 N Us Highway 281, Marble Falls, TX 78654
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    • $1,150,000

      Land Available in Marble Falls

      Land for sale in Marble Falls, Texas.
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    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Deer Creek Retail Center - Marble Falls

      Prime Marble Falls Retail Space Available
      1840 Us Highway 281, Marble Falls, TX 78654
      View Details
    • $12 SF/Yr
      7,500 SF

      Marble Falls Warehouse Space Available

      7,500 SF Warehouse, 3,000 SF Vacant
      2703 Commerce St, Marble Falls, TX 78654
      View Details
    • $1,050 /Mo

      Marble Falls Office Park Space

      Professional office space in Marble Falls, available September 1st.
      1800 Mormon Ml Rd, Marble Falls, TX 78654
      View Details
    • Contact for pricing
      5,701 SF

      Marble Falls Executive Office Space

      Prime Marble Falls Office, 689 SF Available
      809 12 St, Marble Falls, TX 78654
      View Details
    • $2,000 /Mo

      Downtown Apartment in Marble Falls

      Spacious upstairs apartment in historic Marble Falls, available now.
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      View Details
    • $4,335 /Mo

      Horseshoe Bay Retail/Office Space

      Move-in ready retail or office space in Horseshoe Bay.
      9000 Se Rnch Rd, Marble Falls, TX 78654
      View Details
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    1614 Us Hwy 281
    Marble Falls, TX 78654-4583
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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