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    Property profile & analytics

    515 Us Hwy 281st Hwy, Unit 519 Marble Falls, TX 78654-5708

    • Investment properties
    • 4,970 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $645,000
    Last Sale
    Jul 01, 2020
    Location Intelligence
    Property ID
    US82-8865983
    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 515 Us Hwy 281st Hwy

    Year built
    1970
    Lot size
    0.27 lot acres
    Property size
    4,970 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    28544
    APU
    28544

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marble Falls
    County
    Burnet
    State
    Texas
    Longitude
    -98.2742
    Latitude
    30.5738

    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
    $11,695
    $282,240
    $372,055
    $654,295
    -
    $282,240
    $372,055
    $654,295

    Comparable in this City

    • Value Estimation
      $555,000
      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 by Request
      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 by Request
      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 by Request
      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 by Request
      17,142 SF

      101 Us Hwy 281st Ste, Unit 103

      OFFICE/RESIDENTIAL (MIXED USE) • 17,142 SF
      101 Us Hwy 281st Ste, Marble Falls, TX 78654-5764
      View Details
    • Value Estimation by Request
      10,500 SF

      1405 Mormon Ml Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 10,500 SF
      1405 Mormon Ml Rd, Marble Falls, TX 78654-4667
      View Details

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    Similar Nearby for Lease

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    • $1,770 /Mo

      Retail/Office Space on Hwy 281

      Retail or office space for lease with highway frontage.
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      Prime Marble Falls Office, 689 SF Available
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      Downtown Apartment in Marble Falls

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      View Details
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    Marble Falls, TX 78654-5708
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    Realmo Value Estimation

    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.

    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.

    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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