$3,750,000
Marble Falls, TX 78654
Description
Prime Redevelopment Opportunity in Marble Falls, Texas. Discover 10.28 acres of prime real estate potential, centrally located just off FM 1431 and US 281 in the heart of Marble Falls, Texas! Zoned C-1 Planned Development District, this property is approved for 180 multifamily units, with the potential to expand. Its convenient accessibility to the center of town and visibility make it ideal for a variety of uses, including apartments, mixed-use, or commercial development. This property is ready to bring your vision to life. Whether you’re an investor, developer, or end-user, this is a unique opportunity you don’t want to miss! Permitted uses include but are not limited to: Commercial office space Trade schools Religious facilities General retail sales Restaurants Primary and secondary education Multifamily housing (apartments, townhouses, condos) Mixed-use developments Whether you develop the site or repurpose the existing 60,682 square feet of structures, the opportunities are endless. The current buildings, while in need of updates, present significant potential for revitalization as: Religious facilities Daycare centers Public or private schools Gymnasiums And more! Additional lots are available, offering expanded parking or further development potential. Owner financing is available for qualified buyers. Contact us today for more information.
Key Features
- Property SubType: Commercial Sale
- Lot Size: 10.28 Acres
- Listing Status: Active
- Year Built: 1970
- Listing #: 171574
- Street Address: 501 12th Street
- County: Burnet
Interior Features
- Cooling: Central Air
- Flooring: Carpet
- Heating: Central
Additional Information
- Construction Materials: 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.
©2025 Highland Lakes Association of REALTORS®, Inc. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Highland Lakes Association of REALTORS®, Inc.
Listing #171574 Courtesy of Coleman Team Realty, LLC