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For sale
  • $17,500,000

    4554 CR 120, Marble Falls, TX 78654

    5beds
    9,254sqft
    : 
    $121,228/mo
    Get pre-qualified
    Farm
    Built in 2008
    225 Acres Lot
    $-- Zestimate®
    $1,891/sqft
    $-- HOA

    What's special

    Walled courtyardsTimeless craftsmanshipFire pit gathering areaFour bedroomsTwo guest bathsScenic overlookWood-burning fireplaces
    Beyond a private gated entrance, Martin Ranch unfolds as one of the finest legacy properties in the Texas Hill Country. Encompassing 225± pristine acres just minutes north of Marble Falls, this extraordinary estate offers a rare blend of luxury, privacy, recreation, and agricultural productivity. The centerpiece is a beautiful 7,466± square foot Texas-Tuscan residence featuring four bedrooms, four ensuite baths, and two guest baths. Across the courtyard, a 1,788± square foot casita with full kitchen creates a resort-style compound centered around a pool and spa. Inside, timeless craftsmanship shines through thick plaster walls, Mexican tile, custom ironwork, an imported Indonesian carved fireplace, wood-burning fireplaces, dramatic chandeliers, and a chef's kitchen equipped with Sub-Zero and Wolf appliances. Walled courtyards, rock accents, buried utilities, and pipe fencing preserve breathtaking Hill Country views in every direction. Additional improvements include a climate-controlled barn with office, workout room, kitchenette, fire pit gathering area, scenic overlook, and stocked tanks perfect for fishing. Water is abundant with 11 fully manifolded wells, three stocked ponds, and water troughs throughout the ranch. Approximately 111± acres of Coastal Bermuda hay production operate under an active agricultural exemption. Native whitetail deer, turkey, dove, and bass provide exceptional year-round recreation. Offered with negotiable furnishings and a world-class Texas Longhorn herd.
    59 days
    |
    2,575
    |
    222
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Krista Upham 210-884-5276,

    Legacy Broker Group,

    Richmond Frasier 830-308-3171,

    Legacy Broker Group

    Source: HLMLS as distributed by MLS GRID,MLS#: 178179MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Ice Maker, Gas Range, Built-In Refrigerator
      Features
      • Flooring: Saltillo
      • Has fireplace: No
      Interior area
      • Total structure area: 9,254
      • Total interior livable area: 9,254 sqft

      Property

      Features
      • Fencing: Pipe,Perimeter,Completely Fenced
      • Has view: Yes
      • View description: Hill Country, Lake, Panoramic
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: No
      Lot
      • Size: 225 Acres
      Details
      • Parcel number: 070598

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Materials
      • Other, Stone
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Year built: 2008

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      Green energy
      • Energy efficient items: Ceiling Fan(s)

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Marble Falls

      Financial & listing details

      • Price per square foot: $1,891/sqft
      • Tax assessed value: $3,614,730
      • Date on market: 6/1/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/1/2026Listed for sale$17,500,000$1,891/sqft
        Source: HLMLS as distributed by MLS GRID #178179 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $3,614,730 +16.3%
        2024$20,092 0%$3,107,711 +6.4%
        2023$20,092 -20.6%$2,919,760 +27%
        2022$25,299 +3.5%$2,299,697 +13.5%
        2021$24,438 $2,026,155 -5.6%
        2020-- $2,145,365 +8.4%
        2019$25,157 $1,979,675 +2.3%
        2017-- $1,935,053 -6.5%
        2016-- $2,068,939 +0.2%
        2015-- $2,063,879
        2014-- $2,063,879
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78654

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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