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For sale
  • $5,500,000

    4820 N Us Highway 281, Marble Falls, TX 78654

    --beds
    0baths
    1,852sqft
    : 
    $38,070/mo
    Get pre-qualified
    Farm
    Built in 1965
    27 Acres Lot
    $-- Zestimate®
    $2,970/sqft
    $-- HOA

    What's special

    Two contiguous tracts
    4820 N Hwy 281 offers approximately 27 acres of prime development land just north of downtown Marble Falls with direct frontage on US Highway 281. Positioned along one of the fastest-growing corridors in the Texas Hill Country, the property offers exceptional potential for commercial, mixed-use, multifamily, hospitality, RV park, or residential development. The site consists of two contiguous tracts with General Commercial and Residential development potential, creating flexibility for investors, developers, and owner-users. Located between Austin and the Highland Lakes region, the area continues attracting relocations, tourism, retirees, and expanding retail and service businesses. The property also includes an existing 3 bed, 2 bath home of approximately 1,800 SF that could serve as a short-term rental, office, or private retreat.
    68 days
    |
    38
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Kyser TREC #0670959 281-229-8416,

    Keller Williams Memorial,

    Timothy Larson TREC #0695022 281-508-0800,

    Keller Williams Memorial

    Source: HAR,MLS#: 23889484MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Electric
      Cooling
      • Electric
      Features
      • Flooring: Carpet
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 1,852
      • Total interior livable area: 1,852 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway Gate, No Garage, Attached Carport
      • Carport spaces: 2
      Features
      • Stories: 1
      Lot
      • Size: 27 Acres
      • Features: 20 Up to 50 Acres
      Details
      • Additional parcels included: 000000019407,000000057283
      • Parcel number: 57284

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Farm
      Condition
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Hwy 281 Corridor
      Location
      • Region: Marble Falls

      Financial & listing details

      • Price per square foot: $2,970/sqft
      • Tax assessed value: $218,552
      • Annual tax amount: $14
      • Date on market: 5/22/2026
      • Listing terms: Cash,Conventional,Texas Veterans Land Board,USDA Loan,VA Loan
      • Road surface type: Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,397/mo

        Price history

        DateEventPrice
        5/22/2026Listed for sale$5,500,000$2,970/sqft
        Source: HAR #23889484 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $218,552 +0.3%
        2024$2,772 +2%$217,969
        2023$2,719 +6.5%$217,969 +24.2%
        2022$2,554 +25%$175,450 +30.7%
        2021$2,043 $134,290 +14.9%
        2020-- $116,860
        2019$1,877 $116,860 +26.3%
        2017-- $92,516 -0.5%
        2016-- $92,990
        2015-- $92,990
        2014-- $92,990 +0.9%
        2012-- $92,162
        2011-- $92,162
        2010-- $92,162
        2009-- $92,162
        2008-- $92,162 +1.3%
        2007-- $90,962
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        1 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Colt Elementary School
        • Middle: Marble Falls Middle School
        • High: Marble Falls High School

        Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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