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For sale
  • Price cut: $10K (8/7)
    $1,389,999

    511 Chimney Cove Dr, Marble Falls, TX 78654

    5beds
    3,463sqft
    : 
    $9,158/mo
    Get pre-qualified
    Single Family Residence
    Built in 2002
    5.01 Acres Lot
    $1,338,500 Zestimate®
    $401/sqft
    $63/mo HOA

    What's special

    Finished walk out basementLarge spaStunning water viewsSerene settingWaterfront access
    Nestled on 5 pristine acres with breathtaking Lake Travis/Colorado River frontage with an extraordinary blend of luxury, privacy, and natural beauty. This immaculate 5 bed, 5 bath estate is truly move-in ready, showcasing exceptional care and timeless appeal. From the moment you arrive through the gated entrance of this exclusive community, you’ll be captivated by the serene setting and stunning water views that surround the property. Enjoy the finished walk out basement leading to extra large covered porch overlooking the water with a large spa. For those needing extra space for adventure, the property includes a massive two story garage (40x40) and four 30 foot deep garage spaces to accommodate RV's, boats, jet skis, golf carts, and any other recreational vehicles. Rarely does a property combine luxury living, acreage, waterfront access, and an agricultural tax exemption so seamlessly. This is a one-of-a-kind opportunity to own a slice of Texas paradise in the heart of Marble Falls.
    88 days
    |
    652
    |
    65
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Nestorovski TREC #0709955 810-853-0685,

    Keller Williams Central

    Source: HAR,MLS#: 21733270MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 1
      • Dimensions: 1x1
      Bedroom
      • Level: First
      • Area: 1
      • Dimensions: 1x1
      Bedroom
      • Level: First
      • Area: 1
      • Dimensions: 1x1
      Bedroom
      • Level: First
      • Area: 1
      • Dimensions: 1x1
      Bedroom
      • Level: First
      • Area: 1
      • Dimensions: 1x1
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Disposal, Microwave, Dishwasher
      Interior area
      • Total structure area: 3,463
      • Total interior livable area: 3,463 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway Gate, Attached, Additional Parking, Boat, RV Access/Parking
      • Attached garage spaces: 3
      Features
      • Stories: 2
      • Has view: Yes
      • View description: Lake, River, Water
      • Has water view: Yes
      • Water view: Lake,River,Water
      • Waterfront features: Lake Front, River Front
      Lot
      • Size: 5.01 Acres
      • Features: Waterfront, 5 Up to 10 Acres
      Details
      • Parcel number: 9647

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Stone, Vinyl Siding
      • Foundation: Slab
      • Roof: Composition,Metal
      Condition
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Other, Septic Tank
      • Water: Other

      Community & HOA

      Community
      • Subdivision: Chimney Cove Estates
      HOA
      • Has HOA: Yes
      • HOA fee: $750 annually
      Location
      • Region: Marble Falls

      Financial & listing details

      • Price per square foot: $401/sqft
      • Tax assessed value: $2,103,456
      • Annual tax amount: $15,445
      • Date on market: 5/14/2026

        Estimated market value

        $1,338,500

        $1.27M - $1.41M

        $4,038/mo

        Price history

        DateEventPrice
        8/7/2026Price change$1,389,999-0.7%$401/sqft
        Source: HAR #21733270 Report a problem
        7/15/2026Price change$1,399,999-3.4%$404/sqft
        Source: HAR #21733270 Report a problem
        6/29/2026Price change$1,450,000-2%$419/sqft
        Source: HAR #21733270 Report a problem
        6/16/2026Price change$1,480,000-0.7%$427/sqft
        Source: HAR #21733270 Report a problem
        6/2/2026Price change$1,490,000-0.7%$430/sqft
        Source: HAR #21733270 Report a problem
        5/14/2026Listed for sale$1,500,000$433/sqft
        Source: HAR #21733270 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,487,543 +7.7%
        2024$7,716 +0.1%$1,381,461 +7.5%
        2023$7,710 -30.7%$1,285,023 +17.1%
        2022$11,126 -0.4%$1,097,024 +7.8%
        2021$11,170 $1,017,323 +24%
        2020-- $820,299 +1.8%
        2019$9,965 $805,639 +63.7%
        2017-- $492,163 +8.7%
        2016-- $452,709
        2015-- $452,709 +0.6%
        2014-- $450,202
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008-- --
        2007-- $437,419
        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.
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        Climate risks

        Neighborhood: 78654

        Getting around

        0 / 100
        Car-Dependent
        14 / 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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