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  • Price cut: $505K (7/7)
    $5,995,000

    9738 E Fm 1431, Marble Falls, TX 78654

    --beds
    --baths
    220Acres
    Unimproved Land
    Built in ----
    220 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Seasonal creek
    Smithwick Hills Ranch is located in the heart of the highly sought after Highland Lakes area just 10 minutes to Marble Falls, 20 minutes to Horseshoe Bay, 55 minutes to Downtown Austin, and 1 hour to Fredericksburg. The ranch is an ideal opportunity to buy a piece of the Texas Hill Country centrally located in of one of the fastest growing Regions in the State of Texas, just minutes from wineries, restaurants, state parks, lakes, boating, and more. The ranch is extremely versatile and would make a great full time ranch, recreational property, 1031 investment hold, hunting ranch, or potential development, offering 1 mile of FM 1431 frontage. An agricultural exemption is in place on the property. The Smithwick 220-acre site comes with a significant head start for developers — a November 2025 engineering study is already complete, outlining water infrastructure capacity across three build scenarios. Depending on waterline size, the property can support approximately 300 LUEs with a 6-inch line, 500 LUEs with an 8-inch line, or up to 1,400 LUEs with a 12-inch line. All configurations include a transmission main spanning 9,500 linear feet, a treatment plant, storage tanks, and a booster station. Water service would be provided by Texas Water Utilities, drawing from an LCRA surface water source. The ranch boasts stunning natural features from hill tops, valleys, bottom land with seasonal creeks lined with pecan trees, hills glazed with endless amounts of wildflowers through spring and summer. There are several hill tops on the ranch that would all make great build sites, offering a Buyer many options that capture the views and perfect orientation of the sunset. WATER: Seasonal creek, 2 small ponds, 4 water wells (10 gpm, 2 gpm, 1.5 gpm, and 1 gpm). IMPROVEMENTS: Old 3 bedroom 2 bath ranch house on the hill top, with a separate 2 car garage that could be converted into another living space.
    491 days
    |
    217
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Smith 512-448-4111,

    Keller Williams Realty - SW

    Source: Central Texas MLS,MLS#: 575211MLS LogoOriginating MLS: Williamson County Association of REALTORS

      Facts & features

      Interior

      Video & virtual tour

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Fencing: Barbed Wire
      • Has view: Yes
      • View description: None
      • Body of water: None
      Lot
      • Size: 220 Acres
      • Topography: Rolling,Sloping
      • Residential vegetation: Heavily Wooded
      Details
      • Additional structures: Garage(s), Guest House, Residence
      • Parcel number: 83133
      • Zoning description: None

      Utilities & green energy

      • Water: Private, Other, See Remarks, Well
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: None, Hunting
      HOA
      • Has HOA: No
      Location
      • Region: Marble Falls

      Financial & listing details

      • Tax assessed value: $229,000
      • Date on market: 4/2/2025
      • Cumulative days on market: 491 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Dirt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Price change$5,995,000-7.8%
        Source: Central Texas MLS #575211 Report a problem
        12/15/2025Price change$6,500,000+160.5%
        Source: Central Texas MLS #575211 Report a problem
        8/7/2025Price change$2,495,000-34.3%
        Source: Central Texas MLS #589098 Report a problem
        8/7/2025Price change$3,795,000+111.4%
        Source: Central Texas MLS #575194 Report a problem
        8/7/2025Price change$1,795,000-28.1%
        Source: Central Texas MLS #589095 Report a problem
        8/7/2025Price change$2,495,000+39%
        Source: Unlock MLS #1616281 Report a problem
        8/7/2025Price change$1,795,000-70.1%
        Source: Unlock MLS #7185420 Report a problem
        7/15/2025Price change$5,995,000-7.7%
        Source: Unlock MLS #3778233 Report a problem
        4/2/2025Price change$6,495,000+62.6%
        Source: Central Texas MLS #575211 Report a problem
        4/2/2025Price change$3,995,000-38.5%
        Source: Central Texas MLS #575194 Report a problem
        7/26/2024Listed for sale$6,495,000+1199%
        Source: Unlock MLS #3778233 Report a problem
        10/20/2013Listing removed$500,000
        Source: Kuper Sotheby's International Realty #125228 Report a problem
        10/12/2013Listed for sale$500,000
        Source: Kuper Sotheby's International Realty #125228 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $229,000
        2024$3,009 -33.1%$229,000 -34.2%
        2023$4,494 +75%$348,002 +37.2%
        2022$2,569 -0.5%$253,574 +10%
        2021$2,581 $230,522 +10%
        2020-- $209,565
        2019$2,595 $209,565 +20.5%
        2017-- $173,945 +8.8%
        2016-- $159,925
        2015-- $159,925 +5.8%
        2014-- $151,125 +6.3%
        2012-- $142,121
        2011-- $142,121 -20.8%
        2010-- $179,336
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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

        4 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Marble Falls ISD

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

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