ActiveResidential · sale

700 5th

Marble Falls, TX 78654

$359,000

  • 2 beds
  • 1 baths
  • 1,214 sq ft
  • 0.19 acres
  • Built 1950

Listed by HALLMARK LUXURY REAL ESTATE · MLS #ACT8649475

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The living room features reclaimed wood wall paneling and an inviting layout that flows into the stunning kitchen, complete with a large marble island, generous storage, and updated fixtures.

Year built

Built in 1950.

Property size

0.19 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Taking Back-ups ~ Showings Still Available! Welcome to The Red Door Cottage, a beautifully restored 1950 gem located in the heart of downtown Marble Falls, just one block from Main Street’s shops, restaurants, and the iconic Blue Bonnet Cafe. Zoned both Residential and Commercial, this charming property offers endless possibilities ideal as a full-time residence, short-term rental, boutique, or office space.
Completely remodeled in 2020, this 2-bedroom, 1-bath cottage was taken down to the studs and rebuilt with timeless finishes and modern systems, including a new roof, HVAC, plumbing, electrical, and appliances. The renovation preserved its historic charm with refinished original hardwood floors, the signature refurbished red front door, and a custom restored pocket door. The living room features reclaimed wood wall paneling and an inviting layout that flows into the stunning kitchen, complete with a large marble island, generous storage, and updated fixtures. The spacious bathroom offers a walk-in shower and contemporary finishes, complementing two comfortable bedrooms with ample closet space. Outdoors, the welcoming covered front porch provides the perfect spot to relax and enjoy morning coffee under the shade of mature trees. The covered back porch offers a cozy seating area ideal for outdoor dining or evening gatherings. The home sits on a shaded, oversized corner lot with a fenced backyard, offering room to expand or simply enjoy the quiet, peaceful surroundings. Formerly a highly rated Airbnb known as “The Red Door Cottage,” this property has a proven rental history and an unbeatable location which is peaceful yet just steps away from dining, shopping, and entertainment. Whether you envision a boutique storefront, professional office, or charming short-term rental, The Red Door Cottage combines style, comfort, and flexibility in one of Marble Falls’ most desirable downtown settings. *Adjacent lot is for sale - ask agent for details*

THE NEIGHBORHOOD

Explore the location.

700 5th, Marble Falls, TX 78654

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1950
Full baths
1
Half baths
0
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Washer/Dryer Stacked
Fencing
Back Yard, Gate, Privacy, Wood
Pool features
None
Subdivision
Marble Falls City
Parcel
28408
Elementary school
Marble Falls
Middle school
Marble Falls
High school
Marble Falls
Annual property tax
$5,429.31

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,495.83
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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700 5th, Marble Falls, TX 78654 · MLS #ACT8649475

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More in Marble Falls.

Listing information

MLS #ACT8649475 · Austin Board of Realtors

Listing brokerage: HALLMARK LUXURY REAL ESTATE
Listing agent: Stacy Hallmark

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.