500 Lakeshore

Marble Falls, TX 78654

$1,295,000

5 beds
3 baths
2,397 sq ft
0.57 acres
Built 1965

Listed by Carlene Bond, Broker · MLS #ACT1777418

500 Lakeshore, Marble Falls, TX 78654 — photo 1

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Step outside onto the expansive deck, perfect for relaxing, entertaining, or enjoying a sunrise over the water.

Year built

Built in 1965.

Property size

0.57 acres listed.

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

THE PROPERTY

Get to know the property.

Experience lakeside living at its finest in this beautifully updated waterfront home in Marble Falls, TX. Boasting 5 spacious bedrooms and 3 full bathrooms, this residence is designed for comfort and style, featuring modern finishes, relaxing colors, and breathtaking views of Lake Marble Falls.

Step outside onto the expansive deck, perfect for relaxing, entertaining, or enjoying a sunrise over the water. The property includes a private boat dock, offering easy access to water activities, fishing, and boating adventures. The lush landscape and panoramic lake vistas create a serene backdrop for everyday life or weekend retreats.

Located in the charming town of Marble Falls and in view of the Marble Falls bridge and the new Ophelia Hotel, this home combines scenic beauty with convenience. Walk to Downtown Marble Falls for shopping, dining and live music. Whether you're looking for a permanent residence, weekender, or short-term rental opportunities, this property provides incredible potential for both lifestyle and investment.

View the comprehensive Marble Falls development plan to understand the incredible potential of this property! Don’t miss the opportunity to own this exceptional lakeside retreat — a perfect blend of luxury, location, and stunning natural surroundings.

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THE NEIGHBORHOOD

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500 Lakeshore, Marble Falls, TX 78654

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1965
Full baths: 3
Half baths: 0
Garage spaces: 0
Cooling: Central Air
Heating: Central
Appliances: Built-In Gas Range, Dishwasher, Disposal, Exhaust Fan, Gas Range, Refrigerator, Washer/Dryer, Water Heater
Flooring: Tile, Wood
Fencing: None
Accessibility: None
Pool features: None
Subdivision: Marble Falls City
Parcel: 29538
Elementary school: Marble Falls
Middle school: Marble Falls
High school: Marble Falls
Annual property tax: $25,318.00

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$5,395.83

Cap rate—

Annual operating income: —

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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

Down payment (%) Interest rate (%) Loan term

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

Estimated monthly principal & interest—Loan 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

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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.

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Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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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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500 Lakeshore, Marble Falls, TX 78654 · MLS #ACT1777418

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Listing information

MLS #ACT1777418 · Austin Board of Realtors

Listing brokerage: Carlene Bond, Broker
Listing agent: Carlie Bond

Listing status: Active. Record updated June 22, 2026. Confirm current availability and price with the listing agent.