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500 Lakeshore Dr

Marble Falls, TX 78654

Name: Open House: 11am-2pm
Start: 2025-03-09T11:00:00
End: 2025-03-09T14:00:00
Location: 500 Lakeshore Dr

5 beds
3 baths
2,397 sqft
~1/2 acre lot
$623 per sqft
1965 build
– on site

This completely remodeled single-story lakefront home is the perfect retreat, offering both modern luxury and an unbeatable location within walking distance to downtown Marble Falls. Situated on a spacious double lot (verified by the City of Marble Falls for potential subdivision), this home now boasts direct views of both the canal and Lake Marble Falls, thanks to the completion of the adjacent city project. The lakeside is currently being revegetated by the City of Marble Falls, restoring the natural landscape and view of the lake. Designed with both comfort and functionality in mind, the five-bedroom, three-bath layout includes two living areas, a dedicated laundry room, and a private office, making it ideal for entertaining, family life, or remote work. The home has been completely transformed with modern upgrades such as fresh tile throughout, custom white oak cabinetry, quartz countertops, solid-core interior doors, and updated mechanical systems. Additional improvements include spray foam insulation, upgraded windows, and a completely reframed roof with 30-year architectural shingles, ensuring durability and energy efficiency. Beyond the home itself, the private boat dock and party deck provide the ultimate lakefront experience. Sitting at one of the highest points on Lakeshore Drive, this property was unaffected by the 2018 flood and still benefits from a grandfathered flood insurance policy. The location couldn’t be better—just a short walk from the iconic Blue Bonnet Cafe; and directly across the inlet from Johnson Park, offering easy access to the outdoors just steps away. The newly completed adjacent city park features multiple playgrounds, a pool, and a lakeside beach, further enhancing the home’s appeal. If you're looking for a turnkey, fully renovated lakefront home with modern upgrades, breathtaking views, and a prime location, this is an opportunity you don’t want to miss.

Listing courtesy of ABOR / Austin Stowell / Compass RE Texas, LLC

Last checked: Checking… • Last updated Mar 9, 2025 •

MLS# 9447582 —

The Building

Year Built:

1965
New Construction:

false
Roof:

Composition
Foundation:

Slab
Exterior Features:

Boat Dock - Private
Accessibility Features:

None
Patio And Porch Features:

Covered
Window Features:

Bay Window(s)
Levels:

One
Direction Faces:

SW

Interior

Interior Features:

Breakfast Bar
Living:

2
Dining:

1
Flooring:

Tile
Laundry Location:

Laundry Room

Room Dimensions

Living Area:

2397
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

Zoning

Location

Latitude:

30.5651
Longitude:

-98.282109
Directions:

Follow TX-1 Loop S to Frontage Rd/S Mopac Service Rd. Take the exit toward US-290 E/TX-71 E/Southwest Pkwy from TX-1 Loop S Follow Southwest Pkwy to State Hwy 71 E From State Hwy 71 E to Marble Falls Continue on 2nd St. Take Ave J to Lakeshore Dr

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Parcel Number:

29538
Property Condition:

Updated/Remodeled
Other Structures:

None
Lot Features:

Corner Lot
Lot Size Acres:

0.571
Lot Size Area:

0 Sqft
Lot Size SqFt:

24,872 Sqft
SqFt Total:

2,397 Sqft
Lot Dimensions:

125x200
View:

Lake
Waterfront:

true
Waterfront Features:

Canal Front
Water Body Name:

Lake Marble Falls
Horse:

false
Additional Parcels:

false
Fencing:

None
FEMA Flood Plain:

Yes-100 yr

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$18,341.74

Beds

Bedrooms Total:

5
Main Level Bedrooms:

5

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Built-In Gas Range

Schools

Elementary School:

Marble Falls
Elementary School District:

Marble Falls ISD
Middle School:

Marble Falls
Middle School District:

Marble Falls ISD
High School:

Marble Falls
High School District:

Marble Falls ISD

The Community

Subdivision Name:

Marble Falls City
Community Features:

None
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Driveway
Garage:

false
Attached Garage:

false

Monthly cost estimate

Asking price

$1,495,000

Expense	Monthly cost
Mortgage	$8,005
Taxes	$1,528
Insurance	$411
Utilities	$218 See report
Total	$10,162/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/4/25 Mar 4, 2025	Listed / Active	ABOR	$1,495,000

House For Sale

$1,495,000

Cost Est.

$10,162/mo.

Listing provided by broker:

Austin Stowell

Compass RE Texas, LLC

(512) 294-8468

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This house located in Marble Falls, TX 78654 is currently for sale for $1,495,000. 500 Lakeshore Dr is a 2,397 square foot house with 5 beds and 3 baths that has been on Estately for 7 days. This house is in the attendance area of Marble Falls Middle School, Marble Falls Elementary School, and Marble Falls High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.