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Marble Falls

Marble Falls

$653,915 Average Value
$301 Average Price per Sq Ft
186 Homes For Sale

A blend of tradition and growth along Lake Marble Falls in central Texas

Spread along the banks of its namesake lake, a reservoir in the Colorado River, Marble Falls lies about 50 miles northwest of Austin. “People love Marble Falls because of our Texas Hill Country, small-town charm and our beautiful, natural surroundings,” says Midge Dockery, Assistant Director of the Marble Falls Economic Development Corporation. The community blends tradition with recent growth. “Newcomers are welcomed with open arms,” Dockery says. The population has grown between 15 and 24 percent each decade since 1990, and now about 7,000 residents call this slice of central Texas home, as of the 2020 census. A mix of older homes and new planned developments provide options for homebuyers at a wide range of price points, while the downtown area has shopping, dining and local events that blend updates with tradition. “We take pride in preserving our heritage while also welcoming growth,” Dockery says.

Ranch-style homes near downtown and new developments to the south

Marble Falls home buyers have choices of both old and new. “The city is experiencing a wave of commercial and residential development, including expanded retail centers, mixed-use spaces, and new housing projects,” Dockery says. Homes around the downtown area are largely ranch-style houses with wide lawns and dirt driveways, some with attached garages or carports. Mid-sized trees provide some shade from the Texas sun.
New construction has sprouted south of downtown in the master-planned Thunder Rock community. Prices range from around $250,000 to $390,000. Residents have access to shared amenities like a sports complex and rec center. Gregg Ranch is another planned community, with resident-only parks and amenities, including a community center with an outdoor pool. Homes here cost between $340,000 and $610,000. Overall, the median single-family home price in Marble Falls is about $430,000.

Four elementary schools, a new early college program at Marble Falls High

Marble Falls Independent School District has four elementary schools. Spicewood Elementary earns an A-minus from Niche, Colt Elementary gets a B, Marble Falls Elementary earns a B-minus and Highland Lakes Elementary scores a C. Marble Falls Middle School scores a C-plus, and Marble Falls High School earns a B. The district recently implemented an Early College High School program open to any incoming ninth-grade students. Via Northeast Lakeview College, students can earn up to 60 college credits and earn their Associate of Arts degree.

Lake access, improving city parks and surrounding natural areas

The lake and river are two big outdoor attractions. “Lake Marble Falls and the nearby Colorado River offer abundant opportunities for outdoor recreation,” Dockery says. “Boating and paddleboarding are popular.” Johnson Park and Lakeside Park offer lake access and sports courts and fields, and the city is working to improve recreational facilities. “Efforts to revitalize downtown and enhance public amenities like parks and waterfront access signal our commitment to both economic vitality and quality of life,” Dockery says. Outdoor recreation outside of town includes Inks Lake State Park and Balcones Canyonlands. “Our surroundings are punctuated by state parks and natural wonders,” Dockery says.

Breweries, boutiques and the Blue Bonnet Cafe

Downtown Marble Falls is walkable and offers breweries, restaurants and boutiques. “The area is dotted with craft breweries like Bear King Brewing Co. and Save the World Brewing Co.,” Dockery says. The Blue Bonnet Cafe, now almost 100 years old, is known for its pie. “It’s an iconic Marble Falls institution,” Dockery says. Residents can take in lake views at River City Grille or check out boutiques. “Birdie's Market is a go-to for artisan crafts, candles, jewelry and décor, and supports local makers,” Dockery says. “Smartie Pantz is known for blending unique, one-of-a-kind items with popular boutique brands.” An H.E.B. grocery store, Walmart and Lowe’s are also available in Marble Falls.

Formula One boat racing, downtown festivals and summer music

Lakefest, a longtime local event, is evolving. “It will now be ‘Battle on the Colorado,’ the first-ever Formula One powerboat racing event on the Colorado River,” Dockery says. “It will feature state-of-the-art tunnel boats reaching speeds over 120 miles per hour.” Downtown festivals include Market Day on Main, which brings over 100 vendors to town, with live music and food. “Our city has vibrant festivals,” Dockery says. Free summer concerts occur at Johnson Park.

Routes to Austin and San Antonio, and a new transit service

Texas Route 71 heads east to Austin, while U.S. Route 281 runs south to San Antonio, about 85 miles away. The Austin-Bergstrom International Airport is about 53 miles away via Route 71. Baylor Scott & White Medical Center Marble Falls is about 6 miles south of downtown. While downtown Marble Falls is walkable, there isn’t public transit other than the Capital Area Regional Transportation System, which operates on-demand, and residents will likely want a vehicle.

Ty Phelps
Written By
Ty Phelps

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Marble Falls Housing Trends

Housing Trends

Median List Price
$466,500
Median Sale Price
$392,995
Median Single Family Sale Price
$400,495
Median Townhouse Sale Price
$214,500
Median Change From 1st List Price
6%
Last 12 months Home Sales
388
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$301

Area Facts

Number of Homes
2,342
Number of Homes for Sale
186
Median Year Built
2000
Months of Supply
5.80
Average Single Family Home Size Sq Ft
2,215
Above the national average
1,927
Average Townhouse Size Sq Ft
1,309
Average 2 Bedroom Size Sq Ft
1,273
Average 1 Bedroom Size Sq Ft
1,058
Median Lot Size Sq Ft
9,147

Open Houses

  • Saturday, Dec 6
    Open Sat 1PM - 3PM

    204 Grey Slate Ave, Marble Falls, TX 78654

    $285,000

    • 3 Beds
    • 2 Baths
    • 1,491 Sq Ft
    • 204 Grey Slate Ave

    Welcome to this stunning Lennar home in the sought-after Thunder Rock community! With a brick and stucco exterior, front porch, and fenced backyard, this home combines curb appeal with functional outdoor space. Inside, enjoy a large open-concept living and dining area, open kitchen with quartz countertops, plenty of windows, and recessed lighting, creating a bright, inviting atmosphere. Spacious

    Angela McPherson ERA Experts

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  • Saturday, Dec 6
    Open Sat 12PM - 4PM

    236 Firethorn Rd, Marble Falls, TX 78654

    $395,999

    • 4 Beds
    • 3 Baths
    • 2,020 Sq Ft
    • 236 Firethorn Rd

    Discover this charming Agate home, ready for quick move-in! Included features: a covered entry; a well-appointed kitchen offering an alternate layout, a center island and an adjacent dining room; a welcoming great room; a stunning primary suite showcasing a spacious walk-in closet and a private bath; two secondary bedrooms with a shared bath; a central laundry and an additional bedroom and full

    Matthew Ikard New Home Now

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  • Saturday, Dec 6
    Open Sat 12PM - 4PM

    233 Torchwood Dr, Marble Falls, TX 78654

    $324,999

    • 4 Beds
    • 3 Baths
    • 2,610 Sq Ft
    • 233 Torchwood Dr

    Explore this dynamic Tourmaline home, ready for quick move-in. Included features: an inviting covered entry; a versatile flex room; an impressive kitchen offering quartz countertops, a roomy pantry and a center island; an expansive great room; an open dining area; a stunning primary suite showcasing an immense walk-in closet and a private bath with cultured marble countertops; a convenient

    Matthew Ikard New Home Now

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Marble Falls Has More Owners

Demographics

Total Population
8,683
Median Age
42
Population under 18
24.2%
On par with the national average
23.8%
Population over 65
23.6%
On par with the national average
19.1%

Finances

Median Household Income
$53,994
Significantly below the national average
$79,601
Average Household Income
$72,702

Education and Workforce

High School Graduates
84%
Below the national average
89%
College Graduates
29.6%
On par with the national average
34.1%
Advanced Degrees
12.7%
% Population in Labor Force
60.9%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
40°F
Average Summer High Temperature
95°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

3 / 100

Car-Dependent

Walk Score®®

4 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Marble Falls