$400,000
$25K PRICE DROP

1418 Ocotilla Dr Marble Falls, TX 78654

Estimated payment $2,586/month

Total Views 32,222
5 Beds
4 Baths
3,089 Sq Ft
$129 Price per Sq Ft

About This Home

TWO homes for the price of one in the heart Marble Falls! Welcome to 1418 Ocotilla - units A & B. This unique property boasts two site built homes - both built in the 1970's but have been recently updated. Unit A offers 1,916 SQFT - three spacious bedrooms, two full bathrooms, two living areas, and a lovely eat-in kitchen. No carpet - new flooring has recently been installed throughout. The primary bedroom has an en-suite bathroom, and the guest bathroom can be accessed through the hallway. The private backyard for unit A is located just off of the large laundry room, and there is a huge storage closet tucked away off of the second living area. The second living room has a separate entry and cozy gas fireplace. Unit B is an 1,173 SQFT two bedroom, one and half bath home with a true 2-car attached garage. Unit B has a lovely updated kitchen, cozy living area with wood burning fireplace, and nice built-ins. Both bathrooms have been recently renovated, and the owner upgraded all the flooring to remove the carpet. Unit B also has a private backyard with a neat fire pit area in the corner - the perfect spot on a chilly winter night! You can't beat the accessibility of this corner property. Just blocks away from H-E-B & the middle school - this is a fantastic investment! No HOA, 1.8 tax rate, and move-in ready- come check out this place in person! Both units have built in security systems that convey with the sale. Shown by appointment only.

Listing Agent

Kristen Lookabaugh-Ribera

My Texas Home Broker License #0687060 Listed on: 02/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1973

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 98x174

Home Design

  • 3,089 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Community Details

  • No Home Owners Association
  • 2 Units
  • Northwood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 032922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,443

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Reso Property Sub Type: Other
  • Prop. Type: Residential Income
  • Co List Office Mls Id: HLM961
  • Subdivision Name: Northwood Acres
  • Directions: FROM 1431 - TURN ON BLUEBONNET DRIVE. LEFT ON TERRACE DRIVE. RIGHT ON OCOTILLA. HOMES ARE ON THE CORNER OF LANTANA AND OCOTILLA. SIGN.
  • Year Built: 1973
  • HLM_ShortTermRentalAllowed: YES
  • HLM_FloodZone: No
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_PropOwnFeeMand: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.26

Schools

  • Junior High Dist: Marble Falls

Lot Info

  • Lot Dimensions: 98x174
  • Parcel #: 032922

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,443 $353,695 -- --
2023 $4,443 $321,541 $0 $0
2022 $5,419 $291,939 -- --
2021 $5,844 $281,458 $24,188 $257,270
2020 $5,346 $241,272 $24,188 $217,084
2019 $5,727 $250,994 $24,188 $226,806
2018 $5,556 $239,674 $24,188 $215,486
2017 $4,715 $201,992 $12,375 $189,617
2016 $4,313 $184,753 $12,375 $172,378
2015 -- $184,753 $12,375 $172,378
2014 -- $175,098 $12,375 $162,723
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $400,000 -2.4% $129 / Sq Ft
06/25/2025 06/25/25 Price Changed $410,000 -2.4% $133 / Sq Ft
03/03/2025 03/03/25 Price Changed $420,000 -1.2% $136 / Sq Ft
02/07/2025 02/07/25 For Sale $425,000 0.0% $138 / Sq Ft
06/28/2024 06/28/24 Rented $1,800 0.0% --
04/13/2024 04/13/24 For Rent $1,800 -28.0% --
10/13/2023 10/13/23 Rented -- -- --
09/22/2023 09/22/23 Price Changed $2,500 -3.8% $1 / Sq Ft
08/10/2023 08/10/23 Price Changed $2,600 -7.1% $1 / Sq Ft
08/01/2023 08/01/23 For Rent $2,800 -- --
Source: Highland Lakes Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Highland Lakes Association of REALTORS®

MLS Number: HLM171851

Highland Lakes Association of REALTORS®

APN: 32922