307 E Pheasant Dr Marble Falls, TX 78654
Estimated payment $7,559/month
Highlights
- 150 Feet of Waterfront
- Lake View
- No HOA
- Custom Home
- Property fronts a channel
- Covered Patio or Porch
About This Home
Exceptional value on Lake LBJ! This elegant custom home rests on a rare double lot, offering 150 feet of prime waterfront along a wide, tranquil channel just seconds from open water. Arrive in style with a circle drive, oversized driveway, and side-entry garage—ideal for both impressive curb appeal and effortless entertaining. Inside, 10-foot ceilings and crown moldings set a tone of timeless sophistication. The thoughtfully designed split floor plan features 3 bedrooms, 3.5 baths, and a dedicated office, providing space and privacy for all. Accessibility is seamlessly integrated with wide doorways, a roll-in primary shower, sliding kitchen cabinets, and a low-mounted microwave for added convenience. The expansive great room flows into a formal dining area and a spacious kitchen with island seating, bar, and a sunlit breakfast nook. The lakeside primary suite is a true retreat, featuring a peaceful sitting area, water views, private patio access, and a spa-like bath with soaking tub, dual vanities, walk-in shower with multiple sprays, and a huge closet with built-ins. Two guest bedrooms are tucked away on the opposite side, sharing a full bath with patio access for rinsing off after lake adventures. A powder room and oversized laundry room add extra functionality. The lush backyard, irrigated by a lake pump, gently slopes to the water, where two boathouses with sundecks anchor each side. Enjoy lake living from your extended covered porch—perfect for outdoor dining or relaxing with friends and family.
Home Details
Home Type
- Single Family
Year Built
- Built in 2003
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 142x150x142x15
- Property fronts a channel
- 150 Feet of Waterfront
- Chain Link Fence
- Landscaped
Parking
- 3 Car Attached Garage
Home Design
- Custom Home
- Traditional Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,005 Sq Ft Home
- 1-Story Property
- Crown Molding
- Ceiling Fan
- Fireplace
- Laminate Flooring
- Lake Views
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Double Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Pedestal Sink
- Soaking Tub
Laundry
- Laundry Room
- Washer
Accessible Home Design
- Handicap Accessible
- Stepless Entry
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Additional Features
- Covered Patio or Porch
- Flood Zone Lot
Community Details
- No Home Owners Association
- Highland Haven Subdivision
Listing and Financial Details
- Assessor Parcel Number 019040
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $15,091 | $1,079,592 | $288,750 | $790,842 |
| 2024 | $15,091 | $1,079,592 | $288,750 | $790,842 |
| 2023 | $15,091 | $1,066,944 | $288,750 | $778,194 |
| 2022 | $13,584 | $858,920 | $198,000 | $660,920 |
| 2021 | $12,683 | $735,575 | $198,000 | $537,575 |
| 2020 | $11,801 | $682,939 | $198,000 | $484,939 |
| 2019 | $12,148 | $681,041 | $198,000 | $483,041 |
| 2018 | $14,538 | $807,937 | $310,500 | $497,437 |
| 2017 | $13,201 | $734,636 | $310,500 | $424,136 |
| 2016 | $13,393 | $745,312 | $310,500 | $434,812 |
| 2015 | -- | $745,312 | $310,500 | $434,812 |
| 2014 | -- | $684,437 | $310,500 | $373,937 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | Price Changed | $1,199,000 | -7.7% | $399 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $1,299,000 | -- | $432 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Independence Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Listed On Document | |
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $546,000 | Purchase Money Mortgage | |
| Previous Owner | $510,000 | New Conventional |
Source: Highland Lakes Association of REALTORS®
MLS Number: HLM173113
APN: 19040
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