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$22,000

  • For Sale
  • Active
  • Lots/Land
  • 0.1148 Acres
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The property is a vacant lot suitable for residential construction. It is situated in a prime location, just 45 minutes from downtown Austin and only a block away from Lake Marble Falls. The lake offers various amenities, including a park, playground, and access to two boat ramps, one on Lake Marble Falls. The property is also within the Marble Falls Independent School District. This property has excellent potential for investment or as a vacation home.

Full Property Details for 540 Driftwood Ln

General

  • Price: $22,000
  • Taxes: $387 (2022)
  • Status: Active
  • Type: Lots/Land
  • Source: Austin_MLS
  • MLS ID: 5135574
  • Updated: 12/23/2025
  • Added to Site: 692 day(s) ago

Additional Information

  • Shared Amenities: Dog Park, Fishing, Lake, Playground, Park, See Remarks, Trails/Paths

Exterior

  • Exterior Features: None

Location

  • Area: BU
  • County: Burnet
  • Subdivision: Yellowstone
  • Driving Directions: Heading West on Hwy 71, merge onto US-281 N via the ramp to Marble Falls/Burnet, Turn left onto FM2147 W , Turn right onto Dutch Leming Ln, Turn right at the 1st cross street onto Cottonwood Dr

School Information

  • Elem School District: Marble Falls ISD
  • Midd School District: Marble Falls ISD
  • High School District: Marble Falls ISD
  • Elementary School: Colt
  • Middle School: Marble Falls
  • High School: Marble Falls

Utilities

  • Sewer: See Remarks
  • Water: Public
  • Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

  • Detached/Attached: Detached

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1148
  • Lot Size (Sq. Ft.): 5,000.69
  • Lot Features: See Remarks, Trees Small Size

Financial Considerations

  • Assessment Amount: $19,500
  • Tax Amount: $387.47
  • Tax Year: 2022
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: S8750 YELLOWSTONE LOT 540
  • Disclosures/Reports: None
  • Property ID: 8750000000540000
  • Lot Number: 540

Listed by Berkshire Hathaway TX Realty

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Listing agent

— 540 Driftwood Ln —

  • Berkshire Hathaway TX Realty

(512) 483-6000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 540 Driftwood Ln

School District:Marble Falls Independent School District
NameGradesDistance
Colt Elementary School
2200 Manzano Mile, Marble Falls, TX 78654
PK-55.7 mi
Marble Falls Middle School
1511 Pony Drive, Marble Falls, TX 78654
6-83.4 mi
Marble Falls High School
2101 Mustang Drive, Marble Falls, TX 78654
9-124.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 540 Driftwood Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2025
Price Reduced
$22,000
-31.25%
MLS
5/24/2024
Price Reduced
$32,000
-8.57%
MLS
4/28/2024
Price Reduced
$35,000
-18.6%
MLS
4/08/2024
Price Reduced
$43,000
-18.87%
MLS
2/27/2024
Listed
$53,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 540 Driftwood Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$347
—
$21,500
10%
2024
$347
1%
$19,500
—
2023
$344
-11%
$19,500
—
2022
$387
169%
$19,500
179%
2021
$144
23%
$7,000
27%
2020
$117
-1%
$5,500
—
2019
$118
-2%
$5,500
—
2018
$121
—
$5,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Berkshire Hathaway TX Realty

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000 Driftwood Lane, Cottonwood Shores, TX 78657 (MLS# 5135574) is a Lots/Land property with a lot size of 0.1148 acres. 000 Driftwood Lane is currently listed for $22,000 and was received on February 27, 2024. Want to learn more about 000 Driftwood Lane? Do you have questions about finding other Lots/Land real estate for sale in Cottonwood Shores? You can browse all Cottonwood Shores real estate or contact a Coldwell Banker agent to request more information.

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