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$1,250,000
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Property Description
Over 10 acres at one of the higher elevations in the Marble Falls area, offering sweeping panoramic views of Lake Marble Falls, downtown Marble Falls, and the surrounding Texas Hill Country. The true value of this property lies in the land, the elevation, and its exceptional location just minutes from Marble Falls, Horseshoe Bay Resort, and Lake LBJ. The acreage features mature oaks, native trees, and striking granite outcroppings. Portions of the property slope into a canyon, creating a natural buffer that enhances privacy and security while framing dramatic Hill Country views. A two-story 2,400 sqft home built in 2001 (3 bed / 3.5 bath) currently sits on the property and is functional as a residence, guest house, or potential rental opportunity (subject to permits). It could also provide a practical place to live while planning and building a future custom home on the property. Additional improvements include two detached carports and two large water storage tanks. New survey available. This property presents a rare opportunity for a private Hill Country estate homesite with elevated lake views so close to town. Given its size, location, and proximity to Marble Falls growth corridors, buyers may also wish to explore the potential for future rezoning or subdivision opportunities, subject to city approvals and development requirements. Conveniently located approximately 2 miles from historic Marble Falls, about 5 miles from Horseshoe Bay Resort, and within easy reach of Lake LBJ, medical facilities, and regional retail development.
Full Property Details
Full Property Details for 103 Palmie Ln
General
- Price: $1,250,000
- Taxes: $11,356 (2025)
- Status: Active
- Type: Farm Single-Family
- Source: Austin_MLS
- MLS ID: 5354282
- Updated: 3/19/2026
- Added to Site: 16 day(s) ago
Interior
- Interior Features: Built-in Features, Eat-in Kitchen, High Ceilings, Main Level Primary
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Electric Oven, Disposal
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 2
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: Balcony, Exterior Steps
- Porch/Patio/Deck: Rear Porch, Front Porch, Balcony
Parking
- Carports: Yes
- Total Spaces: 10
- Parking Features: Additional Parking, Carport
Location
- Area: BU
- County: Burnet
- Subdivision: Lake Marble Falls
- Driving Directions: From Austin head on Highway 71 and turn off towards Marble Falls on US-281. Continue till turning left onto RM2147, then left onto Rocky Road. At top of hill turn left on Palmie Lane and property is found at the far end of the road - gates and private driveway.
- Direction Faces: Northeast
School Information
- Elem School District: Marble Falls ISD
- Midd School District: Marble Falls ISD
- High School District: Marble Falls ISD
- Elementary School: Marble Falls
- Middle School: Marble Falls
- High School: Marble Falls
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Connected, High Speed Internet Available, Propane, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type, Masonry, Wood Siding
- Roof: Metal
- Windows: Double Pane Windows, Window Coverings
- Stories/Levels: 2
- Square Feet: 2,400
- Sq. Ft. Source: Public Records
- Living Area: 2,400 Sq. Ft.
- Year Built: 2001
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: Residence, Storage
Lot Features
- Property View: City Lights, City, Lake, Panoramic, Rural, Trees/Woods
- Lot Size (Acres): 10.05
- Lot Size (Sq. Ft.): 437,778
- Fence: Yes
- Topography: Level, Sloping
- Lot Features: Sloped Down, Gentle Sloping, Native Plants, Rock Outcropping, Many Trees, Split Possible, Trees Medium Size, Views, Flat, Private, Wooded
- Fencing (Description): See Remarks
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $645,902
- Tax Amount: $11,356.89
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: S5755 LAKE MARBLE FALLS LOT TRACT 10, GUADALUPE FLORES AB 304 10.05
- Disclosures/Reports: Seller Disclosure
- Property ID: 25904
- Lot Number: LOT TRACT 10
Listed by Keller Williams - Lake Travis
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Schools
Schools serving 103 Palmie Ln
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Spicewood Elementary School, Spicewood, TX 1005 Spur 191, Spicewood, TX 78669 | PK-5 | 9.6 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 2.3 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 103 Palmie Ln
Date
Details
Price
Change
Source
3/19/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 103 Palmie Ln
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