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1504 Mormon Mill, Marble Falls, TX 78654
$500,000
1504 Mormon Mill, Marble Falls, TX 78654View this property at 1504 Mormon Mill, Marble Falls, TX 78654
1504 Mormon MillMarble FallsTX78654
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Property Description
Commercial Lot in the heart of Marble Falls: Entitled project with the City of Marble Falls conveys with the purchase; 2 buildings 2,800 sqft & 2,100 sqft with 26 parking spaces. Prime location in town, close to Lake Marble Falls, Down Town and HEB/Home Depot. All utilities are in place and ready for development. Possible uses include: Office, Medical, Retail, Shopping Center, Dining,... Very accessible from 281 and Mormon Mill. A gently sloping lot will keep development cost low. Amazing hill country views and sunsets from this property. Marble Falls is growing and undeveloped commercial lots are rarely available. Owner has Soil Analysis, Survey, and Topo will convey all of this information with an acceptable offer. Zoning information in associated documents. Priced below independent appraisal and Burnet County Appraisal District values. Seller Financing Available for qualified buyers!
Full Property Details
Full Property Details for 1504 Mormon Mill
General
- Price: $500,000
- Status: Active
- Type: Commercial Investment
- MLS ID: 167512
- Updated: 4/11/2024
- Added to Site: 69 day(s) ago
Business
- Business Type: Vacant Land
- Misc. Information: Corner Lot, Curbs/Gutters, In City
Location
- Area: Marble Falls
- County: Burnet
- Driving Directions: HWY 281: East on Mormon Mill Rd, Property on the Left
Utilities
- Sewer: City Sewer
- Water: City
Lot Features
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,189
- Lot Dimensions: 126 x 210 x 148 x 281
- Frontage: Paved Road
- Zoning: GC
Water Features
- Water Front View: No
Financial Considerations
- Terms: 10% down, 2.5% rate, 15yr Am, 18mo balloon...
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: S5218 HOLLY-NAUMANN LOT 2, REPLAT OF PART OF TRACT 33 0.716
- Inclusions: Land, Other/See Remarks
- Property ID: 68548
Listed by Coleman Team Realty, LLC, Jason Coleman
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Schools
Schools serving 1504 Mormon Mill
School District:Marble Falls Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
2200 Manzano Mile, Marble Falls, TX 78654 | PK-5 | 2 mi | |
1511 Pony Dr, Marble Falls, TX 78654 | 6-8 | 0.5 mi | |
2101 Mustang Dr, Marble Falls, TX 78654 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1504 Mormon Mill
Date
Details
Price
Change
Source
4/11/2024
Price Reduced
$500,000
-9.09%
MLS
4/04/2024
Price Reduced
$550,000
-8.33%
MLS
3/21/2024
Price Reduced
$600,000
-7.69%
MLS
3/14/2024
Price Reduced
$650,000
-18.75%
MLS
2/29/2024
Price Reduced
$800,000
-5.88%
MLS
2/22/2024
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1504 Mormon Mill
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,212
163%
$739,179
196%
2022
$5,023
-5%
$249,512
—
2021
$5,290
-4%
$249,512
—
2020
$5,494
-1%
$249,512
—
2019
$5,529
-3%
$249,512
—
2018
$5,693
—
$249,512
—
Disclaimer: Historical tax 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 1504 Mormon Mill
1504 Mormon Mill, Marble Falls, TX 78654 (MLS# 167512) is a Commercial Investment property. 1504 Mormon Mill is currently listed for $500,000 and was received on February 22, 2024. Want to learn more about 1504 Mormon Mill? Do you have questions about finding other Commercial Investment real estate for sale in Marble Falls? You can browse all Marble Falls real estate or contact a Coldwell Banker agent to request more information.