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$1,750,000 Just Listed
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Property Description
Incredible investment opportunity in the heart of Marble Falls! Ideally located between Westside Park and Johnson Park, this rare multi-unit property features five separate single-story duplex buildings situated on over 1 acre - totaling 10 units. Each unit offers a 2-bedroom, 2-bathroom layout with metal framing and metal studs. All units are currently occupied, providing immediate income. Tenants are responsible for all utilities and trash, maximizing owner efficiency. Property is serviced by city water and city sewer. Units 1803 A & B are built on pier and beam foundations and include attached garages and fenced yards. Units 1701-1707 are built on slab foundations and feature two designated paved parking spaces per unit. Significant recent upgrades include all metal roofs replaced in August 2025. The property has been meticulously maintained, with no history of pets or smoking, contributing to its excellent condition. All units are professionally managed by TJM Property Management and consistently lease quickly due to the property's prime location and strong rental demand. Current rent rolls available with proof of funds and/or pre-approval, along with a signed NDA. This is a true turn-key investment opportunity in one of the fastest-growing areas of the Texas Hill Country-don't miss it! Shown by appointment only.
Full Property Details
Full Property Details for 1701-1803 Johnson St
General
- Price: $1,750,000
- Status: Active
- Type: Apartment
- Source: Highland_Lakes_MLS
- MLS ID: 177325
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Business
- Misc. Information: Curbs/Gutters, Individual Water Heat, Smoke Detectors, In City, Kitchen Area, Living Area
Interior
- Appliances: Dishwasher, Electric Water Heater
- Flooring: Laminate Floating, Vinyl
Parking
- Total Spaces: 20
- Parking Features: Asphalt, Concrete
Location
- County: Burnet
- Driving Directions: AVOID AVENUE N! FROM JOHNSON PARK, FOLLOW AVENUE J. MAKE A RIGHT ON JOHNSON STREET. ALL BUILDINGS ARE ON YOUR RIGHT - NO SIGN. DO NOT DISTURB TENANTS.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Gas: None
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Steel Frame, HardiPlank Type, Wood Siding
- Foundation: Slab
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 8,658
- Sq. Ft. Source: County Records
- Living Area: 8,658 Sq. Ft.
- Year Built: 1997
Lot Features
- Lot Size (Acres): 1.17
- Lot Dimensions: 380 x 140
- Frontage: All Weather, Paved Road
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Ceiling Fan(s)
Financial Considerations
- Price Per Sq. Ft.: $202.13
Disclosures and Reports
- Legal Description: SEE SPECIAL PROVISIONS
- Inclusions: Building(s), Land, Lease
- Property ID: 63954
Listed by My Texas Home Broker, Kristen Ribera
Get Pre-Approved Today
Price & Sales History for 1701-1803 Johnson St
Date
Details
Price
Change
Source
4/02/2026
Listed
$1,750,000
—
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 1701-1803 Johnson St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,776
—
$210,922
1%
2024
$3,776
4%
$209,000
3%
2023
$3,625
-6%
$202,783
6%
2022
$3,857
1%
$191,609
7%
2021
$3,801
10%
$179,254
14%
2020
$3,467
-1%
$157,442
—
2019
$3,505
37%
$158,169
41%
2018
$2,555
—
$111,998
—
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 1701-1803 Johnson St
1701-1803 Johnson Street, Marble Falls, TX 78654 (MLS# 177325) is a Apartment property. 1701-1803 Johnson Street is currently listed for $1,750,000 and was received on April 02, 2026. Want to learn more about 1701-1803 Johnson Street? Do you have questions about finding other Apartment 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.

