Date
Details
Price
Change
Source
5/27/2026
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,400,000 Just Listed
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Property Description
Perched above Lake Marble Falls in a quiet, laid-back area of town, this rare 1.67-acre dual-lot property offers the perfect blend of relaxed lake living and unmatched versatility for entrepreneurs, investors, and outdoor enthusiasts. This unique, in-town opportunity features 3 different structures for future flexibility. The main home, with quaint 1950s charm, features 4 bedrooms, 3.5 baths, two spacious living areas, and outdoor spaces with panoramic lake and Hill Country views. Primary and secondary bedroom suites are located on the main floor, while the lower level includes two additional bedrooms and a game room. Near the main home, a modern two-story structure could act as a guest home with an upstairs apartment and deck with incredible views. Downstairs is a converted garage bunkroom with a kitchenette and bath, offering flexible accommodations for guests, extended stays, or short-term rentals. Adjacent to the main house, the third structure spans approximately 3000 SF with 2100 SF of fully insulated and heated/cooled garage, including a half bath and large spaces for equipment storage or all the hobby areas you need! This building adds extraordinary functionality rarely found on the lake and in town. It is ready to be a workshop, office, exercise room, additional parking, etc. A golf cart path winds down to a private single-slip boat dock with a party deck and storehouse, creating effortless access to days on the water. Enjoy the structures as they stand, or plan your own custom build. All this plus convenience to shopping, restaurants, and necessities in Marble Falls. Less than half a mile to Bluebonnet Cafe, a half mile to Main Street and live music at Old Oak Square, and only 1.3 miles from HEB. City utilities. Short-term rentals are allowed with registration with the City. Nothing like it elsewhere on the lake at this price point. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
Full Property Details
Full Property Details for 401 Crestview Dr
General
- Price: $2,400,000
- Taxes: $1,446,009 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 4283530
- Updated: Today (5/27/2026)
- Added to Site: Today
Interior
- Interior Features: Main Level Primary, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Bath, Living Room
- Appliances: Built-In Oven, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s)
- Flooring: Concrete, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 5
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 2
Other Rooms
- Laundry: Laundry Room, Multiple Locations
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: Boat Lift, Boat Slip, Dock, Private Yard
- Porch/Patio/Deck: Covered, Deck, Porch
Parking
- Garage: Yes
- Garage Spaces: 7
- Covered Spaces: 7
- Total Spaces: 10
- Parking Features: Additional Parking, Attached, Garage, RV Access/Parking, Workshop in Garage
Location
- Area: BU
- County: Burnet
- Subdivision: Rippy-Baker Sub
- Driving Directions: From 281, turn onto 4th Street. Property is located at the corner of Crestview Drive and 4th Street.
- Direction Faces: Northwest
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type, Masonry, Stone
- Roof: Membrane, Metal
- Windows: Window Treatments
- Stories/Levels: 2
- Square Feet: 5,184
- Sq. Ft. Source: See Remarks
- Living Area: 5,184 Sq. Ft.
- Year Built: 1950
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Garage Apartment, Guest House, Workshop
Lot Features
- Property View: Lake, Trees/Woods, Water
- Lot Size (Acres): 1.67
- Lot Size (Sq. Ft.): 72,745.2
- Lot Features: Back Yard, Corner Lot, Sloped Down, Front Yard, Private, Views
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Marble Falls
- Water Front Desc.: Lake Front, Waterfront, Boat Ramp/Lift Access
- Lake Front: Yes
Financial Considerations
- Assessment Amount: $22,040
- Tax Amount: $1,446,009
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Multiple Parcels: Yes
- Legal Description: S7295 RIPPY-BAKER SUB LOT 1C
- Disclosures/Reports: Lead Based Paint Disclosure
- Property ID: 63945
- Lot Number: 1C
Listed by Moreland Properties
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Listing agents
— 401 Crestview Dr —
Moreland Properties
Moreland Properties
(512) 480-0848
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 401 Crestview Dr
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Colt Elementary School 2200 Manzano Mile, Marble Falls, TX 78654 | PK-5 | 2.6 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 1.1 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 1.5 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 401 Crestview Dr
Tax History
Tax History for 401 Crestview Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,087
-9%
$750,000
—
2024
$12,225
-14%
$750,000
-5%
2023
$14,172
-1%
$792,865
11%
2022
$14,341
30%
$712,339
19%
2021
$11,019
—
$598,853
9%
2020
$10,968
-3%
$548,051
—
2019
$11,316
-5%
$546,426
5%
2018
$11,860
—
$519,815
—
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 401 Crestview Dr
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- Single Family
- Active
- Updated 12 days ago
- 4Beds
- 6Total Baths
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
Listed by Nattlie Hoover Real Estate Group (512) 790-1033
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401 Crestview Drive, Marble Falls, TX 78654 (MLS# 4283530) is a Single Family property with 5 bedrooms, 5 full bathrooms and 2 partial bathrooms. 401 Crestview Drive is currently listed for $2,400,000 and was received on May 27, 2026. Want to learn more about 401 Crestview Drive? Do you have questions about finding other Single Family 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.