This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
$649,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
Property Description
The owner may consider Owner Financing with a qualified buyer. Modernized Ranch Style Home on a large lot, with a Pool, and a Guest House/ Rental of AB&B NO HOA. Detached 2 car garage with additional large storage. Additional boat parking Location Location. Two houses on one lot..Minutes to DT MF shopping and entertainment, Lakes, parks, and hiking. A large covered front porch greets you for coffee or outdoor dining. This property offers a 3/3 main house with 10' and 12' ceilings, a Family room, an open kitchen, and a great room with a fireplace. Located on an oversized lot w/ a large storage/shop area. A greenhouse is also on site. In addition, a 640sq. ft. detached Pool House/Guest House with a full bath and kitchenette, vaulted 15 ft. ceilings. Bring your business, or offer a rental income option or a multigenerational living space. This is a Multi-use property with several successful AB&Bs in the proximity. This is a must-see property with unlimited possibilities. Great Homestead or AB&B investment property. NO HOA.. Owner/ License Texas Agent. Frig. in main kitchen, all planters and pottery, metal exterior art do not convey. NO FLOODING ISSUES or flood zone, One hour notice to show, please. garage being used as storage. Owner is TX Lic. Agent
Full Property Details
Full Property Details for 505 Avenue E
General
- Price: $649,000
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 174060
- Updated: 1/8/2026
- Added to Site: 203 day(s) ago
Interior
- Rooms/Areas: Bonus Room, Dining Room, Family Room, Foyer, Great Room, Guest/Maid Quarters, Kitchen, Laundry, Living Room, Storage Room, Utility Room Inside
- Interior Features: High Ceilings
- Fireplace: Yes
- Fireplace(s): One, Gas Log, One, Gas Log
- Appliances: Disposal, Ice Maker, Gas Range, Refrigerator, Warming Drawer, Gas Water Heater, Wall Oven
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Gunite, In Ground
Exterior
- Exterior Features: Rain Gutters, Sprinkler System, Stonework
Parking
- Garage: Yes
- Garage Description: 2 Car Detached Garage, Rear Entry
Location
- County: Burnet
- Subdivision: A
- Driving Directions: Hwy 281 to 6th St, to Ave E
School Information
- High School District: Marble Falls
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch, Other
- Construction: Wood Siding, Other, Stone
- Foundation: Slab
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 3,100
- Sq. Ft. Source: Appraiser
- Living Area: 3,100 Sq. Ft.
- Year Built: 1985
Unit Information
- Residential Units: 2
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,800
- Lot Dimensions: 120 x 140
- Frontage: Paved Road
- Fence: Yes
- Fencing (Description): High Fence, Pipe, Wood
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Heat Pump, Zoned
Financial Considerations
- Price Per Sq. Ft.: $209.35
- Assoc Fee Freq.: None
Disclosures and Reports
- Legal Description: S6130 MARBLE FALLS CITY LOT 14, 15, 16 & 17 BLK 27
- Property ID: 28522
Listed by All City Real Estate Ltd. Co, Threasa Reker
Get Pre-Approved Today
Schools
Schools serving 505 Avenue E
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Marble Falls Elementary School 901 Avenue U, Marble Falls, TX 78654 | PK-5 | 1.2 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 0.9 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 1.5 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 505 Avenue E
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$649,000
-0.76%
MLS
12/29/2025
Price Reduced
$654,000
-0.15%
MLS
12/05/2025
Price Reduced
$655,000
-0.61%
MLS
9/19/2025
Price Reduced
$659,000
-1.49%
MLS
8/07/2025
Price Reduced
$669,000
-0.89%
MLS
7/26/2025
Price Reduced
$675,000
-3.3%
MLS
7/18/2025
Price Reduced
$698,000
-4.25%
MLS
7/02/2025
Price Reduced
$729,000
-1.35%
MLS
6/28/2025
Listed
$739,000
—
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 505 Avenue E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,298
12%
$680,656
11%
2023
$10,938
6%
$611,926
19%
2022
$10,312
20%
$512,228
26%
2021
$8,587
1%
$405,000
5%
2020
$8,513
-1%
$386,592
-1%
2019
$8,642
-16%
$390,000
-14%
2018
$10,297
—
$451,303
—
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 505 Avenue E
505 Avenue E, Marble Falls, TX 78654 (MLS# 174060) is a Single Family property with 4 bedrooms and 4 full bathrooms. 505 Avenue E is currently listed for $649,000 and was received on June 28, 2025. Want to learn more about 505 Avenue E? 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.

