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$645,000
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Property Description
Two homes for the $$$ of one - Classic Ranch Style with modern updates. High ceilings throughout. Additional detached 2 car garage with large storage. Extra room for boat parking or other toys. In addition, a 640sq. ft. detached Pool House/Guest House ( New AC 3/26) with a full bath and kitchenette, vaulted 15 ft. ceilings. Bring your business, or offer a rental income option. Inground Pool. NO HOA. Location Location. ..Minutes to DT MF shopping and entertainment, Hill Country, 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 large 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. This is a multi-generational, multi-use property and living space, with several successful AB&Bs in the proximity. This is a must-see property with unlimited possibilities. Great Homestead or AB&B investment property. Frig. in main kitchen, all planters and pottery, metal exterior art do not convey. NO FLOODING ISSUES or flood zone.
Full Property Details
Full Property Details for 505 Avenue E
General
- Price: $645,000
- Taxes: $11,967 (2024)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 2155710
- Updated: 4/17/2026
- Added to Site: 119 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, Granite Counters, Kitchen Island, Multiple Living Areas, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Living Room, Stone
- Appliances: Built-In Electric Oven, Down Draft, Dishwasher, Electric Water Heater, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Oven, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Wine Refrigerator
- Flooring: Carpet, Laminate, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Inside, Main Level, Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: Fishing, Golf, Lake, Park, Pool, Sport Court(s), Street Lights, Curbs
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Outdoor Pool, Community
- Security/Safety: Prewired
Exterior
- Exterior Features: Exterior Steps, Lighting, Private Yard, Rain Gutters
- Porch/Patio/Deck: Front Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 10
- Parking Features: Circular Driveway, Concrete, Detached, Garage, Outside, Private, Workshop in Garage
Location
- Area: BU
- County: Burnet
- Subdivision: Marble Falls City
- Driving Directions: From Burnet on 281, lt. to 6th St., rt. to Ave E.
- Direction Faces: North
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
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Masonry, Stone
- Roof: Composition
- Windows: Aluminum Frames, Blinds, Double Pane Windows, Plantation Shutters, Screens
- Stories/Levels: 1
- Square Feet: 3,100
- Sq. Ft. Source: Appraiser
- Living Area: 3,100 Sq. Ft.
- Year Built: 1985
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Garage(s), Guest House, Living Quarters
Lot Features
- Lot Size (Acres): 0.3857
- Lot Size (Sq. Ft.): 16,801.09
- Lot Dimensions: 120 x 140
- Street Lights: Yes
- Fence: Yes
- Lot Features: Alley, Back Yard, City Lot, Front Yard, Sprinklers In Rear, Sprinklers In Front, Interior Lot, Landscaped, Many Trees, Sprinklers Automatic, Sprinklers In Ground, Sprinklers On Side, Trees Medium Size
- Fencing (Description): Back Yard, Front Yard, Gate, See Remarks, Wood
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Assessment Amount: $680,656
- Tax Amount: $11,967.97
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, Texas Vet, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: S6130 MARBLE FALLS CITY LOT 14, 15, 16 & 17 BLK 27
- Disclosures/Reports: Seller Disclosure
- Property ID: 28522
- Block: 27
- Lot Number: 14, 15, 16, &17
Listed by All City Real Estate Ltd. Co
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Schools
Schools serving 505 Avenue E
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Colt Elementary School 2200 Manzano Mile, Marble Falls, TX 78654 | PK-5 | 2.5 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 ATTOM Data Solutions 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
1/22/2026
Price Reduced
$645,000
-0.62%
MLS
1/08/2026
Price Reduced
$649,000
-0.76%
MLS
1/02/2026
Listed
$654,000
—
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# 2155710) is a Single Family property with 4 bedrooms and 4 full bathrooms. 505 Avenue E is currently listed for $645,000 and was received on January 02, 2026. 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.

