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1/22
$349,000 -$11,000 (-3.06%) Price Reduced
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Property Description
Perfectly located in the heart of fast-growing Marble Falls, this mixed-use property that is zoned for both residential and commercial use-offers potential for a home, office, studio, or live/work space. Near historic Main Street, Lake Marble Falls, and expansive city parks, 508 Avenue G places you right in the center of one of the Hill Country's most vibrant communities. Lovingly updated, this 1955 gem blends timeless character with modern comfort. Updates include all-new plumbing, electrical system, HVAC, windows, insulation, tankless gas water heater, and security system wiring. Just add cameras if desired. The home's open floor plan creates a welcoming, airy feel while maintaining its vintage charm, highlighted by original cabinetry in the kitchen and refinished hardwood floors. The bathroom is a true retreat, featuring glass walk-in shower and petite clawfoot tub, a perfect spot to unwind. Enjoy abundant natural light and energy efficiency thanks to insulated windows. Outside, the large triple lot offers space for a garden, chicken coop, and seating, with room left over for games or expansion. A towering pecan tree provides afternoon shade for the home and patio, while alley access makes it easy to add extra parking or even a secondary structure. Whether you're looking for a Hill Country home, a commercial location, or an investment property with flexible zoning, this one-of-a-kind listing has it all. Don't miss your chance to own a piece of historic Marble Falls!
Full Property Details
Full Property Details for 508 Ave G
General
- Price: $349,000
- Status: Active
- Type: Commercial
- Source: Highland_Lakes_MLS
- MLS ID: 174531
- Updated: 6/7/2026
- Added to Site: 320 day(s) ago
Business
- Business Type: None
- Misc. Information: Cable TV, Patio/Deck, Smoke Detectors, In City, Kitchen Area, Living Area
Interior
- Appliances: Gas Range, Washer Hookup, Gas Water Heater
- Flooring: Hardwood, Tile, Vinyl
Parking
- Parking Features: Other
Location
- County: Burnet
- Driving Directions: Traveling North on HWY 281: Right on 6th Street. Right on Ave G. Home is on right.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Natural Gas
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Siding, Stone
- Roof: Composition
- Square Feet: 1,242
- Sq. Ft. Source: County Records
- Living Area: 1,242 Sq. Ft.
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.3
- Lot Dimensions: 91.44 x 140
- Frontage: Paved Road
- Zoning: NC
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Ceiling Fan(s), Windows
Financial Considerations
- Price Per Sq. Ft.: $281
Disclosures and Reports
- Legal Description: S6130 MARBLE FALLS CITY LOT 4, 5, 6 BLK 30
- Property ID: 28540
Listed by eXp Realty, LLC, Joy Jordan
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Schools
Schools serving 508 Ave G
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Marble Falls Elementary School 901 Avenue U, Marble Falls, TX 78654 | PK-5 | 1 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 0.8 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 1.6 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 508 Ave G
Date
Details
Price
Change
Source
6/07/2026
Price Reduced
$349,000
-3.06%
MLS
5/16/2026
Price Reduced
$360,000
-9.77%
MLS
11/10/2025
Price Reduced
$399,000
-6.99%
MLS
10/13/2025
Price Reduced
$429,000
-4.45%
MLS
9/15/2025
Price Reduced
$449,000
-4.26%
MLS
8/11/2025
Price Reduced
$469,000
-6.01%
MLS
7/28/2025
Listed
$499,000
—
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 508 Ave G
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,457
-3%
$310,362
—
2024
$5,608
1%
$310,362
—
2023
$5,547
24%
$310,362
39%
2022
$4,484
8%
$222,752
14%
2021
$4,158
4%
$196,122
8%
2020
$3,995
7%
$181,439
7%
2019
$3,745
-3%
$169,000
—
2018
$3,856
—
$169,000
—
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 508 Ave G
508 Ave G, Marble Falls, TX 78654 (MLS# 174531) is a Commercial property. 508 Ave G is currently listed for $349,000 and was received on July 28, 2025. Want to learn more about 508 Ave G? Do you have questions about finding other Commercial 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.

