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$379,000 -$20,000 (-5.01%) Price Reduced
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Property Description
Welcome to The Red Door Cottage, a fully renovated 1950 property ideally positioned in the heart of downtown Marble Falls, just one block from Main Street's restaurants, shops, and the iconic Blue Bonnet Cafe. Zoned Neighborhood Commercial, this property provides exceptional versatility - perfect for a professional office, boutique, wellness studio, or live/work space. Its prime corner location, ample parking, and pedestrian-friendly setting create endless opportunities for both business and residential use. Originally constructed in 1950 and completely remodeled in 2020, the building was taken down to the studs and rebuilt with modern systems and timeless design. Improvements include a new roof, HVAC, plumbing, electrical, and appliances, while the renovation preserved key elements of its character - refinished original hardwood floors, the signature red front door, and a custom restored pocket door. The inviting layout offers a flexible configuration suitable for office or residential use, featuring two private rooms, a full bath, and a light-filled common area accented by reclaimed wood paneling. The kitchen showcases a large marble island, abundant storage, and updated fixtures - ideal for a break area, client hospitality space, or residential convenience. Outdoors, the property offers both a covered front porch and rear porch, perfect for client entry or employee relaxation. The oversized, shaded corner lot includes a fenced backyard and space for potential expansion or additional parking. Formerly operated as a highly rated short-term rental known as "The Red Door Cottage," the property has a proven income history and strong curb appeal, making it a standout opportunity in one of Marble Falls' most desirable downtown locations. An adjacent lot is also available for sale, offering potential for future growth or additional development.
Full Property Details
Full Property Details for 700 5th St
General
- Price: $379,000
- Taxes: $5,429 (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 1615019
- Updated: 1/13/2026
- Added to Site: 90 day(s) ago
Interior
- Flooring: Wood
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Equipment: Negotiable
Exterior
- Exterior Features: Sprinkler/Irrigation
Parking
- Carports: Yes
- Total Spaces: 2
- Parking Features: Alley Access, Covered, Carport
Location
- Area: BU
- County: Burnet
- Subdivision: Marble Falls City
- Driving Directions: From State Hwy 71 W, drive to 5th St. Turn right onto 5th St. Destination will be on the right. From US-281 N, drive to 5th St. Turn right onto 5th St. Destination will be on the right.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Stone
- Square Feet: 1,214
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Other, Residential, Single Family, See Remarks
- Year Built: 1950
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1928
- Lot Size (Sq. Ft.): 8,398.37
- Topography: Level
- Lot Features: Flat, Level
Financial Considerations
- Assessment Amount: $305,000
- Tax Amount: $5,429.31
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: See Remarks
- Documents Avail.: See Remarks
- Multiple Parcels: Yes
- Legal Description: S6130 MARBLE FALLS CITY LOT 10-A BLK 15
- Disclosures/Reports: See Remarks
- Property ID: 28408
- Block: 15
- Lot Number: 10-A
Listed by Hallmark Luxury Real Estate
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Schools
Schools serving 700 5th St
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 5th St
Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$379,000
-5.01%
MLS
10/19/2025
Listed
$399,000
—
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 700 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,046
—
$305,000
-8%
2024
$5,046
6%
$331,325
4%
2023
$4,779
-11%
$318,648
10%
2022
$5,373
-2%
$289,680
12%
2021
$5,505
167%
$259,653
177%
2020
$2,062
-38%
$93,643
-38%
2019
$3,341
—
$150,756
2%
2018
$3,356
—
$147,096
—
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 700 5th St
700 5th Street, Marble Falls, TX 78654 (MLS# 1615019) is a Commercial property. 700 5th Street is currently listed for $379,000 and was received on October 19, 2025. Want to learn more about 700 5th Street? 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.

