About this home

Discover one of Marble Falls' most extraordinary waterfront estates, offering approximately 200 ft of channel frontage. and a level of luxury rarely found on Lake LBJ. This listing offers 1/6 deeded ownership interest (Tenants in Common). List price reflects the purchase price of one fractional ownership share only, not the entire property. Cash purchase is required. Financing for fractional ownership is generally limited. Owners enjoy approximately 8 weeks of annual exclusive use through a professionally managed rotating reservation schedule, combining luxury ownership with a true lock-and-leave lifestyle. Designed for exceptional entertaining, this 4,500 sq ft single story residence features an expansive open living room where walls of windows frame peaceful waterfront views. The gourmet kitchen is equipped with propane range, dual dishwashers, premium finishes, while the separate prep and baker's kitchen offers additional appliances, freezers, sinks, and abundant workspace for effortless hosting. Outside, the estate transforms into a private waterfront resort. An oversized pool with cascading waterfall is surrounded by towering palms, lush professional landscaping, a sandy beach-style lounging area, 2 fire pits, and an expansive patio overlooking the water. A separate pool house provides additional accommodations with a bedroom, living area, kitchenette, and full bath. The detached two-car garage includes 3 additional storage rooms. The 203 ft of waterfront is complemented by a covered hydraulic boat slip with an automated enclosure, two jet ski lifts, and a fully fenced lawn extending to the water's edge. Professionally managed ownership allows you to enjoy an exceptional luxury lakefront lifestyle without the responsibilities of full-time ownership. Contact listing agent for total property value, ownership details, reservation schedule, and fractional ownership documents.

Property details

Property type

Residential

Status

Active

Year built

1970

Full baths

2

Half baths

1

Lot size

0.6

Subdivision

Shady Acres

MLS area

BU

MLS #

246967948

Features

Additional details

Parking

Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Paved, Private

Garage spaces

2

Roof

Shingle

Foundation

Slab

HOA

$200 / annually

Annual tax

$363,198

Schools

Assigned schools per the MLS.

School district

Marble Falls ISD

Elementary

Marble Falls

Middle

Marble Falls

High

Marble Falls

See Marble Falls ISD schools & boundaries →

Getting around

Downtown Austin

45.3 mi

Austin-Bergstrom Airport

51.8 mi

Straight-line distance, not drive time.

Market insights

Compared with 298 active homes in ZIP 78654 · HomeLocating listings

At $350,000, this home is priced 27% below the $479,500 median across 298 active homes in ZIP 78654.

See this home in person