Waterfront Homes in Marble Falls, TX

29 active waterfront homes in Marble Falls, TX from $240,000 · The median list price in Marble Falls is $447,500.

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Live data — verified active on October 3, 2026. A home is listed here when its MLS listing is flagged waterfront.

$1,200,000

3615 Peninsular DR, Marble Falls TX 78654

MLS #247209527 · Keller Williams Realty · Megan Holley

6 bd·5.5 ba·4,192 sqft

Timeshare

$350,000

311 Oleander DR, Marble Falls TX 78654

MLS #246967948 · MCM Land Company LLC · Kasey Mercurio

4 bd·2.5 ba·4,143 sqft

$295,000

1405 Johnson ST, Marble Falls TX 78654

MLS #246782363 · D Green & Associates · Becky Carpenter

2 bd·2 ba·1,320 sqft

Price Cut

$499,900

24000 Bluebird LN, Marble Falls TX 78654

MLS #246441640 · Keller Williams - Lake Travis · Gene Arant

2 bd·1 ba·1,230 sqft

Motivated Seller

$1,075,000

4343 Brasada LN, Marble Falls TX 78654

MLS #246086906 · Compass RE Texas, LLC · Helen Fernandez

3 bd·3.5 ba·2,623 sqft

Motivated Seller

$995,900

3309 Brasada LN, Marble Falls TX 78654

MLS #245715450 · Keller Williams Realty Lone St · Danielle Babin

3 bd·2 ba·2,270 sqft

Motivated Seller

$895,000

421 Chimney Cove DR, Marble Falls TX 78654

MLS #245217366 · All City Real Estate Ltd. Co · Ryan Wolters

4 bd·3 ba·2,998 sqft

Motivated Seller

$1,250,000

103 Palmie LN, Marble Falls TX 78654

MLS #223456112 · Keller Williams - Lake Travis · Victoria Morrison

3 bd·3.5 ba·2,400 sqft

Motivated Seller

$899,000

508 Main ST, Marble Falls TX 78654

MLS #239236152 · Domain Realty, LLC · Garrett Trahan

4 bd·3 ba·2,095 sqft

Motivated Seller

$2,300,000

24105 Fm 1431, Marble Falls TX 78654

MLS #234284638 · The Caldwell Company · George Liebes

2 bd·1 ba·800 sqft

Motivated Seller

$1,300,000

4909 Lookout Ridge DR, Marble Falls TX 78654

MLS #241296123 · Compass RE Texas, LLC · Johnie Borgeson

3 bd·2 ba·1,628 sqft

Motivated Seller

$1,375,000

348 Chimney Cove DR, Marble Falls TX 78654

MLS #237384054 · All City Real Estate Ltd. Co · Ryan Wolters

5 bd·4 ba·3,215 sqft

Price Cut

$1,395,000

5300 Lookout Ridge DR, Marble Falls TX 78654

MLS #242263460 · Coldwell Banker S.G. Billings · Greg Billings

3 bd·3.5 ba·2,243 sqft

Price Cut

$2,200,000

401 Crestview DR, Marble Falls TX 78654

MLS #242649496 · Moreland Properties · Elsa Decker

5 bd·6.5 ba·5,184 sqft

Motivated Seller

$825,000

5255 Lookout Ridge DR, Marble Falls TX 78654

MLS #242527773 · Coldwell Banker S.G. Billings · Greg Billings

3 bd·3.5 ba·2,243 sqft

Motivated Seller

$2,295,000

1002 Pecan CIR, Marble Falls TX 78654

MLS #242195485 · Mallach and Company · Charlie Huggins

4 bd·4 ba·3,272 sqft

Motivated Seller

$1,295,000

500 Lakeshore DR, Marble Falls TX 78654

MLS #241135351 · Carlene Bond, Broker · Carlie Bond

5 bd·3 ba·2,397 sqft

Motivated Seller

$399,000

28537 Paradise Manor DR, Marble Falls TX 78654

MLS #241907454 · Redfin Corporation · Andrew Vallejo

3 bd·2 ba·1,472 sqft

Price Cut

$670,000

5135 Lookout Ridge DR, Marble Falls TX 78654

MLS #242345403 · Coldwell Banker S.G. Billings · Greg Billings

1,760 sqft

Motivated Seller

$2,175,000

624 Waterside DR, Marble Falls TX 78654

MLS #235741446 · Dale Brown Properties, LLC · Dale Brown

4 bd·4 ba·3,512 sqft

Motivated Seller

$1,150,000

23521 Flat Creek DR, Marble Falls TX 78654

MLS #239935286 · Coldwell Banker S.G. Billings · Greg Billings

4 bd·3.5 ba·3,644 sqft

$1,380,000

3609 Peninsular DR, Marble Falls TX 78654

MLS #244385647 · eXp Realty, LLC · Dave Marvin

5 bd·3.5 ba·3,924 sqft

Price Cut

$944,000

26815 Blue Cove RD, Marble Falls TX 78654

MLS #244394317 · Horizon Realty · Linda Holmbeck

2 bd·2.5 ba·1,899 sqft

Motivated Seller

$1,500,000

2516 Circle DR, Marble Falls TX 78654

MLS #244454409 · Sprout Realty · Jillian Letemendia

3 bd·2 ba·2,664 sqft

About Waterfront Homes in Marble Falls, TX

This page lists waterfront homes for sale in Marble Falls — every active listing whose MLS record is flagged waterfront, drawn from live MLS data and updated daily. "Waterfront" on HomeLocating covers three genuinely different kinds of property, and the differences matter more than the label. Lakefront homes on a reservoir like the Highland Lakes chain sit on a shoreline the managing authority holds to a normal operating level, which can drop several feet in a drought or after a flood-control release — so the shoreline you see in listing photos may not match what's there year-round. Riverfront homes sit on a natural, free-flowing waterway, where the water level moves with rainfall and the season rather than a managed pool. Coastal and bay property fronts open or tidal water and carries its own wind, flood, and elevation considerations that inland lake and river homes don't. Read each listing for the specific water body and frontage type rather than assuming from the "waterfront" flag alone, and note that waterfront homes at higher prices are also part of the luxury homes tier above.

Waterfront on Lake Marble Falls and Lake LBJ in Marble Falls

Marble Falls's waterfront homes front Lake Marble Falls and Lake LBJ. Marble Falls is the commercial hub of the Highland Lakes, a few minutes from both lakes. On a Highland Lakes-style reservoir, the shoreline is managed to a normal operating level that can drop in drought or after a flood-control release, so ask to see a property at both a typical and a lower lake level, and confirm whether any dock, boathouse, or retaining wall has its own permit from the managing authority. Right now Marble Falls's waterfront listings on HomeLocating range from about $295,000 to $2,300,000.

Buying Waterfront Property in Marble Falls

Waterfront property comes with a longer due-diligence list than a typical home, and it's worth working through before you make an offer. Start with the frontage itself: is it a maintained shoreline, a bluff, or a canal or cove, and is a dock, boat slip, or lake access deeded to the home or does it require a separate permit from the managing authority? Flood insurance is close behind — a waterfront home is far more likely to sit in a mapped flood zone, and on the coast that's often a separate wind-and-hail policy on top of flood coverage, so get an insurance quote before you're deep into the contract, not after. On a lake or reservoir, ask how the water level has varied over recent years and whether the property is still usable — for boating, swimming, a beach — at a lower level, not just when the lake is full. A survey matters more here than on a typical lot, since water frontage, easements, and any bulkhead or retaining wall are exactly the kind of boundary questions a survey settles. Have the inspection cover the dock, boathouse, seawall, and drainage specifically, since those structures age differently than the house itself and repairs on the water can cost more than the same repair on dry land. None of this is insurance or engineering advice — but it's the checklist that keeps a waterfront purchase from having surprises. A licensed REALTOR® can walk through recent waterfront sales in Marble Falls and what each one's frontage actually included.

Frequently Asked Questions

How does a home get listed as waterfront?

A home is shown when its MLS listing is flagged waterfront, meaning it has water frontage such as a lake, river, or canal. The flag comes from the listing itself.

Does waterfront include a private dock?

Not necessarily. Docks, boat slips, and shoreline rights vary by home and often require separate permission from the managing authority, so check the listing and confirm with your agent before assuming one comes with the property.

Is waterfront the same as lakefront?

Lakefront is one kind of waterfront. This page includes lakefront and other water frontage — river and coastal; see the Texas lakefront page for lakes and reservoirs only.

Why do lake levels change on a Highland Lakes-style reservoir?

Reservoirs are held to a normal operating level by the managing authority, and that level can drop in a drought or after water is released for flood control, then refill with rain. A home’s usable shoreline can look different at a lower level than in listing photos taken when the lake is full.

Do waterfront homes need flood insurance?

Often, yes — waterfront property is more likely to sit in a mapped flood zone, and a standard homeowners policy typically doesn’t cover flood damage. Ask for an insurance quote (including a separate wind-and-hail policy on the coast) early in the process, since it affects the real monthly cost.

How often is this list updated?

Daily, from live MLS data. A home leaves the list when it goes under contract, sells, or no longer matches.