Active

501 12th Street

Marble Falls TX, 78654

$3,750,000


Active

Commercial

Built in 1970

Prime Redevelopment Opportunity in Marble Falls, Texas. Discover 10.28 acres of prime real estate potential, centrally located just off FM 1431 and US 281 in the heart of Marble Falls, Texas! Zoned C-1 Planned Development District, this property is approved for 180 multifamily units, with the potential to expand. Its convenient accessibility to the center of town and visibility make it ideal for a variety of uses, including apartments, mixed-use, or commercial development. This property is ready to bring your vision to life. Whether you're an investor, developer, or end-user, this is a unique opportunity you don't want to miss! Permitted uses include but are not limited to: Commercial office space Trade schools Religious facilities General retail sales Restaurants Primary and secondary education Multifamily housing (apartments, townhouses, condos) Mixed-use developments Whether you develop the site or repurpose the existing 60,682 square feet of structures, the opportunities are endless. The current buildings, while in need of updates, present significant potential for revitalization as: Religious facilities Daycare centers Public or private schools Gymnasiums And more! Additional lots are available, offering expanded parking or further development potential. Owner financing is available for qualified buyers. Contact us today for more information.

171574

MLS ID

January 17, 2025

Listed

January 18, 2025

Updated

Map

501 12th Street
Marble Falls TX, 78654

Interior Features

Floor Description

Carpet, Hardwood/Parquet, Laminate Floating, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

10.28 Acres


Sewer

City Sewer, Septic Tank

Other Property Details

Garage

No


View

No


County

Burnet


Pool

No

 

Courtesy of Coleman Team Realty, LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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