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.
©2025 Highland Lakes Association of REALTORS. All rights reserved.