# 501 12th Street, Marble Falls, TX 78654 > **TL;DR:** commercial, $5,150,000 ($232/sqft), built 1984, 22,217 sqft. > Hardwood, A/C. Est. $27,543/mo. Listed 22 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $5,150,000 | | Price/sqft | $232 | | Square Feet | 22,217 | | Year Built | 1984 | | Lot Size | 447,797 sqft (10.28 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 22 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $26,041 | | Estimated Insurance | $1,502 | | **Total** | **$27,543** | ## Key Amenities - Hardwood - A/C ## Property Highlights - Built in 1984 - 10.28 acre lot ## Description ### Agent Description Prime 10.28-acre infill development opportunity in the heart of Marble Falls. Priced below recent appraised value, this rare tract represents one of the largest remaining redevelopment sites within core of town. Zoned C1-PDD, the property allows a wide range of uses including multifamily housing, retail, restaurants, medical offices, daycare facilities, education facilities, religious assembly, recreation facilities, professional services, and mixed-use development. The PDD includes a previously approved concept plan for approximately 180 multifamily units, and zoning allows up to 24 units per acre, subject to city approvals. The property includes two buildings totaling approximately 22,217 SF. The main building offers 18,267 SF with a gymnasium, commercial kitchen, restrooms, and approximately 11 offices and was previously used as a private school campus. A second building contains approximately 3,950 SF. Existing improvements may allow interim occupancy, adaptive reuse, or phased redevelopment while planning a larger project. The site benefits from substantial infrastructure including over 40,000 SF of concrete slabs, 275+ parking spaces, and significant impervious cover. Located approx. 0.5 miles from the Highway 281 and FM 1431 intersection and minutes from H-E-B, Downtown Marble Falls, and Lake Marble Falls. City of Marble Falls utilities. Buyer to verify capacity. Owner financing available for qualified buyers. Recent appraisal available upon request. Owner is a Licensed Real Estate Agent ## Location - **Address:** 501 12th Street, Marble Falls, TX 78654 - **County:** Burnet - **Coordinates:** 30.578778, -98.266207 - **Google Maps:** https://www.google.com/maps?q=30.578778,-98.266207 ## Listing Agent - **Name:** Rose Brasuel - **Brokerage:** Coleman Team Realty LLC - **Broker Phone:** (830) 385-6184 - **Listing URL:** [View original listing](https://www.highlandlakesrealtors.com/179575) ## Photos ![501 12th Street - Photo 1](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f3570782400r.jpg) ![501 12th Street - Photo 2](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f1206320351r.jpg) ![501 12th Street - Photo 3](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f2228066310r.jpg) ![501 12th Street - Photo 4](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f146891264r.jpg) ![501 12th Street - Photo 5](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f1207475886r.jpg) ![501 12th Street - Photo 6](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f489581320r.jpg) ![501 12th Street - Photo 7](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f2503159375r.jpg) ![501 12th Street - Photo 8](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f2611583943r.jpg) ![501 12th Street - Photo 9](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f3400552815r.jpg) ![501 12th Street - Photo 10](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f2449929081r.jpg) ![501 12th Street - Photo 11](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f261626864r.jpg) ![501 12th Street - Photo 12](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f1029425800r.jpg) ![501 12th Street - Photo 13](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f1840402437r.jpg) ![501 12th Street - Photo 14](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f4101490546r.jpg) ![501 12th Street - Photo 15](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f4232869596r.jpg) ![501 12th Street - Photo 16](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f2072005047r.jpg) ![501 12th Street - Photo 17](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f3160410134r.jpg) ![501 12th Street - Photo 18](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f597170049r.jpg) ![501 12th Street - Photo 19](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f2545367675r.jpg) ![501 12th Street - Photo 20](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f1085120121r.jpg) ![501 12th Street - Photo 21](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f48288232r.jpg) ![501 12th Street - Photo 22](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f3382234613r.jpg) ![501 12th Street - Photo 23](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f2174091650r.jpg) ![501 12th Street - Photo 24](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f2574515282r.jpg) ![501 12th Street - Photo 25](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f1081991521r.jpg) ![501 12th Street - Photo 26](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f3355909283r.jpg) ![501 12th Street - Photo 27](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f3084239100r.jpg) ![501 12th Street - Photo 28](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f3519373403r.jpg) ![501 12th Street - Photo 29](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f1779856997r.jpg) ![501 12th Street - Photo 30](http://lh.rdcpix.com/58e7c32dcbe778b9f71561e7bc20ed13l-f1045265742r.jpg) --- **MLS#:** 179575 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/501-12th-street-marble-falls-tx-78654-73245e7ac62b48c8accb7a978bad4eeb) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/501-12th-street-marble-falls-tx-78654-73245e7ac62b48c8accb7a978bad4eeb#listing", "url": "https://staging.propertysimple.ai/listing/501-12th-street-marble-falls-tx-78654-73245e7ac62b48c8accb7a978bad4eeb", "name": "501 12th Street, Marble Falls, TX 78654", "description": "Prime 10.28-acre infill development opportunity in the heart of Marble Falls. Priced below recent appraised value, this rare tract represents one of the largest remaining redevelopment sites within core of town. Zoned C1-PDD, the property allows a wide range of uses including multifamily housing, retail, restaurants, medical offices, daycare facilities, education facilities, religious assembly, recreation facilities, professional services, and mixed-use development. The PDD includes a previously approved concept plan for approximately 180 multifamily units, and zoning allows up to 24 units per acre, subject to city approvals. The property includes two buildings totaling approximately 22,217 SF. The main building offers 18,267 SF with a gymnasium, commercial kitchen, restrooms, and approximately 11 offices and was previously used as a private school campus. A second building contains approximately 3,950 SF. Existing improvements may allow interim occupancy, adaptive reuse, or phased redevelopment while planning a larger project. The site benefits from substantial infrastructure including over 40,000 SF of concrete slabs, 275+ parking spaces, and significant impervious cover. Located approx. 0.5 miles from the Highway 281 and FM 1431 intersection and minutes from H-E-B, Downtown Marble Falls, and Lake Marble Falls. City of Marble Falls utilities. Buyer to verify capacity. Owner financing available for qualified buyers. Recent appraisal available upon request. 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