9738 E FM 1431, Marble Falls, TX 78654
none · Burnet County
Key Facts
Description
Smithwick Hills Ranch is located in the heart of the highly sought after Highland Lakes area just 10 minutes to Marble Falls, 20 minutes to Horseshoe Bay, 55 minutes to Downtown Austin, and 1 hour to Fredericksburg. The ranch is an ideal opportunity to buy a piece of the Texas Hill Country centrally located in of one of the fastest growing Regions in the State of Texas, just minutes from wineries, restaurants, state parks, lakes, boating, and more. The ranch is extremely versatile and would make a great full time ranch, recreational property, 1031 investment hold, hunting ranch, or potential development, offering 1 mile of FM 1431 frontage. An agricultural exemption is in place on the property. The Smithwick 220-acre site comes with a significant head start for developers — a November 2025 engineering study is already complete, outlining water infrastructure capacity across three build scenarios. Depending on waterline size, the property can support approximately 300 LUEs with a 6-inch line, 500 LUEs with an 8-inch line, or up to 1,400 LUEs with a 12-inch line. All configurations include a transmission main spanning 9,500 linear feet, a treatment plant, storage tanks, and a booster station. Water service would be provided by Texas Water Utilities, drawing from an LCRA surface water source. The ranch boasts stunning natural features from hill tops, valleys, bottom land with seasonal creeks lined with pecan trees, hills glazed with endless amounts of wildflowers through spring and summer. There are several hill tops on the ranch that would all make great build sites, offering a Buyer many options that capture the views and perfect orientation of the sunset. WATER: Seasonal creek, 2 small ponds, 4 water wells (10 gpm, 2 gpm, 1.5 gpm, and 1 gpm). IMPROVEMENTS: Old 3 bedroom 2 bath ranch house on the hill top, with a separate 2 car garage that could be converted into another living space.
Property Information
Property Type
Farm
Sub-Type
Ranch
Year Built
1900
Living Area
3,273 sq ft
Lot Size
220.00 acres
Days on Market
711
MLS® Listing#
3778233
Property Features
Fencing
Lot Features
Other Structures
Utilities
Schools
- Elementary:
- Marble Falls
- Middle:
- Marble Falls
- High:
- Marble Falls
Financial Details
HOA
None
Annual Taxes
$2,500
Tax year 2024
Assessed Value
$348,002
Parcel Number
47331
Directions
From Marble Falls take 1431 East, and go approximately 9.4 miles, and property will be on the left just passed the Smithwick Market.
Affordability Calculator
$1,199,000
Estimated monthly payment
$31,908/mo
Principal $4,796,000 · Est. interest $6,690,847 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Marble Falls, TX
- $413,793
- Median Listing Price
- 69
- Median Days on Market
- 1,900
- Median Sq Ft
- $210
- Median Price / Sq Ft
- 204
- Active Listings
- This home’s price is 1349% above the area median.
- Its price per sq ft is 772% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Marble Falls, TX.
Location
Points of Interest in Marble Falls, TX
Showing the Marble Falls area map.
Nearby Schools
Faith Academy of Marble Falls
School · 4.1 mi away
Colt Elementary School
Elementary · 5.4 mi away
Marble Falls High School
Secondary · 5.6 mi away
Spicewood Elementary School
Elementary · 5.9 mi away
First Baptist Christian School
School · 6.4 mi away
First Baptist Elementary School of Marble Falls
Elementary · 6.8 mi away
Tierra Vista Montessori School
Elementary · 6.8 mi away
Marble Falls Isd
School · 7.1 mi away
Marble Falls Middle School
Secondary · 7.1 mi away
St. Peter's Lutheran School
School · 7.3 mi away
Marble Falls Elementary School
Elementary · 7.6 mi away
Pre-K Corral
School · 11.4 mi away
Lago Vista Middle School
Secondary · 12.3 mi away
Lago Vista High School
Secondary · 12.3 mi away
Lago Vista Isd
Elementary · 12.4 mi away
Highland Lakes Head Start
School · 12.8 mi away
Lago Vista Elementary School
Elementary · 13.1 mi away
Lago Vista Academy
School · 13.1 mi away
Lago Vista H S
Secondary · 13.7 mi away
33rd & 424th Judicial District Intermediate Sanction Facility
School · 13.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1395 Mountain Creek Road, Marble Falls, TX | $4,500,000 | 3 | 2 | 1,152 |
| 1395 Mountain Creek Road, Marble Falls, TX | $4,500,000 | 3 | 2 | 1,152 |
| 1395 Mountain Creek RD, Marble Falls, TX | $4,500,000 | 3 | 2 | 1,152 |
| 4820 N Us Hwy 281, Marble Falls, TX | $5,500,000 | — | — | 1,852 |
| 8400 E Fm 1431, Marble Falls, TX | $5,750,000 | 4 | 4 | 3,335 |
| Lot 4 Colorado Canyon DR, Marble Falls, TX | $5,900,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Marble Falls
Listing Courtesy: Keller Williams Realty - (512) 699-4684
Last Updated: 2024-07-26