Market Overview for Zip Code 78654

There are 193 active listings in Zip Code 78654 with a median list price of $579K and a median sold price of $346K.

Homes average 136 days on market.

Over the past 30 days, 21 homes have sold, with 249 sales in the past 12 months.

The average price per square foot is $389.

About Zip Code 78654

Zip code 78654 covers Marble Falls, a city of approximately 8,000 people in Burnet County, located about 50 miles northwest of downtown Austin in the Texas Hill Country. Marble Falls sits along US-281 at the point where the Colorado River widens into Lake Marble Falls, one of the constant-level Highland Lakes. The city takes its name from the marble ledge waterfalls that were submerged when Max Starcke Dam was completed in 1951. The Hill Country terrain features granite and limestone outcrops, live oak and cedar stands, and the Colorado River chain of lakes extending upstream through Lake LBJ and Inks Lake.

Real estate in 78654 encompasses Hill Country homes, lakefront properties, and rural ranch tracts. Homes in established Marble Falls neighborhoods list from $275K for three-bedroom houses to $550K for updated properties with views. Waterfront homes on Lake Marble Falls and Lake LBJ range from $600K to well over $2 million depending on lot size, dock configuration, and water depth. New construction in subdivisions such as The Hollows, Lakeshore at Marble Falls, and Horseshoe Bay West ranges from $350K to $700K. Rural acreage tracts of 5 to 50 acres in the surrounding hills list from $400K to over $1 million. The area also includes vacation rental properties and second homes popular with Austin-area residents.

Students in 78654 attend Marble Falls ISD, which serves approximately 4,500 students across five campuses. Highland Lakes Elementary and Colt Elementary cover pre-K through 5th grade. Marble Falls Middle School serves 6th through 8th grade, and Marble Falls High School covers 9th through 12th. The district also operates an alternative campus. Marble Falls High School competes in UIL 4A athletics and has strong programs in golf, tennis, and cross-country suited to the Hill Country terrain. Private school options in the area include Faith Academy of Marble Falls and Hill Country Christian School in nearby Burnet.

Marble Falls is approximately 50 minutes from downtown Austin via US-281 and SH-71, or via RM 1431 through Cedar Park. Burnet is about 15 miles north on US-281, and Horseshoe Bay is immediately adjacent to the west. The nearest major hospital is Baylor Scott & White Medical Center in Marble Falls. The city serves as a commercial hub for the Highland Lakes region, with H-E-B Plus, Walmart, Home Depot, and numerous restaurants along US-281. Marble Falls Economic Development Corporation has attracted employers to the area, and the city's tourism economy is driven by lake recreation, Hill Country events, and proximity to wineries and parks.

Living in Zip Code 78654