3501 County Road 120, Marble Falls, TX 78654
Property image
Property image
FOR SALE
912 ACRES

$11,995,000

    3501 County Road 120, Marble Falls, TX 78654

    Est. Mortgage $79,611/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    912 acre lot

    Local Information

    • Map ViewExplore the area around 3501 County Road 120.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    What's unique:Abundant surface waterMultiple creeksPremier wildlife habitatWell established road systemWater and electric onsiteRolling hill country topography
    912+/- AC Marble Falls, Texas | Burnet County An outstanding 912+/-AC ranch just outside of Marble Falls offering a rare combination of rolling Hill Country topography, abundant surface water, great hardwoods and natural grasses, and premier wildlife habitat in one of the most desirable areas in Central Texas. With established infrastructure, multiple creeks, and dozens of ponds and tanks, this property presents an unmatched opportunity for recreation, ranching, or long-term investment. LAND: The ranch showcases beautiful rolling topography and draws with a highly usable layout. Diverse hardwoods and strong grasses provide excellent grazing potential and beauty. Massive rock outcroppings dot the ranch. WATER: Water is one of the defining features of this ranch, with two creeks and dozens of tanks and ponds scattered across the property, several of which are substantial in size. A main lake serves as a centerpiece. The ranch features over a mile and a half of both sides of Elm Creek and half a mile of both sides of Dry Creek. Roughly a dozen wet weather draws traverse the ranch feeding into each of these creeks. LOCATION: The ranch sits just 12 minutes to Marble Falls and roughly an hour to the greater Austin area. Its proximity to these cities places the property in an extremely sought-after area where large acreage ranches with this level of quality and accessibility are increasingly difficult to find. VEGETATION: Thousands of hardwoods cover the property along with healthy native grasses and more dense brush areas to provide a great mix of usability and incredible wildlife cover. WILDLIFE: The combination of open pasture, water, and cover supports an impressive variety of native game and bird species. Wildlife on the ranch includes whitetail deer, wild hogs, dove, ducks, turkey, and more. IMPROVEMENTS: With paved road frontage, water and electric onsite, and a well established road system, this property offers immediate usability.
    Last check for updates: about 9 hours ago
    Listing courtesy of Jordan Shipley, (325) 998-4548
    Shipley Ranches, (325) 998-4548
    Source: Unlock MLS, MLS#6002233
    Also Listed on Unlock MLS.

    Home Details for 3501 County Road 120

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected, Water Connected
    Gas & Electric
    Has Electric on Property
    View
    View: See Remarks

    Exterior Features

    Exterior Home Features
    Other Structures: See Remarks
    Frontage
    Waterfront: CreekNot on Waterfront
    Farm & Range
    Allowed to Raise Horses

    Days on Market

    Days on Market: 133

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New Construction
    Property Information
    Parcel Number: 3501 Cr 120, Marble Falls, TX, 78654

    Price & Status

    Price
    List Price: $11,995,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Marble FallsCommunity: N/A
    School Information
    Elementary School: Marble FallsElementary School District: Marble Falls ISDJr High / Middle School: Marble FallsJr High / Middle School District: Marble Falls ISDHigh School: Marble FallsHigh School District: Marble Falls ISD

    Agent Information

    Listing Agent
    Listing ID: 6002233

    Community

    Community Features: None

    Lot Information

    Lot Area: 912 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: See Remarks

    Miscellaneous

    Mls Number: 6002233Attribution Contact: (325) 998-4548

    Additional Information

    None

    Around this home

    What Locals Say about Marble Falls

    At least 72 Trulia users voted on each feature.
    • 89 % Say car is needed

    • 86 % Say parking is easy

    • 76 % Say yards are well-kept

    • 73 % Say it's dog friendly

    • 71 % Say there's wildlife

    • 68 % Say there's holiday spirit

    • 63 % Say it's quiet

    • 60 % Say people would walk alone at night

    • 54 % Say kids play outside

    • 52 % Say they plan to stay for at least 5 years

    • 49 % Say it's walkable to restaurants

    • 46 % Say neighbors are friendly

    • 42 % Say it's walkable to grocery stores

    • 35 % Say streets are well-lit

    • 34 % Say there are community events

    • 32 % Say there are sidewalks

    Sourced by Trulia users. Learn more about our methodology.
    • Unspecified
      "Lots of great parks and abundant homeschooling community. Day cares are highly in demand. The community goes all out to do activities for the youth in the area. "
    • Jaki Michalski
      "We have a very friendly set of neighbors who will actually learn your name and wave to say hello if they see you driving / walking by. "
    • Mary C.
      "Very family oriented town. Good schools, a number of of choices for shopping and entertainment. Very friendly. "
    • Mary C.
      "No public transportation, somewhat walkable. Beautiful small town, good shopping. Good school district. "
    • Gail S.
      "Market days is always alit of fun in Marble Falls. People are always very friendly. It is very small town and peaceful. Dogs and children alike are welcome."
    • Vicki S.
      "Marble falls has been a nice quiet place to call home. It’s a good place to raise children. The outdoor activities and lake are fabulous."
    • Daychasea
      "Great Christmas celebrations down by the lake. You can see it crossing the bridge into town. It’s mesmerizing!"
    • Madeline
      "Walkway of lights Moonlight madness at Halloween Christmas Parade Fourth of July concerts and fireworks in Johnson Park"
    • Vicki S.
      "Marble falls is a nice city with a small town feel. It’s a nice place to raise a family but there are not a lot of things to do. "
    • Victoria A.
      "Most jobs require a long commute to Austin or round rock if you’re looking for a professional position "
    • Lbsconcan
      "It’s safe, good schools, friendly, good police and fire depts Well kept multiple parks. Nice shopping areas. A great HEB We have drugs like most communities but the police Dept and narcotics task force are on top of it. "
    • Victoria A.
      "Marble Falls is a nice quiet community. It’s ideal for families and retirees that want a slower pace. "
    • Mindy12d2003
      "The area is beautiful . Potential for growth . Would be nice to have bike lanes. Enjoy the area . The community is friendly. Would be so nice to become a dog community "
    • Davidebell1979
      "There are way too many vehicles per household. The street is generally crowded. Also, several residents let their pets run loose, unattended from time to time. Other than that it’s a quiet neighborhood. The neighbors that I do know are all friendly. Being an affordable neighborhood for renters, we do see the occasional... unwanted neighbor now and then. Fortunately, they don’t last long. The home owners association acts quickly when a resident is deemed a nuisance. I enjoy living in this small town. If it weren’t from being so far away from my employer, I would consider making this town my permanent home."
    • Deweytrish
      "It feels like you’re in the country with small town living all within 5 mins from town. Love our morning walks in our neighborhood and seeing the deer run freely "
    • elk3rd
      "Less than an hour from Austin, situated on Lake Travis deep water, this home is a rare gem."
    • Texasjunkbox
      "Constant level Lake LBJ provides for lake activities with nice waterfront park and public pool facilities. Quaint historic downtown with local shops plus the big box stores too. Great restaurants for all tastes. "

    Market trends in Marble Falls

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    214
    7
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    2.77
    Lot/Land
    -
    10/17/25
    -
    -
    2.86
    Lot/Land
    -
    12/22/25
    -
    -
    3.10
    Lot/Land
    -
    02/27/26
    -
    -
    3.57
    Lot/Land
    -
    10/21/25
    -
    1,524
    3.58
    Lot/Land
    -
    03/06/26
    -
    43,516
    3.71
    Lot/Land
    -
    03/26/26
    -
    -
    3.82
    Lot/Land
    -
    03/13/26
    -
    -
    3.85
    Lot/Land
    -
    04/24/26
    -
    -
    3.88
    Lot/Land
    -
    01/05/26
    -
    -
    4.07
    Lot/Land
    -
    03/13/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.55
    $604,800
    4
    3.5
    2,952
    Off Market
    0.66
    $750,000
    3
    2
    2,145
    For Sale
    0.62
    $746,300
    4
    3.5
    3,514
    Off Market
    0.74
    $495,700
    2
    2
    1,700
    Off Market
    0.80
    -
    3
    2
    1,710
    Recently Sold
    0.82
    $519,400
    -
    -
    -
    For Sale
    0.81
    $245,000
    -
    -
    -
    For Sale
    0.83
    $197,000
    -
    -
    -
    For Sale
    0.88
    $505,700
    3
    2
    1,808
    Off Market
    0.96
    -
    3
    2
    1,727
    Recently Sold
    0.97
    $570,200
    4
    2.5
    2,103
    Off Market

    Price and Tax history

    DateEventPrice
    May 13, 2026
    Source: Unlock MLS #6002233
    Listed For Sale
    $11,995,000

    LGBTQ Local Legal Protections

    Jordan Shipley, Shipley Ranches, (325) 998-4548
    Agent Phone: (325) 998-4548
    Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-09-23 23:46:51 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
    Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. Click here for more information

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    Frequently asked questions about 3501 County Road 120

    • How big is 3501 County Road 120?
      3501 County Road 120 in Marble Falls, TX is about 912 acres.
    • What is the price per acre for 3501 County Road 120?
      3501 County Road 120 in Marble Falls, TX is listed at $11,995,000, or about $15K per acre.
    • What do residents say about Marble Falls?
      Residents describe Marble Falls, TX as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Marble Falls, TX.
    • What are the closest schools to 3501 County Road 120?
      The closest schools to 3501 County Road 120 in Marble Falls, TX are Highland Lakes Elementary School (Pre-K, rated 3/10), Marble Falls High School (rated 4/10), Marble Falls Middle School (rated 4/10).
    3501 County Road 120, Marble Falls, TX 78654 is a lot/land. This property is currently available for sale and was listed by Unlock MLS on May 13, 2026. The MLS # for this home is MLS# 6002233.