9738 E FM 1431, Marble Falls, TX 78654
FOR SALE
220 ACRES

9738 E FM 1431
Marble Falls, TX 78654

    $6,500,000

    Original price: $2,495,000
    Est. Mortgage $39,764/mo*
    Get Pre-Qualified

    $6,500,000

    Original price: $2,495,000
    Est. Mortgage $39,764/mo*
    Get Pre-Qualified
    (on 220 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    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.

    Home Highlights

    Parking
    Garage
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 9738 E FM 1431

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available
    Gas & Electric
    Has Electric on Property
    View
    No ViewView: None

    Exterior Features

    Exterior Home Features
    Fencing: Barbed WireVegetation: Heavily WoodedOther Structures: Garage(s), Guest House, Residence
    Parking & Garage
    Has a GarageParking: Garage
    Frontage
    Road Frontage: Highway, Private RoadRoad Surface Type: Dirt, GravelNot on Waterfront
    Water & Sewer
    Water Body: None
    Surface & Elevation
    Topography: Rolling, Sloping

    Days on Market

    Cumulative Days on Market: 338Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: ResaleParcel Number: 83133

    Price & Status

    Price
    List Price: $6,500,000
    Status Change & Dates
    Possession Timing: Closing & Funding, Closing

    Media

    Location

    Direction & Address
    City: Marble Falls
    School Information
    Elementary School District: Marble Falls ISDJr High / Middle School District: Marble Falls ISDHigh School District: Marble Falls ISD

    Agent Information

    Listing Agent
    Listing ID: 575211

    Community

    Community Features: None, Hunting

    HOA

    Association for this Listing: Williamson County Association of REALTORSNo HOA

    Lot Information

    Lot Area: 220 Acres

    Offer

    Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 575211Living Area Range Units: Square FeetAttribution Contact: 512-448-4111Above Grade Unfinished Area Units: Square FeetActivation Date: Wed Apr 02 2025Below Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48053-N-83133-R-N

    Additional Information

    NoneHuntingDays On Market Replication: 338
    Last check for updates: about 8 hours ago
    Listing courtesy of Joshua Smith, (512) 448-4111
    Keller Williams Realty - SW
    Originating MLS: Williamson County Association of REALTORS
    Source: Central Texas MLS, MLS#575211
    Also Listed on Central Texas MLS, Unlock MLS, Unlock MLS.

    Price History for 9738 E FM 1431

    DatePriceEventSource
    12/15/2025$6,500,000PriceChange
    Central Texas MLS #575211
    08/07/2025$2,495,000PriceChange
    Central Texas MLS #589098
    08/07/2025$3,795,000PriceChange
    Central Texas MLS #575194
    08/07/2025$1,795,000PriceChange
    Central Texas MLS #589095
    08/07/2025$2,495,000PriceChange
    Unlock MLS #1616281
    08/07/2025$1,795,000PriceChange
    Unlock MLS #7185420
    07/15/2025$5,995,000PriceChange
    Unlock MLS #3778233
    04/02/2025$6,495,000PriceChange
    Central Texas MLS #575211
    04/02/2025$3,995,000PriceChange
    Central Texas MLS #575194
    07/26/2024$6,495,000Listed For SaleUnlock MLS #3778233
    10/20/2013$500,000ListingRemovedAgent Provided
    10/12/2013$500,000Listed For SaleAgent Provided

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    Property Tax and Assessment

    Year2025
    Tax
    Assessment$229,000
    Home facts updated by county records

    Comparable Sales for 9738 E FM 1431

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    Lot 169 Sonora Drive, Bertram, TX
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    190 Suncrest Trail, Bertram, TX
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    Lot 68 Woodstock Cir, Spicewood, TX
    4.82
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    12/23/25
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    Tbd Indian Sky Ct, Bertram, TX
    5.11
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    12/26/25
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    2209 Whitewater Dr, Bertram, TX
    5.49
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    10/24/25
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    Ash Juniper Way, Bertram, TX
    5.69
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    07/18/25
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    116 Carol Cove, Spicewood, TX
    7.00
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    07/01/25
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    27419 Waterfall Hill Pkwy, Spicewood, TX
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    Assigned Schools

    These are the assigned schools for 9738 E FM 1431.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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

    • 72 % Say it's dog friendly

    • 71 % Say there's wildlife

    • 68 % Say there's holiday spirit

    • 62 % Say it's quiet

    • 60 % Say people would walk alone at night

    • 54 % Say kids play outside

    • 51 % Say they plan to stay for at least 5 years

    • 48 % 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

    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. "
      0
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    • 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. "
      1
      Flag
    • Mary C.
      "Very family oriented town. Good schools, a number of of choices for shopping and entertainment. Very friendly. "
      0
      Flag
    • Mary C.
      "No public transportation, somewhat walkable. Beautiful small town, good shopping. Good school district. "
      0
      Flag
    • 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."
      0
      Flag
    • 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."
      0
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    • Daychasea
      "Great Christmas celebrations down by the lake. You can see it crossing the bridge into town. It’s mesmerizing!"
      0
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    • Madeline
      "Walkway of lights Moonlight madness at Halloween Christmas Parade Fourth of July concerts and fireworks in Johnson Park"
      0
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    • 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. "
      0
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    • Victoria A.
      "Most jobs require a long commute to Austin or round rock if you’re looking for a professional position "
      0
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    • 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. "
      0
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    • Victoria A.
      "Marble Falls is a nice quiet community. It’s ideal for families and retirees that want a slower pace. "
      0
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    • 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 "
      0
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    • 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."
      0
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    • 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 "
      5
      Flag
    • elk3rd
      "Less than an hour from Austin, situated on Lake Travis deep water, this home is a rare gem."
      0
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    • 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. "
      0
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    LGBTQ Local Legal Protections

    Joshua Smith, Keller Williams Realty - SW
    Agent Phone: (512) 448-4111
    Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026 Central Texas MLS, All Rights Reserved.
    9738 E FM 1431, Marble Falls, TX 78654 is a lot/land. This property is currently available for sale and was listed by Central Texas MLS on Apr 2, 2025. The MLS # for this home is MLS# 575211.