2121 CR 402 in Marble Falls, Texas is everything you have been dreaming of in a Texas Hill Country Retreat.  Best of both worlds with fantastic waterfront on the lower Colorado River connected to Lake Travis with boat dock built across 8.72 acres of prime Texas land with no restrictions.  This 4 bed, 3 bath single story home with 2698 sq ft was completely renovated in 2015 by well known design firm Ryan Street and Assoc. out of Austin, Texas known for their ultra-luxury homes that typically do not sell for under $5,000,000, many much higher than that.  4 beds, 3 baths with secondary living space used as a media room / playroom, incredible outdoor living spaces that overlook this breathtaking setting including basketball court.  The unrestricted nature of this incredible piece of real estate allows for endless possibilities and the close proximity to Austin, Marble Falls and San Antonio make the location ideal for a Hill Country escape.  This property is aggressively priced at $989,000 and when you step inside will immediately see the incredible value that awaits you.  Give me a call at (512) 786-1515 for more information on this valuable piece of Texas Hill Country Real Estate.

List of items remodeled by seller in 2015:

• Converted old living room space into bunk room and office
• Added Master bedroom and bath with custom windows and painted planking. Encaustic cement tiles in bathroom with custom cabinetry
• Added game room
• Reframed cased openings in kitchen and dining
• Replaced and added French doors on the back
• All new doors and windows except for girls room and living room windows
• Added painted planking in master and through hallway and dining room
• Repainted whole house. Re-stained beams in living room
• New carpet
• New flooring throughout house
• New countertops, cabinetry, hardware, lighting and floors in guest bath
• New countertops, re painted cabinets, new floor, hardware and lighting in hallway bath
• All new plumbing fixtures everywhere except for tub in guest bath
• Hardwired reading lights for every bunk bed
• New lighting and hardware throughout house
• Re-painted kitchen cabinets, new countertop, encaustic cement tile backsplash and new appliances (except microwave in kitchen. New farm sink and plumbing fixtures
• Savant lighting and AV system with speakers in dining, living, kitchen and master
• Security system
• New garage doors and operators
• Upgrades to boat dock
• New water filtration system and storage tank
• New lake pump
• Upgraded and added to septic system
• New exterior board and batten siding
• Painted brick
• New roof
• Added side porch off of guest room
• Lueders limestone flooring on front porch and walkway from driveway
• Installation of driveway/ basketball court
• Installation of steel bed and landscaping in front
• All new exterior lighting
• New countertops at outside grill area
• New landing at top of the boat dock stairs
• Added split rail fence
• Replaced motor in front automatic gate and new keypad
• New hot water heater

• Hire an Expert to represent you – Lake LBJ is different then markets like Houston or Austin and working with an area expert is invaluable in finding deals and opportunities but also in avoiding costly mistakes.  You want to be represented by an experienced real estate broker that knows the lake and understands the market and can offer you real guidance on a properties real value, resale potential, desirability on the lake and upside.

   

  • Manage your Expectations – Understanding what good properties cost is a very important part of making a good investment on the lake.  If your budget does not allow you to purchase a good property my recommendation is to hold off until you can afford something worth investing.  At the same time, if your original budget can be increased to get something better there is often times a lot to gain with a budget increase.

   

  • Buy the Best Water – The waterfront on Lake LBJ is the scarce resource and why you are interested in purchasing.  Always go for the best waterfront you can buy as an investment strategy and prioritize the house second.  If you buy good water you can always build, remodel or add on to get the house you want but a great house on bad water will not make you happy.

   

  • Don’t let asking price scare you – Every situation is different and no two seller’s motivations for selling are the same.  Just because something is listed above your budget don’t be afraid to make an offer.  While I can’t guarantee every offer will be accepted I have seen some crazy things happen on the lake.  If you like a property, make an offer at the price you are willing to pay and see if it sticks. You never know.

  If you or someone you know is in the market for Lake LBJ Real Estate, contact me today at (512) 786-1515 and let me share some of my favorite deals and opportunities on the lake.  I look forward to hearing from you!

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