700 5TH STREET, MARBLE FALLS, TX 78654
Homes for sale in Marble Falls.
Homes for sale in 78654.
700 5th Street
Marble Falls, TX 78654
List Price$359,000
Listing #1615019
1,214
Square Feet
Commercial
Type
About This Property
Welcome to The Red Door Cottage, a fully renovated 1950 property ideally positioned in the heart of downtown Marble Falls, just one block from Main Street's restaurants, shops, and the iconic Blue Bonnet Cafe. Zoned Neighborhood Commercial, this property provides exceptional versatility - perfect for a professional office, boutique, wellness studio, or live/work space. Its prime corner location, ample parking, and pedestrian-friendly setting create endless opportunities for both business and residential use. Originally constructed in 1950 and completely remodeled in 2020, the building was taken down to the studs and rebuilt with modern systems and timeless design. Improvements include a new roof, HVAC, plumbing, electrical, and appliances, while the renovation preserved key elements of its character - refinished original hardwood floors, the signature red front door, and a custom restored pocket door. The inviting layout offers a flexible configuration suitable for office or residential use, featuring two private rooms, a full bath, and a light-filled common area accented by reclaimed wood paneling. The kitchen showcases a large marble island, abundant storage, and updated fixtures - ideal for a break area, client hospitality space, or residential convenience. Outdoors, the property offers both a covered front porch and rear porch, perfect for client entry or employee relaxation. The oversized, shaded corner lot includes a fenced backyard and space for potential expansion or additional parking. Formerly operated as a highly rated short-term rental known as "The Red Door Cottage," the property has a proven income history and strong curb appeal, making it a standout opportunity in one of Marble Falls' most desirable downtown locations. An adjacent lot is also available for sale, offering potential for future growth or additional development.
Property Features
Location Information
County
Burnet
Subdivision
Marble Falls City
County
Burnet
Directions
From State Hwy 71 W, drive to 5th St. Turn right onto 5th St. Destination will be on the right. From US-281 N, drive to 5th St. Turn right onto 5th St. Destination will be on the right.
Area
BU
Interior Features
Heating
Central, Electric
Laundry
Washer Hookup, Dryer Hookup
Floors
Wood
Exterior Features
Style
Stone
Parking Description
Alley Access, Covered, Carport
Is New Construction
No
Topography
Level
Construction/Exterior
Stone
Lot Size in Acres
0.193
Exterior
Sprinkler/Irrigation
Zoning
NC - Neighborhood Commerc
Possession
Closing & Funding, Close Of Escrow
Buildings
1
Water / Sewer
Public Sewer
Has Waterfront
No
Water
Public
View
Neighborhood
Additional Information
Other Utilities
Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
APN
28408
Property Type
COM
Status
Active
Property SubType
Other
Documents Available
See Remarks
Year Built
1950
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Mortgage Calculator
$1,675
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,293
Monthly Tax
$299
Monthly Insurance
$83
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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