Marble Falls ISD Real Estate

Marble Falls ISD is the school district for the heart of the Highland Lakes, about 48 miles northwest of downtown Austin where US 281 crosses the Colorado River. It covers 268 square miles and roughly 4,000 students across seven campuses, and it is a single-track district: four elementary zones, one middle school, one comprehensive high school, so the district line itself is most of the school question. That line takes in five incorporated cities, half of a sixth, and lake country on three lakes. Read more about Marble Falls ISD homes, campuses and boundaries below.

Homes for Sale in the Marble Falls School District

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
Price, High to Low
770 Properties Found.
Page 2 of 17

_ Gulch Valley Drive

$2,500,000

Spicewood, TX
3 Bed, 4 Bath, 2685 Sqft, 0.26 Acres
Residential
Compass Re Texas, Llc

Photo of Listing #7631976

402 South Shorewood Drive

$2,495,000

Granite Shoals, TX
4 Bed, 5 Bath, 4344 Sqft, 0.48 Acres
Residential
Kuper Sotheby's Int'l Realty

Lot G-1 Fm-2147

$2,450,000

Horseshoe Bay, TX
1.23 Acres
Land
Re/max Horseshoe Bay Resort Sa

Photo of Listing #4753505

310 Castlehigh Drive

$2,450,000

Granite Shoals, TX
2.19 Acres
Land
Re/max Fine Properties

Photo of Listing #1139679

310 Castlehigh Drive

$2,450,000

Granite Shoals, TX
3 Bed, 2 Bath, 2112 Sqft, 2.19 Acres
Residential
Re/max Fine Properties

24601 Singleton Bend East Road

$2,450,000

Marble Falls, TX
3 Bed, 4 Bath, 3124 Sqft, 46 Acres
Farm
Republic Ranches, Llc

199 Middleton Road

$2,390,000

Spicewood, TX
4 Bed, 3 Bath, 3363 Sqft, 35.98 Acres
Residential
Re/max River City

150 Shady Lane

$2,390,000

Marble Falls, TX
5 Bed, 7 Bath, 3687 Sqft, 20.48 Acres
Farm
Texas Ranch Brokers Llc

1039 Coventry Road

$2,375,000

Spicewood, TX
5 Bed, 4 Bath, 5388 Sqft, 0.6 Acres
Residential
Congress Realty, Inc.

4 Creek Hollow Way

$2,350,000

Spicewood, TX
5 Bed, 4 Bath, 4417 Sqft, 1.24 Acres
Residential
Christies Intl Real Estate Lone Star

24105 Fm 1431

$2,300,000

Marble Falls, TX
24.47 Acres
Farm
The Caldwell Company

24105 Fm 1431

$2,300,000

Marble Falls, TX
24.47 Acres
Land
The Caldwell Company

24105 Fm 1431

$2,300,000

Marble Falls, TX
2 Bed, 1 Bath, 800 Sqft, 24.47 Acres
Residential
The Caldwell Company

Photo of Listing #4352903

1295 Park Rd 4

$2,300,000

Burnet, TX
4 Bed, 5 Bath, 4595 Sqft, 14.19 Acres
Farm
Horseshoe Bay Resort Realty

0000 Mormon Mill Road

$2,250,000

Marble Falls, TX
34.69 Acres
Farm
Epique Realty Llc

Photo of Listing #8089518

4224 Singleton Road

$2,250,000

Marble Falls, TX
12.14 Acres
Farm
Sky Realty

Photo of Listing #3094448

513 Oleander Drive

$2,250,000

Granite Shoals, TX
4 Bed, 5 Bath, 2906 Sqft, 0.29 Acres
Residential
Re/max Horseshoe Bay Resort Sa

Photo of Listing #7164212

27009 Masters Parkway

$2,250,000

Spicewood, TX
4 Bed, 5 Bath, 4661 Sqft, 0.83 Acres
Residential
Compass Re Texas, Llc

Photo of Listing #4283530

401 Crestview Drive

$2,200,000

Marble Falls, TX
5 Bed, 8 Bath, 5184 Sqft, 1.67 Acres
Residential
Moreland Properties

Photo of Listing #1026235

1002 Pecan Circle

$2,195,000

Marble Falls, TX
4 Bed, 5 Bath, 3272 Sqft, 2.51 Acres
Residential
Mallach And Company

Photo of Listing #3503463

624 Waterside Drive

$2,175,000

Marble Falls, TX
4 Bed, 4 Bath, 3512 Sqft, 0.28 Acres
Residential
Dale Brown Properties, Llc

185 Landings Way

$2,150,000

Spicewood, TX
5 Bed, 6 Bath, 4328 Sqft, 1.01 Acres
Residential
Pure Realty

Photo of Listing #5067241

21 Beaver Island

$2,125,000

Granite Shoals, TX
3 Bed, 2 Bath, 2673 Sqft, 0.25 Acres
Residential
Kuper Sotheby's Int'l Realty

Tbd S Hwy 281 & Pk Rd 4

$2,000,000

Burnet, TX
10 Acres
Land
Mcm Land Company Llc

27206 Waterfall Hill Parkway

$1,999,999

Spicewood, TX
3 Bed, 5 Bath, 4129 Sqft, 0.71 Acres
Residential
The Elite Property Group

1223 Paleface Ranch Road

$1,950,000

Spicewood, TX
22 Acres
Land
Keller Williams Realty

202 Hidden Hills Cove

$1,849,000

Spicewood, TX
3 Bed, 4 Bath, 3859 Sqft, 0.5 Acres
Residential
The Elite Property Group

Photo of Listing #3111583

128 Carol Cove

$1,825,000

Spicewood, TX
5 Bed, 7 Bath, 4996 Sqft, 2.6 Acres
Residential
Austin Lakeside Properties

3200 Kahala Sunset Drive

$1,800,000

Spicewood, TX
1.08 Acres
Land
Story Real Estate Llc

30 Beaver Island

$1,775,000

Granite Shoals, TX
0.25 Acres
Land
Kuper Sotheby's Int'l Realty

25623 Singleton Drive

$1,750,000

Marble Falls, TX
4 Bed, 3 Bath, 2314 Sqft, 0.45 Acres
Residential
Kuper Sotheby's Int'l Realty

Lot 2a, Phs. 5, Sec. 1 Waterfall Hill Pkwy Parkway

$1,738,000

Spicewood, TX
4 Bed, 4 Bath, 3262 Sqft, 0.95 Acres
Residential
The Elite Property Group

25208 Chernosky Point Cove

$1,650,000

Spicewood, TX
0.64 Acres
Land
Story Real Estate Llc

401 Exeter Road

$1,650,000

Spicewood, TX
4 Bed, 3 Bath, 2500 Sqft, 30.02 Acres
Farm
All City Real Estate Ltd. Co

6401 Muleshoe Bend Trail

$1,650,000

Marble Falls, TX
3 Bed, 4 Bath, 3035 Sqft, 63.19 Acres
Farm
Hulsey Homes And Ranches

129 Jewel Lane

$1,650,000

Spicewood, TX
2 Bed, 3 Bath, 2050 Sqft, 6.26 Acres
Residential
Keller Williams Realty

Photo of Listing #3579557

313 Meadowlakes Drive

$1,629,000

Meadowlakes, TX
3 Bed, 6 Bath, 5059 Sqft, 0.66 Acres
Residential
Thelen & Associates Real Estat

Photo of Listing #1899458

26216 Countryside Drive

$1,600,000

Spicewood, TX
0.91 Acres
Land
Story Real Estate Llc

Photo of Listing #4781922

26212 Countryside Drive

$1,600,000

Spicewood, TX
0.92 Acres
Land
Story Real Estate Llc

Photo of Listing #6471254

718 County Road 136b

$1,600,000

Kingsland, TX
4 Bed, 5 Bath, 2396 Sqft, 0.15 Acres
Residential
The Carvajal Group

Photo of Listing #1476891

1002 Scenic Loop

$1,595,000

Kingsland, TX
3 Bed, 4 Bath, 4075 Sqft
Residential
Phyllis Browning Company

Photo of Listing #8385375

Tbd Singleton Road

$1,500,000

Marble Falls, TX
7 Acres
Land
Sky Realty

Photo of Listing #6154166

2516 Circle Drive

$1,500,000

Marble Falls, TX
3 Bed, 2 Bath, 2664 Sqft, 0.33 Acres
Residential
Sprout Realty

Photo of Listing #6498710

305 W Briar Drive

$1,495,000

Granite Shoals, TX
5 Bed, 4 Bath, 3545 Sqft, 1.2 Acres
Residential
Fokus Waterfront

1118 Rustic Lane

$1,495,000

Spicewood, TX
4 Bed, 2 Bath, 3007 Sqft, 3.11 Acres
Residential
Verde Builders Group

7908 Cr 404

$1,490,000

Spicewood, TX
11.78 Acres
Land
Ruzicka Real Estate

7908 Cr 404

$1,490,000

Spicewood, TX
11.78 Acres
Farm
Ruzicka Real Estate

Photo of Listing #2827370

600 Deep Cove Drive

$1,490,000

Granite Shoals, TX
4 Bed, 4 Bath, 2974 Sqft
Residential
Horseshoe Bay Living 2, Llc

About Marble Falls ISD

Where the District Is

The district is based on Colt Circle in Marble Falls and covers southern Burnet County from the lakes east: Marble Falls and Meadowlakes on Lake Marble Falls, Granite Shoals and Highland Haven on Lake LBJ, Cottonwood Shores and the south side of Horseshoe Bay between them, Fairland up US 281, and Smithwick and Spicewood out RR 1431 and SH 71 toward Lake Travis. Burnet CISD adjoins it to the north, Llano ISD to the west across the lakes, Johnson City ISD to the south and Lake Travis ISD to the southeast; the full regional picture is on our Austin area school districts page.

Two seams in that map catch buyers. Horseshoe Bay is split: the district's own community list includes Horseshoe Bay South, while the rest of the resort city is served by Llano ISD, so two addresses inside the same gates can belong to different districts. And Spicewood is split the other direction: 78669 mail covers property in both Marble Falls ISD and Lake Travis ISD, so a Spicewood address settles nothing by itself. The 78654 ZIP code is just as loose, covering Marble Falls, Granite Shoals and much of the lake country between them.

Schools in the District

Marble Falls ISD runs seven campuses: four elementary schools, one middle school, the comprehensive high school and an alternative campus. Campus pages and contacts are on the district's site.

  • Elementary, PreK-5: Colt and Marble Falls elementaries in Marble Falls, Highland Lakes Elementary in Granite Shoals, and Spicewood Elementary out east, the campus the district points to when it talks about growth
  • Middle, grades 6-8: Marble Falls Middle School, which every student in the district attends
  • High, grades 9-12: Marble Falls High School on Mustang Drive, competing in UIL Class 4A; Falls Career High School is the district's alternative campus

How the Feeder Pattern Works

There is one track. The four elementary zones are the only assignment that varies by address; every student then attends Marble Falls Middle School and Marble Falls High School, and the district draws no other lines. That gives this district the same structural offer as Wimberley's: an address inside the boundary means the same secondary campuses for the whole run, and nothing on the district's current calendar changes that, since the 2025 bond builds no new campus. The zone worth checking is the elementary one, and the line worth checking hardest is the district boundary itself, on the district's map rather than a listing.

Communities in Marble Falls ISD

  • Marble Falls — the district's headquarters city on Lake Marble Falls, with two of the four elementaries and both secondary campuses
  • Meadowlakes — the separately incorporated golf-course city on the west bank, inside the district
  • Granite Shoals and Highland Haven — the Lake LBJ cities to the west, served by Highland Lakes Elementary
  • Cottonwood Shores and Horseshoe Bay South — the lake communities toward the Colorado arm; the rest of Horseshoe Bay is Llano ISD, and the split runs through the resort
  • Spicewood and Smithwick — the eastern reach along SH 71 and RR 1431 toward Lake Travis, with Spicewood Elementary and the district's fastest-growing enrollment
  • Fairland and the ranch country — the rural north and the acreage between the lakes

Boundaries, Transfers and Change

Voters approved a $172.2 million bond in May 2025, the district's largest, with all four propositions passing. The package is repair and expansion rather than new campuses: the general facilities proposition, at $131.4 million, funds districtwide roof, mechanical and infrastructure work, expanded career and technical education space at the high school, buses and land for future school sites; a $2.2 million proposition replaces student and staff technology; $12.5 million goes to athletic facilities; and $26 million builds a 54,000-square-foot indoor multipurpose building serving high school and middle school athletics, band and PE, and elementary field days. The district presented the package as requiring no increase in its tax rate. The first work finished was a new traffic loop at Highland Lakes Elementary in Granite Shoals, and the high school's auditorium and career and technical education projects were the headline construction under way as the 2026-27 year opened.

What the bond does not do is add a campus, and that is worth reading correctly: the district has said its growth is arriving fastest at Spicewood, where it has pointed to the planned 3,500-home Thomas Ranch project as a driver, and the land money in the facilities proposition is the district positioning for campuses it has not yet named. When one comes, elementary lines will move with it. Transfers between campuses and into the district follow the district's own rules and windows; check the district's site for the current process rather than any summary, including this one.

For Buyers

Start with the boundary, because the postmarks here are the least reliable in this part of the Hill Country. A Horseshoe Bay address can be Marble Falls ISD or Llano ISD depending on which side of the resort it sits, a Spicewood address can be Marble Falls ISD or Lake Travis ISD, and the 78654 ZIP covers three cities and the country between them. County appraisal records and the district's map settle it; nothing else does. Inside the line, the elementary zone is the only address-level question.

Lake property runs on its own rules, and they belong in the option period. Waterfront on Lake Marble Falls and Lake LBJ involves the LCRA's rules for docks and the shoreline, lake levels are managed and occasionally drawn down, much of the district outside the cities is on wells and septic or a water supply corporation, and short-term-rental rules differ by city. Read the median loosely as well: in a market where waterfront closings and ranch acreage sit in the same data set as in-town bungalows, a quarter's median says very little about a specific house, and acreage should be compared on buildable, out-of-floodplain ground rather than gross acres.

Finally, verify your own address against the district's map, since the seams at Horseshoe Bay and Spicewood surprise people every year, and general descriptions go stale, including this one. If you would like one of our Marble Falls TX Realtors to confirm which district a specific property sits in and what the bond calendar means for it, reach out and we will set up a call.

By: Jim Olenbush
Area information last updated: August 2026

The 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 10th, 2026 at 12:16am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.