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

REDUCED

600 Deep Cove Drive

$1,490,000

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

__ Prominence Road

$1,450,000

Spicewood, TX
0.56 Acres
Land
Compass Re Texas, Llc

2401 Sailboat Pass

$1,439,000

Spicewood, TX
4 Bed, 5 Bath, 3798 Sqft, 0.93 Acres
Residential
Re/max Ascension

301 Circle Drive

$1,399,000

Horseshoe Bay, TX
4 Bed, 6 Bath, 5022 Sqft, 3.4 Acres
Residential
Realty Of America, Llc

REDUCED

5300 Lookout Ridge Drive

$1,395,000

Marble Falls, TX
3 Bed, 4 Bath, 2243 Sqft, 7.54 Acres
Residential
Coldwell Banker S.g. Billings

3609 Peninsular Drive

$1,380,000

Marble Falls, TX
5 Bed, 4 Bath, 3924 Sqft, 1.45 Acres
Residential
Exp Realty, Llc

REDUCED

348 Chimney Cove Drive

$1,375,000

Marble Falls, TX
5 Bed, 5 Bath, 3215 Sqft, 7 Acres
Residential
All City Real Estate Ltd. Co

REDUCED

108 High Plains Trail

$1,375,000

Spicewood, TX
4 Bed, 4 Bath, 4199 Sqft, 4.33 Acres
Residential
Lake Friends Realty, Inc.

REDUCED

91 Gateway N.

$1,350,000

Marble Falls, TX
3 Bed, 4 Bath, 3167 Sqft, 8.52 Acres
Residential
Zina & Co. Real Estate

REDUCED

2928 Cliff Overlook

$1,350,000

Spicewood, TX
1.33 Acres
Land
Story Real Estate Llc

25400 Cove Drive

$1,350,000

Spicewood, TX
5 Bed, 4 Bath, 2897 Sqft, 0.99 Acres
Residential
Engel & Volkers Austin

NEW

503 Shorewood Circle

$1,345,000

Granite Shoals, TX
3 Bed, 4 Bath, 2103 Sqft, 0.18 Acres
Residential
Re/max Horseshoe Bay Resort Sa

108 Quail Point

$1,325,000

Spicewood, TX
3 Bed, 4 Bath, 2813 Sqft, 0.46 Acres
Residential
Real Broker, Llc

REDUCED

1104 Hill Circle West Drive

$1,300,000

Granite Shoals, TX
3 Bed, 4 Bath, 2540 Sqft, 0.5 Acres
Residential
Carlene Bond, Broker

4909 Lookout Ridge Drive

$1,300,000

Marble Falls, TX
3 Bed, 2 Bath, 1628 Sqft, 8.68 Acres
Residential
Compass Re Texas, Llc

REDUCED

104 Caleb Court

$1,300,000

Spicewood, TX
4 Bed, 4 Bath, 3976 Sqft, 1 Acre
Residential
Keller Williams Realty

REDUCED

500 Lakeshore Drive

$1,295,000

Marble Falls, TX
5 Bed, 3 Bath, 2397 Sqft, 0.57 Acres
Residential
Carlene Bond, Broker

2604 Countryside Circle

$1,276,000

Spicewood, TX
3 Bed, 4 Bath, 2399 Sqft, 0.63 Acres
Residential
The Elite Property Group

_ Pleasant Knoll Drive Road

$1,260,000

Spicewood, TX
0.4 Acres
Land
Compass Re Texas, Llc

REDUCED

27017 Masters Parkway

$1,259,900

Spicewood, TX
4 Bed, 4 Bath, 4041 Sqft, 0.72 Acres
Residential
Coldwell Banker Realty

REDUCED

103 Palmie Lane

$1,250,000

Marble Falls, TX
3 Bed, 4 Bath, 2400 Sqft, 10.05 Acres
Residential
Keller Williams - Lake Travis

REDUCED

103 Palmie Lane

$1,250,000

Marble Falls, TX
10.05 Acres
Land
Keller Williams - Lake Travis

REDUCED

3032 Travis Lakeside Drive

$1,250,000

Spicewood, TX
1.5 Acres
Land
Teeple Partners, Inc.

103 Palmie Lane

$1,250,000

Marble Falls, TX
3 Bed, 4 Bath, 2400 Sqft, 10.05 Acres
Farm
Keller Williams - Lake Travis

300 County Road 407

$1,250,000

Spicewood, TX
3 Bed, 3 Bath, 2500 Sqft, 10.28 Acres
Residential
Jbgoodwin Realtors Lt

REDUCED

4810 And 4900 County Road 404

$1,250,000

Spicewood, TX
16.6 Acres
Land
Kuper Sotheby's Int'l Realty

REDUCED

1005 County Road 414

$1,250,000

Spicewood, TX
3 Bed, 2 Bath, 2185 Sqft, 8.56 Acres
Residential
Keller Williams Realty

1790 County Road 402

$1,250,000

Marble Falls, TX
52.83 Acres
Farm
Allen Cowden, Broker

REDUCED

303 Yaupon Drive

$1,249,000

Spicewood, TX
4 Bed, 6 Bath, 3727 Sqft, 5.8 Acres
Residential
Keller Williams - Lake Travis

REDUCED

1106 Impala Drive

$1,200,000

Granite Shoals, TX
0.01 Acres
Land
Epperson Realty Group Llc

3615 Peninsular Drive

$1,200,000

Marble Falls, TX
6 Bed, 6 Bath, 4192 Sqft, 0.4 Acres
Residential
Keller Williams Realty

101 Flint Rock Trail

$1,199,500

Spicewood, TX
3 Bed, 4 Bath, 3733 Sqft, 6.03 Acres
Residential
Keller Williams - Lake Travis

503 W Fm 2147 Highway

$1,199,000

Marble Falls, TX
1.87 Acres
Land
Horseshoe Bay Resort Realty

REDUCED

5900 W Fm 2147 106

$1,198,000

Horseshoe Bay, TX
4 Bed, 4 Bath, 2568 Sqft, 0.07 Acres
Residential
Horseshoe Bay One Realty

163 Landings Way

$1,188,000

Spicewood, TX
3 Bed, 4 Bath, 2399 Sqft, 1.25 Acres
Residential
Agents Realty Of Texas, Llc

REDUCED

1808 Ballinger Drive

$1,188,000

Spicewood, TX
3 Bed, 3 Bath, 2383 Sqft, 0.68 Acres
Residential
White House Global Properties

27435 Waterfall Hill Parkway

$1,180,000

Spicewood, TX
3 Bed, 3 Bath, 2926 Sqft, 0.65 Acres
Residential
Christies Intl Real Estate Lone Star

REDUCED

301 Hall Lane

$1,178,000

Spicewood, TX
4 Bed, 4 Bath, 4091 Sqft, 10 Acres
Residential
Agents Realty Of Texas, Llc

REDUCED

412 Oakpark Drive

$1,175,000

Spicewood, TX
4 Bed, 4 Bath, 3837 Sqft, 1 Acre
Residential
Compass Re Texas, Llc

REDUCED

Tbd Mormon Mill Road

$1,150,000

Marble Falls, TX
14.85 Acres
Land
Mcallister & Associates

REDUCED

23521 Flat Creek Drive

$1,150,000

Marble Falls, TX
4 Bed, 4 Bath, 3644 Sqft, 1.95 Acres
Residential
Coldwell Banker S.g. Billings

208 Norwood Drive

$1,150,000

Granite Shoals, TX
4 Bed, 4 Bath, 3200 Sqft, 0.46 Acres
Residential
Kuper Sotheby's Int'l Realty

REDUCED

104 Bluebird Lane

$1,150,000

Highland Haven, TX
3 Bed, 2 Bath, 1907 Sqft, 0.24 Acres
Residential
D Green & Associates

REDUCED

1506 Hill Top Drive A & E

$1,149,900

Granite Shoals, TX
3 Bed, 4 Bath, 2004 Sqft, 0.33 Acres
Residential
Listingspark

REDUCED

335 Turkey Tree Road

$1,139,900

Spicewood, TX
4 Bed, 4 Bath, 2771 Sqft, 3.56 Acres
Residential
Devora Realty

REDUCED

516 Bosque Trail

$1,125,000

Marble Falls, TX
3 Bed, 4 Bath, 3125 Sqft, 2 Acres
Residential
Kw-austin Portfolio Real Estate

1017 Coventry Road

$1,099,900

Spicewood, TX
3 Bed, 4 Bath, 3088 Sqft, 0.86 Acres
Residential
Lake Friends Realty, Inc.

REDUCED

440 Flying X Road

$1,095,000

Spicewood, TX
3 Bed, 3 Bath, 2300 Sqft, 10.04 Acres
Residential
Lujo Realty, Pllc

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