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, $300,000 - $400,000

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
88 Properties Found.
Page 1 of 2
Photo of Listing #8973684

513 Nomad Drive

$325,000

Spicewood, TX
1.16 Acres
Land
AustinRealEstate.com

Photo of Listing #6759552

855 Aspen Lane

$400,000

Cottonwood Shores, TX
4 Bed, 3 Bath, 2270 Sqft, 0.23 Acres
Residential
Realty Of America, Llc

Photo of Listing #7029774

1607 Clubhouse Hill Drive

$400,000

Spicewood, TX
2 Bed, 2 Bath, 1673 Sqft, 0.15 Acres
Residential
Keller Williams Realty

220 Rocky Road

$399,990

Marble Falls, TX
3.95 Acres
Land
Exp Realty, Llc

Photo of Listing #5790039

1117 Saddlebrook Canyon

$399,000

Spicewood, TX
1.6 Acres
Land
Waterloo Realty, Llc

Photo of Listing #1520963

2707 Sailboat Pass

$399,000

Spicewood, TX
1.46 Acres
Land
The Elite Property Group

28537 Paradise Manor Drive

$399,000

Marble Falls, TX
3 Bed, 2 Bath, 1472 Sqft, 1.28 Acres
Residential
Redfin Corporation

334 Coventry Road

$399,000

Spicewood, TX
4 Bed, 3 Bath, 1528 Sqft, 0.2 Acres
Residential
Keller Williams Realty

28525 Paradise Manor Drive

$399,000

Marble Falls, TX
3 Bed, 2 Bath, 1092 Sqft, 2 Acres
Residential
Redfin Corporation

801 Grassy Knoll B

$393,900

Horseshoe Bay, TX
3 Bed, 4 Bath, 1690 Sqft, 0.02 Acres
Residential
Walker & Assoc. Real Estate

Photo of Listing #2879493

25701 Cliff Circle

$393,500

Spicewood, TX
1.71 Acres
Land
Vince Realty

Photo of Listing #4814765

1302 Ponderosa Bend

$392,900

Horseshoe Bay, TX
3 Bed, 2 Bath, 1620 Sqft, 0.22 Acres
Residential
Maria A Lopez, Broker

Photo of Listing #5009296

26309 Countryside Drive

$390,000

Spicewood, TX
0.64 Acres
Land
Story Real Estate Llc

Photo of Listing #6625066

116 E Hickory Drive

$390,000

Granite Shoals, TX
3 Bed, 3 Bath, 1920 Sqft, 0.45 Acres
Residential
Keller Williams - Lake Travis

Photo of Listing #9301857

287 Meadowlakes Drive

$389,000

Meadowlakes, TX
3 Bed, 2 Bath, 2370 Sqft, 0.25 Acres
Residential
Regner Realty

Photo of Listing #9534490

1515 Valley High Lane

$385,000

Granite Shoals, TX
3 Bed, 3 Bath, 2197 Sqft, 0.22 Acres
Residential
Zina & Co. Real Estate

Photo of Listing #8184207

115 Firestone Place

$385,000

Meadowlakes, TX
2 Bed, 2 Bath, 1934 Sqft, 0.14 Acres
Residential
Stanberry Realtors

Photo of Listing #1724161

2208 Belaire Drive

$385,000

Granite Shoals, TX
3 Bed, 2 Bath, 1808 Sqft, 0.43 Acres
Residential
Crossings Real Estate, Llc

Photo of Listing #1574957

6925 White Hills Lane

$380,000

Marble Falls, TX
1 Bed, 1 Bath, 800 Sqft, 4.87 Acres
Residential
Jorgenson Real Estate

114 Norwood Drive

$379,000

Granite Shoals, TX
3 Bed, 3 Bath, 1808 Sqft, 0.23 Acres
Residential
Re/max Of Marble Falls

Photo of Listing #7782345

408 Spyglass Street

$379,000

Meadowlakes, TX
3 Bed, 2 Bath, 1832 Sqft, 0.16 Acres
Residential
Re/max Of Marble Falls

2711 Cliff Point Road

$378,500

Spicewood, TX
1.37 Acres
Land
Homesmart

Lot 5 Pedernales Point Drive

$375,000

Spicewood, TX
0.84 Acres
Land
Keller Williams - Lake Travis

127 Lake View Drive

$375,000

Spicewood, TX
1.74 Acres
Land
Texas Hills And Lakes Re

107 Taylor Drive

$375,000

Spicewood, TX
3 Bed, 2 Bath, 1844 Sqft, 0.34 Acres
Residential
Pure Realty

Photo of Listing #4107322

1403 Sunset Drive

$375,000

Marble Falls, TX
4 Bed, 3 Bath, 2696 Sqft, 0.28 Acres
Residential
Keller Williams Realty

189 Standing Rock Lane

$375,000

Marble Falls, TX
4 Bed, 3 Bath, 2525 Sqft, 0.11 Acres
Residential
Re/max Of Marble Falls

Photo of Listing #4576191

177 Sierra Drive

$374,900

Bertram, TX
9 Acres
Land
Lpt Realty, Llc

Photo of Listing #8756087

137 Hill Drive

$374,900

Granite Shoals, TX
2 Bed, 3 Bath, 1500 Sqft, 0.9 Acres
Residential
Exp Realty, Llc

1251 Stone Mountain Drive

$374,000

Marble Falls, TX
2.85 Acres
Land
Jpar Austin

Photo of Listing #1297487

4 Creek Hollow Way

$370,000

Spicewood, TX
1.24 Acres
Land
Christies Intl Real Estate Lone Star

1700 Gregg Drive

$369,000

Spicewood, TX
2.95 Acres
Land
Ruzicka Real Estate

Photo of Listing #8171217

139 E Cottonwood Drive

$369,000

Granite Shoals, TX
3 Bed, 3 Bath, 2306 Sqft, 0.69 Acres
Residential
Exp Realty, Llc

21 / 22 Blackbuck Court

$365,000

Marble Falls, TX
10 Acres
Land
Realty One Group Prosper

Photo of Listing #1648886

23709 Ne Circle Drive

$365,000

Marble Falls, TX
2 Bed, 2 Bath, 1440 Sqft, 0.74 Acres
Residential
Compass Re Texas, Llc

121 Plumbago Lane

$365,000

Marble Falls, TX
3 Bed, 2 Bath, 2100 Sqft, 0.17 Acres
Residential
Keller Williams Realty

604 Highcrest Drive 722

$365,000

Granite Shoals, TX
2 Bed, 2 Bath, 1230 Sqft, 0.11 Acres
Residential
Re/max Of Marble Falls

Photo of Listing #9525359

2304 Kellie Brooke Road 12

$360,000

Spicewood, TX
3 Bed, 3 Bath, 2565 Sqft, 0.1 Acres
Residential
Domum Realty Inc

212 Southwood Drive

$359,900

Granite Shoals, TX
3 Bed, 2 Bath, 1908 Sqft, 0.11 Acres
Residential
Crossings Real Estate, Llc

Photo of Listing #7344912

2417 Bruin Drive

$359,900

Spicewood, TX
5 Bed, 6 Bath, 4188 Sqft, 0.04 Acres
Residential
Spyglass Realty

Photo of Listing #6068388

230 Rosehill Drive

$359,000

Granite Shoals, TX
3 Bed, 3 Bath, 1638 Sqft, 0.23 Acres
Residential
Exp Realty, Llc

Lot 57 Big Creek Drive

$350,000

Kingsland, TX
7.66 Acres
Land
Lake Homes Realty, Llc

281 Chimney Cove Drive

$350,000

Marble Falls, TX
6.03 Acres
Land
Keller Williams Heritage

Photo of Listing #8266337

874 Pine Lane

$350,000

Cottonwood Shores, TX
3 Bed, 2 Bath, 1656 Sqft, 0.57 Acres
Residential
My Texas Home Broker

503 Chantilly Lane

$350,000

Spicewood, TX
3 Bed, 2 Bath, 1322 Sqft, 0.21 Acres
Residential
Classic Realty

Photo of Listing #7883310

25808 Case Lane 20

$350,000

Spicewood, TX
3 Bed, 4 Bath, 2569 Sqft, 0.1 Acres
Residential
Domum Realty Inc

28531 Paradise Manor Drive

$350,000

Marble Falls, TX
2 Bed, 2 Bath, 1000 Sqft, 1.78 Acres
Residential
Redfin Corporation

311 Oleander Drive

$350,000

Marble Falls, TX
4 Bed, 3 Bath, 4143 Sqft, 0.6 Acres
Residential
Mcm Land Company 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 6th, 2026 at 8:01pm 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.