Over 10 acres with panoramic views of Lake Marble Falls, downtown Marble Falls and rolling Texas hill country, plus a two-story 2,400 sqft 3 bed/3.5 bath custom home set amidst established landscaping, oaks and native trees, and rocky outcroppings. Two detached carports plus two large water storage tanks. Huge development opportunity with elevated lake views and close proximity to historic Marble Falls (approx 2 miles); The Horseshoe Bay Resort (approx 5.4 miles); Hilton's $18.5m 'The Ophelia Hotel & Conference Centre' under construction (approx 2.2 miles); The Shops at Flatrock Crossing which is a $130 million, 350,000-square-foot retail center expected to open in 2026 (approx 2.6 miles), and Baylor Scott & White Medical Center (approx 4.6 miles). The acreage, views and location make this a great opportunity if you are looking to build your dream home and you may consider using the existing home as an income producing rental property subject to permits. Lots of development possibilities. New survey.