700 5th St
Marble Falls, TX, 78654 $ 399,000
Bedrooms-- Baths-- Sq 1,214 for $399,000. This 1,214 square foot property was built in 1950 on a lot size of 0.1928.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Available Electricity Connected Sewer Available Sewer Connected Water Available Water Connected
Zoning NC - Neighborhood Commer
Construction Materials Stone
Year Built 1950
View Neighborhood
Topography Level flat
Property Subtype See Remarks
Tax Year 2025
Current Use Residential Single Family Other See Remarks
County Burnet
Operating Expense 0
New Construction N
Property Type Commercial Sale
Subdivision Name Marble Falls City
Building Features See Remarks Appliances Kitchen Equipment Open Space Separate Shower Washer/Dryer Connections Yard Sprinkler(s)
Other Structures See Remarks
Status Active
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.
City Marble Falls
Disclosures See Remarks
MLS Area BU
Lot Size Square Feet 8398.37
Tax Annual Amount 5429.31
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Leasable Area 1214
Lease Type None
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 305000
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InteriorFlooring Wood
Total Bedrooms 0
Total Baths 0
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ExteriorParking Features Alley Access Carport Covered
Water Source Public
Total Parking 2
Number of Buildings 1
Building Area Total 1214
Lot Size Acres 0.1928
Waterfront Y/N N
Other Equipment Negotiable
Horse Y/N N
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* Excluded FeaturesList ByStacy HallmarkListing Agent
Hallmark Luxury Real EstateBroker
stacy@hallmarkluxuryre.comEmail
NearbyAbout Marble Falls, TX 6,846 Population
31% Since 2002
$ 47,287 Median Income
38.08 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/20/2025 | $399,000 | | Listed Price |