Real Estate Investing in Marble Falls, Texas (78654)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Burnet County • Population: 19,946 • Data updated: September 2026

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Should you buy in 78654 (Marble Falls, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (29/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 22.5% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).

What’s happening in Marble Falls, TX (78654)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $403,726
Avg Monthly Rent $1,660
1% Rule ✗ Does Not Meet
Median Income $65,503
% Renters 29.4%

Market Analysis: 78654 Marble Falls

ZIP 78654 inside Burnet County looks affordable on the surface — median value of $404K — but the discount exists for reasons that a careful buyer should understand before committing.

Distressed markets are won on execution, not on spreadsheets. ZIP 78654 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

ZIP 78654's metrics run below Burnet County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Who lives in 78654 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Experienced landlords with local relationships tend to find 78654 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Marble Falls:

C Below Average
Buy Confidence Score: 55/100
Affordability
5/25
Appreciation
14/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.2× the median income
Value Trend
Declining (-2.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,660/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Austin-Round Rock-Georgetown, TX Metro Area
More inventory, negotiating room for buyers
89 days
Average time to sell
Slow
9.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Austin-Round Rock-Georgetown, TX metro data
🏠

Property Strategy for 78654

Which property type performs best in this market?

Best for Cash Flow
2BR
4.2% cap rate
Best for Appreciation
5BR
+8.3% 5yr CAGR
Best Overall Value
4BR
$123,908/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $299,256 $1,760 4.2% +5.3% $149,628
3BR $387,038 $2,240 4.2% +6.5% $129,013
4BR $495,630 $2,600 3.8% +6.3% $123,908
5BR $972,634 +8.3% $194,527

Market Trends

Home Value History (with trend line)

$499K$432K$364K$297K$230K$162KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,721$1,678$1,634$1,591$1,547$1,504Dec 2024Oct 2025Jul 2026

📊 How Does 78654 Compare?

Metric 78654 Marble Falls Austin-Round Rock-Georgetown, TX Texas
Home Value $403,726 $403,726 N/A $297,000
5-Year CAGR 1.4% 1.4% N/A 5.4%
Avg Rent $1,660 $1,660 N/A -
Cap Rate 3.2% 3.2% - -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 78654 (Marble Falls, TX). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
3.2%
Low
5yr Growth
+1.4%
Slow

📊 Market Snapshot

Home Value $403,726
Monthly Rent $1,660
Price-to-Rent 20.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.9%
Cap Rate 3.2%
5-Year IRR 4.6%

📈 Home Appreciation

1-Year -2.3% ▼
3-Year CAGR -3.5% ▼
5-Year CAGR +1.4% ▲
10-Year CAGR +5.3% ▲

🏠 Rent Trends

1-Year +8.6% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
22.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.4%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 78654

Population: 19,946

💰 Median Household Income
$65,503
This area
$65,503
State
$70,593
USA
$74,580
🏠 Renter Occupied
29.4%
This area
29.4%
State
29.5%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-25.4%
USA
3.7%
🎓 College Educated
34.8%
This area
34.8%
State
-5.8%
USA
33.7%
👤 Median Age
42.1 years
This area
42.1 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
22.5%
This area
22.5%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 81.1%
Other/Mixed 17.5%
Hispanic/Latino 15.0%
Black/African American 1.4%
👶 Under 18
22.7%
This area
22.7%
USA
22.0%
👴 65 and Over
23.5%
This area
23.5%
USA
17.3%
📊 Poverty Rate
6.4%
This area
6.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 78654

B+ Avg School Grade
6 Schools
12.5:1 Avg Class Size
$16,324 Avg Per Pupil

Schools in This ZIP Code

A Very Good

COLT EL

📚 Pre-K – 05 Elementary
👥
618 Students
👨‍🏫
14.0:1 Class Size
💰
$16,324 Per Student
A Very Good

HIGHLAND LAKES EL

📚 Pre-K – 05 Elementary
👥
564 Students
👨‍🏫
13.6:1 Class Size
💰
$16,324 Per Student
A Very Good

MARBLE FALLS EL

📚 Pre-K – 05 Elementary
👥
555 Students
👨‍🏫
14.6:1 Class Size
💰
$16,324 Per Student
B+ Above Average

MARBLE FALLS MIDDLE

📚 06 – 08 Middle
👥
890 Students
👨‍🏫
13.5:1 Class Size
💰
$16,324 Per Student
B+ Above Average

MARBLE FALLS H S

📚 09 – 12 High School
👥
1,128 Students
👨‍🏫
13.6:1 Class Size
💰
$16,324 Per Student
B Good

FALLS CAREER H S

📚 09 – 12 High School
👥
41 Students
👨‍🏫
5.6:1 Class Size
💰
$16,324 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

Is Marble Falls, TX a good market for buy-and-hold investors?

Our data puts Marble Falls, TX at 2.0/5 for investability. Home prices of $404K and rents around $1,660/mo create a solid backdrop for investor activity.

Is it easy to find good tenants in Marble Falls, TX?

Tenant demand in Marble Falls, TX is solid. The local workforce $1,660/mo rents across most rental classes.

Are rents high in Marble Falls, TX?

Marble Falls, TX rentals go for roughly $1,660/mo a month. That puts gross yield in solid territory relative to $404K acquisition costs.

Is vacancy a concern in Marble Falls, TX?

Rental vacancy in Marble Falls, TX is elevated. Investors should budget normal turnover but not chronic empty units.

Is housing expensive in Marble Falls, TX?

Marble Falls, TX median home values land near $404K. That is reasonable territory for investors looking at $1,660/mo-per-month rentals.

You know 78654 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 78654 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 78654 ranks in Austin-Round Rock-Georgetown, TX

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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