ActiveMLS# 1349227
$3,800,000
22.96 Acres · Lot/Land · $165,505/acre
Lot 5 Colorado Canyon Dr
Marble Falls, TX 78654 (Travis County)

About this property

Experience the Ultimate Hill Country Waterfront Retreat Welcome to your private slice of paradise on Lake Travis—located in the exclusive, gated community of Dos Rios. This breathtaking 23-acre waterfront ranch offers 750 feet of shoreline, providing unmatched tranquility and endless possibilities for lakeside living. Perched directly across from Pace Bend Park, your views are completely unobstructed by neighboring homes or boat docks—just pure, serene nature as far as the eye can see. Whether you're planning to build a legacy estate, a luxury second home, or a private family compound, you'll find multiple premier build sites nestled under majestic oak canopies. 23 Acres in Gated Community. 750 Ft of Waterfront with Private Cove. Wildlife Exemption for Low Taxes. Multiple Build Sites with Scenic Views. Abundant Wildlife – Whitetail deer and native fauna. Unspoiled Views across from Pace Bend Park. Easily Accessible – Paved Roads just West of Lago Vista. Whether you envision morning coffee by the water, sunset strolls under ancient oaks, or simply a quiet place to recharge—this property delivers the ideal backdrop for your Hill Country dream. Come take a private tour and imagine the possibilities.

Property details

Property TypeLot/Land
Acreage22.96 acres
StatusActive
Days on Market363 days
ListedMay 30, 2025
CountyTravis
ZIP Code78654
Price per Acre$165,505/acre
SubdivisionDos Rios at Chimney Oaks
WaterfrontYes
ViewHill Country, Lake
MLS Number1349227
Listed ByKuper Sotheby's Int'l Realty

Location

Area & Lifestyle

About the Area

Lot 5 Colorado Canyon Dr is located in Marble Falls, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.

The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.

Marble Falls had an estimated population of 7,255 as of 2023. The 78654 zip code has a median household income of $72,669, a median home value of $315,200, and a median age of 43.1. The average household size is 2.51 people.

Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Kuper Sotheby's Int'l Realty.

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Barron Johnson
Broker Associate · Spyglass Realty