TBD Mormon Mill Rd
About this property
This prime development tract offers exceptional visibility with frontage along US Hwy 281, Mormon Mill Rd, and Commerce Street in the heart of the Highland Lakes Region. Fully approved for townhome or condominium development, the site presents a rare opportunity for residential growth in a highly desirable area. All utilities are available through the City of Marble Falls, ensuring a streamlined development process. A portion of the property falls within the FEMA 100-year floodplain (see map for details). With its strategic location and full development approvals, this site is well-positioned for a successful residential project in one of the region’s most sought-after markets.
Property details
Location
About the Area
TBD Mormon Mill Rd is located in Marble Falls, Texas, in Burnet County. Burnet County sits in the heart of the Highland Lakes region, anchored by the city of Burnet, the Bluebonnet Capital of Texas, and Lake Buchanan, the largest of the Highland Lakes chain. The county blends working ranch land with lakefront recreation in a landscape that has drawn Texans for generations.
The Colorado River was dammed in the 1930s to create the Highland Lakes chain, and Lake Buchanan and Inks Lake both lie within Burnet County. The terrain transitions from the granite-topped Central Mineral Region in the west to limestone hills in the east, with the Colorado River canyon cutting through dramatic bluffs.
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.
Lake tourism, retirement communities, granite quarrying, ranching, and small-scale agriculture drive the Burnet County economy. The county is experiencing significant growth as Austin-area buyers seek lakefront properties and acreage within a 90-minute drive of the city.
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 McAllister & Associates.