1200 Broadway Street Marble Falls, TX 78654

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Approximately 1.5 acres located at the corner of Avenue L and Broadway situated between the Texas Housing Foundation, Senior Center and the Little League baseball fields, one block from HWY 1431. The property is improved with a 1965 built home approximately 999 sq. ft. and a storage building approximately 648 sq. ft. No value was given to the improvements; however a tenant has been occupying the house and paying $950.00 a month for several years. A very small portion is located in the floodway and approximately 50% is in Zone X on the back half of the acreage next to the senior center. The lot is fairly level and only a minimum build up should be required to eliminate any floodplain problems. Currently zoned Downtown Residential but the property is adjacent to Neighborhood Commercial so a change in zoning, if needed, could be an option. Endless possibilities await this excellently located property.