Marble Falls ISD serves Marble Falls, Granite Shoals, Cottonwood Shores, Meadowlakes, Highland Haven, part of Horseshoe Bay and the Spicewood area in the Texas Hill Country, about 50 miles northwest of Austin. The district has 4 elementary schools, 1 middle school and 1 comprehensive high school. Homes for sale range from new construction off US 281 to lakefront homes on Lake Marble Falls, Lake LBJ and Lake Travis. Scroll Down to Read More About Marble Falls ISD Homes.
Quick Summary for Busy Buyers
- 353 single-family homes for sale in Marble Falls ISD on Unlock MLS as of October 4, 2026
- $439,000 median sale price over the past 12 months ($215/sq ft)
- Homes sold in a median of 95.5 days at 97% of list price
- About 9.6 months of inventory, which is a buyer’s market
- 4 elementary schools, 1 middle school and 1 high school, all feeding Marble Falls High School
- Known for: Lake Marble Falls, Lake LBJ and Lake Travis waterfront, Horseshoe Bay, and new construction in Thunder Rock and Gregg Ranch
On This Page
Marble Falls ISD Homes for Sale
Marble Falls ISD Schools Map
Use the interactive map below to see the Marble Falls ISD boundary and its schools. The shaded area is the district. Elementary schools are marked with blue pins, the middle school with a gold pin and the high school with a green pin. Click a pin for the school’s address and phone number.
Comparing districts? See all Austin area school districts on one map, including which cities are split between districts.
Marble Falls ISD Market Snapshot
These figures cover single-family homes in Marble Falls ISD reported to Unlock MLS as of October 4, 2026. Many Highland Lakes homes are listed only in the Highland Lakes MLS, so treat them as a sample of the market rather than a count of every home. The median list price of active homes ($698,500) is well above the median sale price of the past 12 months ($439,000), because lakefront, Horseshoe Bay and acreage listings make up a large share of what is for sale and take longer to sell. Active homes have been on the market for a median of 124 days. Another 16 homes are under contract with contingencies and 37 are pending, for 406 homes on the market or in escrow. At the recent pace of 440 sales a year, the 353 active listings equal about 9.6 months of inventory. Six months or more is generally considered a buyer’s market.
About Marble Falls ISD
Marble Falls ISD covers about 268 square miles along the Highland Lakes chain of the Colorado River. In Burnet County it serves the city of Marble Falls, Cottonwood Shores, Meadowlakes, Granite Shoals, Highland Haven, Smithwick and the Burnet County part of Horseshoe Bay. In Travis County it serves the Spicewood area. The Spicewood 78669 ZIP code is split with Lake Travis ISD, so confirm the district for any Spicewood address. The central office is at 1800 Colt Circle in Marble Falls. Dr. Jeff Gasaway has been superintendent since 2023. The Mustangs compete in UIL Class 4A Division I.
Enrollment has held at about 4,000 students for five years, with 4,054 in TEA’s 2025-26 listing. That is well below the high-growth forecast in the district’s 2022 demographic study. Of the 1,486 single-family homes reported sold to Unlock MLS in the district over the past four years, 997 were in ZIP 78654 (Marble Falls, Granite Shoals and Meadowlakes), 271 in 78669 (Spicewood), 165 in 78657 (Horseshoe Bay and Cottonwood Shores) and 30 in 78639 (Kingsland).
Marble Falls ISD earned a C (75) from the Texas Education Agency for 2025-26, the same as 2024-25. Colt Elementary (B, 85), Spicewood Elementary (B, 80) and Marble Falls High (B, 83) were the highest-rated zoned campuses. Marble Falls High had a 99.6% four-year graduation rate and a College, Career and Military Readiness score of 92. Highland Lakes Elementary was rated F (59) for the second time in three years.
What Homes Look Like in Marble Falls ISD
Marble Falls ISD has two very different housing markets. New production homes are concentrated in Thunder Rock and Gregg Ranch off US 281 south of Lake Marble Falls, built mostly by Lennar, D.R. Horton, Richmond American and Pulte. Of the 1,486 sales over the past four years, 632 (42.5%) were built in 2022 or later. The rest of the district is older lake towns, waterfront homes and acreage. 273 sales (18.4%) had an acre or more, and 224 (15.1%) sold for $1 million or more.
The median home sold over the past four years was built in 2018 and has 2,022 square feet on about a quarter acre. 842 of the 1,486 sales (56.7%) were marked as having an HOA. The median total property tax rate on recent sales was about 1.76%, lower than most Austin-area districts, but check the exact rate on any home you consider.
Prices vary by elementary zone. Homes tagged to Spicewood Elementary, which include Thunder Rock and Gregg Ranch, sold for a median of $357,995 in the past year. Homes tagged to Highland Lakes Elementary, which take in Granite Shoals and the Lake LBJ shore, sold for a median of $600,000 on 45 sales. Marble Falls Elementary (Meadowlakes and central Marble Falls) had a median of $444,000, and Colt Elementary (east Marble Falls, Cottonwood Shores and Horseshoe Bay sections) had a median of $510,000.
Growth & District News in Marble Falls ISD
The $172.2 Million 2025 Bond
Voters approved all four propositions of a $172.2 million bond on May 3, 2025, the largest in district history. The district said it would not raise the debt service tax rate. Proposition A ($131.4 million) covers maintenance, safety and security, campus improvements and a CTE expansion. Proposition B ($2.2 million) covers devices, Proposition C ($12.5 million) athletics, and Proposition D ($26.05 million) a multipurpose indoor facility, weight room and auxiliary gym at Marble Falls High. New roofs at Colt, Marble Falls Middle and Marble Falls High and a new traffic loop at Highland Lakes Elementary are finished. Elementary playgrounds and athletic projects are scheduled for 2026, and the high school band hall, gym, CTE space and performing arts remodel for 2027.
There is no Marble Falls ISD bond or tax election on the November 3, 2026 ballot. A November 2024 tax ratification election failed with 45.7% of the vote.
Attendance Zones
On August 22, 2022 the board moved Gregg Ranch, Thunder Rock and Legacy Crossing to Spicewood Elementary to relieve crowding at Colt Elementary, which was near 92% of capacity. The change was fully in place by 2024-25. We found no rezoning since then and none pending. Marble Falls ISD publishes its elementary zones as a single PDF map and has no online address lookup, so call (830) 693-4357 to confirm the school for a specific address. For 2026-27, Colt is closed to new out-of-district transfers.
Budget and Finances
The 2026-27 budget is a 14-month plan of about $98 million that projects a shortfall of about $13 million, covered from a fund balance of about $31 million. The estimated tax rate is $0.6595 for maintenance and operations and $0.2153 for debt service. The district also pays recapture to the state, $12.6 million in its most recent report.
Is Now a Good Time to Buy in Marble Falls ISD?
4-Year Market Perspective
Marble Falls ISD sales reported to Unlock MLS rose from 293 in FY22-23 to 440 in FY25-26, an increase of 50.2%, as new homes in Thunder Rock and Gregg Ranch began closing. The median sale price dipped from $451,000 to $381,705 in FY23-24, when those new homes made up a larger share of sales, then recovered to $439,000. Median price per square foot fell from $237.91 to $214.83, a drop of 9.7%.
Days on market rose from 55 to 95.5, and the median sale-to-list ratio slipped from 98% to 97%. For broader context on Austin-area prices, see Eleven Oaks Realty’s latest Austin Real Estate Price Report.
| Fiscal Year | Closings | Median Sale Price | Median $/SqFt | Median CP/LP% | Median Days on Market |
|---|---|---|---|---|---|
| FY22-23 | 293 | $451,000 | $237.91 | 98% | 55 |
| FY23-24 | 371 | $381,705 | $214.79 | 98% | 50 |
| FY24-25 | 382 | $415,000 | $220.63 | 97% | 88 |
| FY25-26 | 440 | $439,000 | $214.83 | 97% | 95.5 |
Fiscal years run September 1 through August 31. FY25-26 covers September 2025 through August 2026. Single-family closed sales in Marble Falls ISD reported to Unlock MLS. Homes listed only in the Highland Lakes MLS are not included.
How to Buy in Marble Falls ISD
- Get pre-approved, and budget for property taxes, any HOA dues and, for lake homes, flood insurance.
- Confirm the home is in Marble Falls ISD and confirm its elementary school with the district at (830) 693-4357. Spicewood addresses can be in Lake Travis ISD, and the Llano County part of Horseshoe Bay is not in Marble Falls ISD.
- For waterfront homes, check whether the lake is constant-level (Lake Marble Falls and Lake LBJ) or a changing-level lake (Lake Travis), and review dock permits and any shoreline rules.
- Make an offer based on recent comparable sales. With about 9.6 months of inventory, you can often negotiate on price, repairs or closing costs.
- Complete inspections, including septic and well on acreage, then the option period and closing with a local agent who knows the Highland Lakes market.
Talk to a Marble Falls ISD Specialist. Call or text (512) 827-8323 or request a call back below.
Schools in Marble Falls ISD
The following is a list of the schools in Marble Falls ISD along with each school’s address, phone number and Great Schools Rating. Marble Falls ISD has 4 elementary schools, 1 middle school and 1 high school. All four elementary schools feed Marble Falls Middle School, which feeds Marble Falls High School. Confirm a home’s elementary school with the district before you buy, since boundaries can change.
Marble Falls ISD Elementary Schools
Colt Elementary
2200 Manzano Mile
Marble Falls, TX 78654
Phone: (830) 693-3474
Great Schools Rating: 7/10
Highland Lakes Elementary
8200 FM 1431 W
Granite Shoals, TX 78654
Phone: (830) 798-3650
Great Schools Rating: 4/10
Marble Falls Elementary
901 Avenue U
Marble Falls, TX 78654
Phone: (830) 693-2385
Great Schools Rating: 4/10
Spicewood Elementary
1005 Spur 191
Spicewood, TX 78669
Phone: (830) 798-3675
Great Schools Rating: 7/10
Marble Falls ISD Middle School
Marble Falls Middle
1511 Pony Circle
Marble Falls, TX 78654
Phone: (830) 693-4439
Great Schools Rating: 4/10
Marble Falls ISD High School
Marble Falls High
2101 Mustang Drive
Marble Falls, TX 78654
Phone: (830) 693-4375
Great Schools Rating: 4/10
Other Marble Falls ISD Campuses and Programs
Falls Career High School is the district’s alternative high school, at 1800 Colt Circle. It lets students work while they finish school, enrolled 37 students in 2025-26 and earned an A (94) from TEA for 2025-26.
Early College High School is a program inside Marble Falls High School that began with its first freshman class in 2024-25. Students apply, and seats are filled by lottery.
TEA Accountability Ratings
These are the overall ratings and scores from the Texas Education Agency for the last two school years.
| Campus | 2024-25 | 2025-26 |
|---|---|---|
| Colt Elementary | B (84) | B (85) |
| Highland Lakes Elementary | D (69) | F (59) |
| Marble Falls Elementary | C (71) | D (68) |
| Spicewood Elementary | B (86) | B (80) |
| Marble Falls Middle | C (71) | C (71) |
| Marble Falls High | B (83) | B (83) |
| Falls Career High School | B (89) | A (94) |
| Marble Falls ISD (district) | C (75) | C (75) |
School ratings reflect GreatSchools ratings as of . Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Communities in Marble Falls ISD
Below are our neighborhood guides in Marble Falls ISD. All four are Spicewood lake communities zoned to Spicewood Elementary. Use the link to view the guide, search homes for sale and get more information. For the wider area, see our Spicewood guide.
These were the subdivisions with the most sales reported to Unlock MLS over the past four years, grouped by the elementary school they were tagged to in the MLS. Some areas, including Horseshoe Bay, appear under more than one school, so check each address.
- Spicewood Elementary: Thunder Rock, Gregg Ranch (including Seasons at Gregg Ranch), Barton Creek Lakeside, Spicewood Trails, Windermere Oaks, Lakeside Beach, Double Horn, Rees Landing Estates, Ridge Harbor and Lakecliff on Lake Travis
- Marble Falls Elementary: Meadowlakes, central Marble Falls, Pecan Valley, Lacy Lans, Northwood Acres and some Horseshoe Bay sections
- Colt Elementary: Driftwood, Yellowstone and Scarlet Oaks in Cottonwood Shores, Hi-Ridge Trails, Wildflower Village and Horseshoe Bay North and South sections
- Highland Lakes Elementary: Highland Haven, Granite Shoals sections including Castle Hills, Live Oak, Bel Air Sherwood Shores, Woodland Hills, Tanglewood, Greencastle and Mystic Castle
If you are looking at a subdivision we do not have a guide for yet, contact us and we can walk you through what is on the market.
Frequently Asked Questions About Marble Falls ISD
Marble Falls ISD has 4 elementary schools (Colt, Highland Lakes, Marble Falls and Spicewood), 1 middle school (Marble Falls Middle) and 1 comprehensive high school (Marble Falls High). Every elementary school feeds Marble Falls Middle, which feeds Marble Falls High. Falls Career High School is an alternative high school, and the Early College High School program runs inside Marble Falls High by application and lottery.
Marble Falls ISD earned a C (75) from the Texas Education Agency for 2025-26, the same score as 2024-25. Results vary by campus. Colt Elementary earned a B (85), Spicewood Elementary a B (80) and Marble Falls High a B (83), while Marble Falls Middle earned a C (71), Marble Falls Elementary a D (68) and Highland Lakes Elementary an F (59). Marble Falls High had a 99.6% graduation rate.
Single-family homes in Marble Falls ISD reported to Unlock MLS sold for a median of $439,000 from September 2025 through August 2026, or about $215 per square foot. Active listings had a median list price of $698,500 on October 4, 2026, because lakefront and Horseshoe Bay homes make up a large share of what is for sale. Many Highland Lakes homes are listed only in the Highland Lakes MLS, so these figures are a sample, not every sale.
Marble Falls ISD covers about 268 square miles. In Burnet County it serves Marble Falls, Cottonwood Shores, Meadowlakes, Granite Shoals, Highland Haven, Smithwick and the Burnet County part of Horseshoe Bay. In Travis County it serves the Spicewood area. The Spicewood 78669 ZIP code is split with Lake Travis ISD, so check the district for any Spicewood address.
Marble Falls ISD publishes its elementary attendance zones as a single PDF map on its Attendance Zones page and has no online address lookup. The middle and high school zone is the whole district. Call the district at (830) 693-4357 to confirm the elementary school for a specific address before you buy.
Yes. On August 22, 2022 the board moved Gregg Ranch, Thunder Rock and Legacy Crossing in south Marble Falls to Spicewood Elementary to relieve crowding at Colt Elementary. The change was fully in place by 2024-25. We found no rezoning since then and none pending as of October 2026.
No. We found no Marble Falls ISD bond or tax election on the November 3, 2026 ballot. Voters approved all four propositions of a $172.2 million bond on May 3, 2025, and those projects are under way. A November 2024 tax ratification election failed.
Many recent sales are. Of 1,486 single-family sales reported to Unlock MLS over the past four years, 632 (42.5%) were built in 2022 or later, mostly by Lennar and D.R. Horton in Thunder Rock and by builders in Gregg Ranch. The rest of the district is a mix of older lake homes, acreage and established neighborhoods such as Meadowlakes and Highland Haven.
Buyers have leverage right now. There were 353 active listings on October 4, 2026, which is about 9.6 months of inventory based on the past 12 months of sales reported to Unlock MLS. Homes sold in a median of 95.5 days at 97% of list price.
Raymond Stoklosa and Rebecca Jacks with Eleven Oaks Realty specialize in Marble Falls ISD homes. Call or text (512) 827-8323, email info@11OaksRealty.com, or fill out the form below to schedule a no-obligation consultation.
Marble Falls Realtor Specializing in Marble Falls ISD Homes


Raymond Stoklosa and Rebecca Jacks are Realtors specializing in Marble Falls ISD homes. Whether you’re looking to buy or sell a home in Marble Falls ISD, Raymond and Rebecca know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Marble Falls ISD and Selling a Home in Marble Falls ISD. Then call us at (512) 827-8323 or email us at info@11OaksRealty.com to schedule a no obligation consultation.
Contact a Marble Falls ISD Specialist
Have a question about a Marble Falls ISD home, school zone or subdivision? Fill out the form below and a Marble Falls ISD specialist will follow up, or call or text (512) 827-8323.








