9738 E Fm 1431, Marble Falls, TX

$5,995,000

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3,273

Square feet

220.00

Acres

About 9738 E Fm 1431

Smithwick Hills Ranch is located in the heart of the highly sought after Highland Lakes area just 10 minutes to Marble Falls, 20 minutes to Horseshoe Bay, 55 minutes to Downtown Austin, and 1 hour to Fredericksburg. The ranch is an ideal opportunity to buy a piece of the Texas Hill Country centrally located in of one of the fastest growing Regions in the State of Texas, just minutes from wineries, restaurants, state parks, lakes, boating, and more. The ranch is extremely versatile and would make a great full time ranch, recreational property, 1031 investment hold, hunting ranch, or potential development, offering 1 mile of FM 1431 frontage. An agricultural exemption is in place on the property. The Smithwick 220-acre site comes with a significant head start for developers — a November 2025 engineering study is already complete, outlining water infrastructure capacity across three build scenarios. Depending on waterline size, the property can support approximately 300 LUEs with a 6-inch line, 500 LUEs with an 8-inch line, or up to 1,400 LUEs with a 12-inch line. All configurations include a transmission main spanning 9,500 linear feet, a treatment plant, storage tanks, and a booster station. Water service would be provided by Texas Water Utilities, drawing from an LCRA surface water source. The ranch boasts stunning natural features from hill tops, valleys, bottom land with seasonal creeks lined with pecan trees, hills glazed with endless amounts of wildflowers through spring and summer. There are several hill tops on the ranch that would all make great build sites, offering a Buyer many options that capture the views and perfect orientation of the sunset. WATER: Seasonal creek, 2 small ponds, 4 water wells (10 gpm, 2 gpm, 1.5 gpm, and 1 gpm). IMPROVEMENTS: Old 3 bedroom 2 bath ranch house on the hill top, with a separate 2 car garage that could be converted into another living space.

Features of 9738 E Fm 1431

MLS® # 3778233
Price $5,995,000
Bathrooms 0.00
Square Footage 3,273
Acres 220.00
Year Built 1900
Type Land / Farm
Sub-Type Ranch
Status Active
Has Pool No

Water Feature/View

View Hills,Panoramic,Pond,Pasture,TreesWoods,Water
Is Waterfront No

Community Information: Marble Falls

Address 9738 E Fm 1431
Area BU
Subdivision none
City Marble Falls
County Burnet
State TX
Zip Code 78654

Amenities of 9738 E Fm 1431

Utilities Water Available, Electricity Connected, See Remarks

Interior of 9738 E Fm 1431

Fireplace No

Exterior of 9738 E Fm 1431

Lot Description Many Trees, Native Plants, Rolling Slope, Sloped Down, Sloped Up, Trees Large Size, Trees Medium Size, Views

School Information

District Marble Falls ISD
Elementary Marble Falls
Middle Marble Falls
High Marble Falls

Additional Information On 9738 E Fm 1431

Days on Market 792
Foreclosure No
Short Sale No
RE / Bank Owned No
Gated Community No

Property History

Price Reduced from $6,500,000 to $5,995,000
Price Increased from $5,995,000 to $6,500,000
Price Reduced from $6,495,000 to $5,995,000

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Keller Williams Realty(512) 699-4684. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 26th, 2026 at 7:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Map to 9738 E Fm 1431, Marble Falls

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