Founders Day is an annual gathering to commemorate the founding of Marble Falls in 1887. The celebration on the second Saturday of July each year at Lakeside Park Pavilion includes food, fun, music, exhibits, activities for all ages, and demonstrations of skills from the past, “state of the city”, stories, and auction. Admission is free, but there is a charge for meal tickets.
Since 1998, The Falls on the Colorado Museum has hosted the event in July because on July 12, 1887, town lots went on sale in Marble Falls, and a telegram sent from Burnet to an Austin newspaper on July 18, 1887, reported “3,000 people on the grounds and increasing” and “$30,000 worth of lots bid off on Tuesday, ranging in price from $75 up to $750.00 in price.”
The Founding Fathers of Marble Falls were the owners of Texas Mining and Improvement Company, chartered in Burnet County on July 6, 1887: