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501 Oleander Dr

Marble Falls, TX 78654
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Just listedJust listed
2 Bedroom(s)
2 Full Bath(s)
1,792 Sqft
0.51 Lot Acres
Single Family

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Description

Rare opportunity on constant-level Lake LBJ with 163 feet of prime waterfront in the quiet and quaint Shady Acres subdivision, ideally situated between Granite Shoals and Kingsland. Nestled on a beautifully maintained .51-acre lot with lush grass and mature trees, this charming 2 bedroom, 2 bath waterfront home offers the perfect blend of comfort, convenience, and lakefront living. Inside, you''ll find wood plank tile flooring throughout the main living areas, carpet in the bedrooms, a cozy wood-burning fireplace, and an updated kitchen featuring quartz countertops. The spacious bathroom includes a walk-in tile shower for a modern touch. Step outside to enjoy the large covered patio overlooking the serene backyard and sparkling waters of Lake LBJ-perfect for relaxing or entertaining. The property is well-equipped for lake life with a 1-stall boat dock with electric lift, separate fishing dock, detached 2-car garage, and a workshop/storage building with attached RV carport. Conveniently located near Marble Falls shopping, dining, and entertainment, while also just minutes from Kingsland''s popular waterfront restaurants and attractions. Beautiful waterfront, mature landscaping, and an unbeatable location make this Lake LBJ property a must-see.

MLS#
HLARTX-177996
List Price
$899,000 ($502/Sqft.)
Listing Status
For Sale
Address
501 Oleander Dr
City
Marble Falls
State
TX
Zip Code
78654
County
Burnet County
Subdivision
Shady Acres
Legal Description
S7530 SHADY ACRES LOT 151 & 152, SEC 2 & FILL & SUBMERGED
Property Type
Single Family
Bedroom
2 Bedroom(s)
Bath
2 Full Bath(s)
Stories
1
Building Size
1,792 Sqft/Appraisal District
Year Built
1978 /Appraisal District
Lot Size
0.51 Lot Acres/Appraisal District
LP / Acre
$1,762,745 / Acre

Exterior

Roof
Composition
Exterior Type
Wood Siding, Brick, HardiPlank Type
Fencing
Chain Link
Sprinkle System
Yes
View Type
Lake
Dock
Yes
Exterior
Rain Gutters, Open Concrete Areas, Sprinkler System

Interior

Fireplace
Yes
Floors
Carpet, Tile
Cooling
Central Air
Heating
Central, Electric (Heating)
Appliances
Dishwasher, Disposal, Microwave, Electric Range, Washer Hookup, Electric Water Heater
Interior
Breakfast Bar, Pantry, Recessed Lighting, Walk-In Closet(s), No Steps to Entry

Rooms

Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Laundry Room

Lot Information

Lot Size
0.51 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

Highland Lakes Association of Realtors MLS®
Source last updated May 20, 2026 at 02:32 AM
Listing last updated May 20, 2026 at 09:19 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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