311 Oleander Dr, Marble Falls, TX 78654
Local realty services provided by:ERA Brokers Consolidated
Listed by: kasey mercurio
Office: mcm land company llc.
MLS#:7902186
Source:ACTRIS
311 Oleander Dr,Marble Falls, TX 78654
$2,199,000
- 4 Beds
- 3 Baths
- 4,143 sq. ft.
- Single family
- Active
Price summary
- Price:$2,199,000
- Price per sq. ft.:$530.77
- Monthly HOA dues:$16.67
About this home
Offering a 1/6 deeded ownership interest (Tenants in Common) in this exceptional Lake LBJ waterfront residence. List price reflects the purchase price of one fractional ownership share only, approximately $350,000, and does not represent ownership of the entire property. Cash purchase required. Financing for fractional ownership is generally limited.
Enjoy approximately eight weeks of exclusive annual use through a professionally managed rotating reservation schedule. Ownership includes a deeded 1/6 undivided interest in this beautifully appointed waterfront home, designed for effortless enjoyment and low-maintenance ownership.
Located in the desirable Shady Acres community, this stunning single-story residence offers approximately 205 feet of protected channel frontage with quick access to open water. The thoughtfully designed floor plan features expansive open living spaces, a chef’s kitchen with a propane range, dual dishwashers, and a separate baker’s kitchen, making it ideal for entertaining. The spacious primary suite includes a fireplace, dual vanities, a clawfoot soaking tub, separate walk-in shower, oversized walk-in closet, and direct access to the resort-style pool. A detached guest casita with a living area, kitchenette, bedroom, and full bath provides additional privacy for family and guests.
Outdoor amenities include a resort-style pool with waterfall, multiple fire pit seating areas, covered patio, hydraulic boat slip with automated enclosure, two jet ski lifts, and beautifully landscaped grounds designed to maximize lake living.
Ownership is professionally supported by a concierge and property management team, providing a true lock-and-leave lifestyle. Contact listing agent for complete ownership details, operating expenses, reservation schedule, and fractional ownership information....
Contact an agent
Home facts
- Year built:1970
- Subdivision & Development:Shady Acres
- Listing ID #:7902186
- Updated:August 23, 2026 at 03:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Tile
- Kitchen Description:Built-In Gas Oven, Dishwasher, Disposal, Double Oven, Microwave, Propane Cooktop, Refrigerator
- Living area:4,143 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1970
- Building area:4,143 sq. ft.
- Lot area:0.6 Acres
- Lot Features:Back Yard, Few Trees, Front Yard, Level, Native Plants
- Construction Materials:Brick, Stone
- Exterior Features:Exterior Steps, Private Entrance, Private Yard
- Foundation Description:Slab
Schools
- High school:Marble Falls
- Elementary school:Marble Falls
Utilities
- Water:Public
- Sewer:Aerobic Septic, Septic Tank
Finances and disclosures
- Price:$2,199,000
- Price per sq. ft.:$530.77
- Tax amount:$363,199 (2025)
Features and amenities
- Appliances:Built-In Gas Oven, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Washer, Microwave, Propane Cooktop, Refrigerator
- Laundry features:ENERGY STAR Qualified Washer
Parking
- Total parking spaces:7
- Parking description:Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Private
- Garage:Yes
- Garage spaces:2
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