311 Oleander Dr, Marble Falls, TX 78654
Local realty services provided by:ERA Experts
Listed by: kasey mercurio
Office: mcm land company llc.
MLS#:5525989
Source:ACTRIS
311 Oleander Dr,Marble Falls, TX 78654
$350,000
- 4 Beds
- 3 Baths
- 4,143 sq. ft.
- Single family
- Active
Price summary
- Price:$350,000
- Price per sq. ft.:$84.48
- Monthly HOA dues:$16.67
About this home
Discover one of Marble Falls' most extraordinary waterfront estates, offering approximately 200 ft of channel frontage. and a level of luxury rarely found on Lake LBJ. This listing offers 1/6 deeded ownership interest (Tenants in Common). List price reflects the purchase price of one fractional ownership share only, not the entire property. Cash purchase is required. Financing for fractional ownership is generally limited. Owners enjoy approximately 8 weeks of annual exclusive use through a professionally managed rotating reservation schedule, combining luxury ownership with a true lock-and-leave lifestyle.
Designed for exceptional entertaining, this 4,500 sq ft single story residence features an expansive open living room where walls of windows frame peaceful waterfront views. The gourmet kitchen is equipped with propane range, dual dishwashers, premium finishes, while the separate prep and baker's kitchen offers additional appliances, freezers, sinks, and abundant workspace for effortless hosting.
Outside, the estate transforms into a private waterfront resort. An oversized pool with cascading waterfall is surrounded by towering palms, lush professional landscaping, a sandy beach-style lounging area, 2 fire pits, and an expansive patio overlooking the water. A separate pool house provides additional accommodations with a bedroom, living area, kitchenette, and full bath. The detached two-car garage includes 3 additional storage rooms.
The 203 ft of waterfront is complemented by a covered hydraulic boat slip with an automated enclosure, two jet ski lifts, and a fully fenced lawn extending to the water's edge. Professionally managed ownership allows you to enjoy an exceptional luxury lakefront lifestyle without the responsibilities of full-time ownership. Contact listing agent for total property value, ownership details, reservation schedule, and fractional ownership documents....
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Home facts
- Year built:1970
- Subdivision & Development:Shady Acres
- Listing ID #:5525989
- Updated:November 11, 2026 at 05:16 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
- Roof:Shingle
- 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:$350,000
- Price per sq. ft.:$84.48
- Tax amount:$11,883 (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
- Amenities:Pantry, Storage
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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