501 Oleander Drive, Marble Falls, TX 78654
Local realty services provided by:ERA Brokers Consolidated
Listed by: dana yarter
Office: re/max marble falls
MLS#:614885
Source:TX_FRAR
Price summary
- Price:$899,000
- Price per sq. ft.:$501.67
- Monthly HOA dues:$6.25
About this home
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....
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Home facts
- Year built:1978
- Listing ID #:614885
- Added:36 day(s) ago
- Updated:July 02, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Flooring:Carpet, Tile
- Dining Description:Breakfast Bar
- Kitchen Description:Electric Range, Kitchen/Family Room Combo, Microwave, Pantry, Range, Refrigerator, Some Electric Appliances
- Living area:1,792 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1978
- Building area:1,792 sq. ft.
- Lot area:0.51 Acres
- Construction Materials:Brick Veneer, Frame
- Exterior Features:Covered, Covered Patio, Patio, Porch, Rain Gutters
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Marble Falls High School
- Middle school:Marble Falls Middle School
- Elementary school:Highland Lakes Elementary
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$501.67
Features and amenities
- Appliances:Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Some Electric Appliances
- Laundry features:Laundry Room, Main Level, Washer Hookup
- Amenities:High Ceilings, Recessed Lighting, Walk-in Closets
Parking
- Parking description:2 Car Garage, Detached, Garage
- Garage:Yes
- Garage spaces:2
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