Water Views - Primary on Main
Address
501 Oleander Dr, Marble Falls, TX
Price
$ 825,000
Property Attributes
  • MLS#177996
  • TypeSingle Family
  • Listing Status Active
  • CountyBURNET
  • CityMarble Falls
  • NeighborhoodShady Acres
  • Zip78654
  • Style
  • Year Built1978
  • Price$ 825,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1792
  • Lot Size0.51 Acres
Data Source:
Highland Lakes MLS (HLAOR)
Property 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.

Price History
5/19/2026 Listed $899,000
7/7/2026 9$825,000

General Features

Sewer Septic Tank
Heating Central,Electric
Cooling Central Air
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Disposal,Microwave,Electric Range,Washer Hookup,Electric Water Heater
Construction Materials Wood Siding,Brick,HardiPlank Type
Year Built 1978
View Hill Country,Lake
Property Subtype Single Family Residence
Waterfront Features Channel
County Burnet
Property Type Residential
Association Amenities Park,Water
Energy Efficient Ceiling Fan(s)
Subdivision Name Shady Acres
Full Baths 2
Status Active
Directions Take FM 1431 West toward Kingsland,Left on CR 131,Right on Willow,Left on Oleander,House on your Left.
City Marble Falls
High School District Marble Falls
Lot Size Square Feet 22045
Standard Status Active

Interior Features

Interior Amenities Breakfast Bar,Pantry,Recessed Lighting,Walk-In Closet(s),No Steps to Entry
Flooring Carpet,Tile
Fireplace Features One
Total Stories 1
Total Bedrooms 2
LivingAreaSource County Records

Exterior Features

Exterior Amenities Rain Gutters,Open Concrete Areas,Sprinkler System
Fencing Chain Link,Partial
Water Source Public
Foundation Details Slab
Lot Dimensions 160x141x163x180
Lot Size Acres 0.51
Road Frontage Type Paved Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78654

Price
AVG $790K
$830K
Year Built
AVG 2001
1978
Visits
AVG 81
74
Data Provided by Inside Real Estate®

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