Date
Details
Price
Change
Source
6/26/2026
Listed
$2,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Where lake life meets quiet opulence, Oleander is not just a home.... It's a private waterfront estate that rewrites the standard for Shady Acres. Set on an extraordinary 205 feet of channel frontage, this single-story retreat stretches out with intention and confidence. Inside, an expansive living room opens to walls of windows that frame the water like living art. It's the kind of space that doesn't just host people.... it gathers them. The kitchen is built for serious culinary firepower: a chef's propane range, dual dishwashers. Tucked behind it, a fully equipped baker's kitchen with additional appliances, storage, and prep space. The primary suite is its own sanctuary. Fireplace lit, doors open to the pool, and a bathroom with a clawfoot tub, walk-in shower, dual vanities, and seated make-up area. A closet complete with washer and dryer hook-ups. Step outside and the tone shifts from refined to resort. An oversized 12-foot-deep pool with a waterfall becomes the centerpiece, framed by swaying palms and a rare sandy lounge area. The pool house delivers the lifestyle with its own bedroom, living space, kitchenette, and full bath. A detached two-car garage. At the shoreline, a covered hydraulic boat slip with a fully automated enclosure and 2 jet ski lifts makes getting on the water effortlessly. This isn't a "nice home" in the neighborhood. This is the one everything else is compared to. More features, call today.
Full Property Details
Full Property Details for 311 Oleander Dr
General
- Price: $2,399,000
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 178508
- Updated: Today (6/26/2026)
- Added to Site: Today
Interior
- Rooms/Areas: Dining Room, Family Room, Kitchen, Laundry, Study/Office, Main Level Master Bdrm
- Interior Features: Breakfast Bar, Crown Molding, Granite Counters, Pantry, Recessed Lighting, Track Lighting, Walk-In Closet(s), No Steps to Entry, High Ceilings
- Fireplace: Yes
- Fireplace(s): One, One
- Appliances: Commercial Stove, Dishwasher, Double Oven, Dryer, Disposal, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup, Electric Water Heater, Cooktop
- Flooring: Hard Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Water
- Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Courtyard, Open Concrete Areas, Sprinkler System, Stonework, Water Feature Fountain
Parking
- Garage: Yes
- Garage Description: 2 Car Detached Garage, Front Entry
Location
- County: Burnet
- Subdivision: Shady Acres
- Driving Directions: In Marble Falls, Head North on Highway 281 Turn Left onto RM 1431 W/10th St Turn Left onto Post Oak Rd Turn Right onto Willow Rd Turn Left onto Oleander Dr You will arrive at 311 Oleander Dr on your left hand side
School Information
- High School District: Burnet
Community
- Assoc. Fees Include: Maintenance Structure
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Style: Spanish, Mediterranean
- Construction: Block, Wood Siding, Brick
- Foundation: Slab
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 4,183
- Sq. Ft. Source: Owner
- Living Area: 4,183 Sq. Ft.
- Year Built: 1970
Unit Information
- Residential Units: 1
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.8
- Lot Size (Sq. Ft.): 34,848
- Lot Dimensions: 231 x 1
- Frontage: Paved Road
- Fence: Yes
- Topography: Cleared Land
- Fencing (Description): Wood, Fenced
Water Features
- Water View: Yes
- Water Front Type: Channel
- Water Front View: Lake LBJ
- Boat Dock Slip: Yes
Green Features
- Energy Efficient: Ceiling Fan(s), Windows
Financial Considerations
- Price Per Sq. Ft.: $573.51
Disclosures and Reports
- Legal Description: S7530 Shady Acres Lot 143-A, Sec 2 & .04 Ac John Harvey
- Property ID: 128732
Listed by MCM Land Company LLC, Kasey Mercurio
We Value Your Privacy
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Listing agent
— 311 Oleander Dr —
Kasey Mercurio
MCM Land Company LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 311 Oleander Dr
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Highland Lakes Elementary School 8200 Ranch to Market 1431, Granite Shoals, TX 78654 | PK-5 | 1.2 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 7 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 8.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 311 Oleander Dr
Tax History
Tax History for 311 Oleander Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$36,004
-4%
$28,750,000
922%
2024
$37,511
6%
$2,813,173
4%
2023
$35,310
40%
$2,695,619
62%
2022
$25,287
-4%
$1,663,100
—
2021
$26,397
22%
$1,663,100
27%
2020
$21,645
—
$1,310,000
1%
2019
$21,592
-15%
$1,296,102
-12%
2018
$25,552
—
$1,478,165
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 311 Oleander Dr
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Listed by Nattlie Hoover Real Estate Group (512) 790-1033
311 Oleander Dr, Marble Falls, TX 78654 (MLS# 178508) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 311 Oleander Dr is currently listed for $2,399,000 and was received on June 26, 2026. Want to learn more about 311 Oleander Dr? Do you have questions about finding other Single Family real estate for sale in Marble Falls? You can browse all Marble Falls real estate or contact a Coldwell Banker agent to request more information.