Date
Details
Price
Change
Source
5/19/2026
Listed
$899,000
—
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
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.
Full Property Details
Full Property Details for 501 Oleander Dr
General
- Price: $899,000
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 177996
- Updated: Today (5/19/2026)
- Added to Site: Today
Interior
- Rooms/Areas: Kitchen, Laundry, Living Room, Utility Room Inside, Main Level Master Bdrm
- Interior Features: Breakfast Bar, Pantry, Recessed Lighting, Walk-In Closet(s), No Steps to Entry
- Fireplace: Yes
- Fireplace(s): One, One
- Appliances: Dishwasher, Disposal, Microwave, Electric Range, Washer Hookup, Electric Water Heater
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Park, Water
Exterior
- Exterior Features: Rain Gutters, Open Concrete Areas, Sprinkler System
Parking
- Garage: Yes
- Garage Description: 2 Car Detached Garage, Front Entry, RV Storage
Location
- County: Burnet
- Subdivision: Shady Acres
- Driving Directions: Take FM 1431 West toward Kingsland, Left on CR 131, Right on Willow, Left on Oleander, House on your Left.
School Information
- High School District: Marble Falls
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Construction: Wood Siding, Brick, HardiPlank Type
- Foundation: Slab
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,792
- Sq. Ft. Source: County Records
- Living Area: 1,792 Sq. Ft.
- Year Built: 1978
Unit Information
- Residential Units: 1
Lot Features
- Property View: Hill Country, Lake
- Lot Size (Acres): 0.51
- Lot Size (Sq. Ft.): 22,045
- Lot Dimensions: 160 x 141 x 163 x 180
- Frontage: Paved Road
- Fence: Yes
- Fencing (Description): Chain Link, Partial
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)
Financial Considerations
- Price Per Sq. Ft.: $501.67
Disclosures and Reports
- Legal Description: S7530 SHADY ACRES LOT 151 & 152, SEC 2 & FILL & SUBMERGED
- Property ID: 38479
Listed by RE/MAX of Marble Falls, Dana Yarter and RE/MAX of Marble Falls, Jordan Vann
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Listing agents
— 501 Oleander Dr —
Dana Yarter
RE/MAX of Marble Falls
Jordan Vann
RE/MAX of Marble Falls
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 501 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 | 6.9 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 8.5 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 501 Oleander Dr
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
Listed by Nattlie Hoover Real Estate Group (512) 790-1033
- Single Family
- Active
- Updated 8 hours ago
- 4Beds
- 3Total Baths
- Single Family
- Active
- Updated 11 hours ago
- 2Beds
- 1Total Bath
501 Oleander Dr, Marble Falls, TX 78654 (MLS# 177996) is a Single Family property with 2 bedrooms and 2 full bathrooms. 501 Oleander Dr is currently listed for $899,000 and was received on May 19, 2026. Want to learn more about 501 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.