501 Oleander Drive, Marble Falls, TX 78654

Marble Falls
Local realty services provided by:Better Homes and Gardens Real Estate Winans
501 Oleander Drive,Marble Falls, TX 78654
$825,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 1,792 sq. ft.
  • Single family
  • Active
Listed by: dana yarter
Office: re/max marble falls
MLS#:614885
Source:TX_FRAR

Price summary

  • Price:$825,000
  • Price per sq. ft.:$460.38
  • 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...

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Home facts

  • Year built:1978
  • Subdivision & Development:Shady Acres
  • Listing ID #:614885
  • Added:168 day(s) ago
  • Updated:November 11, 2026 at 03:45 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:$825,000
  • Price per sq. ft.:$460.38

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
Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the FHAAR IDX INFO SHARE PROGRAM. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Winans include the name of the listing agent. Copyright 2026 FHAAR IDX INFO SHARE PROGRAM. Last Updated November 11, 2026

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