501 Oleander Drive, Marble Falls, TX 78654

Local realty services provided by:Better Homes and Gardens Real Estate Winans
501 Oleander Drive,Marble Falls, TX 78654
$899,000
  • 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:$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...

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Home facts

  • Year built:1978
  • Listing ID #:614885
  • Added:1 day(s) ago
  • Updated:May 27, 2026 at 02:24 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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