LKV Realty
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$825,000
$4,400Reward *
501 Oleander Drive, Marble Falls, TX 78654Listing ID 614885

501 Oleander Drive, Marble Falls, TX 78654

Active
Shady Acres
Time on site: 82 daysLast updated: Jul 7, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,792
Acres
Acres
0.51
Days on Site
Days on Site
82
Cooling
Cooling
Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
1978
Stories
Stories
1
Garages
Garages
2
Parking
Parking
Detached, Garage, RV Garage

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.

Property Information

Property Details

Location

Address
501 Oleander Drive
County
Burnet
City
Marble Falls
Zip Code
78654
Subdivision
Shady Acres
School District
Marble Falls ISD
High School
Marble Falls High School
Elementary School
Highland Lakes Elementary

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
1,792
Year Built
1978
Stories
1
Construction
Brick Veneer, Frame, HardiPlank Type
Foundation
Slab
Roof
Composition, Shingle
Condition
Resale

Homeowner Association

HOA Fee
$75
HOA Fee Frequency
Annually
RE/MAX Marble Falls, (830) 798-1443

Market Report for 78654

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Central Texas MLS
Central Texas MLS logo

Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026 Central Texas MLS, All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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