311 Oleander Drive
Marble Falls, TX 78654
4
Bed
3
Bath
4,143Sqft
0.60Acre(Lot)
Discover one of Marble Falls' most extraordinary waterfront estates, offering approximately 200 ft of channel frontage. and a level of luxury rarely found on Lake LBJ. This listing offers 1/6 deeded ownership interest (Tenants in Common). List price reflects the purchase price of one fractional ownership share only, not the entire property. Cash purchase is required. Financing for fractional ownership is generally limited. Owners enjoy approximately 8 weeks of annual exclusive use through a professionally managed rotating reservation schedule, combining luxury ownership with a true lock-and-leave lifestyle. Designed for exceptional entertaining, this 4,500 sq ft single story residence features an expansive open living room where walls of windows frame peaceful waterfront views. The g
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 3 Full Baths: 2 Half Baths: 1Roofing Information
ShingleFlooring Information
Tile -
Interior Features
BeamedCeilings, BreakfastBar, BuiltInFeatures, OpenBeamsBeamedCeailings, CeilingFans, CrownMolding, DoubleVanity, EatInKitchen, GraniteCounters, HighCeilings, KitchenIsland, MainLevelPrimary, NoInteriorSteps, OpenFloorplan, Pantry, RecessedLighting, SoundSystem, Storage, SoakingTub, Study, TrackLightingRoof: ShingleAppliances: BuiltInGasOven, DoubleOven, Dishwasher, EnergyStarQualifiedDryer, EnergyStarQualifiedWasher, FreeStandingFreezer, Disposal, Microwave, PropaneCooktop, Refrigerator, WasherLaundry Features: MainLevel, LaundryRoom, SeeRemarks, WasherHookup, ElectricDryerHookup -
Heating & Cooling
Heating: Central Has Cooling: Yes Water front: 1
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Building Information
Year Built: 1970Construction Materials: Brick, Stone, SeeRemarksStories: 1Pool Features: InGround, OutdoorPool, WaterfallPrivate Pool: YesWater front Features: CanalFront,Waterfront,BoatRampLiftAccessView: Canal, Lake, Neighborhood, WaterAssociation Fee Frequency: Annually -
Exterior Features
Exterior Features: BoatLift, BoatSlip, Dock, ExteriorSteps, PrivateEntrance, PrivateYard
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Lot Information
Main Square Feet: 0.6 Lot Size Acres: 0.6 Lot Description: BackYard,FrontYard,SprinklersInRear,SprinklersInFront,Level,NativePlants,Private,SprinklersInGround,FewTrees,TreesMediumSize,WaterfallProperty Information
Subdivision: Shady Acres Source Property Type: Residential Property SubType: Other Direction Faces: East Levels: One Property Age: 56
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Listing Price Information
Listing Price: $350000Cash, SeeRemarks
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Tax Information
Parcel Number: 38471 Tax Lot: 142 Tax Year: 2025 Annual Tax: $363198.75 Tax Legal Desc: S7530 SHADY ACRES LOT 142 THRU 145, SEC 2 & .06 AC JOHN HARVEY
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Virtual Tour
Parking Information
Driveway, Detached, GarageFacesFront, Garage, GarageDoorOpener, KitchenLevel, Paved, PrivateGarage Information
Garage Space: 2Homeowners Association Information
Has Association: YesIncluded Fees: CommonAreaMaintenanceHOA: $200.00Community Features: SeeRemarks
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School Information
Elementary School: Marble Falls Junior High School: Marble Falls Senior High School: Marble Falls -
Utility Information
ElectricityConnected, Propane, UndergroundUtilities, WaterConnected -
Location Information
Direction: 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 WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 24105 Fm 1431, Marble Falls, TX, 78654 | $2,300,000 | 2 | 1 | 800 | 24.47 Acres |
| 23614 Midway Drive, Marble Falls, TX, 78654 | $570,000 | 3 | 1 | 1,000 | 1.01 Acre |
| 4846 Travis Oaks Drive, Marble Falls, TX, 78654 | $750,000 | 3 | 3 | 3,088 | 0.26 Acre |
| 4834 Travis Oaks Drive, Marble Falls, TX, 78654 | $789,000 | 4 | 3 | 3,191 | 0.45 Acre |
| 23521 Flat Creek Drive, Marble Falls, TX, 78654 | $1,280,000 | 4 | 4 | 3,644 | 1.95 Acres |
| 23709 NE Circle Drive, Marble Falls, TX, 78654 | $365,000 | 2 | 2 | 1,440 | 0.74 Acre |
| 24000 Bluebird Lane, Marble Falls, TX, 78654 | $525,000 | 2 | 1 | 1,230 | 0.33 Acre |
| 4948 Travis Oaks Drive, Marble Falls, TX, 78654 | $529,900 | 3 | 3 | 2,696 | 0.97 Acre |
| 24415 Singleton Bend Road, Marble Falls, TX, 78654 | $725,000 | 4 | 4 | 2,943 | 5.16 Acres |
| 4343 Brasada Lane, Marble Falls, TX, 78654 | $1,200,000 | 3 | 4 | 2,623 | 7.04 Acres |
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ByOwner last updated this listing 09/20/2026 @ 14:42
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