501 Oleander Drive
Marble Falls, TX 78654
2
Bed
2
Bath
1,792Sqft
0.51Acre(Lot)
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 pr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 6Roofing Information
Composition, ShingleFlooring Information
Carpet, Tile -
Interior Features
CeilingFans, HighCeilings, RecessedLighting, SeeRemarks, WalkInClosets, BreakfastBar, KitchenFamilyRoomCombo, Pantry, SunRoomRoof: Composition, ShingleAppliances: ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, SomeElectricAppliances, RangeLaundry Features: WasherHookup, LaundryInUtilityRoom, MainLevel, LaundryRoom -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric Water front: 1
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Building Information
Year Built: 1978Construction Materials: BrickVeneer, Frame, HardiplankTypeStories: 1Patio And Porch Features: Covered, Patio, PorchPool Features: NonePrivate Pool: NoWater front Features: BoatRampLiftAccess,DockAccess,WaterAccessView: LakeAssociation Fee Frequency: Annually -
Exterior Features
Exterior Features: CoveredPatio, Porch, RainGutters, Storage
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Lot Information
Lot Size Acres: 0.51Property Information
Subdivision: Shady Acres Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 48
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Listing Price Information
Listing Price: $825000Original Price: $899000Cash, Conventional, FHA, VaLoan
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Tax Information
Parcel Number: 38479 Tax Lot: 151 Tax Legal Desc: S7530 SHADY ACRES LOT 151 & 152, SEC 2 & FILL & SUBMERGED
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Virtual Tour
Parking Information
Detached, Garage, RvGarageGarage Information
Has Garage: Yes Garage Space: 2Homeowners Association Information
Has Association: YesHOA: $75.00Community Features: Park
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School Information
Elementary School: Highland Lakes Elementary Junior High School: Marble Falls Middle School Senior High School: Marble Falls High School -
Utility Information
ElectricityAvailable, Other, SeeRemarks -
Location Information
Direction: Take FM 1431 West toward Kingsland, Left on CR 131, Right on Willow, Left on Oleander, House on your Left. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 128 E Castlewood Drive, Marble Falls, TX, 78654 | $215,000 | 1 | 1 | 1,007 | 1,007 SqFt |
| 24105 Fm 1431, Marble Falls, TX, 78654 | $2,300,000 | 2 | 1 | 800 | 800 SqFt |
| 23614 Midway Drive, Marble Falls, TX, 78654 | $570,000 | 3 | 1 | 1,000 | 1,000 SqFt |
| 4846 Travis Oaks Drive, Marble Falls, TX, 78654 | $750,000 | 3 | 3 | 3,088 | 3,088 SqFt |
| 4834 Travis Oaks Drive, Marble Falls, TX, 78654 | $789,000 | 4 | 3 | 3,191 | 3,191 SqFt |
| 23521 Flat Creek Drive, Marble Falls, TX, 78654 | $1,280,000 | 4 | 4 | 3,644 | 3,644 SqFt |
| 23709 NE Circle Drive, Marble Falls, TX, 78654 | $390,000 | 2 | 2 | 1,440 | 1,440 SqFt |
| 4948 Travis Oaks Drive, Marble Falls, TX, 78654 | $529,900 | 3 | 3 | 2,696 | 2,696 SqFt |
| 24415 Singleton Bend Road, Marble Falls, TX, 78654 | $725,000 | 4 | 4 | 2,943 | 2,943 SqFt |
| 3309 Brasada Lane, Marble Falls, TX, 78654 | $999,900 | 3 | 2 | 2,270 | 2,270 SqFt |
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ByOwner last updated this listing 07/18/2026 @ 08:56
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