$2,399,000

311 Oleander Dr Marble Falls, TX 78654

Estimated payment $15,281/month

Total Views 1,442
4 Beds
3.5 Baths
4,183 Sq Ft
$574 Price per Sq Ft

Highlights

  • 204 Feet of Waterfront
  • Waterfall on Lot
  • 0.8 Acre Lot
  • In Ground Pool
  • Lake View
  • Property fronts a channel

About This Home

Where lake life meets quiet opulence, Oleander is not just a home.... It's a private waterfront estate that rewrites the standard for Shady Acres. Set on an extraordinary 205 feet of channel frontage, this single-story retreat stretches out with intention and confidence. Inside, an expansive living room opens to walls of windows that frame the water like living art. It's the kind of space that doesn't just host people.... it gathers them. The kitchen is built for serious culinary firepower: a chef's propane range, dual dishwashers. Tucked behind it, a fully equipped baker's kitchen with additional appliances, storage, and prep space. The primary suite is its own sanctuary. Fireplace lit, doors open to the pool, and a bathroom with a clawfoot tub, walk-in shower, dual vanities, and seated make-up area. A closet complete with washer and dryer hook-ups. Step outside and the tone shifts from refined to resort. An oversized 12-foot-deep pool with a waterfall becomes the centerpiece, framed by swaying palms and a rare sandy lounge area. The pool house delivers the lifestyle with its own bedroom, living space, kitchenette, and full bath. A detached two-car garage. At the shoreline, a covered hydraulic boat slip with a fully automated enclosure and 2 jet ski lifts makes getting on the water effortlessly. This isn't a "nice home" in the neighborhood. This is the one everything else is compared to. More features, call today.

Listing Agent

Kasey Mercurio

MCM Land Company LLC License #0776621 Listed on: 06/26/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 34,848 Sq Ft Lot
  • Lot Dimensions are 231 x 1
  • Property fronts a channel
  • 204 Feet of Waterfront
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Cleared Lot

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 4,183 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Fireplace
  • Tile Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Freestanding Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Waterfall on Lot
  • Outdoor Water Feature

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Stepless Entry
  • Flood Zone Lot

Community Details

  • Property has a Home Owners Association
  • Association fees include maintenance structure
  • Shady Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 128732

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0.8 Acres

Listing Details

  • View: Lake
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Landscaped, Waterfall
  • ResoPoolFeatures: In Ground
  • Road Frontage Type: Paved Road
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Maintenance Structure
  • Co List Office Mls Id: HLM1355
  • Subdivision Name: Shady Acres
  • Directions: 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
  • Architectural Style: Spanish, Mediterranean
  • Reso Flooring: Hard Tile
  • Reso Interior Features: Breakfast Bar, Crown Molding, Granite Counters, Pantry, Recessed Lighting, Track Lighting, Walk-In Closet(s), No Steps to Entry, High Ceilings
  • Efficiency: Ceiling Fan(s), Windows
  • ResoWindowFeatures: Skylight(s)
  • Year Built: 1970
  • HLM_GarageCarport: 2 Car Detached Garage,Front Entry
  • HLM_LandType: Cleared Land
  • HLM_Room: Dining Room,Family Room,Kitchen,Laundry,Study/Office,Main Level Master Bdrm
  • HLM_SingleLevelLiving: Yes
  • HLM_FloodZone: Yes
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: Lake LBJ
  • HLM_NumberOfResidences: 1
  • HLM_GolfCourseLot: No
  • HLM_AgExempt: No
  • HLM_PropOwnFeeMand: Yes
  • HLM_PropOwnFeeFrequency: Annually
  • HLM_PropertyOwnersFee: 200
  • HLM_WaterfrontFootage: 204
  • HLM_WaterAmenities: 2 Stall Boat Dock w/ Elec,Electric Lift,Retaining Wall,Personal Watrcrft 2+Lifts
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Stove, Dishwasher, Double Oven, Dryer, Disposal, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup, Electric Water Heater, Cooktop
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: One
  • Stories: 1

Exterior Features

  • Exterior Features: Courtyard, Open Concrete Areas, Sprinkler System, Stonework, Water Feature Fountain
  • Roof: Composition
  • Fencing: Wood, Fenced
  • Acres: 0.8
  • Waterfront Features: Channel
  • Construction Type: Block, Wood Siding, Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Water
  • Association: No

Schools

  • Junior High Dist: Burnet

Lot Info

  • Lot Dimensions: 231 X 1
  • Lot Size Sq Ft: 34848
  • Parcel #: 128732

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2026 06/26/26 For Sale $2,399,000 -- $574 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed -- Austin Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $960,000 Credit Line Revolving
Source: Public Records

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM178508

Highland Lakes Association of REALTORS®

APN: 38471

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