$2,499,000

311 Oleander Dr Marble Falls, TX 78654

Estimated payment $16,040/month

4 Beds
2.5 Baths
4,143 Sq Ft
$603 Price per Sq Ft

Highlights

  • Private Dock
  • Pool House
  • Lake View
  • Boat Lift
  • Waterfall on Lot
  • Home fronts a canal

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, and the kind of flow that keeps everything seamless when entertaining. Tucked behind it, a fully equipped baker's kitchen adds a second layer of function with additional appliances, storage, and prep space. The primary suite is its own sanctuary. Fireplace lit, doors open to the pool, and a bathroom that leans into luxury with a clawfoot tub, walk-in shower, dual vanities, and seated make-up area. Even the closet complete with washer and dryer hook-ups that keep life effortlessly contained. 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. Two firepits anchor the massive patio, from there, the property flows down to the water and is designed to be experienced, not just admired. The pool house delivers the lifestyle with its own bedroom, living space, kitchenette, and full bath. A detached two-car garage with three additional storage rooms handles everything behind the scenes. At the shoreline, a covered hydraulic boat slip with a fully automated enclosure and 2 jet ski lifts makes getting on the water effortlessly. Every inch of this 4183 sq ft estate has been curated with intention-from the fountain-lined front approach to the lush, high-end landscaping that wraps the entire property in color and texture. This isn't a "nice home" in the neighborhood. This is the one everything else is compared to.

Listing Agent

Kasey Mercurio

MCM Land Company LLC Brokerage Phone: (512) 705-2504 License #0776621 Listed on: 05/22/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts a canal
  • Private Entrance
  • Native Plants
  • Level Lot
  • Front and Back Yard Sprinklers
  • Wooded Lot
  • Few Trees
  • Back Yard Fenced and Front Yard

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Canal
  • Neighborhood

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 4,143 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring

Kitchen

  • Double Oven
  • Built-In Gas Oven
  • Propane Cooktop
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Freestanding Bathtub

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Pool

  • Pool House
  • In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Boat Lift
  • Private Dock
  • Patio
  • Waterfall on Lot
  • Rear Porch

Schools

  • Marble Falls Elementary And Middle School
  • Marble Falls High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Aerobic Septic System
  • Septic Tank

Community Details

  • Association fees include common area maintenance
  • Shady Acres Poa
  • Shady Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38471

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

2,614 Sq Ft Lot

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: See Remarks
  • Year Built: 1970
  • Additional Parcels: No
  • 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
  • Disclosures: See Remarks, Other Disclosures, Seller Disclosure, Seller Provided Survey Available
  • Fencing: Back Yard, Fenced, Full, Gate, Wood, Wrought Iron
  • Fireplaces: 1
  • Garage Spaces: 2
  • Levels: One
  • Living Area: 4143
  • Other Structures: Garage(s), Pool House
  • Special Listing Conditions: See Remarks
  • Attribution Contact: (512) 705-2504
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 24527.23
  • FEMA Flood Plain: See Remarks
  • Current Price Lot Size Squ: 956.15
  • Current Price By Living Ar: 603.19
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 956.15
  • List Price By Living Area: 603.19
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Special Features: None

Interior Features

  • View: Canal, Lake, Neighborhood, Water
  • Flooring: Tile
  • Appliances: Built-In Gas Oven, Dishwasher, Disposal, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Free-Standing Freezer, Microwave, Double Oven, Propane Cooktop, Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Laundry Location: See Remarks,Laundry Room,Main Level

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Boat Dock - Private, Boat Lift, Exterior Steps, Private Entrance, Private Yard
  • Foundation: Slab
  • Patio And Porch Features: Patio, Rear Porch, Side Porch
  • Pool Features: In Ground, Outdoor Pool, Waterfall
  • Private Pool: Yes
  • Water Body Name: Lake LBJ
  • Waterfront Features: Canal Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Paved, Private
  • Total Parking Spaces: 7

Utilities

  • Sewer: Aerobic Septic, Septic Tank
  • Utilities: Electricity Connected, Propane, Underground Utilities, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Annually
  • Association Fee: 200

Association/Amenities

  • Association Name: Shady Acres POA
  • Association: Yes
  • Community Features: See Remarks

Schools

  • Elementary School: Marble Falls
  • High School: Marble Falls
  • Middle/Junior School: Marble Falls
  • Junior High Dist: Marble Falls ISD

Lot Info

  • Lot Features: Back Yard, Few Trees, Front Yard, Level, Native Plants, Private, Sprinklers In Rear, Sprinklers In Front, Trees-Medium (20 Ft - 40 Ft), Waterfall
  • Parcel Number: 38471
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613.6
  • Subdivision Name: Shady Acres

Building Info

  • Construction Materials: See Remarks, Brick, Stone
  • New Construction: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 363198.75
  • Tax Filled Sqft Total: 4143

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2026 05/22/26 For Sale $2,499,000 -- $603 / Sq Ft
Source: Unlock MLS (Austin Board 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: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7902186

Unlock MLS (Austin Board of REALTORS®)

APN: 38471

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