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About This Home

This 2-bedroom, 2-bathroom single family at 501 Oleander Drive in Marble Falls, TX is listed for $899,000 ($502 per sqft). Built in 1978, the home offers 1,792 sqft of living space on a 0.51 acres lot.

Agent Description

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.

Key Features

  • Built in 1978
  • 0.51 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
1978

Amenities

FireplaceWaterfrontViewA/CRV Parking

Monthly Cost Estimate

$4,883/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262
HOA$75

Estimates only. Actual payments may vary.

Location

501 Oleander Drive

Marble Falls, TX 78654

Shady Acres

Features & Amenities

Interior Features

CeilingFansHighCeilingsRecessedLightingWalkInClosetsBreakfastBarKitchenFamilyRoomComboPantrySunRoom

Exterior Features

CoveredPatioPorchRainGuttersStorage

Property Details

Flooring

CarpetTile

Construction

BrickVeneer Frame HardiplankType

Views

Lake

Pool Features

PatioPorch

Parking

GarageRV

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

ElectricRangeElectricWaterHeaterMicrowaveRefrigeratorSomeElectricAppliancesRange

Questions & Answers

This 2-bedroom, 2-bathroom single family at 501 Oleander Drive is listed at $899,000 ($502/sqft). The estimated monthly payment is $3,971 based on 20% down at 6.5% interest.

HOA fees are $75/month.

Key features include: Built in 1978, 0.51 acre lot, Fireplace, Waterfront. Interior Features: CeilingFans, HighCeilings, RecessedLighting. Exterior Features: CoveredPatio, Porch, RainGutters.

This property is listed by Dana Yarter and can be reached at 5127551355 or dana@remax-mftx.com.

DY

Dana Yarter

Agent at RE/MAX Marble Falls

(512) 755-1355

Listed by RE/MAX Marble Falls · View on Broker Site

MLS# 614885· Source: listhub· Updated 6 days ago

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

501 Oleander Drive, Marble Falls, TX 78654

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