# 501 Oleander Drive, Marble Falls, TX 78654

> **TL;DR:** 2bd/2ba single family, $825,000 ($460/sqft), built 1978, 1,792 sqft.
> Fireplace, Waterfront, View, A/C. Est. $4,488/mo. Listed 113 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $825,000 |
| Price/sqft | $460 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,792 |
| Year Built | 1978 |
| Lot Size | 22,216 sqft (0.51 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 113 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed
- **Views** - Lake

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,172 |
| Estimated Insurance | $241 |
| HOA | $75 |
| **Total** | **$4,488** |

## Nearby Schools

- **Elementary:** Highland Lakes Elementary
- **Middle:** Marble Falls Middle School
- **High:** Marble Falls High School

## Key Amenities

- Fireplace
- Waterfront
- View
- A/C
- RV Parking

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 501 Oleander Drive, Marble Falls, TX 78654
- **County:** Burnet
- **Neighborhood:** Shady Acres
- **Coordinates:** 30.608527, -98.391007
- **Google Maps:** https://www.google.com/maps?q=30.608527,-98.391007

## Listing Agent

- **Name:** Dana Yarter · **License:** 0453256
- **Brokerage:** RE/MAX of Marble Falls
- **Phone:** 5127551355
- **Broker Phone:** (830) 798-1443
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/501-Oleander-Dr_Marble-Falls_TX_78654_M86047-10711?f=listhub&s=SMABOR&m=614885&c=propsimple)

## Photos

![501 Oleander Drive - Photo 1](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3854355078r.jpg)

![501 Oleander Drive - Photo 2](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1745535176r.jpg)

![501 Oleander Drive - Photo 3](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4047876135r.jpg)

![501 Oleander Drive - Photo 4](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f2392228149r.jpg)

![501 Oleander Drive - Photo 5](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f2328676152r.jpg)

![501 Oleander Drive - Photo 6](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3473715413r.jpg)

![501 Oleander Drive - Photo 7](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4119972874r.jpg)

![501 Oleander Drive - Photo 8](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3615761090r.jpg)

![501 Oleander Drive - Photo 9](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3743531125r.jpg)

![501 Oleander Drive - Photo 10](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1136577515r.jpg)

![501 Oleander Drive - Photo 11](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1635058044r.jpg)

![501 Oleander Drive - Photo 12](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f355769940r.jpg)

![501 Oleander Drive - Photo 13](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f682820675r.jpg)

![501 Oleander Drive - Photo 14](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f890565983r.jpg)

![501 Oleander Drive - Photo 15](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f764685835r.jpg)

![501 Oleander Drive - Photo 16](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f481658919r.jpg)

![501 Oleander Drive - Photo 17](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1172299670r.jpg)

![501 Oleander Drive - Photo 18](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f2149233115r.jpg)

![501 Oleander Drive - Photo 19](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3807740506r.jpg)

![501 Oleander Drive - Photo 20](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3881513675r.jpg)

![501 Oleander Drive - Photo 21](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4276206848r.jpg)

![501 Oleander Drive - Photo 22](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1469058775r.jpg)

![501 Oleander Drive - Photo 23](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3403349504r.jpg)

![501 Oleander Drive - Photo 24](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1510383032r.jpg)

![501 Oleander Drive - Photo 25](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1398229849r.jpg)

![501 Oleander Drive - Photo 26](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4196023019r.jpg)

![501 Oleander Drive - Photo 27](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1868752421r.jpg)

![501 Oleander Drive - Photo 28](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f671792585r.jpg)

![501 Oleander Drive - Photo 29](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1830233609r.jpg)

![501 Oleander Drive - Photo 30](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3883652263r.jpg)

![501 Oleander Drive - Photo 31](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3689703020r.jpg)

![501 Oleander Drive - Photo 32](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1072675348r.jpg)

![501 Oleander Drive - Photo 33](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3231423050r.jpg)

![501 Oleander Drive - Photo 34](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f2263150246r.jpg)

![501 Oleander Drive - Photo 35](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4211689083r.jpg)

![501 Oleander Drive - Photo 36](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f603680536r.jpg)

![501 Oleander Drive - Photo 37](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f1320062779r.jpg)

![501 Oleander Drive - Photo 38](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4085585482r.jpg)

![501 Oleander Drive - Photo 39](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4276061546r.jpg)

![501 Oleander Drive - Photo 40](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f2369444530r.jpg)

![501 Oleander Drive - Photo 41](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4075790394r.jpg)

![501 Oleander Drive - Photo 42](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4024451091r.jpg)

![501 Oleander Drive - Photo 43](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f239452581r.jpg)

![501 Oleander Drive - Photo 44](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f2234540928r.jpg)

![501 Oleander Drive - Photo 45](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f3533914862r.jpg)

![501 Oleander Drive - Photo 46](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f949722819r.jpg)

![501 Oleander Drive - Photo 47](http://lh.rdcpix.com/698675b085cdb7fdd68bbf75ea13acf5l-f4005275259r.jpg)

---

**MLS#:** 614885 | **Updated:** 2026-09-13
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/501-oleander-drive-marble-falls-tx-78654-r614885)

---

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