311 Oleander DR Marble Falls, TX 78654

Price Dropped by $100K
$2,199,000
311 Oleander DR Marble Falls, TX 78654
Save Share
Schedule a Tour
311 Oleander DR, Marble Falls, TX 78654
311 Oleander DR, Marble Falls, TX 78654
311 Oleander DR, Marble Falls, TX 78654
See all 40 photos
40 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Spencer Wheelwright

Spencer Wheelwright

[email protected] +1(512) 944-8553
$2,199,000
Est. payment /mo
4 Beds
2.5 Baths
4,143 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 4,143 sqft

Price per Sqft $530

Subdivision Shady Acres

MLS Listing ID 7902186

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Fees $200/ann

HOA Y/N Yes

Year Built 1970

Annual Tax Amount $363,198

Tax Year 2025

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type See Remarks

Source actris

Property Description

Offering a 1/6 deeded ownership interest (Tenants in Common) in this exceptional Lake LBJ waterfront residence. List price reflects the purchase price of one fractional ownership share only, approximately $350,000, and does not represent ownership of the entire property. Cash purchase required. Financing for fractional ownership is generally limited.

Enjoy approximately eight weeks of exclusive annual use through a professionally managed rotating reservation schedule. Ownership includes a deeded 1/6 undivided interest in this beautifully appointed waterfront home, designed for effortless enjoyment and low-maintenance ownership.

Located in the desirable Shady Acres community, this stunning single-story residence offers approximately 205 feet of protected channel frontage with quick access to open water. The thoughtfully designed floor plan features expansive open living spaces, a chef's kitchen with a propane range, dual dishwashers, and a separate baker's kitchen, making it ideal for entertaining. The spacious primary suite includes a fireplace, dual vanities, a clawfoot soaking tub, separate walk-in shower, oversized walk-in closet, and direct access to the resort-style pool. A detached guest casita with a living area, kitchenette, bedroom, and full bath provides additional privacy for family and guests.

Outdoor amenities include a resort-style pool with waterfall, multiple fire pit seating areas, covered patio, hydraulic boat slip with automated enclosure, two jet ski lifts, and beautifully landscaped grounds designed to maximize lake living.

Ownership is professionally supported by a concierge and property management team, providing a true lock-and-leave lifestyle. Contact listing agent for complete ownership details, operating expenses, reservation schedule, and fractional ownership information.

Location

State TX

County Burnet

Rooms

Main Level Bedrooms 3

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Tile

Fireplaces Number 1

Fireplace No

Appliance Built-In Gas Oven, Dishwasher, Disposal, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Free-Standing Freezer, Microwave, Double Oven, Propane Cooktop, Refrigerator

Exterior

Exterior Feature Boat Dock - Private, Boat Lift, Exterior Steps, Private Entrance, Private Yard

Garage Spaces 2.0

Fence Back Yard, Fenced, Full, Gate, Wood, Wrought Iron

Pool In Ground, Outdoor Pool, Waterfall

Community Features See Remarks

Utilities Available Electricity Connected, Propane, Underground Utilities, Water Connected

Waterfront Description Canal Front,Waterfront

View Canal, Lake, Neighborhood, Water

Porch Patio, Rear Porch, Side Porch

Total Parking Spaces 7

Private Pool Yes

Building

Lot Description Back Yard, Few Trees, Front Yard, Level, Native Plants, Private, Sprinklers In Rear, Sprinklers In Front, Trees-Medium (20 Ft - 40 Ft), Waterfall

Foundation Slab

Sewer Aerobic Septic, Septic Tank

Water Public

Level or Stories One

Structure Type See Remarks,Brick,Stone

New Construction No

Schools

Elementary Schools Marble Falls

Middle Schools Marble Falls

High Schools Marble Falls

School District Marble Falls Isd

Others

HOA Fee Include Common Area Maintenance

Special Listing Condition See Remarks


Read Less Info
Listed by MCM Land Company LLC

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Spencer Wheelwright

Spencer Wheelwright

+1(512) 944-8553

Broker Associate License ID: 667574

Broker Associate License ID: 667574

Name

Name

Email*

Email

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Spencer Wheelwright, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Thanks! I'll get back to you shortly.
Quick Search
  • Homes for Sale in Austin
  • Homes for Sale in Leander
  • Homes for Sale in Liberty Hill
  • Homes for Sale in Georgetown
  • Homes for Sale in Hutto
  • Homes for Sale in Lago Vista
  • Homes for Sale in Pflugerville
  • Homes for Sale in Round Rock
  • Homes for Sale in Westlake
  • Homes for Sale in Kyle
  • Homes for Sale in Buda
  • Homes for Sale in Bee Cave
  • Homes for Sale in Driftwood
  • Homes for Sale in Jonestown
  • Homes for Sale in Lakeway
  • Homes for Sale in Cedar Park
  • Home for Sale in Stone Canyon
  • Homes with a Pool
  • Luxury Home Search
  • Land for Sale
VIEW MORE
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

SITE MAP

      BUY
      SELL
      HOME EVALUATION
      Neighborhoods
      1. Explore
      2. Stone Canyon
      About
      Contact

Pure Realty

Spencer Wheelwright License ID: 667574

+1(512) 944-8553 [email protected]

305 Denali Pass Suite C, Park, TX 78613

Get My App

Spencer Wheelwright's Texas Real Estate Commission Information About Brokerage Services

Spencer Wheelwright's Texas Real Estate Commission Consumer Protection

Powered by Lofty Inc. Copyright 2026. All Rights Reserved.

Terms of Service & Privacy Policy | Cookie Policy | Cookie Preferences | Property Listings | Sitemap | Accessibility