311 Oleander Dr Marble Falls, TX $ 2,499,000
311 Oleander Dr
$ 2,499,000
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311 Oleander Dr

Marble Falls, TX, 78654
$ 2,499,000
Bedrooms4 Baths2.1 Sq 4,143

Monthly Estimate*

$ 15,387

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Single Family Home for sale in Marble Falls, TX

for $2,499,000 with 4 bedrooms and 2 full baths, 1 half bath. This 4,143 square foot home was built in 1970 on a lot size of 0.06.

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.

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Single Family Active

Price

$ 2,499,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 24,527

Style

Lot Size

0.06

Year Built

1970

Town/City

Marble Falls

County/Region

Burnet

MLS | Web ID

7902186

Features
General
Living Area 4143
Sewer Aerobic Septic Septic Tank
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Connected Propane Underground Utilities Water Connected
Appliances Built-In Gas Oven Dishwasher Disposal ENERGY STAR Qualified Dryer ENERGY STAR Qualified Washer Free-Standing Freezer Microwave Double Oven Propane Cooktop Refrigerator
HOA Fee 200
Garage Spaces 2
Association Fee Includes Common Area Maintenance
Patio/Porch Features Patio Rear Porch Side Porch
Pool Features In Ground Outdoor Pool Waterfall
Construction Materials See Remarks Brick Stone
Year Built 1970
View Canal Lake Neighborhood Water
Levels One
Property Subtype See Remarks
Tax Year 2025
Waterfront Features Canal Front Waterfront
Community Features See Remarks
Assoc Fee Paid Per Annually
County Burnet
New Construction N
Property Type Residential
HOA Y
Subdivision Name Shady Acres
Other Structures Garage(s) Pool House
Full Baths 2
Status Active
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
High School Marble Falls
City Marble Falls
Body of Water Lake LBJ
Disclosures See Remarks Other Disclosures Seller Disclosure Seller Provided Survey Available
Association Name Shady Acres POA
MLS Area BU
Lot Size Square Feet 2613.6
Elementary School Marble Falls
Tax Annual Amount 363198.75
Middle/Junior High School Marble Falls
Property Condition Resale
Additional Parcels Y/N N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 28750000
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Exterior
Exterior Amenities Boat Dock - Private Boat Lift Exterior Steps Private Entrance Private Yard
Fencing Back Yard Fenced Full Gate Wood Wrought Iron
Parking Features Detached Driveway Garage Garage Door Opener Garage Faces Front Kitchen Level Paved Private
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
Water Source Public
Total Parking 7
Foundation Details Slab
Lot Size Acres 0.06
Waterfront Y/N Y
Covered Spaces 2
Horse Y/N N
Horse Amenities None
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Interior
Flooring Tile
Total Fireplaces 1
Half Baths 1
Total Bedrooms 4
Main Level Bedrooms 3
Total Baths 3
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Internal Only
Street Number 1 311
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* Excluded Features
List By
Kasey Mercurio

Listing Agent

Mcm Land Company Llc

Broker

lbjluxe@gmail.com

Email

Affordability Calculator

$17,431
Per Month
88%
12%
0%
Monthly Principal & Interest
$15,387
Monthly Property Taxes
$2,044
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360223 Elementary School
4360199 Middle School
Marble Falls High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2026$2,499,000 Listed Price

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311 Oleander Dr, Marble Falls, TX, 78654 is a Single Family Home for sale at $2,499,000 with 4,143 sqft and a lot size of 0.06. 311 Oleander Dr has 4 bedrooms, 2.1 baths, and was built in 1970. The property's zip code is 78654 which is in Marble Falls, TX