Lichman Group

311 Oleander Dr, Marble Falls, TX 78654

$350,000
  • 311 Oleander Dr, Marble Falls, TX 78654 Main Photo

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New to the Market Active
BEDS4 BATHS2 full 1 partial SQUARE FEET4,143 MLS#5525989
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONShady Acres SCHOOLMarble Falls ISD

Property Description

Discover one of Marble Falls' most extraordinary waterfront estates, offering approximately 200 ft of channel frontage. and a level of luxury rarely found on Lake LBJ. This listing offers 1/6 deeded ownership interest (Tenants in Common). List price reflects the purchase price of one fractional ownership share only, not the entire property. Cash purchase is required. Financing for fractional ownership is generally limited. Owners enjoy approximately 8 weeks of annual exclusive use through a professionally managed rotating reservation schedule, combining luxury ownership with a true lock-and-leave lifestyle. Designed for exceptional entertaining, this 4,500 sq ft single story residence features an expansive open living room where walls of windows frame peaceful waterfront views. The gourmet kitchen is equipped with propane range, dual dishwashers, premium finishes, while the separate prep and baker's kitchen offers additional appliances, freezers, sinks, and abundant workspace for effortless hosting.Outside, the estate transforms into a private waterfront resort. An oversized pool with cascading waterfall is surrounded by towering palms, lush professional landscaping, a sandy beach-style lounging area, 2 fire pits, and an expansive patio overlooking the water. A separate pool house provides additional accommodations with a bedroom, living area, kitchenette, and full bath. The detached two-car garage includes 3 additional storage rooms. The 203 ft of waterfront is complemented by a covered hydraulic boat slip with an automated enclosure, two jet ski lifts, and a fully fenced lawn extending to the water's edge. Professionally managed ownership allows you to enjoy an exceptional luxury lakefront lifestyle without the responsibilities of full-time ownership. Contact listing agent for total property value, ownership details, reservation schedule, and fractional ownership documents.

311 Oleander Dr | MLS# 5525989

This home located at 311 Oleander Dr, Marble Falls, TX 78654 is currently listed for sale with an asking price of $350,000. This property was built in 1970 and has 4 bedrooms and 2 full and 1 partial baths with 4143 sq. ft. Oleander Dr is located in the Shady Acres subdivision within the Marble Falls ISD school district. Search Shady Acres real estate on www.lichmangroup.com today.

Property Features

Property Type: Residential -
Cooling: Ceiling Fan(s), Central Air
Fenced: Yes
Fireplaces: 1
Garage: 2
Heating: Central
Lot Size: 0.60 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $363,198
Year Built: 1970

Amenities

Breakfast Bar
Built-in Features
Ceiling Fan(s)
Beamed Ceilings
High Ceilings
Granite Counters
Crown Molding
Double Vanity
Electric Dryer Hookup
Eat-in Kitchen
Kitchen Island
Natural Woodwork
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Sound System
Storage
Study/Home Office
Track Lighting
Walk-In Closet(s)
Washer Hookup
Boat Dock - Private
Boat Lift
Boat Slip
Exterior Steps
Private Entrance
Private Yard

Feature Descriptions

Accessibility: Central Living Area, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen, Visitor Bathroom
Appliances: Built-In Gas Oven, Dishwasher, Disposal, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Free-Standing Freezer, Microwave, Double Oven, Propane Cooktop, Refrigerator
Area #: BU
Body of Water: Lake LBJ
Community Features: See Remarks
Exterior: See Remarks, Brick, Stone
Fencimg: Back Yard, Fenced, Full, Gate, Wood, Wrought Iron
Fireplace: Living Room, Stone
Flood Plain: Yes-100 yr
Flooring: Tile
HOA Fee: $200/ Annually
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Back Yard, Few Trees, Front Yard, Level, Native Plants, Private, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Trees-Medium (20 Ft - 40 Ft), Waterfall
Parcel#: 38471
Parking: Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Paved, Private
Parking Notes: Detached, Driveway, Garage, Garage Door Opener, Garage
Patio/Porch: Patio, Rear Porch, Side Porch
Pool: In Ground, Outdoor Pool, Waterfall
Restrictions: See Remarks
Security: Carbon Monoxide Detector(s), Secured Garage/Parking, Smoke Detector(s)
Sewer: Aerobic Septic, Septic Tank
Special View Info: Canal, Lake, Neighborhood, Water
Swimming Pool: Yes
Utilities: Electricity Connected, Propane, Underground Utilities, Water Connected
Water: Public
Water Features: Canal Front, Waterfront
Window: Blinds, Double Pane Windows, Skylight(s)

Local Schools

High School: Marble Falls
Middle School: Marble Falls
Elementary School: Marble Falls
School District: Marble Falls ISD

Listed By / Shown By

Listed By

Agency Name: MCM Land Company LLC
Agency Phone: (512) 705-2504

Shown By

Agent Name: Lichman Group
Agent Phone:
Agency Title: Realty Capital City

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Estimated Payment

$ 31,147.53 per month $778.95 Principal & Interest $30,266.50 Property Tax $102.08 Homeowner's Insurance

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