Property Attributes
- MLS#3094448
- TypeSingle Family
- Listing Status Active
- CountyBURNET
- CityGranite Shoals
- AreaBU
- NeighborhoodShady Acres
- Zip78654
- StyleSingle Family Residence
- Year Built2020
- Taxes$ 24634
- Price$ 2,250,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage2906
- Lot Size0.289 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
Positioned on a scenic peninsula on Lake LBJ, this exceptional lakefront home offers breathtaking water views in nearly every direction and an ideal blend of luxury and relaxed lake living. Thoughtfully designed with modern finishes and located just minutes from shopping and dining in Marble Falls, this gated property provides both privacy and convenience. Inside, rich wood flooring and elegant crown molding complement the well-appointed interior. The main living area features a marble-surround fireplace and dramatic 20-foot Fleetwood sliding doors that open seamlessly to outdoor living and expansive lake views. The spacious island kitchen is perfect for gathering and entertaining with friends and family. The main-level primary suite offers a private lakeside retreat with patio access, dual sinks, and a walk-in closet. Upstairs, comfortable guest suites provide privacy for family and visitors, along with a sunlit “Bird’s Nest” lookout room that works beautifully as a study, studio, or reading retreat. The lower level is designed for entertaining and recreation, featuring a large conditioned 1,200-square-foot multi-use space with four glass garage doors and a full bath—ideal as a game room, second living area, or open-air lounge after a day on the water. Outside, enjoy exceptional waterfront living with a large boat dock offering a slip with electric lift, PWC ramps, and spacious lakeside seating areas. Offered fully furnished with a few exclusions, creating a true turnkey opportunity on Lake LBJ.
| Elementary School | Middle School | High School |
|---|---|---|
| Marble Falls Elementary School | Marble Falls Middle School | Marble Falls High School |
| Price History | |
|---|---|
| 3/6/2026 | Listed $2,300,000 |
| 6/5/2026 | 3$2,250,000 |
General Features
| Living Area | 2906 |
|---|---|
| Sewer | Septic Tank |
| Heating | Propane |
| Cooling | Ceiling Fan(s),Electric,Wall/Window Unit(s) |
| Utilities | Electricity Connected,Propane,Water Connected |
| Roof | Composition |
| Appliances | Built-In Gas Oven,Built-In Gas Range,Dishwasher,Disposal,Dryer,Microwave,RNGHD,Refrigerator,Stainless Steel Appliance(s),Washer/Dryer Stacked |
| HOA Fee | 75 |
| Garage Spaces | 4 |
| Association Fee Includes | See Remarks |
| Patio/Porch Features | Covered,Deck,Front Porch,Patio,Porch,Rear Porch |
| Pool Features | None |
| Security Features | Security Fence,Security System,Security System Owned,Smoke Detector(s) |
| Construction Materials | HardiPlank Type,Stone |
| Year Built | 2020 |
| View | Canal,Hill Country,Lake,Panoramic,Water |
| Levels | Three Or More |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | Lake Front,Waterfront |
| Community Features | Fishing,Lake |
| Accessibility | None |
| Assoc Fee Paid Per | Annually |
| County | Burnet |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Energy Efficient | None |
| Subdivision Name | Shady Acres |
| Facing Direction | West |
| Green Sustainability | None |
| Other Structures | Outdoor Kitchen,Shed(s),Storage |
| Full Baths | 4 |
| Status | Active |
| Directions | From Marble Falls,go West on 1431,turn Left on Post oak Rd,Right on Willow Rd then Left on Oleander Dr. Go towards the end of peninsula and house is on the left. |
| High School | Marble Falls |
| City | Granite Shoals |
| Body of Water | Lake LBJ |
| Disclosures | Seller Provided Survey Available |
| Association Name | Shady Acres |
| MLS Area | BU |
| Lot Size Square Feet | 12588.84 |
| Spa Features | None |
| Elementary School | Marble Falls |
| Tax Annual Amount | 24634.35 |
| Middle/Junior High School | Marble Falls |
| Property Condition | Resale |
| Additional Parcels Y/N | No |
| Virtual Tour | https://shutterbugstudios.hd.pics/513-Oleander-Dr/idx |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1950000 |
| Virtual Tour | https://shutterbugstudios.hd.pics/513-Oleander-Dr |
Interior Features
| Interior Amenities | Bookcases,Breakfast Bar,Built-in Features,Ceiling Fan(s),Quartz Counters,Crown Molding,Double Vanity,Eat-in Kitchen,Entrance Foyer,Interior Steps,Kitchen Island,Multiple Living Areas,Open Floorplan,P |
|---|---|
| Flooring | Tile,Wood |
| Total Fireplaces | 1 |
| Fireplace Features | Gas Log,Living Room |
| Window Features | Double Pane Windows,Window Coverings |
| Half Baths | 1 |
| Total Bedrooms | 4 |
| Main Level Bedrooms | 1 |
| LivingAreaSource | Public Records |
| Total Baths | 5 |
Exterior Features
| Exterior Amenities | Balcony,Barbecue,Boat Dock - Private,Boat Lift,Boat Slip,Uncovered Courtyard,Exterior Steps,Gas Grill,Gutters Full,Lighting,Outdoor Grill,Private Yard |
|---|---|
| Fencing | Fenced,Front Yard,Full,Gate,Wood |
| Parking Features | Door-Multi,Driveway,Electric Gate,Garage,Garage Door Opener,Garage Faces Front,Garage Faces Rear |
| Lot Features | Back Yard,Cul-De-Sac,Front Yard,Landscaped,Level,Private,Sprinkler - Automatic,Sprinklers In Rear,Sprinklers In Front,Trees-Medium (20 Ft - 40 Ft),Views |
| Water Source | Public |
| Total Parking | 8 |
| Foundation Details | Slab |
| Lot Size Acres | 0.289 |
| Waterfront Y/N | Yes |
| Covered Spaces | 4 |
| Horse Y/N | No |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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