311 Oleander Dr, Marble Falls, TX 78654
Property image
Property image
FOR SALE
0.8 ACRES

311 Oleander Dr
Marble Falls, TX 78654

  • 4 Beds
  • 3.5 Baths
  • 4,183 sqft (on 0.80 acres)

$2,399,000

Original price: $2,299,000
Est. Mortgage $15,251/mo*
Get Pre-Qualified

$2,399,000

Original price: $2,299,000
Est. Mortgage $15,251/mo*
Get Pre-Qualified
4 Beds
3.5 Baths
4,183 sqft
(on 0.80 acres)

Home Highlights

Parking
Garage
Outdoor
Pool
Climate Control
Heating & Cooling
Price/Sqft
$574
Listed
38 days ago

Local Information

  • Map ViewExplore the area around 311 Oleander Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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. Tucked behind it, a fully equipped baker's kitchen with additional appliances, storage, and prep space. The primary suite is its own sanctuary. Fireplace lit, doors open to the pool, and a bathroom with a clawfoot tub, walk-in shower, dual vanities, and seated make-up area. A closet complete with washer and dryer hook-ups. 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. The pool house delivers the lifestyle with its own bedroom, living space, kitchenette, and full bath. A detached two-car garage. At the shoreline, a covered hydraulic boat slip with a fully automated enclosure and 2 jet ski lifts makes getting on the water effortlessly. This isn't a "nice home" in the neighborhood. This is the one everything else is compared to. More features, call today.

Home Details for 311 Oleander Dr

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4183 Square Feet
Appliances & Utilities
Appliances: Commercial Stove, Dishwasher, Double Oven, Dryer, Disposal, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup, Electric Water Heater, CooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: OneHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Hard Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Hard Tile
View
Has a ViewView: Lake
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: Wood, FencedExterior: Open Concrete Areas, Stonework, Water Feature FountainFoundation: SlabHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: 2 Car Detached Garage,Front Entry
Pool
Pool: In GroundPool
Frontage
WaterfrontWaterfront: Channel, Lake LBJRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Frontage Length: 204

Days on Market

Days on Market: 38

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Spanish
Building
Construction Materials: Block, Wood Siding, Brick
Property Information
Parcel Number: 128732

Price & Status

Price
List Price: $2,399,000Price Per Sqft: $574
Status Change & Dates
Possession Timing: Closing/Funding

Active Status

MLS Status: Active

Location

Direction & Address
City: Marble FallsCommunity: Shady Acres
School Information
High School District: Burnet

Agent Information

Listing Agent
Listing ID: 178508

Building

Building Area
Building Area: 4183 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.80 acres

Energy

Energy Efficiency Features: Ceiling Fan(s)

Miscellaneous

Mls Number: 178508Water ViewWater View: Lake
Last check for updates: about 7 hours ago
Listing courtesy of Kasey Mercurio, (206) 519-2016
MCM Land Company LLC
Source: HLMLS as distributed by MLS GRID, MLS#178508
Also Listed on Unlock MLS, HLMLS as distributed by MLS GRID, Unlock MLS.

Market trends in Marble Falls

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
210
4MoM

Price History for 311 Oleander Dr

DatePriceEventSource
07/22/2026$2,199,000PriceChange
Unlock MLS #7902186
07/01/2026$2,299,000PriceChange
Unlock MLS #7902186
06/12/2026$2,399,000PriceChange
Unlock MLS #7902186
05/22/2026$2,499,000Listed For SaleUnlock MLS #7902186
08/09/2024$3,799,000ListingRemovedUnlock MLS #3444317
05/23/2024$3,799,000PriceChange
Unlock MLS #3444317
02/16/2024$3,999,000Listed For SaleHLMLS as distributed by MLS GRID #167448
09/16/2023ListingRemovedUnlock MLS #7827619
04/10/2023$2,950,000Listed For SaleHLMLS as distributed by MLS GRID #163972
10/26/2018--Sold
HLMLS as distributed by MLS GRID #143936
08/24/2018$1,399,000PendingAgent Provided
07/22/2018$1,399,000Listed For SaleAgent Provided

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 311 Oleander Dr

Skip to last item
Skip to first item

Property Tax and Assessment

Year2025
Tax
Assessment$28,750,000
Home facts updated by county records

Comparable Sales for 311 Oleander Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
307 E Pheasant Drive, Highland Haven, TX
0.29
Single-Family Home
-
07/02/26
3
3.5
3,005
300 E Heron Drive, Highland Haven, TX
0.42
Single-Family Home
-
08/19/25
4
4.5
3,332
106 Redbird Street, Highland Haven, TX
0.24
Single-Family Home
-
05/18/26
3
2
1,949
710 Highland Drive, Highland Haven, TX
0.20
Single-Family Home
-
12/29/25
3
2
1,730
310 Blackbird Drive, Highland Haven, TX
0.40
Single-Family Home
-
04/08/26
3
2
1,960
201 W Heron, Highland Haven, TX
0.39
Single-Family Home
-
01/06/26
3
2
2,061
116 Wren Street, Highland Haven, TX
0.36
Single-Family Home
-
08/13/25
3
2
1,629
119 Robin Roads, Highland Haven, TX
0.47
Single-Family Home
-
04/30/26
3
3
1,684
304 E Pheasant Road, Highland Haven, TX
0.26
Single-Family Home
-
05/04/26
2
2
1,745

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 311 Oleander Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Marble Falls

At least 72 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 86 % Say parking is easy

  • 76 % Say yards are well-kept

  • 73 % Say it's dog friendly

  • 71 % Say there's wildlife

  • 68 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 60 % Say people would walk alone at night

  • 54 % Say kids play outside

  • 52 % Say they plan to stay for at least 5 years

  • 49 % Say it's walkable to restaurants

  • 46 % Say neighbors are friendly

  • 42 % Say it's walkable to grocery stores

  • 35 % Say streets are well-lit

  • 34 % Say there are community events

  • 32 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Unspecified
    "Lots of great parks and abundant homeschooling community. Day cares are highly in demand. The community goes all out to do activities for the youth in the area. "
    0
    Flag
  • Jaki Michalski
    "We have a very friendly set of neighbors who will actually learn your name and wave to say hello if they see you driving / walking by. "
    1
    Flag
  • Mary C.
    "Very family oriented town. Good schools, a number of of choices for shopping and entertainment. Very friendly. "
    0
    Flag
  • Mary C.
    "No public transportation, somewhat walkable. Beautiful small town, good shopping. Good school district. "
    0
    Flag
  • Gail S.
    "Market days is always alit of fun in Marble Falls. People are always very friendly. It is very small town and peaceful. Dogs and children alike are welcome."
    0
    Flag
  • Vicki S.
    "Marble falls has been a nice quiet place to call home. It’s a good place to raise children. The outdoor activities and lake are fabulous."
    0
    Flag
  • Daychasea
    "Great Christmas celebrations down by the lake. You can see it crossing the bridge into town. It’s mesmerizing!"
    0
    Flag
  • Madeline
    "Walkway of lights Moonlight madness at Halloween Christmas Parade Fourth of July concerts and fireworks in Johnson Park"
    0
    Flag
  • Vicki S.
    "Marble falls is a nice city with a small town feel. It’s a nice place to raise a family but there are not a lot of things to do. "
    0
    Flag
  • Victoria A.
    "Most jobs require a long commute to Austin or round rock if you’re looking for a professional position "
    0
    Flag
  • Lbsconcan
    "It’s safe, good schools, friendly, good police and fire depts Well kept multiple parks. Nice shopping areas. A great HEB We have drugs like most communities but the police Dept and narcotics task force are on top of it. "
    0
    Flag
  • Victoria A.
    "Marble Falls is a nice quiet community. It’s ideal for families and retirees that want a slower pace. "
    0
    Flag
  • Mindy12d2003
    "The area is beautiful . Potential for growth . Would be nice to have bike lanes. Enjoy the area . The community is friendly. Would be so nice to become a dog community "
    0
    Flag
  • Davidebell1979
    "There are way too many vehicles per household. The street is generally crowded. Also, several residents let their pets run loose, unattended from time to time. Other than that it’s a quiet neighborhood. The neighbors that I do know are all friendly. Being an affordable neighborhood for renters, we do see the occasional... unwanted neighbor now and then. Fortunately, they don’t last long. The home owners association acts quickly when a resident is deemed a nuisance. I enjoy living in this small town. If it weren’t from being so far away from my employer, I would consider making this town my permanent home."
    0
    Flag
  • Deweytrish
    "It feels like you’re in the country with small town living all within 5 mins from town. Love our morning walks in our neighborhood and seeing the deer run freely "
    5
    Flag
  • elk3rd
    "Less than an hour from Austin, situated on Lake Travis deep water, this home is a rare gem."
    0
    Flag
  • Texasjunkbox
    "Constant level Lake LBJ provides for lake activities with nice waterfront park and public pool facilities. Quaint historic downtown with local shops plus the big box stores too. Great restaurants for all tastes. "
    0
    Flag

LGBTQ Local Legal Protections

Kasey Mercurio, MCM Land Company LLC
Agent Phone: (206) 519-2016
Based on information submitted to the MLS GRID as of 2026-08-03 18:02:15 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
311 Oleander Dr, Marble Falls, TX 78654 is a 4 bedroom, 4 bathroom, 4,183 sqft single-family home built in 1970. This property is currently available for sale and was listed by HLMLS as distributed by MLS GRID on Jun 26, 2026. The MLS # for this home is MLS# 178508.