$825,000
Original price: $899,000
- 2 Beds
- 2 Baths
- 1,792 sqft (on 0.51 acres)
501 Oleander Dr, Marble Falls, TX 78654
Est. Mortgage $5,417/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1978
0.51 acre lot
$460/sqft
Garage
Local Information
-- mins to
About this House
Rare opportunity on constant-level Lake LBJ with 163 feet of prime waterfront in the quiet and quaint Shady Acres subdivision, ideally situated between Granite Shoals and Kingsland. Nestled on a beautifully maintained .51-acre lot with lush grass and mature trees, this charming 2 bedroom, 2 bath waterfront home offers the perfect blend of comfort, convenience, and lakefront living. Inside, you'll find wood plank tile flooring throughout the main living areas, carpet in the bedrooms, a cozy wood-burning fireplace, and an updated kitchen featuring quartz countertops. The spacious bathroom includes a walk-in tile shower for a modern touch. Step outside to enjoy the large covered patio overlooking the serene backyard and sparkling waters of Lake LBJ—perfect for relaxing or entertaining. The property is well-equipped for lake life with a 1-stall boat dock with electric lift, separate fishing dock, detached 2-car garage, and a workshop/storage building with attached RV carport. Conveniently located near Marble Falls shopping, dining, and entertainment, while also just minutes from Kingsland’s popular waterfront restaurants and attractions. Beautiful waterfront, mature landscaping, and an unbeatable location make this Lake LBJ property a must-see.
Last check for updates: about 22 hours ago
Listing courtesy of Dana L Yarter, (512) 755-1355
RE/MAX of Marble Falls
Jordan Vann, (830) 613-6388
RE/MAX of Marble Falls
Source: HLMLS as distributed by MLS GRID, MLS#177996

Home Details for 501 Oleander Dr
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1792 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Microwave, Electric Range, Washer Hookup, Electric Water HeaterDishwasherDisposalMicrowave |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: OneHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneFloors: Carpet, Tile |
View Has a ViewView: Hill Country, Lake |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: CompositionPatio / Porch: CoveredFencing: Chain Link, PartialExterior: Open Concrete AreasFoundation: Slab |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: 2 Car Detached Garage,Front Entry,RV Storage |
Frontage WaterfrontWaterfront: Channel, Lake LBJRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Frontage Length: 163 |
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Days on Market: 116 |
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Year Built Year Built: 1978 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, Residential |
Building Construction Materials: Wood Siding, Brick, HardiPlank Type |
Property Information Parcel Number: 038479 |
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Price List Price: $825,000Price Per Sqft: $460 |
Status Change & Dates Possession Timing: Closing/Funding |
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MLS Status: Active |
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Direction & Address City: Marble FallsCommunity: Shady Acres |
School Information High School District: Marble Falls |
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Listing Agent Listing ID: 177996 |
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Building Area Building Area: 1792 Square Feet |
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Lot Area: 0.51 acres |
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Energy Efficiency Features: Ceiling Fan(s) |
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Mls Number: 177996Water ViewWater View: Lake |
Around this home
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.
Market trends in Marble Falls
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
214
7MoM
Home Value
Trulia Estimate
$780KSince last month
Increased$14K (+1.8%)Since last year
Increased$47K (+6.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +42% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $780K |
| August 2026 | $760K |
| July 2026 | $766K |
| June 2026 | $842K |
| May 2026 | $883K |
| April 2026 | $770K |
| March 2026 | $866K |
| February 2026 | $813K |
| January 2026 | $801K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | - | 05/04/26 | 2 | 2 | 1,745 | |
0.21 | Single-Family Home | - | 12/29/25 | 3 | 2 | 1,730 | |
0.37 | Single-Family Home | - | 01/06/26 | 3 | 2 | 2,061 | |
0.28 | Single-Family Home | - | 05/18/26 | 3 | 2 | 1,949 | |
0.45 | Single-Family Home | - | 10/27/25 | 3 | 2 | 2,037 | |
0.21 | Single-Family Home | - | 07/02/26 | 3 | 3.5 | 3,005 | |
0.37 | Single-Family Home | - | 07/24/26 | 2 | 1 | 1,570 | |
0.45 | Single-Family Home | - | 04/08/26 | 3 | 2 | 1,960 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.11 | $350,000 | 4 | 2.5 | 4,143 | For Sale | |
0.09 | $2,250,000 | 4 | 4.5 | 2,906 | For Sale | |
0.14 | $414,600 | 3 | 2 | 1,637 | Off Market | |
0.16 | $1,278,200 | 4 | 4 | 3,504 | Off Market | |
0.16 | $240,500 | 2 | 2 | 1,083 | Off Market | |
0.21 | $911,500 | 4 | 3 | 2,190 | Off Market | |
0.17 | - | 2 | 2 | 1,745 | Recently Sold | |
0.21 | - | - | - | - | Off Market | |
0.21 | - | 3 | 2 | 1,730 | Recently Sold | |
0.18 | - | - | - | - | Off Market | |
0.20 | $416,700 | 3 | 2 | 1,811 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 7, 2026 Source: HLMLS as distributed by MLS GRID #177996 | PriceChange | $825,000 Price decreased by 8% |
May 19, 2026 Source: HLMLS as distributed by MLS GRID #177996 | Listed For Sale | $899,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,357 | $1,135,378 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Dana L Yarter, RE/MAX of Marble Falls
Agent Phone: (512) 755-1355

Based on information submitted to the MLS GRID as of 2026-09-11 16:22:17 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
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Frequently asked questions about 501 Oleander Dr
- What is the estimated monthly payment for 501 Oleander Dr?Based on a $825,000 list price with 20% down at today's rates, the estimated monthly payment for 501 Oleander Dr in Marble Falls, TX is approximately $5,529 (about $4,450 principal & interest, $1,004 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Marble Falls?Residents describe Marble Falls, TX as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Marble Falls, TX.
- What are the closest schools to 501 Oleander Dr?The closest schools to 501 Oleander Dr in Marble Falls, TX are Highland Lakes Elementary School (Pre-K, rated 3/10), Marble Falls High School (rated 4/10), Marble Falls Middle School (rated 4/10).
- What is 501 Oleander Dr estimated to be worth?Trulia's estimated value for 501 Oleander Dr in Marble Falls, TX is $779,500.
- Does 501 Oleander Dr have air conditioning?Yes, 501 Oleander Dr in Marble Falls, TX has air conditioning.
- How big is the lot at 501 Oleander Dr?The lot at 501 Oleander Dr in Marble Falls, TX is about 0.51 acres (22,045 sq ft).
501 Oleander Dr, Marble Falls, TX 78654 is a 2 bedroom, 2 bathroom, 1,792 sqft single-family home built in 1978. This property is currently available for sale and was listed by HLMLS as distributed by MLS GRID on May 19, 2026. The MLS # for this home is MLS# 177996.

