311 Oleander DR, Marble Falls, TX 78654
311 Oleander DR, Marble Falls, TX 78654
311 Oleander DR, Marble Falls, TX 78654
311 Oleander DR, Marble Falls, TX 78654
311 Oleander DR, Marble Falls, TX 78654
311 Oleander DR, Marble Falls, TX 78654
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Est. payment | /mo

4 Beds

3 Baths

4,143 SqFt


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Est. payment | /mo
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4 Beds

3 Baths

4,143 SqFt

Key Details

Property Type Single Family Home

Sub Type See Remarks

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,143 sqft

Subdivision Shady Acres

MLS Listing ID 5525989

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Fees $200/ann

HOA Y/N Yes

Year Built 1970

Annual Tax Amount $363,198

Tax Year 2025

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type See Remarks

Source actris

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.

Location

State TX

County Burnet

Area Bu

Rooms

Main Level Bedrooms 3

Interior

Interior Features Breakfast Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, Ceiling-High, Granite Counters, Crown Molding, Double Vanity, 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)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Tile

Fireplaces Number 1

Fireplaces Type Living Room, Stone

Fireplace Y

Appliance Built-In Gas Oven, Dishwasher, Disposal, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Free-Standing Freezer, Microwave, Double Oven, Propane Cooktop, Refrigerator

Exterior

Exterior Feature Boat Dock - Private, Boat Lift, Boat Slip, Exterior Steps, Private Entrance, Private Yard

Garage Spaces 2.0

Fence Back Yard, Fenced, Full, Gate, Wood, Wrought Iron

Pool In Ground, Outdoor Pool, Waterfall

Community Features See Remarks

Utilities Available Electricity Connected, Propane, Underground Utilities, Water Connected

Waterfront Description Canal Front,Waterfront

View Canal, Lake, Neighborhood, Water

Roof Type Shingle

Accessibility Central Living Area, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen, Visitor Bathroom

Porch Patio, Rear Porch, Side Porch

Total Parking Spaces 7

Private Pool Yes

Building

Lot Description Back Yard, Few Trees, Front Yard, Level, Native Plants, Private, Sprinklers In Rear, Sprinklers In Front, Trees-Medium (20 Ft - 40 Ft), Waterfall

Faces East

Foundation Slab

Sewer Aerobic Septic, Septic Tank

Water Public

Level or Stories One

Structure Type See Remarks,Brick,Stone

New Construction No

Schools

Elementary Schools Marble Falls

Middle Schools Marble Falls

High Schools Marble Falls

School District Marble Falls Isd

Others

HOA Fee Include Common Area Maintenance

Ownership Fractional

Acceptable Financing See Remarks, Cash

Tax Rate 1.765

Listing Terms See Remarks, Cash

Listed by MCM Land Company LLC • Kasey Mercurio

Nearby Locations

Robbie English

"Buying or selling a home is one of life's biggest financial decisions. My mission is to educate you, protect your interests, and give you the confidence to make the right move. With more than 40 years of real estate experience, I'm committed to providing honest advice, skilled negotiation, and exceptional service from our first conversation through closing and beyond."

+1(512) 400-3082

robbie@callrobbie.com

5114 Balcones Woods Drive, Suite 307, Austin, TX 78759

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311 Oleander DR

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