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Bennett Group
REALTORS®
(512) 751-0664

501 Oleander Dr, Granite Shoals, TX 78654

$899,000
  • 501 Oleander Dr, Granite Shoals, TX 78654 Main Photo

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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,792 MLS#7827634
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONShady Acres SCHOOLMarble Falls ISD

Property Description

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 Kingslands popular waterfront restaurants and attractions. Beautiful waterfront, mature landscaping, and an unbeatable location make this Lake LBJ property a must-see.

501 Oleander Dr | MLS# 7827634

This single family home located at 501 Oleander Dr, Granite Shoals, TX 78654 is currently listed for sale with an asking price of $899,000. This property was built in 1978 and has 2 bedrooms and 2 full baths with 1792 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.bennetttxhomes.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric
Fireplaces: 1
Garage: 2
Heating: Central, Electric
Lot Size: 0.51 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $14,518
Year Built: 1978

Amenities

Bar
Breakfast Bar
Ceiling Fan(s)
Electric Dryer Hookup
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
Boat Lift
Gutters Full
No Exterior Steps

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Range, Electric Water Heater
Area #: BU
Body of Water: Lake LBJ
Community Features: Fishing, Lake, Park
Days on Site: 4
Exterior: Brick, Frame, HardiPlank Type
Fencimg: Back Yard, Chain Link
Fireplace: Living Room, Wood Burning
Flood Plain: See Remarks
Flooring: Carpet, Tile
HOA Fee: $75/ Annually
Laundry: Electric Dryer Hookup
Lot: Back Yard, Sprinkler - In-ground, Trees-Large (Over 40 Ft)
Lot Dimensions: 160x141x163x180
Parcel#: 38479
Parking: Detached, Driveway
Parking Notes: Detached, Driveway
Patio/Porch: Covered, Patio
Restrictions: See Remarks
Sewer: Septic Tank
Special View Info: Hill Country, Lake
Utilities: Electricity Connected, Phone Available, Sewer Connected, Water Connected
Water: Public
Water Features: Canal Front

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: RE/MAX of Marble Falls
Agency Contact: (830) 798-1443

Shown By

Agent Name: Bennett Group
Agent Phone: (512) 751-0664
Agency Title: Realty Capital City

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Estimated Payment

$ 3,472.83 per month $2,000.78 Principal & Interest $1,209.83 Property Tax $262.21 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/31/2026. The listing information on this page last changed on 05/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/31/2026 4:47:19 AM EST) or Austin MLS (last updated Sun 05/31/2026 12:27:36 AM EST) or CTXMLS (last updated Sat 05/30/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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