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Just Listed

$899,000

501 Oleander DR, Granite Shoals, TX 78654

Shady Acres

Bedrooms2
Bathrooms2
Sq Ft1,792
Acres0.51
Year Built1978

About This Property

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.

Property Details

Property TypeSingle Family
MLS #7827634
Days on Market1
Lot Size0.51 acres
HOA Fee$75 / Annually
Listed5/26/2026
Last Updated5/26/2026

Location

County
Burnet
School District
Marble Falls ISD
MLS Area
BU

Size

Lot Description
Back Yard, Trees-Large (Over 40 Ft)
$/Acre
$1,776,328

Improvements

Garage Spaces
2
Fence
Back Yard, Chain Link
Exterior Features
Boat Lift, Gutters Full, No Exterior Steps
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Appliances
Dishwasher, Disposal, Microwave, Range, Electric Water Heater
Flooring
Carpet, Tile
Fireplaces
Living Room, Wood Burning
Fireplace Count
1
Windows
None
Construction Materials
Brick, Frame, HardiPlank Type
Foundation
Slab
Roof
Composition
Direction Faces
West
Pool Features
None
Patio / Porch
Covered, Patio
View
Hill Country, Lake
Community Features
Fishing, Lake, Park
Covered Spaces
2
Parking Features
Detached, Driveway

Location

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Listing provided by Dana Yarter · RE/MAX of Marble Falls · (830) 798-1443

The information being provided is 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$899,000