About 513 Oleander Drive
Positioned on a scenic peninsula on Lake LBJ, this exceptional lakefront home offers breathtaking water views in nearly every direction and an ideal blend of luxury and relaxed lake living. Thoughtfully designed with modern finishes and located just minutes from shopping and dining in Marble Falls, this gated property provides both privacy and convenience. Inside, rich wood flooring and elegant crown molding complement the well-appointed interior. The main living area features a marble-surround fireplace and dramatic 20-foot Fleetwood sliding doors that open seamlessly to outdoor living and expansive lake views. The spacious island kitchen is perfect for gathering and entertaining with friends and family. The main-level primary suite offers a private lakeside retreat with patio access, dual sinks, and a walk-in closet. Upstairs, comfortable guest suites provide privacy for family and visitors, along with a sunlit “Bird’s Nest” lookout room that works beautifully as a study, studio, or reading retreat. The lower level is designed for entertaining and recreation, featuring a large conditioned 1,200-square-foot multi-use space with four glass garage doors and a full bath—ideal as a game room, second living area, or open-air lounge after a day on the water. Outside, enjoy exceptional waterfront living with a large boat dock offering a slip with electric lift, PWC ramps, and spacious lakeside seating areas. Offered fully furnished with a few exclusions, creating a true turnkey opportunity on Lake LBJ.
Features of 513 Oleander Drive
| MLS® # | 3094448 |
|---|---|
| Price | $2,250,000 |
| Bedrooms | 4 |
| Bathrooms | 5.00 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 2,906 |
| Acres | 0.29 |
| Year Built | 2020 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 513 Oleander Drive |
|---|---|
| Area | BU |
| Subdivision | Shady Acres |
| City | Granite Shoals |
| County | Burnet |
| State | TX |
| Zip Code | 78654 |
Amenities
| Utilities | Electricity Connected, Water Connected, Propane |
|---|---|
| Features | Fishing, Lake |
| Parking | Driveway, Garage Faces Front, Garage, Garage Door Opener, Door-Multi, Electric Gate, Garage Faces Rear |
| Garage Spaces | 4 |
| Garages | Garage Door Opener |
| View | Hills, Canal, Lake, Panoramic, Water |
| Is Waterfront | Yes |
| Waterfront | Boat Ramp/Lift Access, Lake Front, Waterfront |
| Has Pool | No |
Interior
| Interior | Tile, Wood |
|---|---|
| Interior Features | Breakfast Bar, Ceiling Fan(s), Double Vanity, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Living Areas, Main Level Primary, Open Floorplan, Recessed Lighting, Storage, Smart Thermostat, Walk-In Closet(s), Bookcases, Built-in Features, Crown Molding, Eat-in Kitchen, Quartz Counters |
| Appliances | Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Built-In Gas Oven, Built-In Gas Range, Dryer, Range Hood |
| Heating | Propane |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas Log, Living Room |
| Stories | Three Or More |
Exterior
| Exterior Features | Exterior Steps, Lighting, Private Yard, Rain Gutters, Balcony, Barbecue, Boat Lift, Boat Slip, Dock, Gas Grill, Outdoor Grill, Uncovered Courtyard |
|---|---|
| Lot Description | Back Yard, Cul-De-Sac, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinklers Automatic, Sprinklers In Ground, Level, Private, Trees Medium Size, Views |
| Roof | Composition |
| Construction | HardiPlank Type, Stone |
| Foundation | Slab |
School Information
| District | Marble Falls ISD |
|---|---|
| Elementary | Marble Falls |
| Middle | Marble Falls |
| High | Marble Falls |
Additional Information
| Date Listed | March 6th, 2026 |
|---|---|
| Days on Market | 183 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX HORSESHOE BAY RESORT SA |
|---|---|
| Contact Info | (830) 598-8726 |
| Office Contact | (830) 598-8726 |