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311 Oleander Dr

Marble Falls, TX, 78654

Active

$350,000

Asking sale price

Listed by MCM Land Company LLC · Kasey Mercurio

Listing attribution contact: (512) 705-2504

MLS #5525989 · Active

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Data obtained . Listing modified .

Photos are not available.

Check with the listing team for current property images.

0 listing photos in this listing update.

4Bedrooms

3Bathrooms

1970Year built

See RemarksProperty type

THE HOME, IN THE LISTING AGENT’S WORDS

A closer look.

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.

Read the full description

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.

THE DETAILS THAT SHAPE YOUR DAY

Reported property facts

Property type
Residential
Property subtype
See Remarks
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Living area
4,143 (units not reported)
Lot acres
0.6
Year built
1970
Parking spaces
7
Garage spaces
2

Schools reported in the listing

  • High schoolMarble Falls
  • Middle schoolMarble Falls
  • DistrictMarble Falls ISD
  • ElementaryMarble Falls

Verify assignment with the relevant district for the exact address, program and school year. These source-reported names are not ratings or an enrollment guarantee.

Features & finishes

lot

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

pool

In Ground · Outdoor Pool · Waterfall

roof

Shingle

view

Canal · Lake · Neighborhood · Water

patio

Patio · Rear Porch · Side Porch

sewer

Aerobic Septic · Septic Tank

levels

One

cooling

Ceiling Fan(s) · Central Air

fencing

Back Yard · Fenced · Full · Gate · Wood · Wrought Iron

heating

Central

parking

Detached · Driveway · Garage · Garage Door Opener · Garage Faces Front · Kitchen Level · Paved · Private

exterior

Boat Dock - Private · Boat Lift · Boat Slip · Exterior Steps · Private Entrance · Private Yard

flooring

Tile

interior

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)

security

Carbon Monoxide Detector(s) · Secured Garage/Parking · Smoke Detector(s)

community

See Remarks

utilities

Electricity Connected · Propane · Underground Utilities · Water Connected

appliances

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

waterfront

Canal Front · Waterfront

water Source

Public

construction

See Remarks · Brick · Stone

accessibility

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

LOOK BELOW THE LISTING

A place has layers.
Start with the evidence.

Check mapped flood zones and regional geology, then turn the findings into better questions before you buy. Each source describes a different part of the picture.

311 Oleander Dr

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TAKE THE NEXT STEP

See how this home fits your life.

Ask about current availability, arrange a showing, or talk through the details with our local team.

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Listing source and permitted use

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Listings courtesy of Unlock MLS as distributed by MLS GRID.

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IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use may be subject to an end user license agreement prescribed by the applicable MLS. Any use or search other than by a consumer looking to purchase real estate is prohibited.

Based on information submitted to the MLS GRID as of Sep 15, 2026, 12:05 AM Central. 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.

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