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Burnet 78654
513 Oleander DR
$2,250,000
↓ $50K (2.2%)
● House - For Sale

513 Oleander DR

Granite Shoals, TX 78654
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,906 Ft²
$13,107
Est. Monthly
$6
HOA / Fees

About This Property

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.
Unit Size
2,906 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$774
Property Type
House
Property Taxes
$2,053
HOA Dues
$6
Year Built
2018

Listed By

Chad Thibodeaux
Chad Thibodeaux
RE/MAX Horseshoe Bay Resort Sales Co.

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Last updated: 5 months ago (Unlock MLS #ACT3094448)

Price History

Date / Event Date Event Price
Jun 6, 2026 Price Decreased $2,250,000
↓ $50K (2.2%)
Price Decreased
Mar 6, 2026 Listed by RE/MAX HORSESHOE BAY RESORT SA $2,300,000
Listed by RE/MAX HORSESHOE BAY RESORT SA
Sep 24, 2023 No longer available -
No longer available
Sep 8, 2023 In contract -
In contract
Jun 5, 2023 Price Decreased $2,445,000
↓ $50K (2%)
Price Decreased
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Property Highlights

Garage
Fireplace
With View
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Rear, Door-Multi
Garage Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), Quartz Counters, Interior Steps, Multiple Living Areas, Primary Bedroom on Main, Stackable W/D Connections
Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, RNGHD
Flooring Type: Tile, Wood
Has Fireplace
Fireplace Features: Gas Log, Living Room
Fireplaces: 1
Exterior Details
Square Footage: 2906
Square Footage Source: $0
Green Sustainability
Security Features: Security Fence, Security System, Security System Owned, Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2020
Waterfront Features: Lake Front, Waterfront
Waterbody Name: Lake LBJ
Levels: Three Or More
Other Structures: Outdoor Kitchen, Shed(s), Storage
Window Features: Double Pane Windows, Window Coverings
Construction Materials: HardiPlank Type, Stone
Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch
Pool Features: None
Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level, Private, Sprinklers In Rear, Sprinklers In Front, Wooded, Views, Sprinkler - Automatic
Lot Size Area: 12588.84
Lot Size Units: Square Feet
Lot Size Acres: 0.289
Lot Size Square Feet: 12588.84
Water Source: Public
Financial Details
Tax Map Number: 157
Tax Assessed Value: $1,950,000
Tax Annual Amount: $24,634
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Wall/Window Unit(s)
Heating Type: Propane
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA/Condo/Coop Amenities: Boat Dock
HOA Fee: $75
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,188
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 83
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 830
  • Total Building Area: 4,094
  • Gross Building Area: 4,094
  • Building Area: 2,906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,906
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADY ACRES
  • Land Acres: 0000000002
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: S7530 SHADY ACRES LOT 157, SEC 2 & 0.13 AC ABS 530

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960502

Geography

  • Parcel: 38485
  • Lot: 157
  • Municipality: GRANITE SHOALS
  • Latitude: 30.6073
  • Longitude: -98.3909

    Address

  • Full Address: 513 Oleander Dr
  • Address - House Number: 513
  • Address - Street Name: Oleander
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Marble Falls
  • Carrier Code: R001
  • 4-Digit Zip Code: 8202
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,676,269
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 2,002,758
  • High Value: 2,546,365
  • Low Value: 1,459,150

    Market Valuation

  • Market Total Value: $1,473,736
  • Market Land Value: $437,250
  • Market Improvement Value: $1,036,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,473,736
  • Assessed Land Value: $437,250
  • Assessed Improvements Value: $1,036,486

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9035
  • Previous Sale Recording Date: Jul 13, 2023
  • Previous Sale Contract Date: Jul 13, 2023
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burnet


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Nearby Rentals

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$2,200 /mo

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  • 2 Baths
  • 1,581 ft²
215 Flamingo Cir, Highland Haven, TX, 78654 Listing by Kenneth Van Slyke


Frequently Asked Questions

When was property at 513 Oleander Drive built and last sold?
The property at 513 Oleander Drive was built in 2018 and last sold on Sep 7, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 513 Oleander Drive is $2,080,350.
What are some comparable homes to 513 Oleander Drive?
There are currently no comparable homes to 513 Oleander Drive.