4 bed, 4 bath, 2,906 sqft on 0.29 acres in Granite Shoals. Granite Shoals, TX 78654. $2,250,000. Marble Falls ISD.
About This Home
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.
513 Oleander Drive in Granite Shoals sits on a peninsula jutting into Lake LBJ, giving you water access in nearly every direction from this 2,906-square-foot lakefront home built in 2020. This is your basecamp for serious water time.
The boat dock setup is built for action. You get a private slip with electric lift, PWC ramps, and room to tie up multiple watercraft. Launch in minutes and stay out as long as you want. The home itself backs directly onto the water, so you're loading gear, fueling up, and pushing off without the logistics nightmare of a public launch.
Inside, the design flows for people who live outside. Twenty-foot Fleetwood sliding doors open the main living area directly onto lake views and outdoor patio space. The kitchen island gives you a command center for meal prep before heading out or fueling up after a full day. Four full baths and one half bath mean the crew can get ready without bottlenecking. The primary suite sits on the main level with patio access, so you can step straight out to water views. Upstairs, guest suites and a "Bird's Nest" lookout room give your crew space to crash.
Storage matters when you're an active household. The 4-car garage covers your vehicles, the lower-level 1,200-square-foot conditioned space works as a game room or second living area when weather pulls you inside, and built-in storage throughout keeps gear organized. Quartz counters, stainless steel appliances, and smart thermostat mean you're not fighting the house. It just works.
Located in Granite Shoals subdivision, 513 Oleander sits in the Marble Falls ISD zone. Marble Falls downtown is minutes away for dining and shopping when you need it, but the cul-de-sac lot keeps things quiet and private. The 0.289-acre property is landscaped and level, with automatic sprinklers handling the maintenance so you're not stuck doing yard work when conditions are good on the water.
At $2.30M ($791 per square foot), this is a waterfront property built for people who measure their weekends in hours on the lake, not errands run.
The numbers behind this insight
- Offered at
- $2,250,000
- Listed
- March 6, 2026
- Price changes
- Reduced, down 2.2% from $2,300,000
- Asking price per sq ft
- $774
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $595 per sq ft over the trailing 12 months (390 sales), as of November 10, 2026.
- Property Type
- Residential
- Year Built
- 2020
- Lot Size
- 0.29 acres
- Price / Sq Ft
- $774
- HOA
- $75/year
- Garage
- 4 spaces
Listing information last updated November 5, 2026.
Listed by RE/MAX HORSESHOE BAY RESORT SA
MLS# 3094448 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Quartz Counters
- Crown Molding
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Recessed Lighting
- Smart Thermostat
- Stackable W
- D Connections
- Storage
- Walk-In Closet(s)
- Built-In Gas Oven
- Built-In Gas Range
- Dishwasher
- Disposal
- Dryer
- Microwave
- RNGHD
- Refrigerator
- Stainless Steel Appliance(s)
- Washer
- Dryer Stacked
- Tile
- Wood
- Heating
- Propane
- Cooling
- Ceiling Fan(s),Electric,Wall/Window Unit(s)
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Barbecue
- Boat Dock - Private
- Boat Lift
- Boat Slip
- Uncovered Courtyard
- Exterior Steps
- Gas Grill
- Gutters Full
- Lighting
- Outdoor Grill
- Private Yard
- Hardi
- Plank Type
- Stone
- Back Yard
- Cul-De-Sac
- Front Yard
- Landscaped
- Level
- Private
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Fenced
- Front Yard
- Full
- Gate
- Wood
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Porch
- Rear Porch
- Roof
- Composition
- Lot Size
- 0.29 Acres
- Door-Multi
- Driveway
- Electric Gate
- Garage
- Garage Door Opener
- Garage Faces Front
- Garage Faces Rear
- Garage Spaces
- 4
- Lake Front
- Waterfront
Financial
- HOA Fee
- $75 / year
- Original List Price
- $2,300,000
- Price per Sq Ft
- $774
Utilities
- Electricity Connected
- Propane
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 513 Oleander DR, whoever represented it.
- ActiveListed 2026Current price: $2,250,000Original list: $2,300,000MLS 3094448
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,250,000
- Original list
- $2,300,000
- Price movement
- $50K reduction
- Listed / DOM
- Mar 6, 2026 · 249 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $894,532
- Assessment Year
- 2025
- Year Built
- 2022
- Parcel ID
- R-15-4220-030D-0050
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-6.1% | — | $840,343 | $174,000 | $666,343 |
2025 | — | $894,532 | $174,000 | $720,532 |
Virtual Tour

Zoned Schools
Marble Falls ISD
Marble Falls
Marble Falls
Marble Falls
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-11-05T23:19:32.658+00:00; normalized from annual dues.
Illustrative down payment
20% ($450K)
Adjustable assumption - not a lending recommendation.
Home price
$2,250,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Granite Shoals pricing, timing, and property scale. No automated valuation claim.
List price
$2,250,000
Price per sqft
$774/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
249 days
Original to current
$50K reduction
$2.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 5, 2026.
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