513 Oleander DR, Granite Shoals TX 78654
Granite Shoals, TX 78654 · Shady Acres
Single Family Residence for sale in Shady Acres
Overview
Property Description
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.
Financial Info
- Price
- $2,250,000
- $ / Sqft
- $774
- HOA
- Yes - Mandatory / $75 / Annually
- HOA Name
- Shady Acres
- HOA Includes
- See Remarks
- Tax Rate
- 1.26%
- Est. Taxes
- $24,634
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 513 Oleander DR
- County
- Burnet
- City
- Granite Shoals
- State
- TX
- Zip
- 78654
- Subdivision
- Shady Acres
- Legal Description
- S7530 SHADY ACRES LOT 157, SEC 2 & 0.13 AC ABS 530
- Parcel
- 38485
Interior Features
- Floor
- Tile, Wood
- Num Living
- 3
- Dining
- 1
- Kitchen
- Breakfast Bar, Eat-in Kitchen, Kitchen Island
- Appliances
- Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Dryer, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
- Laundry
- Inside, Laundry Room, Main Level
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Gas Log, Living Room
- Interior Features
- Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Quartz Counters, Crown Molding, Double Vanity, Electric Dryer Hookup, 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), Security Fence, Security System, Security System Owned, Smoke Detector(s), Double Pane Windows, Window Coverings
General Info
- Beds
- 4 Total / 1 Main Level / 3 Other Level
- Full / Half Baths
- 4 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 3
- Year Built
- 2020 / Resale
- Square Feet
- 2,906 / Public Records
- Garages
- 4
- Garage Desc
- Door-Multi, Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Rear
- Foundation
- Slab
- Roof
- Composition
- Construction
- HardiPlank Type, Stone
- Acres
- 0.29
- Lot Description
- Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level, Private, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Trees-Medium (20 Ft - 40 Ft), Views
- Restrictions
- City Restrictions, Deed Restrictions
- Flood Plain
- Yes-100 yr
- View
- Canal, Hill Country, Lake, Panoramic, Water
- Water Access
- Yes
- Waterfront
- Yes
- Area
- BU
Utility Info
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Propane, Water Connected
- Heat
- Propane
- A C
- Ceiling Fan(s), Electric, Wall/Window Unit(s)
Exterior Features
- Fence
- Fenced, Front Yard, Full, Gate, Wood
- Exterior Features
- Balcony, Barbecue, Boat Dock - Private, Boat Lift, Boat Slip, Uncovered Courtyard, Exterior Steps, Gas Grill, Gutters Full, Lighting, Outdoor Grill, Private Yard, Covered, Deck, Front Porch, Patio, Porch, Rear Porch
- Pool On Property
- No
- Area Amenities
- Fishing, Lake
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 5, 2026 | Price Decrease | $2,250,000−$50,000 (−2.2%) | −$50,000 (−2.2%) |
| Mar 6, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Marble Falls ISD
- Elementary
- Marble Falls
- Middle
- Marble Falls
- High
- Marble Falls
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$15,305 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $15,305
- Principal & interest
- $11,377
- Property taxes
- $2,053
- Homeowners insurance
- $1,875
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $1,800,000 | $20,119 | $116,408 | $1,779,881 | |
| 2 | $1,779,881 | $21,466 | $115,060 | $1,758,414 | |
| 3 | $1,758,414 | $22,904 | $113,623 | $1,735,510 | |
| 4 | $1,735,510 | $24,438 | $112,089 | $1,711,072 | |
| 5 | $1,711,072 | $26,075 | $110,452 | $1,684,998 | |
| 6 | $1,684,998 | $27,821 | $108,706 | $1,657,177 | |
| 7 | $1,657,177 | $29,684 | $106,842 | $1,627,492 | |
| 8 | $1,627,492 | $31,672 | $104,854 | $1,595,820 | |
| 9 | $1,595,820 | $33,793 | $102,733 | $1,562,027 | |
| 10 | $1,562,027 | $36,057 | $100,470 | $1,525,970 |
- Year 1$1,779,881
- Principal paid
- $20,119
- Interest paid
- $116,408
- Starting balance
- $1,800,000
- Year 2$1,758,414
- Principal paid
- $21,466
- Interest paid
- $115,060
- Starting balance
- $1,779,881
- Year 3$1,735,510
- Principal paid
- $22,904
- Interest paid
- $113,623
- Starting balance
- $1,758,414
- Year 4$1,711,072
- Principal paid
- $24,438
- Interest paid
- $112,089
- Starting balance
- $1,735,510
- Year 5$1,684,998
- Principal paid
- $26,075
- Interest paid
- $110,452
- Starting balance
- $1,711,072
- Year 6$1,657,177
- Principal paid
- $27,821
- Interest paid
- $108,706
- Starting balance
- $1,684,998
- Year 7$1,627,492
- Principal paid
- $29,684
- Interest paid
- $106,842
- Starting balance
- $1,657,177
- Year 8$1,595,820
- Principal paid
- $31,672
- Interest paid
- $104,854
- Starting balance
- $1,627,492
- Year 9$1,562,027
- Principal paid
- $33,793
- Interest paid
- $102,733
- Starting balance
- $1,595,820
- Year 10$1,525,970
- Principal paid
- $36,057
- Interest paid
- $100,470
- Starting balance
- $1,562,027
Nearby
Courtesy of RE/MAX HORSESHOE BAY RESORT SA · (830) 598-8726
Listings courtesy of ACTRIS as distributed by MLS GRID.