Rare investment opportunity in a growing market. Add eight income-producing units to your residential leasing portfolio at less than $82,000 per door. Consisting of two well-maintained fourplexes, this property offers affordability, stability, and long-term upside. The units are easy to lease due to competitive rental rates and a location convenient to major employment centers. Easy access to I-45, off-street paved parking, and a practical layout support strong tenant demand. Positioned to benefit from continued regional growth, the property offers an attractive entry point below replacement cost. Low-maintenance construction and straightforward management make it ideal for investors seeking dependable cash flow and future appreciation. Located outside the 100-year flood plain, the property offers added confidence and reduced ownership risk.
Based on the average sale price from the Katy, TX office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1500 Oleander Drive La Marque, TX is a Single Family Home for sale at $649000 with 6600 sqft and a lot size of Acre(s). 1500 Oleander Drive La Marque has 2 bedrooms, 0 baths and was built in 1976. The property's zip code is 77568 which is in La Marque, TX
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.