1500 Oleander Drive

La Marque, TX
$ 649,000 Beds 2 Baths 0 Sq 6,600
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 649,000
  • City
  • La Marque
  • Bedrooms
  • 2
  • Full Bathrooms
  • 0
  • County
  • Galveston
  • Half Bathrooms
  • 0
  • Area
  • 33 La Marque
  • Lot Size
  • Zip
  • 77568
  • Sqr Footage
  • 6,600
  • Year Built
  • 1976
  • Taxes
  • $ 4371
  • Style
  • MLS#
  • 40844817
Listed By: Joe Tramonte Realty, Inc.;
Data Source: Houston Association of REALTORS® (HAR)

Features

General

Country US
Heating Central,Electric
Cooling CentralAir,Electric
Roof Composition
Year Built 1976
Stories Count 2
Levels Two
Property Subtype MultiFamily
Tax Year 2025
County Galveston
New Construction false
Property Type ResidentialIncome
Subdivision Name Norman & Boatright
Status Active
Directions From I-45, take Bayou Rd to Oleander Dr; turn right, the property will be on your right on the corner of Howell Ave.
ModificationTimestamp 2026-06-18T18:55:02.480-00:00
High School LA MARQUE HIGH SCHOOL
City La Marque
High School District 52 - Texas City
Number Of Units Total 8
MLS Area 33
Lot Size Units SquareFeet
Elementary School HAYLEY ELEMENTARY (TEXAS CITY)
Tax Annual Amount 4371
Middle/Junior High School LA MARQUE MIDDLE SCHOOL
MLS Area Minor La Marque
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District 52 - Texas City
Elementary School District 52 - Texas City
Year Built Source PublicRecords
PostalCity La Marque
Legal Description ABST 150 J D MOORE SUR E 80 FT OF LOT 8 (8-0) BLK 3 NORMAN &

Interior Features

Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
LivingAreaSource Owner

Exterior Features

Lot Size Area 5532
Building Area Total 6600
Lot Size Source Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Katy, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Schools

Elementary School HAYLEY ELEMENTARY (TEXAS CITY) Elementary School
Middle School LA MARQUE MIDDLE SCHOOL Middle School
High School LA MARQUE HIGH SCHOOL High School

Price History

6/18/2026 Listed $649,000

Property vs Zip Code Average in 77568

Price
AVG $320K
$650K
Taxes
AVG $6,632
$4,371
Year Built
AVG 2010
1976

Areas That We Cover

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.