Address
1500 Oleander Drive, La Marque, TX
Price
$ 649,000
Property Attributes
- MLS#40844817
- TypeSingle Family
- Listing Status Active
- CountyGalveston
- CityLa Marque
- Area33 La Marque
- NeighborhoodNorman & Boatright
- Zip77568
- Style
- Year Built1976
- Taxes$ 4371
- Price$ 649,000
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6600
Data Source:
Houston Association of REALTORS® (HAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| HAYLEY ELEMENTARY (TEXAS CITY) Elementary School | LA MARQUE MIDDLE SCHOOL Middle School | LA MARQUE HIGH SCHOOL High School |
| Price History | |
|---|---|
| 6/18/2026 | Listed $649,000 |
General Features
| 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
Property vs Single Family Average in 77568
Price
Taxes
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated Last updated on September 20, 2026 6:52 PM UTC The listing information on this page last changed on Last updated on September 20, 2026 6:52 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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.
Updated on September 20, 2026 6:52 PM UTC
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Information provided courtesy of LERA MLS. IDX information is provided exclusively 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. Information is believed to be accurate but not guaranteed. Provided courtesy of LERA MLS. Copyright 2026 LERA MLS, All Rights Reserved. Data last updated September 20, 2026 7:26 PM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
