1500 Oleander Drive La Marque, TX $ 649,000
1500 Oleander Drive
$ 649,000
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1500 Oleander Drive

La Marque, TX, 77568
$ 649,000
Bedrooms2 Baths0.0 Sq 6,600

Monthly Estimate*

$ 4,098

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Multi-Family Home for sale in La Marque, TX

for $649,000 with 2 bedrooms. This 6,600 square foot home was built in 1976.

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.

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Multi-Family Active

Price

$ 649,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 4,371

Style

Year Built

1976

Town/City

La Marque

County/Region

Galveston

MLS | Web ID

40844817

Features
General
Heating Central Electric
Cooling Central Air Electric
Roof Composition
Year Built 1976
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
County Galveston
New Construction false
Property Type Residential Income
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.
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 Square Feet
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 Public Records
Legal Description ABST 150 J D MOORE SUR E 80 FT OF LOT 8 (8-0) BLK 3 NORMAN &
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Size Area 5532
Building Area Total 6600
Lot Size Source Appraiser
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* Excluded Features
List By
Joe Tramonte Realty, Inc.

Broker

hudson@tramonterealty.com

Email

Affordability Calculator

$4,462
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,098
Monthly Property Taxes
$364
Monthly Home Insurance
--
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.
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Nearby
0 Elementary School
0 Middle School
LA MARQUE HIGH SCHOOL High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$649,000 Listed Price

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1500 Oleander Drive, La Marque, TX, 77568 is a Multi-Family Home for sale at $649,000 with 6,600 sqft. 1500 Oleander Drive has 2 bedrooms, 0.0 baths, and was built in 1976. The property's zip code is 77568 which is in La Marque, TX