La Marque, TX 77568 1500 Oleander Drive
$649,000



10 more










Presented By: Joe Tramonte Realty, Inc.;
Home Details
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.
Presented By: Joe Tramonte Realty, Inc.;
Interior Features for 1500 Oleander Drive
Bedrooms
Total Bedrooms2
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourceOwner
Air Conditioning Y/NYes
Heating Y/NYes
General for 1500 Oleander Drive
CityLa Marque
CoolingCentralAir, Electric
CountryUS
CountyGalveston
DirectionsFrom I-45, take Bayou Rd to Oleander Dr; turn right, the property will be on your right on the corner of Howell Ave.
Elementary SchoolHAYLEY ELEMENTARY (TEXAS CITY)
Elementary School District52 - Texas City
HeatingCentral, Electric
High SchoolLA MARQUE HIGH SCHOOL
High School District52 - Texas City
Legal DescriptionABST 150 J D MOORE SUR E 80 FT OF LOT 8 (8-0) BLK 3 NORMAN &
LevelsTwo
Lot Size UnitsSquareFeet
MLS Area33
MLS Area MinorLa Marque
Middle/Junior High SchoolLA MARQUE MIDDLE SCHOOL
Middle/Junior School District52 - Texas City
ModificationTimestamp2026-06-18T18:55:02.480-00:00
New ConstructionNo
Number Of Units Total8
Occupancy TypeTenant
PostalCityLa Marque
Property SubtypeMultiFamily
Property TypeResidentialIncome
RoofComposition
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNorman & Boatright
Tax Annual Amount4371
Tax Year2025
Year Built1976
Year Built SourcePublicRecords
Exterior for 1500 Oleander Drive
Building Area Total6600
Lot Size Area5532
Lot Size SourceAppraiser
Additional Details
Price History



SQFT • 6,600