LKV Realty
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$649,000
$3,400Reward *
1500 Oleander Drive, La Marque, TX 77568Listing ID 40844817

1500 Oleander Drive, La Marque, TX 77568

Active
Norman & Boatright
Time on site: 56 daysLast updated: Jun 18, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Bedrooms
Bedrooms
2
Square Feet
Square Feet
6,600
Days on Site
Days on Site
55
Cooling
Cooling
Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
1976
Stories
Stories
2

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.

Property Information

Property Details

Location

Address
1500 Oleander Drive
County
Galveston
City
La Marque
Zip Code
77568
Subdivision
Norman & Boatright
School District
52 - Texas City
High School
LA MARQUE HIGH SCHOOL
Elementary School
HAYLEY ELEMENTARY (TEXAS CITY)
MLS Area
33

Interior Features

Beds and Baths

Bedrooms
2

Building

Building Information

Square Feet
6,600
Year Built
1976
Stories
2
Roof
Composition

Property Taxes

Tax Annual Amount
$4,371
Tax Year
2025
Joe Tramonte Realty, Inc., (409) 765-9837

Market Report for 77568

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Houston REALTORS® Information Services, Inc.
Houston REALTORS® Information Services, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026 Houston Realtors Information Services, Inc. All information provided should be independently verified.

For corrections to this data please contact Brytecore MLS Support.

HHolmes • jcdouglas