1500 Oleander Drive
La Marque, TX 77568
2
Bed
0
Bath
6,600Sqft
0.13Acre(Lot)
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 propert
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2 -
Roofing Information
Composition -
Interior Features
Roof: Composition -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 1976 Building Area Total: 6600 Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.127 Acres Lot Size Acres: 0.127 Lot Size Square Feet: 5532Property Information
Subdivision: Norman & Boatright Source Property Type: Residential Income Property SubType: Multi Family Property Age: 50
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Listing Price Information
Listing Price: $649000
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Tax Information
Parcel Number: 534500030008000 Tax Year: 2025 Annual Tax: $4371 Tax Legal Desc: ABST 150 J D MOORE SUR E 80 FT OF LOT 8 (8-0) BLK 3 NORMAN &
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School Information
Elementary School: Hayley Elementary (Texas City)Junior High School: La Marque Middle SchoolSenior High School: La Marque High School -
Location Information
Direction: From I-45, take Bayou Rd to Oleander Dr; turn right, the property will be on your right on the corner of Howell Ave.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 358 Demolay Street, La Marque, TX, 77568 | $175,000 | -- | -- | 5,040 | 5,040 SqFt |
| 2324 Cedar Drive, La Marque, TX, 77568 | $425,000 | -- | 4 | 2,842 | 2,842 SqFt |
Similar Multifamily To 1500 Oleander Drive
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ByOwner last updated this listing 06/19/2026 @ 13:14
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