$649,000

Monthly Est:$3,230

  • Beds Icon2 Beds
  • Beds Icon
    -- Bath
  • Beds Icon6,600sqft

1500 Oleander Dr, La Marque, TX 77568

$3,230/moEst:

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  • Multi Family

  • Built in 1976

  • $-- HOA

  • 0.13 acre lot

  • $98/sq.ft

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....

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  • Houzeo last checked: 14 minutes ago
  • Listing updated: June 18, 2026 at 6:47 pm
  • Listing Provided by: Hudson Holmes (140) 976-59837 , Jeremy Douglas | Joe Tramonte Realty, Inc. (409) 765-9837
  • Source: Houston Association of Realtors | MLS#: 40844817 Houston Association of Realtors

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Galveston County

  • City

    La Marque

  • Neighborhood

    --

  • Year Built

    1976

  • HOA Fees

    -

  • Finished Area

    6,600 sqft

  • Lot Size

    0.13 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Houston Association of Realtors

  • MLS Number

    40844817

  • MLS Status

    Active

  • Days on Market

    114

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathroom: --

Interior

  • Heating

    Electric

  • Cooling

    Electric

Construction

  • Year Built

    Year Built: 1976

  • Home type

    Multi Family

  • Roof

    Composition

Other Features

  • Disclosures

    Tenant Occupied

  • Subdivision Name

    Norman & Boatright

Price History

DateEventPrice

06/18/2026

Price Increased

$649,000 +53983.33%

$98/sqft

Source: mls_logoHouston Association of Realtors #40844817

11/21/2025

Listed for Sale

$1,200 +14.29%

$0/sqft

Source: mls_logoHouston Association of Realtors #29206141

11/21/2025

Off Market

$1,050 +5.00%

$0/sqft

Source: mls_logoHouston Association of Realtors #29206141

04/13/2024

Price Decreased

$1,000 -98.45%

$0/sqft

Source: mls_logoHouston Association of Realtors #48849214

06/02/2014

Price Decreased

$64,500 -81.57%

$10/sqft

Source: mls_logoHouston Association of Realtors #21908442

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Based on information from the Houston Realtors® Information Service or its MLS through Oct 10, 2026, 04:45PM. IDX feed of MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non commercial use. MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing, and the MLSdata is not guaranteed accurate by the MLS. All information provided should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026, Houston Realtors Information Service, Inc. All Rights Reserved

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