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
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
Jeffrey Whitespeare
Founder/Owner
SQFT • 6,600