1500 Oleander

La Marque, TX 77568

$649,000
Price
2
Beds
—
Baths
6,600 Sq. Ft.
$98 / Sq. Ft.
6,600
Sq. Ft.
$98
per Sq. Ft.
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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...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.
  1. Listed by Hudson Holmes • TREC #0621647 • Brokerage DRE #0367022 • Joe Tramonte Realty, Inc.
    P: (409)-765-9837 hudson@tramonterealty.com
  2. Listed by Jeremy Douglas • TREC #0684790 • Brokerage DRE #0367022 • Joe Tramonte Realty, Inc.
    P: (850)-591-2090 C: (936)-701-6001 jeremy@tramonterealty.com

Property Details for 1500 Oleander

Subdivision Name
Norman & Boatright
LISTING UPDATED: 06/18/2026 01:55 PM

Property Details for 1500 Oleander

StatusActive
MLS #40844817
Days on Market17
Taxes$4,371 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1976
Lot Size0.13 AC / 5,532 SF
CountyGalveston County
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Location

Listing Courtesy of Joe Tramonte Realty, Inc., Hudson Holmes, TREC #0621647; Joe Tramonte Realty, Inc., Jeremy Douglas, TREC #0684790
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Building Information for 1500 Oleander

Stories2Residences8Year Built1976Building Size-Lot Size0.13 AC / 5,532 SF

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$3,598 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,234

Property Taxes

$364

HOA Dues

$0

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Property Information for 1500 Oleander

Summary
Location and General Information
  • Directions: From I-45, take Bayou Rd to Oleander Dr; turn right, the property will be on your right on the corner of Howell Ave.
  • MLS Area Major: 33
  • MLS Area Minor: La Marque
  • Unparsed Address: 1500 Oleander Drive
Taxes and HOA
  • Tax Annual Amount: $4,371
  • Tax Legal Description: ABST 150 J D MOORE SUR E 80 FT OF LOT 8 (8-0) BLK 3 NORMAN &
  • Tax Year: 2025
School Information
  • Elementary School: HAYLEY ELEMENTARY (TEXAS CITY)
  • Elementary School District: 52 - Texas City
  • High School: LA MARQUE HIGH SCHOOL
  • Middle Or Junior School: LA MARQUE MIDDLE SCHOOL
Property
Lot Information
  • Living Area: 6600.0
  • Living Area Source: Owner
  • Lot Size Acres: 5532.0
  • Lot Size Source: Appraiser
  • Lot Size Units: SquareFeet
Property and Assessments
  • New Construction YN: No
  • Parcel Number: 5345-0003-0008-000
  • Property Sub Type: MultiFamily
  • Property Type: Multi-Family, ResidentialIncome
  • Public Survey Section: 0
  • Year Built Source: PublicRecords
Interior and Exterior Features
Exterior Features
  • Pool Area: No
  • Roof: Composition
Interior Features
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 2
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Heating: Central, Electric
  • Heating YN: Yes
  • Levels: Two
  • Stories: 2
Room Information
Room Information
  • Human Modified YN: Yes
Multi Family
Income & Expenses
  • Operating Expense Includes: Insurance, Maintenance, RealEstateTax
Multi Family Information
  • Number Of Units Total: 8
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Type: TwoBedroom
  • Unit Type Units Total: 8

Property History for 1500 Oleander

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Listed (Active)

HARMLS #40844817

$649,000—
Jul 18, 2016

Sold

HARMLS #63660539

—
Jun 2, 2016

Option Pending

HARMLS #63660539

—
DateEvent & SourcePrice
06/18/2026

Listed (Active)

HARMLS #40844817

$649,000
07/18/2016

Sold

HARMLS #63660539

—
06/02/2016

Option Pending

HARMLS #63660539

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1500 Oleander

Taxable ValueLand$2,770Additions$341,930Total$344,700
Tax Record2023$1,663 ($139 / month)
Home Facts
Total Finished SqFt3,300 SqFtAbove Grade Finished SqFt3,300 SqFtStories2Lot Size5,532 SqFtStyleDuplexYear Built1976Year Renovated2016CountyGALVESTONAPN5345-0003-0008-000Fireplace TypeHas Fireplace

Schools near 1500 Oleander

This home is within Texas City Independent School District.
Rating
School
Type
Grades
Distance
Hayley Elementary School
Public - K to 5
Woodrow Wilson Daep
Public - 5 to 12
La Marque High School
Public - 9 to 12
La Marque Elementary School
Public - K to 5
Rating
School
Distance
Hayley Elementary School
PublicK to 5

Woodrow Wilson Daep
Public5 to 12

La Marque High School
Public9 to 12

La Marque Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1500 Oleander, La Marque, TX 77568

1500 Oleander is a multi-family home for sale in La Marque, TX 77568. This property was listed for sale on June 18, 2026 by Joe Tramonte Realty, Inc., it's currently listed at $649,000. It has been on the market for a total of 17 days and was last sold on July 18, 2016. This listing's school district is Texas City Independent School District. Nearby schools include Hayley Elementary School, Woodrow Wilson Daep and La Marque High School. 1500 Oleander is a 2-bed, 0-bath, 6,600 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Joe Tramonte Realty, Inc., Hudson Holmes, TREC #0621647; Joe Tramonte Realty, Inc., Jeremy Douglas, TREC #0684790

Copyright © 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.