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For sale
    • $649,000

    1500 Oleander Dr, La Marque, TX 77568

    2beds
    0baths
    6,600sqft
    : 
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    Multi Family
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    $98/sqft
    $-- HOA

    What's special

    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.
    31 days
    |
    55
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hudson Holmes TREC #0621647 409-765-9837,

    Joe Tramonte Realty, Inc.,

    Jeremy Douglas TREC #0684790 850-591-2090,

    Joe Tramonte Realty, Inc.

    Source: HAR,MLS#: 40844817MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 0
      Heating
      • Electric
      Cooling
      • Electric
      Interior area
      • Total structure area: 6,600
      • Total interior livable area: 6,600 sqft

      Property

      Features
      • Stories: 2
      Lot
      • Size: 5,532 Square Feet
      Details
      • Parcel number: 534500030008000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1976

      Community & HOA

      Community
      • Subdivision: Norman & Boatright
      Location
      • Region: La Marque

      Financial & listing details

      • Price per square foot: $98/sqft
      • Tax assessed value: $155,000
      • Annual tax amount: $4,371
      • Date on market: 6/18/2026
      • Lease term: 1 Year

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,327/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$649,000$98/sqft
        Source: HAR #40844817 Report a problem
        1/16/2026Listing removed$1,050
        Source: HAR #29206141 Report a problem
        12/23/2025Price change$1,050-4.5%
        Source: HAR #29206141 Report a problem
        12/3/2025Price change$1,100-8.3%
        Source: HAR #29206141 Report a problem
        11/21/2025Listed for rent$1,200
        Source: HAR #29206141 Report a problem
        11/21/2025Listing removed$1,200
        Source: HAR #17487879 Report a problem
        10/30/2025Listed for rent$1,200-4.8%
        Source: HAR #17487879 Report a problem
        6/30/2025Listing removed$1,260
        Source: Zillow Rentals Report a problem
        11/14/2024Price change$1,260+26%
        Source: Zillow Rentals Report a problem
        9/24/2024Listed for rent$1,000
        Source: Zillow Rentals Report a problem
        9/11/2024Listing removed$1,000
        Source: Zillow Rentals Report a problem
        9/6/2024Listed for rent$1,000
        Source: Zillow Rentals Report a problem
        7/4/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/25/2024Listed for rent$1,000
        Source: Zillow Rentals Report a problem
        6/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/29/2024Price change$1,000-9.1%
        Source: Zillow Rentals Report a problem
        4/5/2024Price change$1,100-8.3%
        Source: Zillow Rentals Report a problem
        10/31/2023Price change$1,200-4%
        Source: HAR #48849214 Report a problem
        8/15/2023Listed for rent$1,250+25%
        Source: Zillow Rentals Report a problem
        12/31/2020Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        6/3/2020Price change$1,000+11.1%
        Source: Go Section8 Report a problem
        4/7/2020Listed for rent$900
        Source: Go Section8 Report a problem
        10/22/2019Listing removed$900
        Source: Go Section8 Report a problem
        9/17/2019Price change$900+2.9%
        Source: Go Section8 Report a problem
        9/5/2019Listed for rent$875
        Source: Go Section8 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2023$1,663 -6.8%$155,000
        2022$1,785 -10.9%$155,000
        2021$2,002 +0.6%$155,000 +2.8%
        2020$1,989 +9.9%$150,830 +0.6%
        2019$1,810 -62.4%$150,000 +7%
        2018$4,814 $140,150 -19.9%
        2017$4,814 +249.5%$175,000 +250%
        2016$1,377 +8.3%$50,000 -64.9%
        2015$1,272 -65.2%$142,530
        2014$3,654 $142,530
        2013-- $142,530
        2012-- $142,530
        2011-- $142,530
        2010-- $142,530
        2009-- $142,530
        2008-- $142,530 +20.3%
        2007-- $118,490 -28%
        2006-- $164,600 +124.3%
        2005-- $73,390
        2004-- $73,390
        2003-- $73,390
        2002-- $73,390
        2001-- $73,390
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 77568

        Getting around

        17 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hayley Elementary (Texas City)
        • Middle: La Marque Middle School
        • High: La Marque High School

        Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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