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.
For sale
$649,000
1500 Oleander Dr, La Marque, TX 77568
2beds
0baths
6,600sqft
Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$98/sqft
$-- HOA
What's special
- 79 days
- 29
- 3
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#: 40844817
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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $649,000$98/sqft |
Source: | ||
| 1/16/2026 | Listing removed | $1,050 |
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| 12/23/2025 | Price change | $1,050-4.5% |
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| 12/3/2025 | Price change | $1,100-8.3% |
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| 11/21/2025 | Listed for rent | $1,200 |
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| 11/21/2025 | Listing removed | $1,200 |
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| 10/30/2025 | Listed for rent | $1,200-4.8% |
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| 6/30/2025 | Listing removed | $1,260 |
Source: Zillow Rentals Report a problem | ||
| 11/14/2024 | Price change | $1,260+26% |
Source: Zillow Rentals Report a problem | ||
| 9/24/2024 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 9/11/2024 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 9/6/2024 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 7/4/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/25/2024 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 6/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/29/2024 | Price change | $1,000-9.1% |
Source: Zillow Rentals Report a problem | ||
| 4/5/2024 | Price change | $1,100-8.3% |
Source: Zillow Rentals Report a problem | ||
| 10/31/2023 | Price change | $1,200-4% |
Source: | ||
| 8/15/2023 | Listed for rent | $1,250+25% |
Source: Zillow Rentals Report a problem | ||
| 12/31/2020 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 6/3/2020 | Price change | $1,000+11.1% |
Source: Go Section8 Report a problem | ||
| 4/7/2020 | Listed for rent | $900 |
Source: Go Section8 Report a problem | ||
| 10/22/2019 | Listing removed | $900 |
Source: Go Section8 Report a problem | ||
| 9/17/2019 | Price change | $900+2.9% |
Source: Go Section8 Report a problem | ||
| 9/5/2019 | Listed for rent | $875 |
Source: Go Section8 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 77568
Nearby schools
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.






