1500 Oleander Drive, Houston, Texas 77568
$649,000
2 Beds
0 Full Baths
Multi-Family
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About 1500 Oleander Drive
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.
Highlights
1500 Oleander Drive
$649,000
Multi-Family
6,600 Home Sq Ft
Houston 77568
2 Beds
5,532 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
534500030008000
Tax Rate
2.2073%
Taxes w/o Exemption/Yr
$4,371 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Heating
Electric
Cooling
Electric
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
Joe Tramonte Realty, Inc.
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Hayley Elem (Texas City) | Elementary | None of 10 |
| La Marque Middle | Middle | 2 of 10 |
| La Marque High | High | 2 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
