Homes for Sale/Galveston County/La Marque/Norman & Boatright
Active MLS #40844817 · 97 days on market

1500 Oleander Drive

La Marque, TX 77568
Subdivision  ·  Norman & Boatright
List Price
$649,000
$98/SF · 29.8% below neighborhood median
Beds
2
Baths
0
Sq Ft
6,600
Built
1976
Lot
5,532 sf
County
Galveston
Tax Rate
0.67%

Schools

§ 03
District
Elementary HAYLEY EL C
Middle LA MARQUE MIDDLE SCHOOL N/R
High LA MARQUE H S CCMR 74% · Grad 80% D
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

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.

Features

§ 02

Interior

  • Heat: Central
  • Heat: Electric
  • Cool: Central Air
  • Cool: Electric

Exterior & lot

  • Roof: Composition

Community

Not provided

Property Details

§ 03 · Full MLS record

Property

Property Type Residential Income
Property Sub Type Multi Family
Year Built 1976
Year Built Source PublicRecords
New Construction No

Building

Stories 2
Levels Two
Living Area 6,600 sq ft
Living Area Source Owner
Building Area Total 6,600 sq ft
Roof Composition

Rooms & Baths

Bedrooms 2
Bathrooms (total) 0

Lot

Lot Size (sq ft) 5,532
Lot Size Source Appraiser

Location

County Galveston
MLS Area Major 33
MLS Area Minor La Marque
Subdivision Norman & Boatright
Postal Code 77568

Utilities

Heating Central, Electric
Cooling Central Air, Electric

Taxes, Terms & Disclosures

Tax Annual Amount $4,371
Tax Year 2025
Tax Rate (est.) 0.67%
Parcel # 5345-0003-0008-000
Legal Description ABST 150 J D MOORE SUR E 80 FT OF LOT 8 (8-0) BLK 3 NORMAN &

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$4,261
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$3,897 Property tax$364 Homeowners insuranceTBD
Subtotal (P&I + Tax) $4,261

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
2.2073%
ALL 6 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
→ stable
School
1.15%
→ stable
City
→ stable
County
0.32%
→ stable
Other districts
0.73%
→ stable

HOA & Community

§ 05
● HOA details
ANNUAL
Association name Management co. Website Phone Cert on filepending
● Community amenities
place_of_worship
Neighborhood Missionary Baptist Church · 0.1mi
First United Methodist Church · 0.3mi
First United Methodist Church of Lamarque · 0.3mi
grocery
Circle K · 0.7mi
Shopper's Mart · 0.8mi
SK Quick Mart - Citgo · 1.4mi
park
Lagana Park · 0.7mi
Jaycee Park · 1.0mi
Bayou Park · 1.2mi
veterinary
Animal Alliance of Galveston County · 0.7mi
Neighborhood Veterinary Centers - La Marque · 1.1mi
VCA Mainland Animal Hospital · 2.7mi
restaurant
McDonald's · 0.7mi
Subway · 2.2mi
Louis' Bait Camp & Restaurant · 2.3mi
post_office
United States Postal Service · 0.9mi
United States Postal Service · 3.3mi
United States Postal Service · 3.6mi

Broadband & Connectivity

§ 06
Broadband not mappedWe have not yet resolved FCC provider data for this block.

Environmental Risk

§ 08
X
FEMA Zone
Zone X · Minimal risk
Outside 100-year and 500-year floodplains. No flood insurance required by lender.
PANEL 48167C SFHA NO SOURCE 48167C_STUDY1
🌡 Heat days >95°F
6 days/yr above 95°F
Plus 0 days above 100°F. NOAA station records, 2016-2025 average.
💨 30-day air quality
AQI 44 · Good
Average daily AQI for the 30 days ending 2026-02-28. EPA AQS county monitors. Higher = worse.
🌵 Drought (current)
D1 · Moderate
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
7 comparable sales nearby · sold median $140/SFAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Norman & Boatright
TIER: SUBDIVISION
Subdivision name (MLS)Norman & Boatright City · ZIPLa Marque · 77568 CountyGalveston Listings in subdivision57 Active now2 Sold (last 12 mo)2 Curated amenities60
● Year-built distribution
1975s 1 1995s 1

Fire Protection

§ 11
Nearest station
La Marque Fire Department
Distance
0.7 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48167722800 · ACS 2023
Median HH income
$46,429
ACS 2023
Median home value
$157,800
Census self-report
Owner-occupied
47%
1,245 housing units
Bachelor's+
19%
Adults 25+
Median age
38.1
Population 2,766
Work from home
3%
of commuters
Commute 45min+
13%
of commuters
Below poverty
25.1%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
1500 Oleander Drive, La Marque, TX 77568
Galveston County · 29.36°N, 94.97°W
place_of_worship
Neighborhood Missionary Baptist Church
0.1 mi · 5 within 2 mi
grocery
Circle K
0.7 mi · 4 within 2 mi
park
Lagana Park
0.7 mi · 5 within 2 mi
veterinary
Animal Alliance of Galveston County
0.7 mi · 2 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Jun 18, 2026 Listed $649,000 Hudson Holmes
Dec 31, 1975 Built
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Hudson Holmes · Joe Tramonte Realty, Inc.
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Jun 18, 2026.
MLS# 40844817 · LIST DATE: Jun 18, 2026 · PARCEL: 5345-0003-0008-000
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 23, 2026, 10:44 PM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity