See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2016 Magnolia Dr, La Marque, TX, 77568

2beds
1baths
768sqft
$140,000
$182price/sqft
$1,149/moest. monthly cost
$45,960/yrincome needed

About This Home

Investor Special! This updated 2-bedroom, 1-bath home in La Marque is tenant-occupied and producing immediate rental income—ideal for your next portfolio addition. Featuring durable vinyl flooring, neutral tones, and a bright open-concept layout, the interior offers modern appeal with minimal maintenance. The stylish kitchen includes stainless steel appliances, updated counters, and contemporary cabinetry. Tenants enjoy a large yard, off-street parking, and a quiet neighborhood with mature trees. With easy access to I-45, this property is conveniently located just minutes from Galveston beaches, Texas City industry, and Houston employment centers.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

3/10
Hayley Elementary SchoolGrades K-50.2 mi
3/10
La Marque High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Block & Beam
  • Roof: Composition
  • Construction materials: Cement Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Double Oven,Microwave,Electric Range,Dishwasher
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 768
  • Total interior livable area: 768 sqft

Kitchen

  • Features: Breakfast Bar,Pantry,Soft Closing Drawers

Master Bathroom

  • Features: Primary Bath: Tub/Shower Combo

Property

Details

  • Parcel number: 277500081100009

Features

  • Stories: 1
  • Fencing: Back Yard

Lot

  • Lot size: 5,227 sqft
  • Features: Other,0 Up To 1/4 Acre

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Lightning
Tornado
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $707$8,484
Home Insurance *$82$984
Property Taxes $122$1,464
Electricity $238$2,859
Total$1,149$13,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,394/yr
40% on housing$34,470/yr
45% on housing$30,640/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 77568$130
Galveston County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 77568$147
Galveston County$165

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-17Price change$140,000
2025-09-14Listed for sale$150,000
2025-09-02Listing removed$1,200
2025-08-30Listing removed$165,000
2025-08-19Price change$1,200
2025-07-19Listed for rent$1,350
2025-07-19Listing removed$1,350
2025-07-11Listed for rent$1,350
2023-05-31Listing removed--
2023-05-30Listing removed--
2023-05-23Listed for rent$1,250
2023-05-09Price change$164,000
2023-04-26Listed for sale$165,000

For Sale by Agent

AgentGreg Sasser
BrokerageCB&A, Realtors- Southeast

Similar Homes