1606 PLAYA DRIVE, WESLACO, TX 78596
Homes for sale in Weslaco.
Homes for sale in 78596.
List Price$515,000
1606 Playa Drive
Weslaco, TX 78596
Listing #509531
3,950
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Turnkey investment opportunity offering immediate cash flow in one of Weslaco's established rental markets. This fully occupied fourplex generates $5,025 per month ($60,300 annually) with long-term tenants already in place, making it an ideal addition to any investment portfolio. Built only a few years ago, the property features modern finishes, durable construction, spacious floor plans, and low-maintenance materials designed to maximize long-term returns. Located in a well-established neighborhood with strong rental demand, this asset provides investors with stable income from day one. Whether you're completing a 1031 exchange, expanding your rental portfolio, or purchasing your first multifamily investment, this property checks every box.
Property Features
Location Information
County
Hidalgo
Directions
From the Expressway, Exit 160, head right on the ramp for FM-1015 toward Intl Blvd. Turn right onto S International Blvd / FM-1015. Arrive at S International Blvd / FM-1015 on the left.
Subdivision
Ten Fifteen
Interior Features
Heating
Central
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Cooling
Central Air
Total Number of Units
4
Floors
Tile
Windows/Doors Description
Energy Features (Double Pane Windows)
Laundry
Laundry Room, Washer/Dryer Connection
Exterior Features
Construction
Stucco
Parking Spaces
8
Exterior
Sprinkler System
Fencing
Wood
Foundation
Slab
Patio / Deck Description
Patio
Roof
Composition Shingle
Lot Description
Sidewalks
Possession
Closing and Funding
Lot Size in Acres
0.233
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
10,149
Security Features
Smoke Detector(s)
Buildings
Outbuilding (None)
Parking Description
No Garage
Road Description
Paved
Garage Spaces
0
School
Elementary School District
Weslaco ISD
Middle School
Cuellar
Elementary School
Margo
High School
Weslaco East H.S.
Additional Information
Property Type
RI
HOA Fee
$400
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2023
Taxes
2515
APN
T165000000001100
Tax Year
2025
Status
Active
Square Feet Source
HidalgoCAD
Units in Complex
4
Similar Listings
Mortgage Calculator
$2,404
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,855
Monthly Tax
$429
Monthly Insurance
$120
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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