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1606 Playa Drive, Weslaco, TX 78596

Weslaco
Local realty services provided by:CENTURY 21 Johnston Company
1606 Playa Drive,Weslaco, TX 78596
$505,000
  • - Beds
  • - Baths
  • 3,950 sq. ft.
  • Multi-family
  • Active
Listed by: avinaash buxani
Office: winners circle
MLS#:509531
Source:TX_GMAR

Price summary

  • Price:$505,000
  • Price per sq. ft.:$127.85
  • Monthly HOA dues:$33.33

About this home

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.

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Home facts

  • Year built:2023
  • Listing ID #:509531
  • Added:108 day(s) ago
  • Updated:October 30, 2026 at 05:12 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
  • Living area:3,950 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition Shingle
  • Year built:2023
  • Building area:3,950 sq. ft.
  • Lot Features:Sidewalks
  • Construction Materials:Stucco
  • Exterior Features:Sidewalks, Sprinkler System
  • Foundation Description:Slab

Schools

  • High school:Weslaco East H.S.
  • Middle school:Cuellar
  • Elementary school:Margo

Utilities

  • Water:Electric Water Heater
  • Sewer:City Sewer

Finances and disclosures

  • Price:$505,000
  • Price per sq. ft.:$127.85
  • Tax amount:$2,515

Features and amenities

  • Appliances:Refrigerator, Stove/Range-Electric Smooth, Washer
  • Laundry features:Dryer, Laundry Room, Washer, Washer/Dryer Connection
  • Amenities:Dryer, Sprinkler System

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