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1606 Playa Drive

Weslaco, TX 78596
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Just listedJust listed
3,950 Sqft
0.23 Lot Acres
Multi-Family

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Description

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.

MLS#
GMARTX-509531
List Price
$515,000 ($130/Sqft.)
Listing Status
For Sale
Address
1606 Playa Drive
City
Weslaco
State
TX
Zip Code
78596
County
Hidalgo County
Subdivision
Ten Fifteen
Property Type
Multi-Family
Garages
8 / Appraisal District
Stories
1
Building Size
3,950 Sqft/Appraisal District
Year Built
2023 /Appraisal District
Lot Size
0.23 Lot Acres/Appraisal District

Exterior

Roof
Composition
Exterior Type
Stucco
Parking
None
Sprinkle System
Yes
Dock
Yes
Exterior
Sprinkler System

Interior

Cooling
Central Air
Heating
Central
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer

Lot Information

Lot Size
0.23 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Listing Broker

Information source

Greater McAllen Association of Realtors®
Source last updated Jul 16, 2026 at 10:20 AM
Listing last updated Jul 13, 2026 at 05:20 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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