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1606 Playa Drive

Weslaco, TX 78596
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Bed --

Bed

Bath 0

Bath

SqFt3,950

Sqft

SqFt10,149.04

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $515,000

AD Id : 88006297

MLS Id : 509531

Lot Size : 10,149.04 Sqft

Living Area Size : 3,950

Year Built : 2023

County : Hidalgo

Subdivision: Cedar Glen Ests

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Feature Features

  • Flooring Information

    Tile
  • Interior Features

    Appliances: Range, Cooktop, Electric Water Heater, Dryer, Refrigerator, Washer Laundry Features: Laundry Room, Washer Hookup Window Features: Insulated Windows, Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2023 Building Area Total: 3950 Construction Materials: Stucco Stories: 1 Patio And Porch Features: Patio Private Pool: No Association Fee Frequency: Annually

  • Lot Information

    Main Square Feet: 10149.0444 Square Feet Lot Size Acres: 0.233 Lot Size Square Feet: 10149.0444

    Property Information

    Subdivision: Ten Fifteen Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 3

  • Listing Price Information

    Listing Price: $515000

  • Tax Information

    Parcel Number: T165000000001100 Tax Year: 2025 Annual Tax: $2515

  • Parking Information

    Parking Total: 8 No Garage
    Homeowners Association Information
    Has Association: Yes HOA: $400.00

  • School Information

    Elementary School: Margo
    Junior High School: Cuellar
    Senior High School: Weslaco East H.S.
  • Location Information

    Direction: 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. Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
800 Oriole Road, Weslaco, TX, 78596 $479,000 -- -- 4,080 4,080 SqFt
1322 Beverly Avenue, Weslaco, TX, 78596 $520,000 -- -- 4,200 4,200 SqFt
1401 Beverly Avenue, Weslaco, TX, 78596 $468,000 -- -- 4,052 4,052 SqFt
3209 Briggs Road, Weslaco, TX, 78596 $474,900 -- -- 4,175 4,175 SqFt
612 Oriole Road, Weslaco, TX, 78596 $479,000 -- -- 4,080 4,080 SqFt
3131 Stark Road, Weslaco, TX, 78596 $489,000 -- -- 4,226 4,226 SqFt
3121 Briggs Road, Weslaco, TX, 78596 $499,000 -- -- 4,398 4,398 SqFt
2813 Charlie Road, Weslaco, TX, 78596 $479,000 -- -- 3,726 3,726 SqFt
700 Oriole Road, Weslaco, TX, 78596 $469,999 -- -- 4,080 4,080 SqFt
2701 Robin Road, Weslaco, TX, 78596 $500,000 -- -- 4,578 4,578 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater McAllen Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/22/2026 @ 03:18

MLS: 509531 LISTED BY: , WINNERS CIRCLE SOURCE: Greater McAllen Association of REALTORS

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