1606 Playa Drive, Weslaco, TX 78596
- $505,000
- 3,950
- SqFt
- List Price
- $505,000
- Status
- ACTIVE
- Price Change
- ▼ $5,000 1787000707
- MLS#
- 509531
- Year Built
- 2023
- Living Area
- 3,950
- Lot Size
- 10,149
- Acres
- 0.23
- Subdivision
- Ten Fifteen
- MLS Area Major
- Weslaco
Property 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.
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Additional Information
- Exterior Features
- Sprinkler System
- Taxes
- $2,515
- HOA Fee
- $400
- HOA Frequency
- Annually
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 1
- Foundation
- Slab
- Parking Features
- No Garage
- School District
- Weslaco ISD
- Elementary School
- Margo
- Middle School
- Cuellar
- High School
- Weslaco East H.S.
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Listing courtesy of Avinaash Nash Buxani with Winners Circle