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.
For sale
Price cut: $5K (8/17)
$505,000
1606 Playa Dr, Weslaco, TX 78596
10beds
8baths
3,950sqft
Quadruplex, Multi Family
Built in 2023
-- sqft lot
$498,100 Zestimate®
$128/sqft
$33/mo HOA
What's special
Modern finishesLow-maintenance materialsSpacious floor plans
- 118 days
- 5
- 0
Zillow last checked:
Listing updated:
Listed by:
Avinaash Nash Buxani 956-949-9337,
Winners Circle
Source: Greater McAllen AOR,MLS#: 509531
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
- Laundry: Laundry Room, Washer/Dryer Connection
Features
- Flooring: Tile
- Windows: Double Pane Windows
Interior area
- Total structure area: 3,950
- Total interior livable area: 3,950 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
- Carport spaces: 8
Features
- Patio & porch: Patio
- Exterior features: Sprinkler System
- Fencing: Wood
Lot
- Size: 10,149 Square Feet
- Features: Sidewalks
Details
- Additional structures: Outbuilding (None)
- Parcel number: T165000000001100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Ten Fifteen
HOA
- Has HOA: Yes
- HOA fee: $400 annually
- HOA name: streamline management
Location
- Region: Weslaco
Financial & listing details
- Price per square foot: $128/sqft
- Annual tax amount: $2,515
- Date on market: 7/13/2026
- Road surface type: Paved
Estimated market value
$498,100
$473,000 - $523,000
$1,083/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $505,000-1%$128/sqft |
Source: Greater McAllen AOR #509531 Report a problem | ||
| 8/10/2026 | Price change | $510,000-1%$129/sqft |
Source: Greater McAllen AOR #509531 Report a problem | ||
| 7/13/2026 | Listed for sale | $515,000$130/sqft |
Source: Greater McAllen AOR #509531 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78596
Nearby schools
Schools provided by the listing agent
- Elementary: Margo
- Middle: Cuellar
- High: Weslaco East H.S.
- District: Weslaco ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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