$478,000

1618 Playa Dr Weslaco, TX 78596

Estimated payment $3,700/month

Total Views 1,318
-- Bed
-- Bath
4,200 Sq Ft
$114 Price per Sq Ft

Highlights

  • Gated Community
  • Patio
  • Tile Flooring
  • Walk-In Closet
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Don't miss out on this exceptional opportunity! This recently constructed fourplex located in a gated subdivision features two spacious modern three-bedroom units, each with its own private fenced backyard, offering comfort and privacy for tenants and two spacious two-bedroom units with a private side patio. Refrigerator, stove, microwave, washer and dryer convey with each unit. Detached carports are available for each unit. Perfectly located midpoint in the Rio Grande Valley, this property provides easy access to Expressway 83 and is just minutes away from a wide array of restaurants and shopping centers—a highly desirable area for renters. Whether you're expanding your real estate portfolio or looking for a high-yield income property, this fourplex checks all the boxes for location, design, and rental potential.

Listing Agent

Gricelda Lugo

Keller Williams Realty Rgv Listed on: 06/24/2025

Keller Williams Realty Rgv

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,650

Year Built

  • Built in 2023

Lot Details

  • 10,149 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Siding

Interior Spaces

  • Walk-In Closet
  • 4,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Margo Elementary School
  • Cuellar Middle School
  • Weslaco East High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number T165000000000800

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Streamline Management Association
  • Ten Fifteen Subdivision

Building Details

  • Insurance Expense $3,000
  • Maintenance Expense $250
  • Gross Income $4,800

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,650

Year Built

Built in 2023

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: From Expressway 83 exit on 1015 International Blvd. Head South; continue to head south after Old Business 83. Turn left on Playa Dr. and left again on Playa Dr. The fourplex will be on your right side.
  • Year Built: 2023
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.233
  • Road Surface Type: Paved
  • Subdivision Name: Ten Fifteen
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 4800
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Living Area: 4200

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Brick, Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks, Street Lights
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Streamline Management
  • Association: Yes

Schools

  • Elementary School: Margo
  • High School: Weslaco East H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Cuellar

Lot Info

  • Lot Size Sq Ft: 10149.0444
  • Parcel #: T165000000000800

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12650

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 4800
  • Insurance Expense: 3000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $478,000 -6.3% $114 / Sq Ft
10/02/2023 10/02/23 Sold -- -- --
09/05/2023 09/05/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $510,000 -- $121 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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Source: Greater McAllen Association of REALTORS®

MLS Number: 474385

Greater McAllen Association of REALTORS®