NOT LISTED FOR SALE

1622 Playa Dr Progreso Lakes, TX 78596

-- Bed
-- Bath
4,200 Sq Ft
10,150 Sq Ft Lot

Last Sold May 26, 2023

85 Days on Market

Highlights

  • Double Pane Windows
  • Tile Flooring
  • Ceiling Fan
  • Laundry closet
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of May 2023

New construction fourplex in Weslaco Texas! Property has two modern brick buildings with 4 rental income units; two units of 3 bed/2 bath & two units of 2 bed/2 bath & 8 carport spaces. Each unit will have quartz countertops, frameless shower doors, conveying appliances & tile flooring. Property is located near many amenities in the heart of Weslaco and minutes away from the Expressway!!! Don't miss out on this opportunity!

Last Agent to Sell the Property

Jacqueline Luna

Red & Co Realty Services Listed on: 12/28/2022

Last Buyer's Agent

Julie Cerda

Century 21 Johnston Company

Century 21 Johnston Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 2022

Lot Details

  • 10,150 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

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

Interior Spaces

  • Split Bedroom Floorplan
  • 4,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

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 T165000000000700

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Reyna's Family Development Association
  • Ten Fifteen Subdivision

Building Details

  • Insurance Expense $2,300
  • Maintenance Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,260

Year Built

Built in 2022

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Directions: From the Expressway 83, drive South on International Blvd. Turn left on Camino de Verdad Rd then left on Playa Dr. Property will be on the left side.
  • Year Built: 2022
  • 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
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4200
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee: 160
  • Association Fee Frequency: Annually
  • Association Name: Reyna's Family Development
  • 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: 10149.9156
  • Parcel #: T165000000000700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2260

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Insurance Expense: 2300

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold -- -- --
03/24/2023 03/24/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $525,000 -- $125 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Luna

    Seller's Agent in 2023

    Jacqueline Luna

    Red & Co Realty Services

    (956) 342-9207

    1 in this area

    5 Total Sales

    Jacqueline Luna
    Section Image
  • Julie Cerda

    Buyer's Agent in 2023

    Julie Cerda

    Century 21 Johnston Company

    (956) 792-1179

    14 in this area

    47 Total Sales

    Julie Cerda
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 395662

Greater McAllen Association of REALTORS®
Texas Hidalgo County Progreso Lakes 78596

1622 Playa Dr, Progreso Lakes, TX

Not Listed for Sale

MultiFamily

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