$500,000
$10K PRICE DROP

1622 Playa Dr Progreso Lakes, TX 78596

Weslaco Area

Estimated payment $3,837/month

Total Views 2,860
10 Beds
8 Baths
3,950 Sq Ft
$127 Price per Sq Ft

Highlights

  • Walk-In Closet
  • Electric Gate
  • Tile Flooring
  • Sam Houston Elementary School Rated 9+
  • Laundry closet
  • Central Heating and Cooling System

About This Home

This well-maintained 4-plex is an outstanding investment opportunity in the growing city of Weslaco, TX! Ideally situated near highway 83 and 1015, shopping centers, dining, and other local conveniences. The property offers a gated community for the comfort and convenient lifestyle for tenants.

The building includes two 3-bedroom units and two 2-bedroom units, all currently fully leased. Each unit features a spacious floor plan with inviting living spaces, practical kitchens supplied with appliances, and welcoming livingrooms.
3 BR /2 BA - $1,200
2 BR / 2 BA - $1,050

With it's excellent location, strong rental appeal, this 4-plex is a great opportunity for investors or buyers interested in occupying one unit while generating rental income from the others. Don’t miss your chance to own property in this growing, high-demand area!

Listing Agent

Roxanne Morales

Formal Realty, Llc Listed on: 06/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,621

Year Built

  • Built in 2023

Lot Details

  • 10,150 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Apartment
  • Slab Foundation
  • Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 3,950 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage
  • Electric Gate

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Reyna's Family Development Association
  • Ten Fifteen Subdivision

Listing and Financial Details

  • Assessor Parcel Number T165000000000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,621

Year Built

Built in 2023

Lot Details

10,150 Sq Ft Lot

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: 2023
  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.233
  • Road Surface Type: Paved
  • Subdivision Name: Ten Fifteen
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 8
  • Total Bedrooms: 10
  • Flooring: Tile
  • Living Area: 3950
  • Window Features: Window Coverings (Other)
  • Master Bedroom Features: Walk-In Closet(s)

Exterior Features

  • Exterior Features: Motorized Gate, Other
  • Interior Amenities: Countertops (Other), Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: Privacy, Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Stone, Stucco
  • Foundation Details: Slab
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front

Utilities

  • Laundry Features: Laundry Area
  • 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: Sidewalks, Street Lights
  • 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

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12621

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2026 09/14/26 Price Changed $500,000 -2.0% $127 / Sq Ft
06/09/2026 06/09/26 For Sale $510,000 -2.9% $129 / Sq Ft
05/26/2023 05/26/23 Sold -- -- -- View Prior Sale
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®

Source: Greater McAllen Association of REALTORS®

MLS Number: 504891

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

1622 Playa Dr, Progreso Lakes, TX

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site 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.

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Roxanne Morales
Listing Agent
Roxanne Morales
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Formal Realty, Llc
(956) 477-3128
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