$485,000
$4K PRICE DROP

1626 Playa Dr Weslaco, TX 78596

Estimated payment $3,668/month

Total Views 2,746
-- Bed
-- Bath
4,200 Sq Ft
$115 Price per Sq Ft

Highlights

  • Gated Community
  • Slab Porch or Patio
  • Tile Flooring
  • Double Pane Windows
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Fantastic investment opportunity! This modern fourplex presents a prime investment opportunity in an excellent neighborhood. Featuring four units with contemporary finishes and energy-efficient features, each unit offers an open floor plan, a spacious kitchen, and private outdoor spaces. With its close proximity to shopping and dining, this fully leased property ensures both convenience and strong rental demand, making it a smart addition to any investment portfolio. Don't miss out on this opportunity!

Listing Agent

Jaime Lee Gonzalez

Keller Williams Realty RGV Listed on: 01/31/2025

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,856

Year Built

  • Built in 2023

Lot Details

  • 10,149 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $42 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • No Garage
  • Front Facing Garage

Outdoor Features

  • Slab Porch or 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 T165000000000600

Community Details

Overview

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

Additional Features

  • Gross Income $56,100
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,856

Year Built

Built in 2023

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: Headed East on Interstate Hwy 2 Exit International Blvd, turn right passing Business 83 turn left on Playa Dr and a quick right on Playa Dr. Property will be on the right hand 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
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Special Features: NewHome
  • Stories: 1

Interior Features

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

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Microwave
  • Fencing: Wood
  • Lot Features: Curb & Gutters, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick, Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front, Detached, No Garage
  • 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: Curbs, Gated, Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • 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: San Isidro ISD
  • Middle Or Junior School: Cuellar

Lot Info

  • Lot Size Sq Ft: 10149.0444
  • Parcel #: T165000000000600

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11856

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 56100

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
04/02/2025 04/02/25 Price Changed $485,000 -0.8% $115 / Sq Ft
01/31/2025 01/31/25 For Sale $489,000 -- $116 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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Source: Greater McAllen Association of REALTORS®

MLS Number: 460377

Greater McAllen Association of REALTORS®