About 1606 Playa Drive
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.
Features of 1606 Playa Drive
| MLS® # | 509531 |
|---|---|
| Price | $505,000 |
| Square Footage | 3,950 |
| Acres | 0.23 |
| Year Built | 2023 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1606 Playa Drive |
|---|---|
| Subdivision | Ten Fifteen |
| City | Weslaco |
| County | Hidalgo |
| State | TX |
| Zip Code | 78596 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Sprinkler System |
|---|---|
| Lot Description | Sidewalks |
| Windows | Energy Features (Double Pane Windows) |
| Roof | Composition Shingle |
| Construction | Stucco |
| Foundation | Slab |
School Information
| District | Weslaco ISD |
|---|---|
| Elementary | Margo |
| Middle | Cuellar |
| High | Weslaco East H.S. |
Additional Information
| Date Listed | July 13th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 400 |
| HOA Fees Freq. | Annually |
Listing Details
| Agent | Avinaash Nash Buxani |
|---|---|
| Office | WINNERS CIRCLE |
| Contact Info | 956-949-9337 |