1606 Playa Dr
Weslaco, TX 78596
- Studio
- 3,950 sqft
Studio
3,950 sqft
Local Information
-- mins to
Description
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.
Home Highlights
Parking
8 Carport Spaces
Outdoor
Patio
A/C
Heating & Cooling
HOA
$33/Monthly
Price/Sqft
$130
Listed
Less than a day ago
Home Details for 1606 Playa Dr
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Dimensions and Layout Living Area: 3950 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, WasherDryerLaundry: Laundry Room,Washer/Dryer ConnectionRefrigeratorWasher |
Heating & Cooling Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Has Heating Unspecified Type |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: CompositionPatio / Porch: PatioFencing: WoodOther Structures: Outbuilding (None)Exterior: Sprinkler SystemFoundation: SlabSprinkler System |
Parking & Garage Number of Carport Spaces: 8Number of Covered Spaces: 8Has a CarportNo GarageParking Spaces: 8Parking: No Garage |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 2023 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family |
Building Construction Materials: StuccoDoes Not Include Home Warranty |
Property Information Parcel Number: T165000000001100 |
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Price List Price: $515,000Price Per Sqft: $130 |
Status Change & Dates Possession Timing: Closing and Funding |
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MLS Status: Active |
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Direction & Address City: WeslacoCommunity: Ten Fifteen |
School Information Elementary School: MargoElementary School District: Weslaco ISDJr High / Middle School: CuellarJr High / Middle School District: Weslaco ISDHigh School: Weslaco East H.S.High School District: Weslaco ISD |
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Listing Agent Listing ID: 509531 |
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Building Area Building Area: 3950 Square Feet |
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Units in Building: 4 |
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HOA Name: streamline managementHas an HOAHOA Fee: $400/Annually |
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Lot Area: 10149.48 sqft |
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Mls Number: 509531 |
Last check for updates: about 2 hours ago
Listing courtesy of Avinaash Nash Buxani, (956) 949-9337
Winners Circle
Source: Greater McAllen AOR, MLS#509531
Also Listed on Greater McAllen AOR.
Market trends in Weslaco
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
297
12MoM
Price History for 1606 Playa Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 07/13/2026 | $515,000 | Listed For Sale | Greater McAllen AOR #509531 |
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Comparable Sales for 1606 Playa Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | - | 10/16/25 | 10 | 8 | 4,200 | |
0.22 | Multi-Family Home | - | 04/22/26 | 10 | 8 | 4,200 | |
0.22 | Multi-Family Home | - | 04/02/26 | 10 | 8 | 4,200 | |
0.22 | Multi-Family Home | - | 03/02/26 | 10 | 8 | 4,120 | |
0.27 | Multi-Family Home | - | 12/07/25 | 10 | 8 | 4,386 | |
0.32 | Multi-Family Home | - | 07/30/25 | 12 | 12 | 5,164 | |
0.78 | Multi-Family Home | - | 02/27/26 | 6 | 4 | 4,394 | |
0.65 | Multi-Family Home | - | 08/28/25 | 3 | 2 | 2,234 | |
0.29 | Multi-Family Home | - | 05/18/26 | 10 | 8 | - | |
2.60 | Multi-Family Home | - | 08/27/25 | 10 | 8 | 4,080 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1606 Playa Dr.
What Locals Say about Weslaco
At least 119 Trulia users voted on each feature.
91 % Say parking is easy
88 % Say yards are well-kept
82 % Say car is needed
78 % Say there's holiday spirit
70 % Say it's quiet
65 % Say they plan to stay for at least 5 years
60 % Say kids play outside
58 % Say it's dog friendly
50 % Say people would walk alone at night
47 % Say there are sidewalks
45 % Say streets are well-lit
42 % Say neighbors are friendly
28 % Say there's wildlife
27 % Say it's walkable to grocery stores
26 % Say there are community events
20 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Avinaash Nash Buxani, Winners Circle
Agent Phone: (956) 949-9337
Listing information is deemed reliable, but not guaranteed.
1606 Playa Dr, Weslaco, TX 78596 is a studio, 3,950 sqft multi-family built in 2023. This property is currently available for sale and was listed by Greater McAllen AOR on Jul 13, 2026. The MLS # for this home is MLS# 509531.

