1634 Playa Dr Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1634 Playa Dr
- Year built
- 2023
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 1634 Playa Drive, Weslaco, Texas, 78596. Completed in 2023, this property boasts two 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units, all currently leased, providing immediate cash flow. Situated on a spacious 10,149.044 square foot lot within a gated community, this property offers residents a secure and desirable living environment. The buildings themselves are meticulously constructed and feature high-quality finishes throughout. Each unit is equipped with modern amenities including tile flooring, elegant quartz countertops, a full suite of kitchen appliances, and a convenient in-unit washer and dryer. The property's location in Weslaco, Hidalgo County, Texas, offers easy access to local amenities and services. With its strong rental income and desirable features, this fourplex represents a compelling investment opportunity for discerning buyers seeking a stable and profitable addition to their portfolio. The asking price for this turnkey property is $505,000. This is a rare chance to acquire a newly constructed, fully leased multifamily property in a thriving Texas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9574
- Latitude
- 26.1422