1506 Playa Dr Weslaco, TX 78596
- Apartment buildings
- 4,050 SF
Current Use by Public Records
- Apartment buildings
Property Details for 1506 Playa Dr
- Year built
- 2023
- Property size
- 4,050 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional fourplex in Weslaco, Texas presents a compelling investment opportunity. Built in 2023, this fully leased property boasts a prime location within a gated community, offering proximity to schools, shopping, and convenient expressway access. The property comprises two buildings, totaling 4,050 square feet on a 10,149.916 square foot lot. The four units are attractively designed with modern open-concept floor plans featuring wood-like tile throughout. Two units offer 2 bedrooms and 2 bathrooms, while the other two provide 3 bedrooms and 2 bathrooms. Each unit includes a private fenced backyard, stainless steel appliances, a washer and dryer, and ample closet space. The kitchens feature custom cabinets and modern quartz countertops. Master bedrooms are spacious, with large bathrooms featuring frameless glass showers. Eight carport spaces are available for residents. Tenants are responsible for their own utilities, ensuring a strong, immediate cash flow for the investor. The asking price is $485,000. This is a turnkey investment ready to generate immediate returns.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9575
- Latitude
- 26.1444