1626 Playa Dr Weslaco, TX 78596
This exceptional investment opportunity presents a brand-new, 2023-built, four-unit apartment complex located at 1626 Playa Drive, Weslaco, Texas, 78596. The property consists of two buildings situated on a spacious 10,149.044 square foot lot. Each of the four units is designed with contemporary finishes and energy-efficient features, ensuring both comfort and cost-effectiveness for tenants. The open floor plans, spacious kitchens, in-unit laundry facilities, and private outdoor spaces contribute to a high standard of living, attracting desirable tenants and maximizing rental income potential. The complex benefits from its location in a thriving neighborhood with convenient access to shopping, dining, and public transportation, further enhancing its appeal and ensuring strong tenant demand. The asking price for this turnkey investment is $490,000. This property offers a compelling opportunity for investors seeking a stable and profitable addition to their portfolio. Serious inquiries only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.