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Days55Days on Market
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$489,000

1631 PLAYA DR, WESLACO, TX, 78596

On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,200 Sq Ft
Multi FamilyMulti Family
price_per_sqft$116.43 / sqft
Year BuiltBuilt in 2023

About this property

Exceptional investment opportunity in Weslaco, TX! This well-maintained fourplex offers a versatile unit mix featuring spacious 3-bedroom, 2-bath and 2-bedroom, 2-bath layouts. Each unit provides approximately 1,000 square feet of comfortable living space, thoughtfully designed with clean finishes and modern touches that give the property a fresh, almost-new feel. With functional floor plans, attractive interiors, and strong rental appeal, this property is ideal for investors looking to expand their portfolio or secure steady income in a growing area. A solid asset with excellent potential—don't miss this opportunity.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

Interested in this property?

Maggie Harris

KELLER WILLIAMS REALTY RIO GRANDE VALLEY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: WESLACO

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1631 PLAYA DR | Property Details | No Agent List