1500 WESTGATE DRIVE, WESLACO, TX 78596

Homes for sale in Weslaco.

Homes for sale in 78596.


1500 Westgate Drive

Weslaco, TX 78596

Status of the property has changed, please contact for details

List Price$2,980,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #473238

11,428

Square Feet

24

Number of Units

Multi-Unit Residential

Type

About This Property

Outstanding investment opportunity in the rapidly growing Mid-Valley region! This 24-unit garden-style apartment community is ideally located in Weslaco, just minutes from major employers, medical facilities, schools, and retail corridors. The property is comprised of multiple low-density buildings situated on a well-maintained site, offering spacious layouts and excellent curb appeal. * Excellent location with strong tenant demand * Opportunity for significant increase NOI through rent adjustments * Located in a market with growing population and infrastructure development * Rare portfolio-size property in a stable, established community * Immediate access to I-2/Expwy 83 and minutes to Harlingen or McAllen This is a turnkey investment with stable income and significant long-term upside. Ideal for local or out-of-area investors seeking cash flow, appreciation, and portfolio diversification.

Property Features

Location Information

County

Hidalgo

Directions

Merge onto I-2/US-83 East from McAllen. Continue east for approximately 13 miles. Take the exit for Westgate Drive (County Road 109) toward Weslaco. At the exit, turn right (south) onto South Westgate Drive. Drive about 0.5 miles south--1500 S Westgate Drive will be on your right side, just past the local shopping corridor along I-2/Expressway 83

Subdivision

Villas Of San Angel

Interior Features

Interior

Ceiling Fan(s), Dryer, Microwave, Washer

Laundry

Laundry Closet

Heating

Central

Appliances

Electric Water Heater, Electric Cooktop, Disposal, Dryer, Refrigerator, Washer

Cooling

Central Air

Total Number of Units

24

Floors

Tile

Features

Curbs, Sidewalks, Street Lights

Exterior Features

Construction

Frame/Wood

Parking Spaces

0

Exterior

Mature Trees

Fencing

Chain Link

Foundation

Slab

Patio / Deck Description

Patio

Roof

Composition Shingle

Lot Description

Cul-De-Sac

Possession

Closing and Funding

Lot Size in Acres

2.914

Septic or Sewer

City Sewer

Lot Size in Sq. Ft.

126,942

Security Features

Smoke Detector(s)

Buildings

Outbuilding (None)

Parking Description

No Carport, No Garage, Other Garage or Carport

Energy Features

Thermostat

Garage Spaces

0

Road Description

Paved

School

Elementary School District

Weslaco ISD

Middle School

Central

Elementary School

Memorial

High School

Weslaco H.S.

Additional Information

Property Type

RI

Units in Complex

7

Property SubType

Multi Family

Taxes

14445

Year Built

2021

Tax Year

2024

APN

V385000000000100

Square Feet Source

HidalgoCAD

Status

Option

Similar Listings

Mortgage Calculator

$13,916

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$10,738

Monthly Tax

$2,483

Monthly Insurance

$695

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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