1500 WESTGATE DRIVE, WESLACO, TX 78596
Homes for sale in Weslaco.
Homes for sale in 78596.
1500 Westgate Drive
Weslaco, TX 78596
List Price$2,980,000
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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