$2,980,000

1500 Westgate Drive, Weslaco, TX 78596

  • 11,428 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2021
  • Property Lot Size Icon2.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $261/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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.

Listing Status:
Active
Listing Office:
The Agency Austin, LLC : 512-607-5113
Listing Agent:
Myra Caridad Garcia : 956-648-6456
MLS ID:
473238
  • General: Ceiling Fan(s)DryerMicrowaveWasher
  • Appliances: Electric Water HeaterElectric CooktopDisposalDryerRefrigeratorWasher
  • Laundry: Laundry Closet
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central
  • Eco/Green Feature: Thermostat
  • General: Mature TreesOutbuilding (None)
  • Parking: No CarportNo GarageOther Garage or Carport
  • Roofing: Composition Shingle
  • General: Frame/Wood1Slab
  • Road/Access: Paved
  • HOA Amenities: 0.0
  • Originating MLS: Greater McAllen
  • School District: Weslaco ISD
  • County: Hidalgo
  • Zoning: V385000000000100
  • Fencing: Chain Link
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Myra Caridad Garcia, The Agency Austin, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Memorial Elementary School

1700 S Border Ave, Weslaco, TX, 78596

Grades PK-5

0.48 miles away

C

Central Middle School

506 E 6th St, Weslaco, TX, 78596

Grades 6-8

1.48 miles away

W

Weslaco 21st Century Cte Early College High School

700 S Bridge Ave, Weslaco, TX, 78596

Grades 9-12

1.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.