About 1500 Westgate Drive
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.
Features of 1500 Westgate Drive
| MLS® # | 473238 |
|---|---|
| Price | $3,100,000 |
| Square Footage | 11,428 |
| Acres | 2.91 |
| Year Built | 2021 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1500 Westgate Drive |
|---|---|
| Subdivision | Villas Of San Angel |
| City | Weslaco |
| County | Hidalgo |
| State | TX |
| Zip Code | 78596 |
Amenities
| Parking | No Carport, No Garage, Other Garage or Carport |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet |
| Community Amenities | Curbs, Sidewalks, Street Lights |
Interior
| Interior Features | Ceiling Fan(s), Dryer, Microwave, Washer |
|---|---|
| Appliances | Electric Water Heater, Electric Cooktop, Disposal, Dryer, Refrigerator, Washer |
| Heating | Central |
| Cooling | Central Air |
| Total # of Units | 24 |
| # of Buildings | 7 |
Exterior
| Exterior Features | Mature Trees |
|---|---|
| Lot Description | Cul-De-Sac |
| Roof | Composition Shingle |
| Construction | Frame/Wood |
| Foundation | Slab |
School Information
| District | Weslaco ISD |
|---|---|
| Elementary | Memorial |
| Middle | Central |
| High | Weslaco H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Annual Tax | $14,445 |
| Property Insurance | $24,000 |
| Gross Income | $23,575 |
| HOA Association | No |
Listing Details
| Agent | Myra Caridad García |
|---|---|
| Office | The Agency Austin, LLC |
| Contact Info | 956-648-6456 |