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Alberto Sanchez Vega

SANETI Real Estate

alberto@sanetirealty.com +1(956) 215-1125

Listed by The Agency Austin, LLC

$ 3,100,000

Save

New

1500 Westgate DR Weslaco, TX 78596

11,428 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,428 sqft

Subdivision Villas Of San Angel

MLS Listing ID 473238

HOA Y/N No

Year Built 2021

Annual Tax Amount $14,445

Tax Year 2024

Lot Size 2.914 Acres

Acres 2.9142

Property Sub-Type Multi Family

Source Greater McAllen

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.

Location

State TX

County Hidalgo

Community Curbs, Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Dryer, Microwave, Washer

Heating Central

Cooling Central Air

Flooring Tile

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

Laundry Laundry Closet

Exterior

Exterior Feature Mature Trees

Fence Chain Link

Community Features Curbs, Sidewalks, Street Lights

View Y/N No

Roof Type Composition Shingle

Garage No

Building

Lot Description Cul-De-Sac

Faces 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

Story 1

Foundation Slab

Sewer City Sewer

Structure Type Frame/Wood

New Construction No

Schools

Elementary Schools Memorial

Middle Schools Central

High Schools Weslaco H.S.

Others

Tax ID V385000000000100

Security Features Smoke Detector(s)