1500 Westgate Drive Weslaco, TX $ 2,980,000
1500 Westgate Drive
$ 2,980,000
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1500 Westgate Drive

Weslaco, TX, 78596
$ 2,980,000
Baths0.0 Sq 11,428

Monthly Estimate*

$ 18,348

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View a Virtual Tour
Studio

Multi-Family Home for sale in Weslaco, TX

for $2,980,000. This 11,428 square foot home was built in 2021 on a lot size of 2.9142.

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.

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Multi-Family Pending

Price

$ 2,980,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,445

Style

Multi Family

Lot Size

2.9142

Year Built

2021

Town/City

Weslaco

County/Region

Hidalgo

MLS | Web ID

473238

Features
General
Sewer City Sewer
Possession Closing and Funding
HOA Fee 0
Property Subtype Multi Family
Tax Year 2024
Community Features Curbs Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Villas Of San Angel
Status Pending
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
High School Weslaco H.S.
City Weslaco
High School District Weslaco ISD
Lot Size Units Acres
Lot Size Square Feet 126942.9876
Elementary School Memorial
Tax Annual Amount 14445
Home Warranty Y/N false
Middle/Junior High School Central
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District Weslaco ISD
Elementary School District Weslaco ISD
Legal Description VILLAS OF SAN ANGEL LOT 1 - AMENDED
Freehold BBO VOW IDX
Living Area 11428
Cooling Central Air
Roof Composition Shingle
Appliances Electric Water Heater Electric Cooktop Disposal Dryer Refrigerator Washer
Garage Spaces 0
Construction Materials Frame/Wood
Year Built 2021
Stories Count 1
New Construction false
Energy Efficient Thermostat
Garage Y/N false
Carport Spaces 0
Carport Y/N false
Year Built Source Seller
Heating Central
Patio/Porch Features Patio
Insurance Expense 24000
Security Features Smoke Detector(s)
Other Structures Outbuilding (None)
Gross Income 23575
MaintenanceExpense 6000
Number Of Units Total 24
Virtual Tour https://drive.google.com/file/d/1uv5lKC2wW6Mza6ypI6LZHUcdfFZtw-ZY/view?usp=sharing
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Interior
Interior Amenities Ceiling Fan(s) Dryer Microwave Washer
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Closet
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Exterior
Lot Size Area 2.9142
Lot Size Acres 2.9142
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Cul-De-Sac
Fencing Chain Link
Exterior Amenities Mature Trees
Parking Features No Carport No Garage Other Garage or Carport
Total Parking 0
Foundation Details Slab
Building Area Total 11428
Lot Dimensions 230' x 551.92'
Covered Spaces 0
Pool YN false
Number of Separate Water Meters 24
Number of Buildings 7
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* Excluded Features
List By
Myra Caridad García

Listing Agent

The Agency Austin, Llc

Broker

myra@m2propertygroup.net

Email

Affordability Calculator

$19,552
Per Month
94%
6%
0%
Monthly Principal & Interest
$18,348
Monthly Property Taxes
$1,204
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1204212 Elementary School
1204331 Middle School
Weslaco H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$2,980,000 Listed Price

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1500 Westgate Drive, Weslaco, TX, 78596 is a Multi-Family Home for sale at $2,980,000 with 11,428 sqft and a lot size of 2.9142. 1500 Westgate Drive is a studio with 0.0 baths and was built in 2021. The property's zip code is 78596 which is in Weslaco, TX