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Listed by Myra Garcia • The Agency Austin
$ 3,100,000
Est. payment /mo
New
1500 WESTGATE DR. Weslaco, TX 78596
2.91 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment (10+)
Listing Status Active
Purchase Type For Sale
MLS Listing ID 29767340
Year Built 2021
Lot Size 2.910 Acres
Property Sub-Type Apartment (10+)
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
Area Weslaco
Interior
Interior Features Ceiling Fan(s), Smoke Alarm(s)
Heating Central
Flooring Tile
Exterior
Exterior Feature Slab
Parking Features Other
Fence Chain Link
Community Features None
Building
Story One
Foundation Slab
Sewer Public Sewer
Schools
Elementary Schools Memorial
Middle Schools Central
High Schools Weslaco
School District Weslaco I.S.D.
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other