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$3,100,000

NAL Estimated Property Value

1500 WESTGATE DR., WESLACO, TX, 78596

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths11,428 Sq Ft
price_per_sqft$271.26 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

About this property

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.

Investor Tools

Property Icon
$3,100,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,100,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,600 /month
Positive
Cash Flow Estimate:
$6,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: WESLACO

1500 WESTGATE DR. | Property Details | No Agent List