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    Property profile & analytics

    1501 Westgate Dr Weslaco, TX 78599-3900

    • Turn key restaurants
    • 3,448 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US82-4504499
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jalisco Restaurant / Mexican Restaurant / Latin American Restaurant
    • Western Union / Money Order Service / Money Transfer Service

    Property Details for 1501 Westgate Dr

    Year built
    2003
    Lot size
    0.49 lot acres
    Property size
    3,448 SF
    Property type
    Turn key restaurants
    APN
    E8500-00-00C-0000-00
    APU
    E85000000C000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $455,000
      6.5%
      $510,000
      7%
      $505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $490,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $520,000
      Retail
      $550,000
      Mixed-Use
      $465,000
      Hospitality
      $560,000
      Educational
      $485,000
      Residential Income
      $435,000
      Energy
      $570,000
      Income-Based Land
      $415,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0074
    Latitude
    26.1751
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $11,753
    $278,070
    $181,091
    $459,161
    -
    $278,070
    $181,091
    $459,161

    Comparable in this City

    • Value Estimation by Request
      6,623 SF

      300 Expy 83

      RESTAURANT • 6,623 SF
      300 Expy 83, Weslaco, TX 78599-4332
      View Details
    • Value Estimation
      $480,000
      1,800 SF

      3506 Rodeo Dr

      RESTAURANT • 1,800 SF
      3506 Rodeo Dr, Weslaco, TX 78599-4209
      View Details
    • Value Estimation
      $455,000
      1,352 SF

      1302 Sugarcane Dr

      RESTAURANT • 1,352 SF
      1302 Sugarcane Dr, Weslaco, TX 78599-3886
      View Details
    • Value Estimation
      $360,000
      2,200 SF

      2517 Texas Blvd

      RESTAURANT • 2,200 SF
      2517 Texas Blvd, Weslaco, TX 78599-4045
      View Details
    • Value Estimation by Request
      13,063 SF

      3101 Expy 83

      RESTAURANT • 13,063 SF
      3101 Expy 83, Weslaco, TX 78599-9133
      View Details
    • Value Estimation
      $340,000
      1,460 SF

      2807 Texas Blvd

      RESTAURANT • 1,460 SF
      2807 Texas Blvd, Weslaco, TX 78599-8708
      View Details

    Similar Nearby for Sale

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      High-traffic corner lot, spacious restaurant.
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    • $750,000
      7,738 SF

      Restaurant Building in High Traffic Area

      Large restaurant with indoor and outdoor dining in Weslaco, TX.
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    • $999,000
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    • $980,000
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      Weslaco Commercial Warehouse Investment

      Prime 1.18-acre lot, high visibility
      4038 Expressway 83, Weslaco, TX 78599
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    • Contact for pricing
      12,600 SF

      Weslaco Retail Spaces Pre-Leasing

      New Class A retail center in Weslaco, Texas.
      2620 North International Blvd, Weslaco, TX 78599
      View Details
    • $350,000
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      Weslaco Retail Property - $350K

      Grocery Store, 3280 sq ft, 12 parking spaces
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      View Details
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    1501 Westgate Dr
    Weslaco, TX 78599-3900
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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