1001 E OWASSA ROAD, EDINBURG, TX 78542
Homes for sale in Edinburg.
Homes for sale in 78542.
List Price$2,500,000
1001 E Owassa Road
Edinburg, TX 78542
Listing #513599
18,200
Square Feet
28
Number of Units
House
Type
About This Property
Rare opportunity: a 28-unit duplex portfolio built in 2016, among the newest workforce housing product to hit the Edinburg market. Fourteen concrete block and stucco duplex buildings, each unit a 2BD/1BA with its own carport and private driveway and stainless steel appliances. Individually metered electric (28 meters) -- tenants pay their own power; owner covers water/sewer through a single master meter. Unbeatable location directly in front of IDEA Public Schools and seconds from Expressway 281, with immediate access to the Edinburg--McAllen--Mission employment corridor. Durable, low-maintenance construction keeps capex minimal for a property still under 10 years old. Financials available upon request; call listing agent for showing instructions, tenant occupied.
Property Features
Location Information
County
Hidalgo
Directions
From the intersection of Expressway 281 and Owassa Rd, head east, street entrance will be on north side right after passing IDEA school.
Subdivision
Rose Garden
Interior Features
Interior
Other
Appliances
Water Heater (Laundry Room), Dryer, Other, Refrigerator, Stove/Range, Washer
Heating
Central
Total Number of Units
28
Cooling
Central Air
Features
Curbs, Street Lights
Floors
Tile
Windows/Doors Description
Energy Features (Double Pane Windows)
Laundry
None
Exterior Features
Construction
Block, Stucco
Parking Spaces
24
Exterior
Other
Fencing
Wood
Foundation
Slab
Lot Description
Curb & Gutters
Roof
Shingle
Lot Size in Acres
2.68
Possession
Closing and Funding
Lot Size in Sq. Ft.
116,740
Septic or Sewer
City Sewer
Buildings
Laundry Facility, Storage
Parking Description
Garage Faces Front
Energy Features
Thermostat
Garage Spaces
0
Road Description
Paved
School
Elementary School District
Edinburg ISD
Middle School
South Middle School
Elementary School
Ramirez
High School
Vela H.S.
Additional Information
Property Type
SFR
Units in Complex
1
Property SubType
Apartment
Taxes
25276
Year Built
2016
Tax Year
2025
APN
R408000000000100
Square Feet Source
Appraiser
Status
Active
Similar Listings
Mortgage Calculator
$11,674
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$9,008
Monthly Tax
$2,083
Monthly Insurance
$583
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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