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1001 E Owassa Road Edinburg, TX $ 2,500,000
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$ 2,500,000 Get more info
1001 E Owassa Road
$ 2,500,000
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1001 E Owassa Road

Edinburg, TX, 78542
$ 2,500,000
Baths0.0 Sq 18,200

Monthly Estimate*

$ 15,785

1001 E Owassa Road, Edinburg, TX 78542 - Image 1
1001 E Owassa Road, Edinburg, TX 78542 - Image 2
1001 E Owassa Road, Edinburg, TX 78542 - Image 3
1001 E Owassa Road, Edinburg, TX 78542 - Image 4
1001 E Owassa Road, Edinburg, TX 78542 - Image 5
1001 E Owassa Road, Edinburg, TX 78542 - Image 6
1001 E Owassa Road, Edinburg, TX 78542 - Image 7
1001 E Owassa Road, Edinburg, TX 78542 - Image 8
1001 E Owassa Road, Edinburg, TX 78542 - Image 9
1001 E Owassa Road, Edinburg, TX 78542 - Image 10
Studio

Multi-Family Home for sale in Edinburg, TX

for $2,500,000. This 18,200 square foot home was built in 2016 on a lot size of 2.68.

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.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 25,276

Style

Apartment

Lot Size

2.68

Year Built

2016

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

513599
Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Apartment
Tax Year 2025
Community Features Curbs Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Rose Garden
Status Active
Directions From the intersection of Expressway 281 and Owassa Rd head east street entrance will be on north side right after passing IDEA school.
High School Vela H.S.
City Edinburg
High School District Edinburg ISD
Lot Size Units Acres
Lot Size Square Feet 116740.8
Elementary School Ramirez
Tax Annual Amount 25276
Home Warranty Y/N false
Middle/Junior High School South Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Edinburg ISD
Elementary School District Edinburg ISD
Legal Description Rose Garden - Amended Lot 1
Freehold BBO VOW IDX
Living Area 18200
Cooling Central Air
Roof Shingle
Appliances Water Heater (Laundry Room) Dryer Other Refrigerator Stove/Range Washer
Garage Spaces 0
Construction Materials Block Stucco
Year Built 2016
Stories Count 1
Energy Efficient Thermostat
Garage Y/N false
Carport Spaces 24
Carport Y/N true
Year Built Source Appraiser
Heating Central
Insurance Expense 21280
Other Structures Laundry Facility Storage
Gross Income 192815
MaintenanceExpense 12237
Number Of Units Total 28
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Interior
Interior Amenities Other
Flooring Tile
Air Conditioning Y/N true
Window Features Energy Features (Double Pane Windows)
Heating Y/N true
Laundry Features None
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Exterior
Lot Size Area 2.68
Lot Size Acres 2.68
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Curb & Gutters
Fencing Wood
Exterior Amenities Other
Parking Features Garage Faces Front
Total Parking 24
Foundation Details Slab
Building Area Total 18200
Lot Dimensions 191.76 x 610.20
Covered Spaces 24
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 14
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* Excluded Features
List By
Jpar North Metro

Broker

Affordability Calculator

$17,892
Per Month
88%
12%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$2,106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1203993 Elementary School
0 Middle School
Vela H.S. High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/27/2026$2,500,000 Listed Price

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1001 E Owassa Road, Edinburg, TX, 78542 is a Multi-Family Home for sale at $2,500,000 with 18,200 sqft and a lot size of 2.68. 1001 E Owassa Road is a studio with 0.0 baths and was built in 2016. The property's zip code is 78542 which is in Edinburg, TX

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