Edinburg, TX 78542 1001 Owassa Road
$2,500,000
5 more
Presented By: JPAR North Metro
SQFT • 18,200
Home Details
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.
Presented By: JPAR North Metro
Interior Features for 1001 Owassa Road
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Retail SqFT
Warehouse SqFt
Window FeaturesEnergy Features (Double Pane Windows)
General for 1001 Owassa Road
AppliancesWater Heater (Laundry Room)
Building Area UnitsSquare Feet
Building FeaturesNone
Carport Spaces28
Carport Y/NYes
CityEdinburg
Construction MaterialsBlock, Stucco
CoolingCentral Air
CountyHidalgo
Current UseOther
DirectionsFrom the intersection of Expressway 281 and Owassa Rd, head east, street entrance will be on north side right after passing IDEA school.
Energy EfficientThermostat
FreeholdBBO, VOW, IDX
Garage Spaces
Garage Y/NNo
GroundsMature Trees
HOANo
HeatingCentral
Home Warranty Y/NNo
Legal DescriptionRose Garden - Amended Lot 1
Living Area18200
Living Area UnitsSquare Feet
Lot Size Square Feet116740.8
Lot Size UnitsAcres
Other StructuresStorage
PossessionClosing and Funding
Property SubtypeCommercial
Property TypeCommercial Sale
RoofShingle
Standard StatusActive
StatusActive
Stories Count1
Structure TypeFree Standing
Subdivision NameRose Garden
Tax Annual Amount25276
Tax Year2025
Year Built2016
Year Built SourceAppraiser
Exterior for 1001 Owassa Road
Building Area Total18200
Covered Spaces28
Exterior AmenitiesOther
Irrigation Water Rights Y/NNo
Lot Dimensions191.76 x 610.20
Lot Size Acres2.68
Lot Size Area2.68
Parking FeaturesCovered
Road Frontage TypeCity Street
Total Parking28
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Enrique Guzman
Realtor