1001 E Owassa Road
Edinburg, TX 78542
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Bed
0
Bath
18,200Sqft
2.68Acres(Lot)
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 Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Tile -
Roofing Information
Shingle -
Interior Features
Other Roof: Shingle Appliances: Range, Cooktop, Dryer, Other, Refrigerator, Washer, Water Heater Laundry Features: None Window Features: Insulated Windows, Double Pane Windows -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 2016 Building Area Total: 18200 Construction Materials: Block, Stucco Stories: 1 Private Pool: No -
Exterior Features
Exterior Features: Other
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Lot Information
Main Square Feet: 2.68 Acres Lot Size Acres: 2.68 Lot Size Square Feet: 116740.8Property Information
Subdivision: Rose Garden Source Property Type: Residential Income Property SubType: Apartment Property Age: 10
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Listing Price Information
Listing Price: $2500000
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Tax Information
Parcel Number: R408000000000100 Tax Year: 2025 Annual Tax: $25276
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Parking Information
Parking Total: 24 Garage Faces Front
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School Information
Elementary School: RamirezJunior High School: South Middle SchoolSenior High School: Vela H.S. -
Location Information
Direction: From the intersection of Expressway 281 and Owassa Rd, head east, street entrance will be on north side right after passing IDEA school.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5428 N Mission Street, Edinburg, TX, 78542 | $269,000 | 3 | 2 | 1,459 | 1,459 SqFt |
| 5805 N Luz Del Sol Street, Edinburg, TX, 78542 | $269,000 | 3 | 2 | 1,514 | 1,514 SqFt |
| 5311 N Mission Street, Edinburg, TX, 78542 | $212,000 | 3 | 2 | 1,307 | 1,307 SqFt |
| 3004 Enzo Lane, Edinburg, TX, 78542 | $299,000 | 3 | 3 | 1,680 | 1,680 SqFt |
| 3412 Satelite Street, Edinburg, TX, 78542 | $219,900 | 3 | 2 | 1,316 | 1,316 SqFt |
| 5489 Riley Avenue, Edinburg, TX, 78542 | $250,000 | 3 | 2 | 1,594 | 1,594 SqFt |
| 5805 N Rayo Del Sol Str.., Edinburg, TX, 78542 | $299,000 | 3 | 2 | 1,614 | 1,614 SqFt |
| 5403 Destino Street, Edinburg, TX, 78542 | $249,000 | 3 | 2 | 1,452 | 1,452 SqFt |
| 5482 Chesnee Avenue, Edinburg, TX, 78542 | $225,000 | 3 | 2 | 1,200 | 1,200 SqFt |
| 5809 N Luz Del Sol Street, Edinburg, TX, 78542 | $239,900 | 3 | 2 | 1,350 | 1,350 SqFt |
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ByOwner last updated this listing 08/29/2026 @ 13:36
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