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For Sale 78542 Edinburg

1001 E Owassa Road

Edinburg, TX 78542

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For Sale

Active

$2,900,000

Est. Mortgage 15,466/month

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18,200 Sqft. ($159/Sqft.)

2.69 Lot Acres

Multi-Family

132 Day(s) on HAR.com

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Description

28 Units (14 Duplexes) ALL FULLY LEASED. 2017/2018 Build. Located on Owassa/Dove Edinburg Texas. 1 minute from Expressway 281. Minutes from major shopping centers, schools, and entertainment districts. In the heart of the fastest growing city in the McAllen-Edinburg-Mission Metropolitan area. 2023 Income was $253,150. NOI was $215,155.21. This is an investment that has already shown consistency in terms of rentability: as the units have been fully leased consistently, and vacancies do NOT last long. One missed month on other high priced out-of city units and you already lost your game plan. You are paying to not have that problem when you buy these. Safe bet. The area, excellent quality of builds, and sizing of interior space/room/layout make them the perfect units for a large pool of residents. Each building is in excellent condition. Updated roofs! Income producing. Ready to make you money! Appliances convey. Already a proven success!

MLS#

GMARTX-423485

List Price

$2,900,000 ($159/Sqft.)

Listing Status

For Sale

Address

1001 E Owassa Road

City

Edinburg

State

Zip Code

78542

County

Hidalgo County

Subdivision

Rose Garden

Property Type

Multi-Family

Building Size

18,200 Sqft/Appraisal District

Architecture Style

Other

Year Built

2017 /Appraisal District

Lot Size

2.69 Lot Acres/Appraisal District

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Javier Garza Jr.

Encore Fine Properties

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Exterior

Roof

Composition Shingle

Interior

Floors

Tile

Appliances

Dryer, Range, Refrigerator, Washer

Lot information

Lot Size

2.69 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

Full Page

Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.