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1001 E Owassa Road Edinburg TX 78542US423485
1001 E Owassa Road EdinburgTX78542
2900000.0000 1/1/1900 12:00:00 AM
Realty Executives Rio Grande Valley-McAllen
902 Orange Ave, Suite AMcAllenTX78501
956-971-8989
1 /

Courtesy of: Javier Garza Jr., Encore Fine Properties, thejaviergarzajrluxurygroup@gmail.com

1001 E Owassa Road
Edinburg TX 78542 US

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1 /

Courtesy of: Javier Garza Jr., Encore Fine Properties, thejaviergarzajrluxurygroup@gmail.com

Realty Executives Rio Grande Valley-McAllen
902 Orange Ave, Suite A
McAllen, TX, US 78501
956-971-8989

Get more info about this property

1001 E Owassa Road
Edinburg TX 78542 US

$2,900,000

Active Listing ID 423485
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Lot: 2.69 Acres
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Apartment

$2,900,000

Active Listing ID 423485
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1001 E Owassa Road 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!

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Property Features

  • Facts
  • Lot Size: 2.69 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Floor Covering: Tile
  • Roof Type: Shingle
  • Heating Fuels: Central Furnace

School Information

  • School
  • Ramirez(Elementary)
  • Riviera(MiddleSchool)
  • Vela H.S.(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 2900000
  • unparsedaddress: 1001 E Owassa Road
  • postalcity: Edinburg
  • stateorprovince: TX
  • country: US
  • postalcode: 78542
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.6862
  • lotsizeunits: Acres
  • lotsizearea: 2.6862
  • livingarea: 18200
  • livingareaunits: Square Feet
  • latitude: 26.246189
  • longitude: -98.162823
  • listagentfullname: Javier Garza Jr.
  • listagentemail: thejaviergarzajrluxurygroup@gmail.com
  • listagentkey: 3yd-GMARTX-801070877
  • listagentmlsid: 801070877
  • listagentpreferredphone: 9568216170
  • listagentofficephone: 9568216170
  • listofficekey: 3yd-GMARTX-759
  • listofficemlsid: 759
  • disclaimer: Copyright © 2024 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GMARTX
  • yearbuilt: 2017
  • listagenturl: http://www.Encorefineproperties.com
  • countyorparish: Hidalgo
  • parcelnumber: R408000000000100
  • elementaryschool: Ramirez
  • highschool: Vela H.S.
  • appliances: Dryer, Range, Refrigerator
  • flooring: Tile
  • heating: Central Furnace
  • numberofunitstotal: 28
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 1
  • parkingfeatures: Garage
  • roof: Shingle
  • waterfrontyn: False
  • interiorfeatures: Dryer, Walk-in Closet(s), Washer
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.162823, 26.246189
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1001-E-Owassa-Rd_Edinburg_TX_78542_M77429-09804?f=listhub&s=GMARTX&m=423485&c=rexren", "LeadRoutingEmail":"ravi.encorefineproperties@gmail.com", "BrokerName":"Encore Fine Properties", "ListingTitle":"Apartment - Edinburg, TX", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"Encorergv@gmail.com", "ListOfficeAddress1":"2505 Buddy Owens Ave", "ListOfficeAddress2":null, "ListOfficeCity":"McAllen", "ListOfficePostalCode":"78504", "ListOfficeStateOrProvince":"TX", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Encore Fine Properties", "ListBrokeragePhone":"(956) 821-6170", "ListBrokerageEmail":"Encorergv@gmail.com", "ListBrokerageWebsiteUrl":"http://www.Encorefineproperties.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"2505 Buddy Owens Ave", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"McAllen", "ListBrokerageStateOrProvince":"TX", "ListBrokeragePostalCode":"78504", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-30T23:41:02Z", "Taxes":[{"TaxYear":"2023", "TaxAnnualAmount":32550, "TaxDescription":null}]}
Listing Changed: 5/1/2024 5:55:49 AM GMT
Source Updated Date: 5/15/2024 6:59:28 AM GMT

Courtesy of: Javier Garza Jr., Encore Fine Properties, thejaviergarzajrluxurygroup@gmail.com

Copyright © 2024 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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