1001 Owassa Road

Edinburg, TX 78542

$2,500,000

Beds: N/A
Baths: N/A
Square feet: 18,200
Lot: 2.68 acres
Year built: 2016
Type: Multi-family
Status: For Sale
MLS #: 513599

Mortgage estimate

$17,425/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

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Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

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.

Features

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