1001 East Owassa Road
$2,900,000
—
18,200
18,200
$159
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....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!
Property Details for 1001 East Owassa Road
Community Features
Other
Subdivision NameRose Garden
LISTING UPDATED: 08/08/2024 11:32 AM
Property Details for 1001 East Owassa Road
Status | Active |
---|---|
MLS # | 423485 |
Days on Market | 284 |
Taxes | $32,550 / year |
HOA Fees | - |
Condo/Co-op Fees | $16,503 / year |
Compass Type | Multi Family |
MLS Type | Residential Income / Apartment |
Year Built | 2017 |
County | Hidalgo County |
Building Information for 1001 East Owassa Road
Building/Complex1001 E Owassa RdFloor-Stories-Residences28Pet Policy-Year Built2017Building Size-
Property Information for 1001 East Owassa Road
Property History for 1001 East Owassa Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1001 East Owassa Road
Taxable ValueLand$731,325Additions$518,675Total$1,250,000
Tax Record2022$32,550 ($2,712 / month)
Home Facts
Total Finished SqFt7,800 SqFtAbove Grade Finished SqFt7,800 SqFtStories1Lot Size117,011 SqFtStyleMulti-Family Res (5+ Units)Year Built2016CountyHIDALGOAPNR4080-00-000-0001-00
Schools near 1001 East Owassa Road
This home is within Edinburg Consolidated Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 8 to 12 | |||
Public - | 3 to 12 |
Rating | School | Distance |
---|---|---|
Alfonso Ramirez Elementary School PublicPK to 5 | ||
South Middle School Public6 to 8 | ||
Robert R Vela High School Public8 to 12 | ||
Edinburg Alternative Education Academy Public3 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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