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.
For sale
$2,500,000
1001 E Owassa Rd, Edinburg, TX 78542
--beds
--baths
18,200sqft
Apartment, Multi Family
Built in 2016
-- sqft lot
$2,383,800 Zestimate®
$137/sqft
$-- HOA
What's special
- 5 days
- 44
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Enrique Guzman 956-509-8065,
Jpar North Metro
Source: Greater McAllen AOR,MLS#: 513599
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Water Heater (Laundry Room), Dryer, Other, Refrigerator, Stove/Range, Washer
- Laundry: None
Features
- Other
- Flooring: Tile
- Windows: Double Pane Windows
Interior area
- Total structure area: 18,200
- Total interior livable area: 18,200 sqft
Property
Parking
- Total spaces: 24
- Parking features: Garage Faces Front
- Carport spaces: 24
Features
- Exterior features: Other
- Fencing: Wood
Lot
- Size: 2.68 Acres
- Features: Curb & Gutters
Details
- Additional structures: Laundry Facility, Storage
- Parcel number: R408000000000100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Curbs, Street Lights
- Subdivision: Rose Garden
HOA
- Has HOA: No
Location
- Region: Edinburg
Financial & listing details
- Price per square foot: $137/sqft
- Annual tax amount: $25,276
- Date on market: 8/27/2026
- Road surface type: Paved
Estimated market value
$2,383,800
$2.26M - $2.50M
$1,090/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $2,500,000-13.8%$137/sqft |
Source: Greater McAllen AOR #513599 Report a problem | ||
| 6/11/2025 | Listing removed | $2,900,000$159/sqft |
Source: Greater McAllen AOR #458299 Report a problem | ||
| 6/10/2025 | Listed for sale | $2,900,000$159/sqft |
Source: Greater McAllen AOR #458299 Report a problem | ||
| 1/8/2025 | Pending sale | $2,900,000$159/sqft |
Source: Greater McAllen AOR #458299 Report a problem | ||
| 1/8/2025 | Listed for sale | $2,900,000$159/sqft |
Source: Greater McAllen AOR #458299 Report a problem | ||
| 8/8/2024 | Listing removed | $2,900,000$159/sqft |
Source: Greater McAllen AOR #423485 Report a problem | ||
| 7/2/2024 | Pending sale | $2,900,000$159/sqft |
Source: Greater McAllen AOR #423485 Report a problem | ||
| 5/1/2024 | Price change | $2,900,000-9.4%$159/sqft |
Source: Greater McAllen AOR #423485 Report a problem | ||
| 1/7/2024 | Listed for sale | $3,200,000$176/sqft |
Source: Greater McAllen AOR #423485 Report a problem | ||
| 12/28/2023 | Listing removed | -- |
Source: Greater McAllen AOR #415372 Report a problem | ||
| 10/9/2023 | Listed for sale | $3,200,000$176/sqft |
Source: Greater McAllen AOR #415372 Report a problem | ||
| 9/27/2023 | Listing removed | -- |
Source: Greater McAllen AOR #410757 Report a problem | ||
| 8/15/2023 | Listed for sale | $3,200,000$176/sqft |
Source: Greater McAllen AOR #410757 Report a problem | ||
| 7/26/2023 | Pending sale | $3,200,000$176/sqft |
Source: Greater McAllen AOR #410757 Report a problem | ||
| 5/16/2023 | Listed for sale | $3,200,000$176/sqft |
Source: Greater McAllen AOR #404756 Report a problem | ||
| 5/1/2023 | Listing removed | -- |
Source: Greater McAllen AOR #373004 Report a problem | ||
| 12/22/2022 | Listed for sale | $3,200,000$176/sqft |
Source: Greater McAllen AOR #373004 Report a problem | ||
| 1/10/2022 | Pending sale | $3,200,000$176/sqft |
Source: Greater McAllen AOR #373004 Report a problem | ||
| 1/10/2022 | Listed for sale | $3,200,000$176/sqft |
Source: Greater McAllen AOR #373004 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78542
Nearby schools
Schools provided by the listing agent
- Elementary: Ramirez
- Middle: South Middle School
- High: Vela H.S.
- District: Edinburg ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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