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Property profile & analytics

505 Owassa Rd Edinburg, TX 78539

  • Assisted living facilities
  • 14,386 SF
  • 1.49 lot acres
Value Estimation
Location Intelligence
Property ID
US83-1008201
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Assisted living facilities

Property Details for 505 Owassa Rd

Year built
2013
Lot size
1.49 lot acres
Property size
14,386 SF
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
O8050-00-000-0001-05
APU
O805000000000105

Description

This exceptional Class A office building, constructed in 2013, offers 14,386 square feet of versatile space in the Owassa Lake Business Park. Located at 505 W Owassa Rd, Edinburg, TX 78539, this single-story building sits on a 1.4-acre lot and features two suites, each offering a minimum of 7,193 square feet. Currently, 7,193 square feet is available for lease. The property's flexible design caters to a variety of uses, including traditional office, medical office, and coworking spaces. Its convenient location near Owassa Road and Highway 281 ensures easy access for employees and clients. The tranquil setting, enhanced by a nearby six-acre pond, offers a unique and peaceful work environment. The property is zoned commercial (APN: 08050-00-000-001-05) and presents a significant opportunity for businesses seeking a modern, adaptable workspace in a desirable location. The building's single-story design and ample parking provide convenient access for all occupants. This is an ideal opportunity for a business seeking a high-quality, well-located office space in a thriving Texas community.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Edinburg
County
Hidalgo
State
Texas
Longitude
-98.179
Latitude
26.2507
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$45,570
$149,730
$1,600,270
$1,750,000
-
$149,730
$1,600,270
$1,750,000
More about this property
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