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Property profile & analytics
FOR SALE
Office buildings
1012 E Owassa Rd Edinburg, TX 78542
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1874129
For Sale
1 / 44
$2,900,000
1012 E Owassa Rd, Edinburg, TX 78542
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
7,280 SF
Lot
2.33 ac (101,504 SF)
APN
K2400-00-000-0080-10
UPID
US82-1874129
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.00M
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.86M
Owner & transaction history
Joshua Hinojosa · 6 yrs held
Joshua Hinojosa
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Edinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edinburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,165,000
6.5%
$2,000,000
7%
$1,855,000
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$255 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$23,744
Tax year 2022
Assessed value
$1,137,536
Assessed 2023
Previous assessed
$1,137,536
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$243,609
Assessed improvement
$893,927
Land market value
$243,609
Improvement market value
$893,927
Total market value
$1,137,536
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2005
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
2
Total area
7,280 SF
Lot
2.33 ac (101,504 SF)
APN
K2400-00-000-0080-10
UPID
US82-1874129
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
2.33 ac
Current owner
From public records · entity-resolved
Joshua Hinojosa
Individual
Free & Clear · 6 yrs held
Mailing address
501 W FM 495, SAN JUAN, TX 78589-3580
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2020
—
Joshua Hinojosa
Javier Hinojosa
Quit Claim Deed
related
—
Feb 26, 2020
—
Electro Cooling Service LLC
—
Deed
related
$50,000 · Greater St Bk
Jan 8, 2020
—
Electro Cooling Service LLC
Francisco O Garcia
Warranty Deed
—
Dec 17, 2018
—
Francisco O Garcia
Garcia,monica S
Quit Claim Deed
related
—
Jul 8, 2014
—
Electro Cooling Service LLC
—
Trustees Deed
related
$70,000 · Mcallen Investment Ptrs Ltd
Dec 16, 2010
—
Francisco O Garcia
First Natl Bk
Grant Deed
$275,100 · First National Bank
Jul 14, 2010
$229,985
Natl Bk First
Mccarthy M V
Trustees Deed
related
—
Apr 8, 2008
—
Ernesto Rubio
—
Trustees Deed
related
$218,000 · First National Bank
Feb 4, 2008
—
Ernesto Rubio
First National Bank
Grant Deed
$150,000 · First National Bank
—
—
Electro Cooling Service LLC
—
Deed Of Trust
related
$50,000 · Greater St Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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