Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

505 W Owassa Rd Edinburg, TX 78539

FOR LEASE
Assisted living facilities
Property ID
US83-1008201
14,386 SF 1.49 ac lot Built 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$46k
Tax billed · 2022
Assessed value · 2023$1.75M
Assessed land$150k
Assessed improvement$1.60M
Effective rate2.60%

Value estimate

· Nov 2026
$675k
$608k – $743k
AI approach$680k
Submarket $/SF estimate$668k
NOI build-up
Gross scheduled income$160k
Vacancy & credit loss−$22k
Operating expenses−$34k
NOI · 589.26% cap applied$103k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
589.26%
$103k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHIDALGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.9
Parking Facility10.8
Electrical Service10.5

Location

505 W Owassa Rd Edinburg, TX 78539
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved