EDINBURG – The man accused for the stabbing death of an Edinburg man on New Year’s Day is now formally charged.

Thirty-one-year-old Ramiro Escobar was arraigned Friday in Edinburg municipal court.

According to police, he stabbed 44-year-old Miguel Adrian Ramirez Alonzo to death at an apartment complex. Escobar is charged with first-degree murder and faces up to 99 years in prison if convicted.

Police have yet to determine a motive for the crime.

Escobar remains in jail on a $1 million bond.