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1425 E Iris Ave, Mcallen, TX 78501

$510,000
•
  • —

    bed

  • —

    bath

  • 4,320

    Sqft ($118/Sqft)

Multi-family for sale 94 days
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About 1425 E Iris Ave

Property type Multi-family
Neighborhood
Year built 2023
HOA fee $42/month
Lot size 9,092 Sqft
Movoto estimate
Rental estimate
Property description
Prime investment opportunity, this fully occupied fourplex offers exceptional convenience just minutes from DHR, the medical district, dining, and retail destinations. Nestled in the Park Terrace subdivision at the southwest corner of Jackson Road and Jonquil Avenue, the property boasts a striking mid-century modern aesthetic. The property consists of two buildings with a total of four units, featuring a balanced mix of one 2-bedroom, 2-bathroom unit and one 1-bedroom, 1-bathroom unit in each building. A great opportunity to own a well-maintained, fully leased property in a premier location.
Listed by
Listing Agent - Jaime Lee Gonzalez
Listing Office - Keller Williams Realty Rgv
Source: Greater McAllen AOR mls logo
MLS#506697 • last updated 3 months ago
Movoto checked Greater McAllen AOR for data 4 minutes ago
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Overview
Cooling/AC Central Air
Heating Central
Levels/Style 1
SubType Quadruplex
Type Residential Income
Living Area 4320, Square Feet
Status Active
MLS # 506697
Lot Size (Acres) 0.2087
Lot Size (SqFt) 9091.8432
Property Tax 15118
HOA Fee Annually, 500
Year Built 2023
HOA Streamline Management, 956-800-4442
Interior
Flooring Tile
Exterior
Roof Shingle
Exterior Features None
Construction Stucco
Foundation Slab
# Carport Spaces 8
Parking Garage Faces Front
# Covered Spaces 8
# Parking Spaces 8
Lot Features Irregular Lot
Fencing Wood
Other Structures Outbuilding (None)
Amenities / Utilities
Green Features: Energy Efficient Thermostat
Sewer City Sewer
Water Source Public
Security Features Smoke Detector(s)
HOA Amenities Property Owners' Assoc.
Location
County Hidalgo
Subdivision Park Terrace
Elementary School Milam
High School Memorial H.S.
Middle School District McAllen ISD
Elementary School District McAllen ISD
Middle School Cathey
High School District McAllen ISD
APN P375800000004500
Multifamily Details
# of Buildings 2
# of Separate Water Meters 4
# of Units Total 4
Gross Income 57600
Lot/ Land Details
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around Park Terrace

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46/100
Walk
96/100
Family
86/100
Dining
91/100
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  • Real Estate
  • TX
  • Hidalgo County
  • Mcallen
  • 78501
  • 1425 E Iris Ave

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