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1316 E Hibiscus Avenue, McAllen, TX 78501

Local realty services provided by:CENTURY 21 Johnston Company
1316 E Hibiscus Avenue,McAllen, TX 78501
$547,500
  • - Beds
  • - Baths
  • 4,216 sq. ft.
  • Multi-family
  • Pending
Listed by: danielle connolly
Office: key realty
MLS#:483846
Source:TX_GMAR

Price summary

  • Price:$547,500
  • Price per sq. ft.:$129.86
  • Monthly HOA dues:$41.67

About this home

LIKE NEW Fully Leased & Cash-Flowing 4-Plex in Prime McAllen Location – Outstanding investment in the sought-after Park Terrace neighborhood, just south of Nolana and close to Jackson Rd. This income-generating property features four fully occupied units: two 2BD/2BA and two 3BD/2BA – an ideal mix for consistent rental demand. Each unit comes equipped with full appliances, including washer and dryer. Just minutes from Doctor’s Hospital at Renaissance and Expressway 281, with easy access to shopping, dining, and entertainment. Whether you're looking to grow your portfolio or live in one unit while renting the rest, this is a rare opportunity to own a performing asset in one of McAllen’s most desirable areas. Two units are currently month to month with long term tenants which means there is an opportunity for this to be an owner occupied investment option or for new owner to adjust rental prices if they see fit. All in all, this is a great opportunity you don't want to pass up.

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Home facts

  • Year built:2023
  • Listing ID #:483846
  • Added:114 day(s) ago
  • Updated:December 17, 2025 at 11:37 AM

Rooms and interior

  • Living area:4,216 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Composition Shingle
  • Year built:2023
  • Building area:4,216 sq. ft.
  • Lot area:0.24 Acres

Schools

  • High school:Memorial H.S.
  • Middle school:Cathey
  • Elementary school:Milam

Utilities

  • Water:Electric Water Heater, Public Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$547,500
  • Price per sq. ft.:$129.86
  • Tax amount:$11,468

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