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1408 E Iris Avenue, McAllen, TX 78501

Local realty services provided by:CENTURY 21 Johnston Company
1408 E Iris Avenue,McAllen, TX 78501
$620,000
  • - Beds
  • - Baths
  • 4,500 sq. ft.
  • Multi-family
  • Active
Listed by: denyss alanis
Office: blue diamond realty group llc
MLS#:494685
Source:TX_GMAR

Price summary

  • Price:$620,000
  • Price per sq. ft.:$137.78
  • Monthly HOA dues:$41.67

About this home

Modern fourplex in a gated community with controlled access. The property consists of two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, providing an ideal mix for strong rental demand. Each unit features a modern design and comes fully equipped with washer, dryer, microwave, stove, and refrigerator. Contemporary finishes, functional layouts, and quality construction make this a low-maintenance asset built for long-term performance. Located in an amazing area close to the expressway, shopping centers, restaurants, hospitals, and schools, this property offers convenience and strong tenant appeal. Situated within a gated community, it provides added privacy and security. Whether you're an investor seeking a turnkey, cash-flowing asset or a first-time buyer looking to offset your mortgage with rental income, this fourplex presents a rare opportunity in one of McAllen’s most desirable locations.

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Home facts

  • Year built:2023
  • Listing ID #:494685
  • Added:1 day(s) ago
  • Updated:February 16, 2026 at 06:46 PM

Rooms and interior

  • Living area:4,500 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:2023
  • Building area:4,500 sq. ft.
  • Lot area:0.24 Acres

Schools

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

Utilities

  • Water:Electric Water Heater
  • Sewer:City Sewer

Finances and disclosures

  • Price:$620,000
  • Price per sq. ft.:$137.78
  • Tax amount:$12,859

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