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1408 E Iris Avenue, McAllen, TX 78501

McAllen
Local realty services provided by:CENTURY 21 Johnston Company
1408 E Iris Avenue,McAllen, TX 78501
$555,000
  • - 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:$555,000
  • Price per sq. ft.:$123.33
  • 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:188 day(s) ago
  • Updated:August 24, 2026 at 09:53 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Microwave, Refrigerator, Stove/Range
  • Bedroom Description:Walk-In Closet(s)
  • Living area:4,500 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:2023
  • Building area:4,500 sq. ft.
  • Lot Features:Sidewalks, Sprinkler System
  • Construction Materials:Stucco, Wood Siding
  • Exterior Features:Patio Slab, Sidewalks, Sprinkler System
  • Foundation Description:Slab

Schools

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

Utilities

  • Water:Electric Water Heater
  • Sewer:City Sewer

Finances and disclosures

  • Price:$555,000
  • Price per sq. ft.:$123.33
  • Tax amount:$12,859

Features and amenities

  • Appliances:Refrigerator, Stove/Range, Washer
  • Laundry features:Dryer, Laundry Area, Washer, Washer/Dryer Connection
  • Amenities:Decorative/High Ceilings, Dryer, Gated, Sidewalks, Sprinkler System, Street Lights

Parking

  • Parking description:Garage Faces Rear

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