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1425 E Iris Avenue, McAllen, TX 78501

McAllen
Local realty services provided by:CENTURY 21 Johnston Company
1425 E Iris Avenue,McAllen, TX 78501
$510,000
  • - Beds
  • - Baths
  • 4,320 sq. ft.
  • Multi-family
  • Active
Listed by: jaime gonzalez
Office: keller williams realty rgv
MLS#:506697
Source:TX_GMAR

Price summary

  • Price:$510,000
  • Price per sq. ft.:$118.06
  • Monthly HOA dues:$41.67

About this home

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.

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Home facts

  • Year built:2023
  • Listing ID #:506697
  • Added:76 day(s) ago
  • Updated:August 24, 2026 at 09:53 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
  • Bedroom Description:Walk-In Closet(s)
  • Living area:4,320 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:4,320 sq. ft.
  • Lot Features:Irregular Lot
  • Construction Materials:Stucco
  • Foundation Description:Slab

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:$510,000
  • Price per sq. ft.:$118.06
  • Tax amount:$15,118

Features and amenities

  • Appliances:Refrigerator, Stove/Range-Electric Smooth, Washer
  • Laundry features:Dryer, Laundry Area, Washer, Washer/Dryer Connection
  • Amenities:Dryer, Gated, Sidewalks, Street Lights

Parking

  • Parking description:Garage Faces Front

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