1304 E HIBISCUS AVENUE, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
1304 E Hibiscus Avenue
McAllen, TX 78501
List Price$645,000
Listing #497888
4,216
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Exceptional Fourplex Investment Opportunity -- 10 Beds | 8 Baths | 4 Modern Units Situated in a great location, the property offers the perfect combination of modern living, functionality, and strong income potential. Contemporary finishes, stylish kitchens with stainless steel appliances, spacious open layouts, and in-unit laundry for maximum tenant convenience, that provide comfort, privacy, and appeal to both long-term tenants and short-term rental guests. Situated in a gated community, residents enjoy added security creating an attractive lifestyle that helps maintain high tenant demand. With consistent rental income potential, low-maintenance construction, and a prime location in a growing market, this 4-plex stands out as an excellent opportunity for investors looking to expand their portfolio or enter the multifamily market with confidence. Whether you're seeking steady cash flow, long-term appreciation, or a versatile investment property, this property delivers on all fronts.
Property Features
Location Information
County
Hidalgo
Directions
Go west on Nolana Ave. pass McColl Rd. Then turn right on N K Center St. , left on E Hibiscus Ave. Apartments will be on your left side.
Subdivision
Park Terrace
Interior Features
Interior
Ceiling Fan(s), Dryer, Microwave, Split Bedrooms, Washer
Appliances
Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Heating
Central, Electric
Total Number of Units
4
Cooling
Central Air, Electric
Features
Gated, Sidewalks, Street Lights
Floors
Tile
Windows/Doors Description
Energy Features (Double Pane Windows)
Laundry
Laundry Closet
Exterior Features
Construction
Stucco
Parking Spaces
8
Foundation
Slab
Fencing
Wood
Roof
Shingle
Patio / Deck Description
Patio
Possession
Closing and Funding
Lot Description
Sidewalks
Septic or Sewer
City Sewer
Lot Size in Acres
0.235
Water
Public
Lot Size in Sq. Ft.
10,250
Security Features
Smoke Detector(s)
Buildings
Outbuilding (None)
Parking Description
Attached, Garage Faces Front, No Garage
Energy Features
Thermostat
Garage Spaces
0
Road Description
Paved
School
Elementary School District
McAllen ISD
Middle School
Cathey
Elementary School
Milam
High School
Memorial H.S.
Additional Information
Is a Gated Community
Yes
Units in Complex
4
Property Type
RI
HOA Fee
$500
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2023
Taxes
15242
APN
P375800000000300
Tax Year
2025
Status
Active
Square Feet Source
HidalgoCAD
Similar Listings
Mortgage Calculator
$3,011
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,324
Monthly Tax
$537
Monthly Insurance
$150
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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