1320 E HIBISCUS AVENUE, MCALLEN, TX 78504
Homes for sale in Mcallen.
Homes for sale in 78504.
1320 E Hibiscus Avenue
McAllen, TX 78504
List Price$545,000
Listing #477936
4,216
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Turnkey 4-Plex in Prime McAllen Location - Fully Leased! Excellent investment opportunity in the heart of McAllen, TX. This fully occupied 4-plex is cash-flowing from day one and sits in the highly desirable Park Terrace subdivision - just one block south of Nolana off Jackson. The property features two 2 bed / 2 bath units and two 3 bed / 2 bath units, offering a solid unit mix for steady rental demand. Each unit includes a full appliance package: refrigerator, stove, microwave, dishwasher, washer, and dryer. Located just 4 minutes from Doctor's Hospital at Renaissance and Expressway 281, with quick access to major shopping, dining, and entertainment. Whether you're building your portfolio or planning to live in one unit while leasing the others, this is a smart, income-producing asset in a high-demand area.
Property Features
Location Information
County
Hidalgo
Directions
From Nolana and Jackson. Head South on Jackson, turn right on Jonquil Ave. New Subdivision is on the left side. The property is located on Hibiscus which is the South side of the property when entering from Jonquil.
Subdivision
Park Terrace
Interior Features
Interior
Built-in Features, Ceiling Fan(s), Dryer, Microwave, Washer
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Heating
Central, Electric
Total Number of Units
4
Cooling
Central Air, Electric
Features
Curbs, Gated, Sidewalks, Street Lights
Floors
Vinyl
Windows/Doors Description
Energy Features (Double Pane Windows)
Laundry
Laundry Closet
Exterior Features
Construction
Stucco
Garage Spaces
0
Exterior
Sprinkler System
Parking Spaces
8
Foundation
Slab
Fencing
Wood
Roof
Shingle
Patio / Deck Description
Patio Slab
Possession
Closing and Funding
Lot Description
Curb & Gutters, Sprinkler System
Septic or Sewer
City Sewer
Lot Size in Acres
0.235
Water
Public
Lot Size in Sq. Ft.
10,250
Utilities
Cable Available
Buildings
Outbuilding (None)
Security Features
Smoke Detector(s)
Energy Features
Energy Star
Parking Description
Detached
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
7463
APN
P375800000000700
Tax Year
2024
Status
Pending
Square Feet Source
HidalgoCAD
Similar Listings
Mortgage Calculator
$2,544
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,963
Monthly Tax
$454
Monthly Insurance
$127
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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