1425 E IRIS AVENUE, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
List Price$510,000
1425 E Iris Avenue
McAllen, TX 78501
Listing #506697
4,320
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
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.
Property Features
Location Information
County
Hidalgo
Directions
From 495/Ferguson Ave head north on Jackson Rd, turn left onto Jonquil Ave. Park Terrace subdivision will be on the left hand side.
Subdivision
Park Terrace
Interior Features
Interior
Ceiling Fan(s), Walk-In Closet(s)
Laundry
Laundry Area, Washer/Dryer Connection
Heating
Central
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Cooling
Central Air
Total Number of Units
4
Floors
Tile
Features
Gated, Sidewalks, Street Lights
Exterior Features
Construction
Stucco
Parking Spaces
8
Foundation
Slab
Fencing
Wood
Roof
Shingle
Lot Description
Irregular Lot
Possession
Closing and Funding
Lot Size in Acres
0.209
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
9,091
Water
Public
Buildings
Outbuilding (None)
Security Features
Smoke Detector(s)
Energy Features
Thermostat
Parking Description
Garage Faces Front
Road Description
Paved
Garage Spaces
0
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
2
Property Type
RI
HOA Fee
$500
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2023
Taxes
15118
APN
P375800000004500
Tax Year
2025
Status
Active
Square Feet Source
HidalgoCAD
Similar Listings
Mortgage Calculator
$2,381
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,837
Monthly Tax
$425
Monthly Insurance
$119
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
Courtesy of: Jaime Lee Gonzalez
Keller Williams Realty Rgv
© 2026 Greater McAllen Association of REALTORS®. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Greater McAllen Association of REALTORS®. The listing broker?s offer of compensation is made only to participants of the MLS where the listing is filed.
GMAR(McAllen) data last updated at June 8, 2026, 10:23 PM CT
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