For sale

$645,000

1304 E Hibiscus Ave, McAllen, TX 78504

10beds

8baths

4,216sqft

$5,117/mo

Get pre-qualified

Quadruplex, Multi Family

Built in 2023

-- sqft lot

$-- Zestimate^®

$153/sqft

$42/mo HOA

What's special

Gated communityContemporary finishesIn-unit laundrySpacious open layouts

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.

140 days

56

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 8

Heating

Has Heating (Unspecified Type)

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Laundry: Laundry Closet

Features

Ceiling Fan(s), Split Bedrooms
Flooring: Tile
Windows: Double Pane Windows

Interior area

Total structure area: 4,216
Total interior livable area: 4,216 sqft

Property

Parking

Total spaces: 8
Parking features: Attached, Garage Faces Front, No Garage
Carport spaces: 8

Features

Patio & porch: Patio
Fencing: Wood

Lot

Size: 10,249 Square Feet
Features: Sidewalks

Details

Additional structures: Outbuilding (None)
Parcel number: P375800000000300

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Stucco
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 2023

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Thermostat

Community & HOA

Community

Features: Gated, Sidewalks, Street Lights
Security: Smoke Detector(s)
Subdivision: Park Terrace

HOA

Has HOA: Yes
HOA fee: $500 annually
HOA name: Streamline Management

Location

Region: Mcallen

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $645,974
Annual tax amount: $15,242
Date on market: 3/14/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,223/mo

Price history

Date	Event	Price
3/14/2026	Listed for sale	$645,000+18.3%$153/sqft
Source: Greater McAllen AOR #497888 Report a problem
11/29/2023	Listing removed	--
Source: Greater McAllen AOR #394820 Report a problem
12/7/2022	Listed for sale	$545,000$129/sqft
Source: Greater McAllen AOR #394820 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,980 +2.2%	$645,974 +15.2%
2024	$10,738 +333%	$560,880 +332.6%
2023	$2,480	$129,663

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 78504

Getting around

16 / 100

Car-Dependent

33 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
Allen & William Arnold Elementary School
Grades: PK-5Distance: 1.1 mi
5/10
Lyndon B Johnson Middle School
Grades: 6-8Distance: 2 mi
6/10
PSJA North High School
Grades: 9-12Distance: 1.9 mi

Schools provided by the listing agent

Elementary: Milam
Middle: Cathey
High: Memorial H.S.
District: McAllen ISD

Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.