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.
Sold
Price Unknown
1320 E Hibiscus Ave, McAllen, TX 78501
10beds
8baths
4,216sqft
Quadruplex, Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$--/sqft
$1,186 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,186/mo
Zestimate® history
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$1,186/mo
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$1,186/mo
Rent Zestimate®
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$500/mo
Est. payment
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$500/mo
Est. payment
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Full appliance package
Zillow last checked:
Listing updated:
Listed by:
Myra Caridad García 956-648-6456,
The Agency Austin, Llc
Source: Greater McAllen AOR,MLS#: 477936
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Laundry: Laundry Closet
Features
- Built-in Features, Ceiling Fan(s)
- Flooring: Vinyl
- 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: Detached
- Carport spaces: 8
Features
- Patio & porch: Patio Slab
- Exterior features: Sprinkler System
- Fencing: Wood
Lot
- Size: 10,249 Square Feet
- Features: Curb & Gutters, Sprinkler System
Details
- Additional structures: Outbuilding (None)
- Parcel number: P375800000000700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Energy Star
Community & HOA
Community
- Features: Curbs, Gated, Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: Park Terrace
HOA
- Has HOA: Yes
- HOA fee: $500 annually
- HOA name: Streamline Management Group
Location
- Region: Mcallen
Financial & listing details
- Tax assessed value: $645,974
- Annual tax amount: $7,463
- Date on market: 8/7/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | -- |
Source: Greater McAllen AOR #477936 Report a problem | ||
| 8/26/2025 | Pending sale | $545,000$129/sqft |
Source: Greater McAllen AOR #477936 Report a problem | ||
| 8/7/2025 | Listed for sale | $545,000$129/sqft |
Source: Greater McAllen AOR #477936 Report a problem | ||
| 1/10/2024 | Listing removed | -- |
Source: SPIBOR #100112 Report a problem | ||
| 10/17/2023 | Listed for rent | $1,300 |
Source: SPIBOR #100112 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,335 +65.3% | $645,974 +15.2% |
| 2024 | $7,463 +200.9% | $560,880 +332.6% |
| 2023 | $2,480 | $129,663 |
Find assessor info on the county website
Neighborhood: 78501
Nearby homes
- $--3 bd2 ba1.1k sqft1320 E Hibiscus Ave #3, McAllen, TX 78501Off Market
- $--3 bd2 ba1k sqft1400 E Hibiscus Ave #C, McAllen, TX 78501Off Market
- $638,602-- bd-- ba4.1k sqft1400 E Hibiscus Ave, McAllen, TX 78501Off Market
- $--2 bd2 ba1k sqft1400 E Hibiscus Ave #B, McAllen, TX 78501Off Market
- $--2 bd2 ba1k sqft1400 E Hibiscus Ave UNIT A, McAllen, TX 78501Off Market
- $1,3003 bd2 ba4.2k sqft1316 E Hibiscus Ave, McAllen, TX 78501For Rent
- $540,101-- bd-- ba4.2k sqft1404 E Hibiscus Ave, McAllen, TX 78501Off Market
- $--5 bd4 ba4.2k sqft1312 E Hibiscus Ave, McAllen, TX 78501Sold
Nearby schools
GreatSchools rating
- 8/10Allen & William Arnold Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Lyndon B Johnson Middle SchoolGrades: 6-8Distance: 2 mi
- 6/10PSJA North High SchoolGrades: 9-12Distance: 1.8 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.
- Texas
- Hidalgo County
- McAllen
- 78501
- 1320 E Hibiscus Ave
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