Calling all Dr's, nurses, medical professionals or anyone looking to invest while still living in luxury. Located with close proximity to DHR, the Medical District, restaurants and shopping. New Construction investment property located in McAllen’s newest gated community, Park Terrance. Situated in a highly sought-after area on the southwest corner of Jackson Rd & Jonquil Ave. This state-of-the-art builder thought of it all. With its gorgeous mid-century modern design and high-end finishes, it boasts of luxury. From the cabinetry, layout, fixtures, porcelain tile, quartz countertops throughout every unit. This four plex will consist of two buildings. Each building will offer 3 bedrooms, 2 baths and 2 bedrooms, 2 baths. Call me today to schedule your private showing!
Sold
Price Unknown
1400 E Iris Ave, McAllen, TX 78501
10beds
8baths
4,416sqft
Quadruplex, Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$--/sqft
$1,178 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,178/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jaime Lee Gonzalez 956-599-8400,
Keller Williams Realty Rgv
Source: Greater McAllen AOR,MLS#: 419285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, No Conveying Appliances
- Laundry: Laundry Area, Washer/Dryer Connection
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 4,416
- Total interior livable area: 4,416 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
- Carport spaces: 8
Features
- Exterior features: Other
- Fencing: Wood
Lot
- Size: 10,288 Square Feet
Details
- Additional structures: Outbuilding (None)
- Parcel number: P375800000003600
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
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: $600 annually
- HOA name: TBD
Location
- Region: Mcallen
Financial & listing details
- Tax assessed value: $676,116
- Annual tax amount: $3,300
- Date on market: 9/19/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2023 | Sold | -- |
Source: Greater McAllen AOR #419285 Report a problem | ||
| 11/27/2023 | Pending sale | $560,000$127/sqft |
Source: Greater McAllen AOR #419285 Report a problem | ||
| 11/27/2023 | Listed for sale | $560,000$127/sqft |
Source: Greater McAllen AOR #419285 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,910 +14.8% | $676,116 +15.1% |
| 2024 | $11,246 +351.8% | $587,400 +351.3% |
| 2023 | $2,489 | $130,146 |
Find assessor info on the county website
Neighborhood: 78501
Nearby homes
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- $622,644-- bd-- ba4.5k sqft1316 E Iris Ave, McAllen, TX 78501Off Market
- $555,00010 bd8 ba4.5k sqft1408 E Iris Ave, McAllen, TX 78501For Sale
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
- 1400 E Iris Ave
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