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. Pre-sale has begun for this 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. Estimated time of completion is about 6 months. Call me today to schedule your private showing!
Sold
Price Unknown
1401 E Hibiscus Ave, McAllen, TX 78504
5beds
4baths
4,198sqft
Quadruplex, Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$--/sqft
$2,096 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,096/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#: 394827
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Smooth Electric Cooktop, Microwave, Refrigerator
- Laundry: Laundry Area, Washer/Dryer Connection
Features
- Ceiling Fan(s)
- Flooring: Tile
Interior area
- Total structure area: 4,198
- Total interior livable area: 4,198 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: M265000004000400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New Construction
- New construction: Yes
- 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: $540,000
- Annual tax amount: $100
- Date on market: 9/19/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2023 | Sold | -- |
Source: Greater McAllen AOR #394827 Report a problem | ||
| 7/24/2023 | Pending sale | $545,000$130/sqft |
Source: Greater McAllen AOR #394827 Report a problem | ||
| 5/10/2023 | Listed for sale | $545,000$130/sqft |
Source: Greater McAllen AOR #394827 Report a problem | ||
| 3/7/2023 | Pending sale | $545,000$130/sqft |
Source: Greater McAllen AOR #394827 Report a problem | ||
| 12/7/2022 | Listed for sale | $545,000$130/sqft |
Source: Greater McAllen AOR #394827 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,311 -7.9% | $540,000 -7.6% |
| 2024 | $11,191 +349.6% | $584,525 +349.1% |
| 2023 | $2,489 | $130,146 |
Find assessor info on the county website
Neighborhood: 78504
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Nearby schools
GreatSchools rating
- 9/10Dr Pablo Perez Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 10/10Morris Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Rowe High SchoolGrades: 9-12Distance: 3.5 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
- 78504
- 1401 E Hibiscus Ave
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