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. One building will consist of two units which are 3 bedrooms, 2 baths and 1 bedroom, 1 bath. The other building will consist of two units which are both 2 beds, 2 baths. Estimated time of completion is about 3 months . Call me today to schedule your private showing!
Sold
Price Unknown
1405 E Iris Ave, McAllen, TX 78501
8beds
7baths
4,012sqft
Quadruplex, Multi Family
Built in 2023
-- sqft lot
$536,200 Zestimate®
$--/sqft
$1,305 Estimated rent
Home value
$536,200
$499,000 - $574,000
$1,305/mo
Zestimate® history
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$600/mo
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List your homeWhat's special
High-end finishesPark terrancePorcelain tileQuartz countertopsClose proximity to dhrGorgeous mid-century modern design
Zillow last checked:
Listing updated:
Listed by:
Jaime Lee Gonzalez 956-599-8400,
Keller Williams Realty Rgv
Source: Greater McAllen AOR,MLS#: 410716
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, No Conveying Appliances
- Laundry: Laundry Area, Washer/Dryer Connection
Features
- Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 4,012
- Total interior livable area: 4,012 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
- Carport spaces: 8
Features
- Exterior features: Other
- Fencing: Wood
Lot
- Size: 9,944 Square Feet
Details
- Additional structures: Outbuilding (None)
- Parcel number: P375800000005000
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
- Annual tax amount: $3,230
- Date on market: 9/19/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2024 | Sold | -- |
Source: Greater McAllen AOR #410716 Report a problem | ||
| 8/27/2023 | Pending sale | $550,000$137/sqft |
Source: Greater McAllen AOR #410716 Report a problem | ||
| 7/25/2023 | Listed for sale | $550,000$137/sqft |
Source: Greater McAllen AOR #410716 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 78501
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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
- 1405 E Iris Ave
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