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For sale
    • $510,000

    1425 E Iris Ave, McAllen, TX 78501

    3beds
    3baths
    4,320sqft
    : 
    $4,054/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $118/sqft
    $42/mo HOA

    What's special

    Striking mid-century modern aesthetic
    Prime investment opportunity, this fully occupied fourplex offers exceptional convenience just minutes from DHR, the medical district, dining, and retail destinations. Nestled in the Park Terrace subdivision at the southwest corner of Jackson Road and Jonquil Avenue, the property boasts a striking mid-century modern aesthetic. The property consists of two buildings with a total of four units, featuring a balanced mix of one 2-bedroom, 2-bathroom unit and one 1-bedroom, 1-bathroom unit in each building. A great opportunity to own a well-maintained, fully leased property in a premier location.
    55 days
    |
    91
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jaime Lee Gonzalez 956-599-8400,

    Keller Williams Realty Rgv

    Source: Greater McAllen AOR,MLS#: 506697

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
      • Laundry: Laundry Area, Washer/Dryer Connection
      Features
      • Ceiling Fan(s), Walk-In Closet(s)
      • Flooring: Tile
      Interior area
      • Total structure area: 4,320
      • Total interior livable area: 4,320 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Garage Faces Front
      • Carport spaces: 8
      Features
      • Exterior features: None
      • Fencing: Wood
      Lot
      • Size: 9,090 Square Feet
      • Features: Irregular Lot
      Details
      • Additional structures: Outbuilding (None)
      • Parcel number: P375800000004500

      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: $500 annually
      • HOA name: Streamline Management
      Location
      • Region: Mcallen

      Financial & listing details

      • Price per square foot: $118/sqft
      • Tax assessed value: $641,016
      • Annual tax amount: $15,118
      • Date on market: 6/8/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,631/mo

        Price history

        DateEventPrice
        6/8/2026Listed for sale$510,000-4.7%$118/sqft
        Source: Greater McAllen AOR #506697 Report a problem
        4/4/2024Sold--
        Source: Greater McAllen AOR #427081 Report a problem
        3/26/2024Pending sale$535,000$124/sqft
        Source: Greater McAllen AOR #427081 Report a problem
        2/9/2024Listed for sale$535,000$124/sqft
        Source: Greater McAllen AOR #427081 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,240 +39.8%$641,016 +40.2%
        2024$8,754 +297.9%$457,259 +297.5%
        2023$2,200 $115,021
        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.
        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.
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        Climate risks

        Neighborhood: 78501

        Getting around

        35 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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