1201 E Iris Avenue
McAllen, TX 78504
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Bed
0
Bath
6,639Sqft
17,860.04Sqft(Lot)
Excellent investment opportunity in McAllen's newest multifamily subdivision, Park Terrace! This modern 6-unit apartment complex is ideally located at the corner of Nolana Avenue and Jackson Road, offering exceptional access to the area's top employers, shopping, and dining. Just 4 minutes from Doctors Hospital at Renaissance, 4 minutes from Expressway 281, and minutes from major retail and entertainment destinations, this property is perfectly positioned for strong rental demand. The property features an ideal unit mix of (3) 3-bedroom, 2-bath units and (3) 2-bedroom, 2-bath units. Each unit includes a refrigerator, stove, and microwave, providing added convenience for tenants. Built just 2 years ago, this newer construction offers modern finishes, low maintenance, and an excellent oppor
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Tile -
Roofing Information
Shingle -
Interior Features
Ceiling Fan(s) Roof: Shingle Appliances: Electric Cooktop, Dryer, Microwave, Washer, Electric Water Heater, Refrigerator Laundry Features: Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric
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Building Information
Year Built: 2024 Building Area Total: 6639 Construction Materials: Stucco Stories: 1 Patio And Porch Features: Patio Private Pool: No Association Fee Frequency: Annually -
Exterior Features
Exterior Features: Other
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Lot Information
Main Square Feet: 17860.0356 Square Feet Lot Size Acres: 0.41 Lot Size Square Feet: 17860.0356Property Information
Subdivision: Park Terrace Source Property Type: Residential Income Property SubType: Multi Family Property Age: 2
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Listing Price Information
Listing Price: $975000
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Tax Information
Parcel Number: P375800000005800 Tax Year: 2025 Annual Tax: $16027
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Parking Information
Parking Total: 8 No GarageHomeowners Association InformationHas Association: Yes HOA: $600.00 Community Features: Gated, Sidewalks, Street Lights
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School Information
Elementary School: MilamJunior High School: CatheySenior High School: Memorial H.S. -
Location Information
Direction: Jackson & Jonquil - Go north Nolana and turn right to Jackson Rd. Drive one block and turn to Jonquil Ave. New Subdivision - Park Terrace. WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 11405 25th Street, Mcallen, TX, 78504 | $525,000 | -- | -- | 4,004 | 4,004 SqFt |
| 11400 25th Street, Mcallen, TX, 78504 | $525,000 | -- | -- | 4,004 | 4,004 SqFt |
| 5609 Providence Avenue #A, Mcallen, TX, 78504 | $181,000 | 2 | 2 | 1,082 | 1,082 SqFt |
| 11309 25th Street, Mcallen, TX, 78504 | $525,000 | -- | -- | 4,004 | 4,004 SqFt |
| 11006 N 27th Street, Mcallen, TX, 78504 | $345,000 | -- | -- | 2,200 | 2,200 SqFt |
| 11401 25th Street, Mcallen, TX, 78504 | $525,000 | -- | -- | 4,004 | 4,004 SqFt |
| 11004 N 27th Street, Mcallen, TX, 78504 | $345,000 | -- | -- | 2,200 | 2,200 SqFt |
| 5800 Ozark Avenue, Mcallen, TX, 78504 | $549,000 | -- | -- | 3,978 | 3,978 SqFt |
| 11504 N 25th Street, Mcallen, TX, 78504 | $535,000 | -- | -- | 3,996 | 3,996 SqFt |
| 11501 N 25th Street, Mcallen, TX, 78504 | $537,500 | -- | -- | 4,052 | 4,052 SqFt |
Similar Multifamily To 1201 E Iris Avenue
Nearby For Sale
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ByOwner last updated this listing 07/21/2026 @ 23:29
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