1408 E Iris Avenue
McAllen, TX 78501
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Bed
0
Bath
4,500Sqft
10,288.87Sqft(Lot)
Modern fourplex in a gated community with controlled access. The property consists of two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, providing an ideal mix for strong rental demand. Each unit features a modern design and comes fully equipped with washer, dryer, microwave, stove, and refrigerator. Contemporary finishes, functional layouts, and quality construction make this a low-maintenance asset built for long-term performance. Located in an amazing area close to the expressway, shopping centers, restaurants, hospitals, and schools, this property offers convenience and strong tenant appeal. Situated within a gated community, it provides added privacy and security. Whether you're an investor seeking a turnkey, cash-flowing asset or a first-time buyer looking to offset your
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), Walk-In Closet(s), High Ceilings Roof: Shingle Appliances: Range, Cooktop, Dryer, Microwave, Washer, Electric Water Heater, Refrigerator Laundry Features: Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air
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Building Information
Year Built: 2023 Building Area Total: 4500 Construction Materials: Stucco, Wood Siding Stories: 1 Private Pool: No Association Fee Frequency: Annually
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Lot Information
Main Square Feet: 10288.872 Square Feet Lot Size Acres: 0.2362 Lot Size Square Feet: 10288.872Property Information
Subdivision: Park Terrace Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 3
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Listing Price Information
Listing Price: $555000 Original Price: $620000
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Tax Information
Parcel Number: P375800000003800 Tax Year: 2025 Annual Tax: $12859
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Parking Information
Parking Total: 8 Garage Faces RearHomeowners Association InformationHas Association: Yes HOA: $500.00 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: From Expressway 83, exit on 10th St (Business 83) and head north. Turn right (east) on Iris Ave. Continue to 1408 E Iris Ave located within the gated community. 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 |
|---|---|---|---|---|---|
| 5709 Northwestern Avenue, Mcallen, TX, 78501 | $520,000 | -- | -- | 4,205 | 10,165.16 Sqft |
| 1325 E Daffodil Avenue, Mcallen, TX, 78501 | $500,000 | -- | -- | 4,497 | 10,859.94 Sqft |
| 1316 E Camellia Avenue, Mcallen, TX, 78501 | $560,000 | -- | -- | 4,740 | 7,900.04 Sqft |
| 1308 E Camellia Avenue, Mcallen, TX, 78501 | $500,000 | -- | -- | 4,740 | 7,901.78 Sqft |
| 1201 E Camellia Avenue, Mcallen, TX, 78501 | $632,500 | -- | -- | 5,472 | 8,824.82 Sqft |
| 812 E Daffodil Avenue, Mcallen, TX, 78501 | $650,000 | -- | -- | 7,216 | 22,651.20 Sqft |
| 513 E Upas Avenue, Mcallen, TX, 78501 | $275,000 | -- | -- | 2,744 | 10,000.07 Sqft |
| 608 W Iris Ave, Mcallen, TX, 78501 | $420,000 | -- | -- | 9,117 | 0.21 Acre |
| 608 W Iris Avenue, Mcallen, TX, 78501 | $420,000 | -- | -- | 3,224 | 9,117.11 Sqft |
| 421 Cottonwood Avenue, Mcallen, TX, 78501 | $420,000 | 3 | 3 | 2,426 | 9,019.97 Sqft |
Similar Multifamily To 1408 E Iris Avenue
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater McAllen Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 09/07/2026 @ 10:37
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