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: $565000 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 |
|---|---|---|---|---|---|
| 2709 2713 & 2800 N 30th.., Mcallen, TX, 78501 | $1,250,000 | -- | -- | 11,700 | 11,700 SqFt |
| 5800 Northwestern Avenue, Mcallen, TX, 78501 | $530,000 | -- | -- | 4,205 | 4,205 SqFt |
| 1316 E Camellia Avenue, Mcallen, TX, 78501 | $560,000 | -- | -- | 4,740 | 4,740 SqFt |
| 1201 E Camellia Avenue, Mcallen, TX, 78501 | $632,500 | -- | -- | 5,472 | 5,472 SqFt |
| 513 E Upas Avenue, Mcallen, TX, 78501 | $275,000 | -- | -- | 2,744 | 2,744 SqFt |
| 1300 S Cynthia Street, Mcallen, TX, 78501 | $525,000 | 3 | 3 | 2,968 | 2,968 SqFt |
| 421 Cottonwood Avenue, Mcallen, TX, 78501 | $420,000 | 3 | 3 | 2,426 | 2,426 SqFt |
| 1304 E Hibiscus Avenue, Mcallen, TX, 78501 | $645,000 | -- | -- | 4,216 | 4,216 SqFt |
| 1113 Walnut Avenue, Mcallen, TX, 78501 | $215,000 | 4 | 3 | 1,629 | 1,629 SqFt |
| 1721 N 11th St, Mcallen, TX, 78501 | $325,000 | -- | -- | 2,768 | 2,768 SqFt |
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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 06/05/2026 @ 11:45
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