1425 E Iris Avenue
McAllen, TX 78501
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Bed
0
Bath
4,320Sqft
9,091.84Sqft(Lot)
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.
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) Roof: Shingle Appliances: Range, Cooktop, Electric Water Heater, Dryer, Refrigerator, Washer 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: 4320 Construction Materials: Stucco Stories: 1 Private Pool: No Association Fee Frequency: Annually -
Exterior Features
Exterior Features: None
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Lot Information
Main Square Feet: 9091.8432 Square Feet Lot Size Acres: 0.2087 Lot Size Square Feet: 9091.8432 Lot Description: Irregular LotProperty Information
Subdivision: Park Terrace Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 3
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Listing Price Information
Listing Price: $510000
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Tax Information
Parcel Number: P375800000004500 Tax Year: 2025 Annual Tax: $15118
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Parking Information
Parking Total: 8 Garage Faces FrontHomeowners 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 495/Ferguson Ave head north on Jackson Rd, turn left onto Jonquil Ave. Park Terrace subdivision will be on the left hand side. 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 |
|---|---|---|---|---|---|
| 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 |
| 1408 E Iris Avenue, Mcallen, TX, 78501 | $565,000 | -- | -- | 4,500 | 4,500 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 |
Similar Multifamily To 1425 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 06/09/2026 @ 16:49
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