$550,000

1313 E Hibiscus Ave McAllen, TX 78501

Estimated payment $4,253/month

Total Views 2,124
-- Bed
-- Bath
4,200 Sq Ft
$131 Price per Sq Ft

Highlights

  • High Ceiling
  • Laundry closet
  • Central Heating and Cooling System
  • Patio
  • Tile Flooring
  • Ceiling Fan

About This Home

Modern 4-Plex in Prime McAllen Location!

Located in the desirable Park Terrace subdivision at the corner of Nolana and Jackson, this well-maintained 4-plex features a versatile mix of (2) spacious 2 bed / 2 bath units and (2) larger 3 bed / 2 bath units—perfect for investors or owner-occupants seeking rental income. Each unit comes fully equipped with appliances, including refrigerator, stove, microwave, washer, and dryer.

Three of the four units are currently leased, providing immediate income potential. Enjoy unbeatable convenience just 4 minutes from the Doctor's Hospital at Renaissance, Expressway 281, and within close proximity to major shopping centers, dining, and entertainment. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers excellent value and location!

Listing Agent

Diana Ayala

Imperio Real Estate Llc Listed on: 06/16/2025

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,359

Year Built

  • Built in 2023

Lot Details

  • 10,288 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

  • Milam Elementary School
  • Cathey Middle School
  • Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Community Details

  • 2 Buildings
  • 4 Units
  • Streamline Management Group Association
  • Park Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number P375800000002600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,359

Year Built

Built in 2023

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: Jackson & Jonquil - Go north Nolana and turn right to Jackson Rd. Drive one block and turn to Jonquil Ave. New Subdivision - Park Terrace.
  • Year Built: 2023
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2362
  • Road Surface Type: Paved
  • Subdivision Name: Park Terrace
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5500
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 4200

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Washer
  • Fencing: Wood
  • Lot Features: Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Streamline Management Group
  • Association: Yes

Schools

  • Elementary School: Milam
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Lot Size Sq Ft: 10288.0008
  • Parcel #: P375800000002600

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15359

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,530 $649,602 $138,891 $510,711
2024 $13,530 $572,233 $133,747 $438,486
2023 $3,084 $130,146 $130,146 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $550,000 -- $131 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $475,890 New Conventional
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 473809

Greater McAllen Association of REALTORS®

APN: P3758-00-000-0026-00

Texas Hidalgo County McAllen 78501

1313 E Hibiscus Ave, McAllen, TX

This home is located at 1313 E Hibiscus Ave, McAllen, TX 78501 and is currently priced at $550,000, approximately $130 per square foot. This property was built in 2023. 1313 E Hibiscus Ave is a home located in Hidalgo County with nearby schools including Allen & William Arnold Elementary, Lyndon B. Johnson Middle School, and PSJA North Early College High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site 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 2025 Greater McAllen Association of Realtors. All rights reserved.

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Diana Ayala
Listing Agent
Diana Ayala
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Imperio Real Estate Llc
(956) 625-9909