$560,000
SOLD MAR 17, 2026
Last list price

1416 E Iris Ave McAllen, TX 78501

-- Bed
-- Bath
4,500 Sq Ft
10,289 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

0 Day on Market

Highlights

  • Gated Community
  • Double Pane Windows
  • Slab Porch or Patio
  • Milam Elementary School Rated A
  • Walk-In Closet
  • Laundry closet

About This Home

As of March 2026

Fully leased fourplex in Mcallen, Tx. Park Terrace subdivision.

Last Agent to Sell the Property

Bryanna Hernandez

Imperio Real Estate Llc Listed on: 03/17/2026

Imperio Real Estate Llc

Last Buyer's Agent

Jonathan Sabzbagh

Imperio Real Estate Llc

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,600

Year Built

  • Built in 2023

Lot Details

  • 10,289 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage

Outdoor Features

  • Slab Porch or Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number P375800000004000

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Park Terrace HOA
  • Park Terrace Subdivision

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,600

Year Built

Built in 2023

Lot Details

10,289 Sq Ft Lot

HOA Fees

$42 per month

Listing Details

  • Directions: Nolana and Jackson
  • 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
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 4500
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), 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, Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Rear

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks
  • Amenities: Property Owners' Assoc.
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Park Terrace HOA
  • 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: 10288.872
  • Parcel #: P375800000004000

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12600

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Nueva Vista Holdings Llc
Bought by
Davila Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Outstanding Balance
$407,333
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$140,667
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Capital Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2026 03/17/26 Sold -- -- --
Source: Greater McAllen Association of REALTORS®

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 $12,711 $534,000 $138,891 $395,109
2024 $12,711 $537,562 $133,747 $403,815
2023 $3,084 $130,146 $130,146 --
Source: Public Records

Agents Affiliated with this Home

  • Bryanna Hernandez

    Seller's Agent in 2026

    Bryanna Hernandez

    Imperio Real Estate Llc

    (956) 607-8299

    605 Total Sales

    Bryanna Hernandez
    Section Image
  • Jonathan Sabzbagh

    Buyer's Agent in 2026

    Jonathan Sabzbagh

    Imperio Real Estate Llc

    (956) 443-5884

    52 Total Sales

    Jonathan Sabzbagh
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 498426

Greater McAllen Association of REALTORS®

APN: P3758-00-000-0040-00

Texas Hidalgo County McAllen 78501

1416 E Iris Ave, McAllen, TX

Sold

MultiFamily

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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 2026 Greater McAllen Association of Realtors. All rights reserved.

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