NOT LISTED FOR SALE

1421 E Iris Ave McAllen, TX 78501

Estimated Value: $561,000 - $574,000

-- Bed
8 Baths
4,200 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2023

Current estimated payment $3,995 / mo

109 Days on Market

Highlights

  • Double Pane Windows
  • Laundry closet
  • Central Heating and Cooling System
  • Walk-In Closet
  • Tile Flooring
  • Ceiling Fan

About This Home

As of December 2023

Investment property located in the new subdivision Park Terrance ! Modern concept 2 units are 3 bedroom 2 bath units and the other two are 2 bedroom 2 bath, huge kitchen island and lots of cabinets, granite countertops, spacious bedrooms with large closets, 2 carport spaces per unit, fenced backyard. Will include the following appliances: electric stove/range, refrigerator, and washer/dryer. Will be completed in approximately 4 months. Reserve yours today!

Last Agent to Sell the Property

Bryanna Hernandez

Imperio Real Estate Llc Listed on: 02/10/2023

Imperio Real Estate Llc

Last Buyer's Agent

Bryanna Hernandez

Imperio Real Estate Llc Listed on: 02/10/2023

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,500

Year Built

  • Built in 2023

Lot Details

  • 9,945 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • 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

Community Details

  • 2 Buildings
  • 2 Units
  • Park Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number P375800000004600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,500

Year Built

Built in 2023

Lot Details

9,945 Sq Ft Lot

HOA Fees

$50 per month

Listing Details

  • Directions: On Nolana and Jackson Rd.
  • Year Built: 2023
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2283
  • Road Surface Type: Paved
  • Subdivision Name: Park Terrace
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Other
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4200
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Microwave, Walk-In Closet(s)
  • Fencing: Wood
  • Lot Features: Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Other, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached, No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: TBD
  • 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: 9945.1836
  • Parcel #: P375800000004600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11500

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold -- -- --
05/31/2023 05/31/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $530,000 -- $126 / Sq Ft
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 $11,487 $646,030 $134,270 $511,760
2024 $11,487 $547,821 $129,297 $418,524
2023 $2,982 $125,816 $125,816 --
Source: Public Records

Agents Affiliated with this Home

  • Bryanna Hernandez

    Seller's Agent in 2023

    Bryanna Hernandez

    Imperio Real Estate Llc

    (956) 607-8299

    618 Total Sales

    Bryanna Hernandez
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 398180

Greater McAllen Association of REALTORS®

APN: P3758-00-000-0046-00

Texas Hidalgo County McAllen 78501

1421 E Iris Ave, McAllen, TX

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 2026 Greater McAllen Association of Realtors. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.