1428 E Iris Ave McAllen, TX 78501
Estimated payment $4,164/month
Highlights
- Laundry closet
- Central Heating and Cooling System
- 1-Story Property
- Tile Flooring
- Wood Fence
About This Home
Multi-family investment opportunity located at 1428 Iris Ave, McAllen, TX! Built in 2023, this modern four-unit property features an excellent unit mix with two spacious 3-bedroom, 2-bath units and two comfortable 2-bedroom, 2-bath units. Each apartment offers a sleek contemporary design with high ceilings, open-concept layouts, elegant quartz countertops, modern cabinetry, stylish finishes, and abundant natural light throughout. The kitchens are designed for both functionality and style, making these units highly attractive for tenants and owner-occupants alike. Conveniently located in the heart of McAllen near shopping, dining, schools, and major roadways, this property combines modern living with strong rental potential. Whether you are looking to expand your investment portfolio or live in one unit while generating income from the others, this is an outstanding opportunity you don’t want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,099
Year Built
- Built in 2023
Lot Details
- 9,856 Sq Ft Lot
- Wood Fence
HOA Fees
- $42 Monthly HOA Fees
Parking
- 8 Carport Spaces
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1-Story Property
- Tile Flooring
- Stove
- Laundry closet
Outdoor Features
- Outbuilding
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 P375800000004300
Community Details
Overview
- 2 Buildings
- 4 Units
- Streamline Managment Association
- Park Terrace Subdivision
Building Details
- Insurance Expense $3,400
- Maintenance Expense $700
- Gross Income $57,600
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2026 05/24/26 | For Sale | $559,900 | -- | $559,900 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
MLS Number: 505314
APN: P3758-00-000-0043-00
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.
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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Ask me questions while you tour the home.