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Texas Hidalgo Mcallen 78501Details

$620,000

For Sale

Active

1408 E Iris Avenue, McAllen, TX 78501

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4,500 Sqft

0.24 Lot Acres

Multi-Family

64 Day(s) on HAR.com

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About this property

Modern fourplex in a gated community with controlled access. The property consists of two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, providing an ideal mix for strong rental demand. Each unit features a modern design and comes fully equipped with washer, dryer, microwave, stove, and refrigerator. Contemporary finishes, functional layouts, and quality construction make this a low-maintenance asset built for long-term performance. Located in an amazing area close to the expressway, shopping centers, restaurants, hospitals, and schools, this property offers convenience and strong tenant appeal. Situated within a gated community, it provides added privacy and security. Whether you''re an investor seeking a turnkey, cash-flowing asset or a first-time buyer looking to offset your mortgage with rental income, this fourplex presents a rare opportunity in one of McAllen''s most desirable locations.

MLS#

GMARTX-494685

List Price

$620,000 ($138/Sqft.)

Listing Status

For Sale

Address

1408 E Iris Avenue

City

McAllen

State

Zip Code

78501

County

Hidalgo County

Subdivision

Park Terrace

Property Type

Multi-Family

Garages

8 / Appraisal District

Stories

Building Size

4,500 Sqft/Appraisal District

Year Built

2023 /Appraisal District

Lot Size

0.24 Lot Acres/Appraisal District

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PRESENTED BY

Chad Sayles Platinum

Walzel Properties - Spring

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Exterior

Roof

Shingle

Exterior Type

Stucco, Wood Siding

Parking

Garage

Sprinkle System

Yes

Dock

Yes

Exterior

Sprinkler System

Interior

Cooling

Central Air

Heating

Central

Appliances

Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer

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Lot Size

0.24 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Notice & Disclaimer

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

Blue Diamond Realty Group LLC

505 W Nolana Ave , Mcallen, TX 78504

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Blue Diamond Realty Group LLC, is a Texas real estate firm, located at 505 W Nolana Ave , Mcallen, TX 78504. Blue Diamond Realty Group LLC provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view Blue Diamond Realty Group LLC current listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View Blue Diamond Realty Group LLC Agent Roster.

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