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1425 E Iris Avenue, Mcallen, TX 78501

$510,000
: 4,320
SqFt

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List Price: $510,000
Status: ACTIVE
MLS#: 506697
Year Built: 2023
Living Area: 4,320
Lot Size: 9,091
Acres: 0.21
Subdivision: Park Terrace
MLS Area Major: Mcallen

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Property Description

Prime investment opportunity, this fully occupied fourplex offers exceptional convenience just minutes from DHR, the medical district, dining, and retail destinations. Nestled in the Park Terrace subdivision at the southwest corner of Jackson Road and Jonquil Avenue, the property boasts a striking mid-century modern aesthetic. The property consists of two buildings with a total of four units, featuring a balanced mix of one 2-bedroom, 2-bathroom unit and one 1-bedroom, 1-bathroom unit in each building. A great opportunity to own a well-maintained, fully leased property in a premier location.

(512) 596-9111

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Additional Information

Amenities: Gated, Sidewalks, Street Lights
Interior Features: Ceiling Fan(s), Walk-In Closet(s)
Exterior Features: None
Taxes: $15,118
HOA Fee: $500
HOA Frequency: Annually
Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Heating: Central
Air Conditioning: Central Air
Stories: 1
Foundation: Slab
Parking Features: Garage Faces Front
School District: McAllen ISD
Elementary School: Milam
Middle School: Cathey
High School: Memorial H.S.