Primary listing photo

1425 E Iris Ave, McAllen, TX, 78501

3beds
3baths
4,320sqft
$510,000
$118price/sqft
$4,296/moest. monthly cost
$171,840/yrincome needed

About This Home

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.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

8/10
Allen & William Arnold Elementary SchoolGrades PK-51.0 mi
5/10
Lyndon B Johnson Middle SchoolGrades 6-81.9 mi
6/10
PSJA North High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Dryer,Refrigerator,Stove/Range-Electric Smooth,Washer
  • Laundry features: Laundry Area,Washer/Dryer Connection

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Ceiling Fan(s),Walk-In Closet(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,320
  • Total interior livable area: 4,320 sqft

Property

Details

  • Parcel number: P375800000004500

Features

  • Exterior features: None
  • Fencing: Wood

Lot

  • Lot size: 9,090 sqft
  • Features: Irregular Lot

Parking

  • Total spaces: 8
  • Parking features: Garage Faces Front
  • Covered spaces: 8
  • Carport: Yes
  • Carport spaces: 8