1408 E Iris Avenue, Mcallen, TX 78501
- $555,000
- 4,500
- SqFt
- List Price
- $555,000
- Price Change
- ▼ $10,000 1783657899
- Status
- ACTIVE
- MLS#
- 494685
- Living Area
- 4,500
- Lot Size (Acres)
- 0.23620000000000002
- Year Built
- 2023
Property Description
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.
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Additional Information
- Area
- Mcallen
- Subdivision
- Park Terrace
- Taxes
- $12,859
- HOA Fee
- $500
- Stories
- 1
- Interior Features
- Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
- Amenities
- Gated, Sidewalks, Street Lights
- Exterior Features
- Sprinkler System
- Heating
- Central
- Cooling
- Central Air
- Sewer
- City Sewer
- School District
- McAllen ISD
- Elementary School
- Milam
- Middle School
- Cathey
- High School
- Memorial H.S.
Mortgage Calculator
Listing courtesy of Denyss Alanis with Blue Diamond Realty Group Llc