1425 E Iris Ave
McAllen, TX 78501
- 3 Beds
- 3 Baths
- 4,320 sqft
3 Beds
3 Baths
4,320 sqft
Local Information
-- mins to
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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$42/Monthly
Price/Sqft
$118
Listed
41 days ago
Home Details for 1425 E Iris Ave
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 4320 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, WasherDryerLaundry: Laundry Area,Washer/Dryer ConnectionRefrigeratorWasher |
Heating & Cooling Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Has Heating Unspecified Type |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: ShingleFencing: WoodOther Structures: Outbuilding (None)Exterior: NoneFoundation: Slab |
Parking & Garage Number of Carport Spaces: 8Number of Covered Spaces: 8Has a CarportNo GarageParking Spaces: 8Parking: Garage Faces Front |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 41 |
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Year Built Year Built: 2023 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family |
Building Construction Materials: StuccoDoes Not Include Home Warranty |
Property Information Parcel Number: P375800000004500 |
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Price List Price: $510,000Price Per Sqft: $118 |
Status Change & Dates Possession Timing: Closing and Funding |
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MLS Status: Active |
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Direction & Address City: McAllenCommunity: Park Terrace |
School Information Elementary School: MilamElementary School District: McAllen ISDJr High / Middle School: CatheyJr High / Middle School District: McAllen ISDHigh School: Memorial H.S.High School District: McAllen ISD |
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Listing Agent Listing ID: 506697 |
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Building Area Building Area: 4320 Square Feet |
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Community Features: Gated, Sidewalks, Street LightsUnits in Building: 2 |
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HOA Name: Streamline ManagementHas an HOAHOA Fee: $500/Annually |
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Lot Area: 9090.972 sqft |
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Energy Efficiency Features: Thermostat |
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Mls Number: 506697 |
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GatedSidewalksStreet Lights |
Last check for updates: about 10 hours ago
Listing courtesy of Jaime Lee Gonzalez, (956) 599-8400
Keller Williams Realty Rgv
Source: Greater McAllen AOR, MLS#506697
Also Listed on Greater McAllen AOR.
Market trends in McAllen
Last updated June 2026
Avg. sale price
$259K
$20KMoM
Sale-to-List Price
96.9%
0.1%MoM
Price per sq ft
$142
$1MoM
Available listings
784
4MoM
Price History for 1425 E Iris Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/08/2026 | $510,000 | Listed For Sale | Greater McAllen AOR #506697 |
| 04/04/2024 | -- | Sold | Greater McAllen AOR #427081 |
| 03/26/2024 | $535,000 | Pending | Greater McAllen AOR #427081 |
| 02/09/2024 | $535,000 | Listed For Sale | Greater McAllen AOR #427081 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $12,240 |
| Assessment | $641,016 |
Home facts updated by county records
Comparable Sales for 1425 E Iris Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Multi-Family Home | - | 03/09/26 | 4 | 4 | 3,976 | |
0.27 | Multi-Family Home | - | 01/24/26 | 2 | 2 | 4,907 | |
0.14 | Multi-Family Home | - | 09/22/25 | 10 | 8 | 4,216 | |
0.15 | Multi-Family Home | - | 06/02/26 | 10 | 8 | 4,200 | |
0.37 | Multi-Family Home | - | 03/09/26 | 8 | 8 | 4,488 | |
0.81 | Multi-Family Home | - | 07/25/25 | 4 | 4 | 3,780 | |
0.59 | Multi-Family Home | - | 05/04/26 | 8 | 8 | 3,648 | |
0.05 | Multi-Family Home | - | 03/17/26 | - | 4,500 | ||
0.06 | Multi-Family Home | - | 03/17/26 | - | 4,500 | ||
0.77 | Multi-Family Home | - | 04/29/26 | 12 | 8 | 3,984 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1425 E Iris Ave.
What Locals Say about McAllen
At least 745 Trulia users voted on each feature.
84 % Say parking is easy
81 % Say car is needed
80 % Say it's dog friendly
78 % Say yards are well-kept
75 % Say there's holiday spirit
74 % Say there are sidewalks
68 % Say it's quiet
65 % Say people would walk alone at night
63 % Say streets are well-lit
57 % Say kids play outside
56 % Say they plan to stay for at least 5 years
43 % Say it's walkable to restaurants
43 % Say neighbors are friendly
38 % Say it's walkable to grocery stores
24 % Say there are community events
20 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jaime Lee Gonzalez, Keller Williams Realty Rgv
Agent Phone: (956) 599-8400
Listing information is deemed reliable, but not guaranteed.
1425 E Iris Ave, McAllen, TX 78501 is a 3 bedroom, 3 bathroom, 4,320 sqft multi-family built in 2023. This property is currently available for sale and was listed by Greater McAllen AOR on Jun 8, 2026. The MLS # for this home is MLS# 506697.