$510,000
- 3 Beds
- 3 Baths
- 4,320 sqft
1425 E Iris Ave, McAllen, TX 78501
Est. Mortgage $3,787/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2023
$118/sqft
Garage
HOA $42/mo
Local Information
-- mins to
About this House
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.
Last check for updates: about 4 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.
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: 99 |
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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 |
Around this home
What Locals Say about McAllen
At least 746 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.
Market trends in McAllen
Last updated August 2026
Avg. sale price
$270K
$7.92KMoM
Sale-to-List Price
97.1%
0.1%MoM
Price per sq ft
$142
$0MoM
Available listings
781
21MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.15 | Multi-Family Home | - | 06/02/26 | 10 | 8 | 4,200 | |
0.16 | Multi-Family Home | - | 12/19/25 | 10 | 8 | 4,216 | |
0.26 | Multi-Family Home | - | 08/28/26 | 10 | 8 | 3,976 | |
0.37 | Multi-Family Home | - | 03/09/26 | 8 | 8 | 4,488 | |
0.59 | Multi-Family Home | - | 05/04/26 | 8 | 8 | 3,648 | |
0.56 | Multi-Family Home | - | 08/12/26 | 10 | 8 | 4,200 | |
0.56 | Multi-Family Home | - | 09/10/26 | 10 | 8 | 4,200 | |
0.05 | Multi-Family Home | - | 03/17/26 | - | 4,500 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | - | 8 | 7 | 3,933 | Off Market | |
0.05 | - | Studio | - | 4,500 | Recently Sold | |
0.06 | - | Studio | - | 4,500 | Recently Sold | |
0.07 | $555,000 | 10 | 8 | 4,500 | For Sale | |
0.09 | - | - | - | - | Off Market | |
0.08 | $542,500 | 8 | 7 | 4,012 | Off Market | |
0.10 | - | 10 | 8 | 4,416 | Off Market | |
0.12 | - | 3 | 2 | 1,365 | Recently Sold | |
0.16 | $490,000 | 4 | 4 | 4,260 | For Sale | |
0.16 | - | 10 | 8 | 4,088 | Off Market | |
0.16 | - | 10 | 8 | 4,216 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Jun 8, 2026 Source: Greater McAllen AOR #506697 | Listed For Sale | $510,000 |
Apr 4, 2024 Source: Greater McAllen AOR #427081 | Sold | -- |
Mar 26, 2024 Source: Greater McAllen AOR #427081 | Pending | $535,000 |
Feb 9, 2024 Source: Greater McAllen AOR #427081 | Listed For Sale | $535,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $12,240 | $641,016 |
Home facts updated by county records
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.
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Frequently asked questions about 1425 E Iris Ave
- What is the estimated monthly payment for 1425 E Iris Ave?Based on a $510,000 list price with 20% down at today's rates, the estimated monthly payment for 1425 E Iris Ave in McAllen, TX is approximately $3,799 (about $2,768 principal & interest, $956 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1425 E Iris Ave compare to homes in McAllen?1425 E Iris Ave in McAllen, TX is listed at $510,000, about 89% above the $270K median sale price in McAllen.
- What do residents say about McAllen?Residents describe McAllen, TX as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in McAllen, TX.
- What are the closest schools to 1425 E Iris Ave?The closest schools to 1425 E Iris Ave in McAllen, TX are Allen & William Arnold Elementary School (Pre-K, rated 8/10), Lyndon B Johnson Middle School (rated 5/10), PSJA North High School (rated 6/10).
- Does 1425 E Iris Ave have air conditioning?Yes, 1425 E Iris Ave in McAllen, TX has air conditioning.
- Does 1425 E Iris Ave have laundry facilities?Yes, 1425 E Iris Ave in McAllen, TX has in-unit laundry.
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.