1428 E Iris Ave
McAllen, TX 78501
- 10 Beds
- 8 Baths
- 3,900 sqft
10 Beds
8 Baths
3,900 sqft
Local Information
-- mins to
Description
Multi-family investment opportunity located at 1428 Iris Ave, McAllen, TX! Built in 2023, this modern four-unit property features an excellent unit mix with two spacious 3-bedroom, 2-bath units and two comfortable 2-bedroom, 2-bath units. Each apartment offers a sleek contemporary design with high ceilings, open-concept layouts, elegant quartz countertops, modern cabinetry, stylish finishes, and abundant natural light throughout. The kitchens are designed for both functionality and style, making these units highly attractive for tenants and owner-occupants alike. Conveniently located in the heart of McAllen near shopping, dining, schools, and major roadways, this property combines modern living with strong rental potential. Whether you are looking to expand your investment portfolio or live in one unit while generating income from the others, this is an outstanding opportunity you don’t want to miss!
Home Highlights
Parking
8 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
$42/Monthly
Price/Sqft
$141
Listed
41 days ago
Home Details for 1428 E Iris Ave
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Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 8 |
Dimensions and Layout Living Area: 3900 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater, Refrigerator, Stove/RangeLaundry: Laundry AreaRefrigerator |
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 |
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Exterior Home Features Roof: ShingleFencing: WoodOther Structures: OutbuildingExterior: OtherFoundation: Slab |
Parking & Garage Number of Carport Spaces: 8Number of Covered Spaces: 8Has a CarportNo GarageParking Spaces: 8Parking: Attached |
Frontage Road Surface Type: Paved |
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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: P375800000004300 |
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Price List Price: $549,900Price Per Sqft: $141 |
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: 505314 |
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Building Area Building Area: 3900 Square Feet |
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Community Features: NoneUnits in Building: 4 |
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HOA Name: Streamline ManagmentHas an HOAHOA Fee: $500/Annually |
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Lot Area: 9857.628 sqft |
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Energy Efficiency Features: Other |
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Mls Number: 505314 |
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None |
Last check for updates: 1 day ago
Listing courtesy of Roberto Leal, (956) 821-6864
Imperio Real Estate Llc
Source: Greater McAllen AOR, MLS#505314
Also Listed on Greater McAllen AOR.
Market trends in McAllen
Last updated May 2026
Avg. sale price
$239K
$1.83KMoM
Sale-to-List Price
96.9%
0.1%MoM
Price per sq ft
$141
$1MoM
Available listings
778
12MoM
Price History for 1428 E Iris Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/19/2026 | $549,900 | PriceChange | Greater McAllen AOR #505314 |
| 05/24/2026 | $559,900 | PriceChange | Greater McAllen AOR #505314 |
| 05/20/2026 | $547,000 | PriceChange | N/A |
| 04/09/2026 | $555,000 | PriceChange | N/A |
| 03/20/2026 | $565,000 | Listed For Sale | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,606 |
| Assessment | $555,433 |
Home facts updated by county records
Comparable Sales for 1428 E Iris Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | - | 09/22/25 | 10 | 8 | 4,216 | |
0.15 | Multi-Family Home | - | 06/02/26 | 10 | 8 | 4,200 | |
0.20 | Multi-Family Home | - | 07/18/25 | 10 | 8 | 4,402 | |
0.35 | Multi-Family Home | - | 03/09/26 | 8 | 8 | 4,488 | |
0.56 | Multi-Family Home | - | 05/04/26 | 8 | 8 | 3,648 | |
0.27 | Multi-Family Home | - | 07/11/25 | - | 5,952 | ||
0.77 | Multi-Family Home | - | 04/29/26 | 12 | 8 | 3,984 | |
0.26 | Multi-Family Home | - | 03/09/26 | 4 | 4 | 3,976 | |
0.99 | Multi-Family Home | - | 11/05/25 | 10 | 8 | 4,128 | |
1.06 | Multi-Family Home | - | 03/17/26 | 10 | 8 | 3,944 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1428 E Iris Ave.
What Locals Say about McAllen
At least 744 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
Roberto Leal, Imperio Real Estate Llc
Agent Phone: (956) 821-6864
Listing information is deemed reliable, but not guaranteed.
1428 E Iris Ave, McAllen, TX 78501 is a 10 bedroom, 8 bathroom, 3,900 sqft multi-family built in 2023. This property is currently available for sale and was listed by Greater McAllen AOR on May 24, 2026. The MLS # for this home is MLS# 505314.

