$549,900
Original price: $559,900
- 10 Beds
- 8 Baths
- 3,900 sqft
1428 E Iris Ave, McAllen, TX 78501
Est. Mortgage $4,125/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2023
$141/sqft
8 Carport Spaces
HOA $42/mo
Local Information
-- mins to
About this House
What's unique:Stylish finishesHigh ceilingsAbundant natural light throughoutSleek contemporary designElegant quartz countertopsModern cabinetry
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!
Last check for updates: about 17 hours 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.
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: 122 |
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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 |
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 |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | - | 06/02/26 | 10 | 8 | 4,200 | |
0.12 | Multi-Family Home | - | 12/19/25 | 10 | 8 | 4,216 | |
0.30 | Multi-Family Home | - | 08/28/26 | 10 | 8 | 3,976 | |
0.32 | Multi-Family Home | - | 03/09/26 | 8 | 8 | 4,488 | |
0.59 | Multi-Family Home | - | 08/12/26 | 10 | 8 | 4,200 | |
0.59 | Multi-Family Home | - | 09/10/26 | 10 | 8 | 4,200 | |
0.60 | Multi-Family Home | - | 05/04/26 | 8 | 8 | 3,648 | |
0.81 | Multi-Family Home | - | 04/29/26 | 12 | 8 | 3,984 | |
0.30 | Multi-Family Home | - | 03/09/26 | 4 | 4 | 3,976 | |
0.93 | Multi-Family Home | - | 09/04/26 | 10 | 8 | 4,100 |
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 |
|---|---|---|---|---|---|---|
0.02 | - | Studio | - | 4,500 | Recently Sold | |
0.03 | $555,000 | 10 | 8 | 4,500 | For Sale | |
0.01 | - | Studio | - | 4,500 | Recently Sold | |
0.05 | - | - | - | - | Off Market | |
0.05 | $539,000 | 8 | 7 | 4,012 | Off Market | |
0.06 | - | 10 | 8 | 4,416 | Off Market | |
0.02 | - | 8 | 7 | 3,933 | Off Market | |
0.04 | $510,000 | 3 | 3 | 4,320 | For Sale | |
0.11 | - | 10 | 8 | 4,200 | Recently Sold | |
0.12 | - | 10 | 8 | 4,216 | Recently Sold | |
0.13 | - | 5 | 4 | 4,200 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 23, 2026 Source: Greater McAllen AOR #505314 | PendingToActive | $549,900 |
Aug 11, 2026 Source: Greater McAllen AOR #505314 | Pending | $549,900 |
Jun 19, 2026 Source: Greater McAllen AOR #505314 | PriceChange | $549,900 Price decreased by 2% |
May 24, 2026 Source: Greater McAllen AOR #505314 | PriceChange | $559,900 Price increased by 2% |
May 20, 2026 Source: N/A | PriceChange | $547,000 Price decreased by 1% |
Apr 9, 2026 Source: N/A | PriceChange | $555,000 Price decreased by 2% |
Mar 20, 2026 Source: N/A | Listed For Sale | $565,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $10,606 | $555,433 |
Home facts updated by county records
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.
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Frequently asked questions about 1428 E Iris Ave
- What is the estimated monthly payment for 1428 E Iris Ave?Based on a $549,900 list price with 20% down at today's rates, the estimated monthly payment for 1428 E Iris Ave in McAllen, TX is approximately $4,129 (about $3,023 principal & interest, $1,031 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1428 E Iris Ave compare to homes in McAllen?1428 E Iris Ave in McAllen, TX is listed at $549,900, about 103% 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 1428 E Iris Ave?The closest schools to 1428 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 1428 E Iris Ave have air conditioning?Yes, 1428 E Iris Ave in McAllen, TX has air conditioning.
- Does 1428 E Iris Ave have laundry facilities?Yes, 1428 E Iris Ave in McAllen, TX has laundry facilities.
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.

