1425 E Iris Avenue, Mcallen, TX 78501

$510,000
4,320
SqFt

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List Price
$510,000
Status
ACTIVE
MLS#
506697
Living Area
4,320
Lot Size (Acres)
0.2087
Year Built
2023

Property 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.

Additional Information

Area
Mcallen
Subdivision
Park Terrace
Taxes
$15,118
HOA Fee
$500
Stories
1
Interior Features
Ceiling Fan(s), Walk-In Closet(s)
Amenities
Gated, Sidewalks, Street Lights
Exterior Features
None
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

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Jaime Lee Gonzalez with Keller Williams Realty Rgv