# 1425 E Iris Avenue, McAllen, TX 78501 > **TL;DR:** residential multi family, $510,000 ($118/sqft), built 2023, 4,320 sqft. > A/C. Est. $3,228/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $510,000 | | Price/sqft | $118 | | Square Feet | 4,320 | | Year Built | 2023 | | Lot Size | 9,091 sqft (0.21 acres) | | Stories | 1 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,579 | | Estimated Insurance | $149 | | HOA | $500 | | **Total** | **$3,228** | ## Nearby Schools - **Elementary:** Milam - **Middle:** Cathey - **High:** Memorial H.S. ## Key Amenities - A/C ## Property Highlights - Built in 2023 - 0.21 acre lot - 8 parking spaces ## Description ### Agent 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. ## Location - **Address:** 1425 E Iris Avenue, McAllen, TX 78501 - **County:** Hidalgo - **Neighborhood:** Park Terrace - **Coordinates:** 26.232362, -98.199051 - **Google Maps:** https://www.google.com/maps?q=26.232362,-98.199051 ## Listing Agent - **Name:** Jaime Lee Gonzalez - **Brokerage:** RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV - **Phone:** 9565998400 - **Broker Phone:** (956) 566-8377 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1425-E-Iris-Ave_McAllen_TX_78501_M90415-36344?f=listhub&s=GMARTX&m=506697&c=propsimple) ## Photos ![1425 E Iris Avenue - Photo 1](http://lh.rdcpix.com/b95301412019df5828a183d3bb68059dl-f1289043258r.jpg) --- **MLS#:** 506697 | **Updated:** 2026-06-08 **Source:** listhub *Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697#listing", "url": "https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697", "name": "1425 E Iris Avenue, McAllen, TX 78501", "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.", "image": [ "http://lh.rdcpix.com/b95301412019df5828a183d3bb68059dl-f1289043258r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/b95301412019df5828a183d3bb68059dl-f1289043258r.jpg", "caption": "1425 E Iris Avenue - McAllen, TX" }, "datePosted": "2026-06-08T21:38:08.128093+00:00", "dateModified": "2026-06-08T21:38:08.128093+00:00", "mainEntity": { "@type": "Accommodation", "@id": "https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697#property", "name": "1425 E Iris Avenue, McAllen, TX 78501", "address": { "@type": "PostalAddress", "streetAddress": "1425 E Iris Avenue", "addressLocality": "McAllen", "addressRegion": "TX", "postalCode": "78501", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 26.232362, "longitude": -98.199051 }, "image": [ "http://lh.rdcpix.com/b95301412019df5828a183d3bb68059dl-f1289043258r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "506697" }, "accommodationCategory": "Other", "floorSize": { "@type": "QuantitativeValue", "value": 4320, "unitCode": "FTK", "unitText": "square feet" }, "yearBuilt": 2023, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Central" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air" }, { "@type": "LocationFeatureSpecification", "name": "Appliances", "value": "Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer" }, { "@type": "LocationFeatureSpecification", "name": "Construction Materials", "value": "Stucco" }, { "@type": "LocationFeatureSpecification", "name": "Parking Features", "value": "Garage" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.21 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 1 }, { "@type": "PropertyValue", "name": "Parking Spaces", "value": 8 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697#offer", "url": "https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697", "price": 510000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697#agent", "name": "Jaime Lee Gonzalez", "telephone": "9565998400", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/1425-e-iris-avenue-mcallen-tx-78501-x506697#brokerage", "name": "RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV", "telephone": "(956) 566-8377" } } } ```