About 1408 E Iris Avenue
Modern fourplex in a gated community with controlled access. The property consists of two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, providing an ideal mix for strong rental demand. Each unit features a modern design and comes fully equipped with washer, dryer, microwave, stove, and refrigerator. Contemporary finishes, functional layouts, and quality construction make this a low-maintenance asset built for long-term performance. Located in an amazing area close to the expressway, shopping centers, restaurants, hospitals, and schools, this property offers convenience and strong tenant appeal. Situated within a gated community, it provides added privacy and security. Whether you're an investor seeking a turnkey, cash-flowing asset or a first-time buyer looking to offset your mortgage with rental income, this fourplex presents a rare opportunity in one of McAllen’s most desirable locations.
Features of 1408 E Iris Avenue
| MLS® # | 494685 |
|---|---|
| Price | $620,000 |
| Square Footage | 4,500 |
| Acres | 0.24 |
| Year Built | 2023 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1408 E Iris Avenue |
|---|---|
| Subdivision | Park Terrace |
| City | McAllen |
| County | Hidalgo |
| State | TX |
| Zip Code | 78501 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Garage Faces Rear |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer |
|---|---|
| Appliances | Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Sprinkler System |
|---|---|
| Lot Description | Sidewalks, Sprinkler System |
| Roof | Shingle |
| Construction | Stucco, Wood Siding |
| Foundation | Slab |
School Information
| District | McAllen ISD |
|---|---|
| Elementary | Milam |
| Middle | Cathey |
| High | Memorial H.S. |
Additional Information
| Date Listed | February 16th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 500 |
| HOA Fees Freq. | Annually |
Listing Details
| Agent | Denyss Alanis |
|---|---|
| Office | Blue Diamond Realty Group LLC |
| Contact Info | 956-212-7547 |