1304 E Hibiscus Avenue McAllen, TX $ 645,000
1304 E Hibiscus Avenue
$ 645,000
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1304 E Hibiscus Avenue

McAllen, TX, 78501
$ 645,000
Baths0.0 Sq 4,216

Monthly Estimate*

$ 3,971

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Studio

Multi-Family Home for sale in McAllen, TX

for $645,000. This 4,216 square foot home was built in 2023 on a lot size of 0.2353.

Exceptional Fourplex Investment Opportunity – 10 Beds | 8 Baths | 4 Modern Units Situated in a great location, the property offers the perfect combination of modern living, functionality, and strong income potential. Contemporary finishes, stylish kitchens with stainless steel appliances, spacious open layouts, and in-unit laundry for maximum tenant convenience, that provide comfort, privacy, and appeal to both long-term tenants and short-term rental guests. Situated in a gated community, residents enjoy added security creating an attractive lifestyle that helps maintain high tenant demand. With consistent rental income potential, low-maintenance construction, and a prime location in a growing market, this 4-plex stands out as an excellent opportunity for investors looking to expand their portfolio or enter the multifamily market with confidence. Whether you're seeking steady cash flow, long-term appreciation, or a versatile investment property, this property delivers on all fronts.

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Multi-Family Active

Price

$ 645,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,242

Style

Quadruplex

Lot Size

0.2353

Year Built

2023

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

497888

Features
General
Sewer City Sewer
Possession Closing and Funding
HOA Fee 500
Property Subtype Quadruplex
Tax Year 2025
Community Features Gated Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA true
Subdivision Name Park Terrace
Status Active
Directions Go west on Nolana Ave. pass McColl Rd. Then turn right on N K Center St. left on E Hibiscus Ave. Apartments will be on your left side.
High School Memorial H.S.
City McAllen
High School District McAllen ISD
Lot Size Units Square Feet
Lot Size Square Feet 10250.1036
Elementary School Milam
Tax Annual Amount 15242
Home Warranty Y/N false
Middle/Junior High School Cathey
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District McAllen ISD
Elementary School District McAllen ISD
Legal Description PARK TERRACE LOT 3
Freehold BBO VOW IDX
Living Area 4216
Cooling Central Air Electric
Roof Shingle
Appliances Electric Water Heater Dishwasher Dryer Microwave Refrigerator Stove/Range-Electric Smooth Washer
Garage Spaces 0
Construction Materials Stucco
Year Built 2023
Stories Count 1
New Construction false
Energy Efficient Thermostat
Garage Y/N false
Carport Spaces 8
Carport Y/N true
Year Built Source HCAD
Heating Central Electric
Patio/Porch Features Patio
Assoc Fee Paid Per Annually
Association Name Streamline Management
Insurance Expense 4000
Security Features Smoke Detector(s)
Other Structures Outbuilding (None)
Association Amenities Property Owners' Assoc.
Gross Income 66000
MaintenanceExpense 2000
Number Of Units Total 10
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Interior
Interior Amenities Ceiling Fan(s) Dryer Microwave Split Bedrooms Washer
Flooring Tile
Air Conditioning Y/N true
Window Features Energy Features (Double Pane Windows)
Heating Y/N true
Laundry Features Laundry Closet
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Exterior
Water Source Public
Lot Size Area 10250.1036
Lot Size Acres 0.2353
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Sidewalks
Fencing Wood
Parking Features Attached Garage Faces Front No Garage
Total Parking 8
Foundation Details Slab
Building Area Total 4216
Covered Spaces 8
Pool YN false
Number of Separate Water Meters 5
Number of Buildings 2
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* Excluded Features
List By
Angela M. Navarrete

Listing Agent

Keller Williams Realty Rgv

Broker

angela1navarrete@gmail.com

Email

Affordability Calculator

$5,242
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$1,270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057039 Elementary School
1204033 Middle School
Memorial H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2026$645,000 Listed Price

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1304 E Hibiscus Avenue, McAllen, TX, 78501 is a Multi-Family Home for sale at $645,000 with 4,216 sqft and a lot size of 0.2353. 1304 E Hibiscus Avenue is a studio with 0.0 baths and was built in 2023. The property's zip code is 78501 which is in McAllen, TX