1316 E Hibiscus Avenue McAllen, TX $ 547,500
1316 E Hibiscus Avenue
$ 547,500
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1316 E Hibiscus Avenue

McAllen, TX, 78501
$ 547,500
Bedrooms4 Baths4.0 Sq 4,216

Monthly Estimate*

$ 3,416

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Multi-Family Home for sale in McAllen, TX

for $547,500 with 4 bedrooms and 4 full baths. This 4,216 square foot home was built in 2023 on a lot size of 0.2353.

LIKE NEW Fully Leased & Cash-Flowing 4-Plex in Prime McAllen Location – Outstanding investment in the sought-after Park Terrace neighborhood, just south of Nolana and close to Jackson Rd. This income-generating property features four fully occupied units: two 2BD/2BA and two 3BD/2BA – an ideal mix for consistent rental demand. Each unit comes equipped with full appliances, including washer and dryer. Just minutes from Doctor’s Hospital at Renaissance and Expressway 281, with easy access to shopping, dining, and entertainment. Whether you're looking to grow your portfolio or live in one unit while renting the rest, this is a rare opportunity to own a performing asset in one of McAllen’s most desirable areas. Two units are currently month to month with long term tenants which means there is an opportunity for this to be an owner occupied investment option or for new owner to adjust rental prices if they see fit. All in all, this is a great opportunity you don't want to pass up.

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Multi-Family Pending

Price

$ 547,500

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,468

Style

Quadruplex

Lot Size

0.2353

Year Built

2023

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

483846

Features
General
Living Area 4216
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Closing and Funding
Roof Composition Shingle
Appliances Electric Water Heater Dishwasher Dryer Microwave Refrigerator Stove/Range-Electric Smooth Washer
HOA Fee 500
Garage Spaces 0
Patio/Porch Features Patio Slab
Security Features Smoke Detector(s)
Construction Materials Stucco
Year Built 2023
Stories Count 1
Property Subtype Quadruplex
Tax Year 2025
Gross Income 61200
Community Features Curbs Gated Sidewalks Street Lights
Assoc Fee Paid Per Annually
County Hidalgo
Insurance Expense 1300
New Construction No
Property Type Residential Income
Association Amenities Property Owners' Assoc.
HOA Yes
Energy Efficient Energy Star
MaintenanceExpense 300
Subdivision Name Park Terrace
Garage Y/N No
Other Structures Outbuilding (None)
Status Pending
Directions From Nolana and Jackson. Head South on Jackson turn right on Jonquil Ave. New Subdivision is on the left side. The property is located on Hibiscus which is the South side of the property when enterin
High School Memorial H.S.
City McAllen
Association Name Streamline Management Group
High School District Mercedes ISD
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 10250.1036
Carport Spaces 8
Carport Y/N Yes
Elementary School Milam
Tax Annual Amount 11468
Home Warranty Y/N No
Middle/Junior High School Cathey
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District Mercedes ISD
Elementary School District Mercedes ISD
Year Built Source HCAD
Legal Description PARK TERRACE LOT 6
Freehold BBO VOW IDX
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Crown/Cove Molding Decorative/High Ceilings Dryer Microwave Washer
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Energy Features (Double Pane Windows)
Laundry Features Laundry Closet
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Exterior
Fencing Privacy Wood
Parking Features No Garage
Lot Features Curb & Gutters Professional Landscaping Sidewalks
Water Source Public
Total Parking 8
Lot Size Area 10250.1036
Foundation Details Slab
Number of Buildings 2
Building Area Total 4216
Lot Size Acres 0.2353
Road Surface Type Paved
Covered Spaces 8
Number of Separate Water Meters 5
Other Equipment 2-10 Year Warranty
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Danielle Connolly

Listing Agent

Key Realty

Broker

danielleconnollyrgv@gmail.com

Email

Affordability Calculator

$4,371
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,416
Monthly Property Taxes
$956
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
5312107 Elementary School
5312108 Middle School
Memorial H.S. High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$547,500 Listed Price

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1316 E Hibiscus Avenue, McAllen, TX, 78501 is a Multi-Family Home for sale at $547,500 with 4,216 sqft and a lot size of 0.2353. 1316 E Hibiscus Avenue has 4 bedrooms, 4.0 baths, and was built in 2023. The property's zip code is 78501 which is in McAllen, TX