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$450,000

204 W Iris Ave, McAllen, TX, 78501

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200 / sqft
Year BuiltBuilt in 1986

About this property

BEAUTIFULLY REMODELED IN MID-TOWN MCALLEN, 204 W. Iris Ave. leaves little to be desired! This home is completely updated with new paint, new tile, new windows throughout, along with the newly-designed open concept living and chef's kitchen. Entertain guests like never before with the oversized island, double ovens, and tons of dining space. Each bathroom is completely updated with gorgeous tile, counters, and hardware. Passing through the oversized bonus room, exit to the covered patio which overlooks the huge, sparkling pool and gazebo, with extra backyard space all around. The updated, full outside bathroom adds a special touch to your outdoor entertaining and relaxing. This beauty is move-in ready with two newer AC systems, new AC ductwork, a new water heater, newer kitchen appliances, a water softener for the entire house, and reverse osmosis in the kitchen. Ask for the full update list, along with before/after photos; we'd love to share with you this amazing transformation!

Investor Tools

$0Estimated Mortgage Balance
$320,723Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Maranda Cruz

TNT Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McAllen

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