Park Terrace Real Estate

Park Terrace Real Estate

Welcome to Park Terrace, a hidden gem nestled in the heart of Texas that perfectly blends suburban tranquility with urban convenience. This charming subdivision is a community where families thrive, friendships flourish, and memories are made. With its tree-lined streets and beautifully manicured lawns, Park Terrace invites you to experience the best of Texas living.

One of the standout features of Park Terrace is its family-friendly atmosphere. The subdivision boasts a variety of spacious homes that cater to diverse lifestyles, from cozy single-family residences to modern townhouses. Each property is designed with comfort and style in mind, providing ample space for both relaxation and entertainment. The sense of community here is palpable, with neighbors often gathering for seasonal events, block parties, and weekend barbecues.

Nature lovers will appreciate the nearby parks and recreational facilities, perfect for weekend picnics, hiking, or simply enjoying the great outdoors. The local playgrounds and sports fields offer a safe haven for children, while walking trails wind through the scenic surroundings, inviting residents to explore.

Convenience is key in Park Terrace, with easy access to major highways, shopping centers, and top-rated schools. Whether you’re commuting to work or seeking a delightful dining experience, everything you need is just a stone's throw away.

In Park Terrace, you’re not just buying a home; you’re investing in a lifestyle. Come and discover the warmth and charm of this vibrant community, where every day feels like a breath of fresh air in beautiful Texas. Welcome home!

Newest Listings in Park Terrace

$285,000
3 Beds ⋅ 2 Baths ⋅ 510020 MLS
Discover the perfect blend of space and versatility with this beautifully updated property featuring a 1,962 sq. ft. main home with 3 bedrooms and 3 full bathrooms, plus a 594 sq. ft. detached guest house complete with a kitchenette, full bathroom, and spacious living/sleeping area. Whether you need space for guests, extended family, a home office, or a private retreat, the guest house offers endless possibilities. Situated on a 0.36-acre lot (15,869 sq. ft.) at the end of a quiet cul-de-sac, this property features a fully fenced backyard, covered patio, and plenty of outdoor space to relax or entertain. The main home showcases beautiful updates throughout, including renovated flooring, and includes a stove, refrigerator, and dishwasher. Conveniently located near shopping, dining, schools, parks, Texas State Technical College, and Valley International Airport, this home offers comfort, flexibility, and an excellent location. Pets are negotiable with owner approval.

2202 Ella Street, Harlingen
$975,000
509959 MLS
Excellent investment opportunity in McAllen's newest multifamily subdivision, Park Terrace! This modern 6-unit apartment complex is ideally located at the corner of Nolana Avenue and Jackson Road, offering exceptional access to the area's top employers, shopping, and dining. Just 4 minutes from Doctors Hospital at Renaissance, 4 minutes from Expressway 281, and minutes from major retail and entertainment destinations, this property is perfectly positioned for strong rental demand. The property features an ideal unit mix of (3) 3-bedroom, 2-bath units and (3) 2-bedroom, 2-bath units. Each unit includes a refrigerator, stove, and microwave, providing added convenience for tenants. Built just 2 years ago, this newer construction offers modern finishes, low maintenance, and an excellent opportunity for investors seeking a quality, income-producing asset in one of McAllen's fastest-growing areas.

1201 E Iris Avenue, Mcallen
$510,000
506697 MLS
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.

1425 E Iris Avenue, Mcallen
$549,900
505314 MLS
Multi-family investment opportunity located at 1428 Iris Ave, McAllen, TX! Built in 2023, this modern four-unit property features an excellent unit mix with two spacious 3-bedroom, 2-bath units and two comfortable 2-bedroom, 2-bath units. Each apartment offers a sleek contemporary design with high ceilings, open-concept layouts, elegant quartz countertops, modern cabinetry, stylish finishes, and abundant natural light throughout. The kitchens are designed for both functionality and style, making these units highly attractive for tenants and owner-occupants alike. Conveniently located in the heart of McAllen near shopping, dining, schools, and major roadways, this property combines modern living with strong rental potential. Whether you are looking to expand your investment portfolio or live in one unit while generating income from the others, this is an outstanding opportunity you don’t want to miss!

1428 E Iris Avenue, Mcallen
$179,000
3 Beds ⋅ 2 Baths ⋅ 503542 MLS
Flood Damage, in need of repair... Call for more info. Featuring tile flooring throughout, it offers 3 spacious bedrooms, 2 bathrooms, and a 2-car garage. Upgrades in the last 9 years include: New Roof, Newer AC, New PVC plumbing, Water heater, Windows, light fixtures and fans, laminate floors in bedrooms. 2 Living areas, dishwasher, stove, microwave & fridge. Will leave washer and dryer. Enjoy the open-concept kitchen and expansive living room—perfect for entertaining. Step outside to a fully fenced backyard with plenty of space to relax or play. 2/Separate water meters.

2219 Ella Avenue, Harlingen
$645,000
497888 MLS
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.

1304 E Hibiscus Avenue, Mcallen
$555,000
494685 MLS
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.

1408 E Iris Avenue, Mcallen
$288,000
2 Beds ⋅ 2 Baths ⋅ 491641 MLS
Discover the perfect blend of tranquility and convenience at 805 Parkview Circle. Tucked away in a quiet neighborhood, this inviting home offers a peaceful retreat while keeping you close to everything Harlingen has to offer — dining, shopping, medical services, and more. Whether you’re relaxing at home or heading out, this location supports a comfortable, connected lifestyle.

805 Parkview Circle, Harlingen
$339,000
5 Beds ⋅ 4 Baths ⋅ 490625 MLS
Fully remodeled two-story home offering 3,769 sq ft of living space with 5 bedrooms and 4 bathrooms. Spacious layout across two floors with modern updates throughout. Features include a garage, mature trees, and a newly installed privacy fence, all situated on a .24-acre lot. Ideal for those seeking space, functionality, and move-in-ready convenience. Now offering $10,000 of seller credit!

829 W White Avenue, Raymondville
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