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$315,000
3 Beds 2 Baths 514661 MLS
Welcome to this beautiful and spacious home in the fast-growing city of Peñitas, Texas! Designed with comfort and style in mind, this immaculate home features a functional layout, neutral tones, abundant natural light, quartz countertops, and generous living spaces perfect for both everyday living and entertaining. Sitting on over half an acre, the oversized lot offers endless possibilities for outdoor gatherings, a future pool, added improvements, or your own private backyard retreat. Enjoy a convenient location just minutes from City Hall, the library, police and fire stations, and Highway 83 for easy access to shopping, dining, and everyday essentials. With Peñitas continuing to grow and new development underway, this home offers a wonderful combination of space, location, and long-term potential. Schedule your showing today!

2310 Yellow Stone Street, Penitas

$250,000
514111 MLS
INVESTORS WELCOME! 5 ACRES WITH ENDLESS POTENTIAL IN PEÑITAS! Discover this beautiful 5-acre wooded property with a motorized gated entrance, ideally located BEHIND Corina Peña Elementary School and just off Tom Gill Road in Peñitas. The location is hard to beat—conveniently close to Walmart Supercenter, Denny’s, Junior’s Meat Market, shopping, restaurants, and major roadways. The property previously had building improvements that have since deteriorated, but the possibilities are exciting! Whether you're looking to build your dream home on a private ranch-style property or explore the potential for a residential subdivision or investment development, this property offers plenty of opportunity. Large tracts of land next to schools are becoming increasingly rare. Don't miss the opportunity to see the possibilities for yourself—come take a look before it's gone! Schedule your private showing TODAY!

00 Liberty Road, Penitas

$379,000
2 Beds 4 Baths 514123 MLS
Modern 2026 Construction with Pool & Rental Potential! Welcome to this beautifully designed 2-bedroom, 2-bath home in Penitas, offering approximately 1,200 SqFt of modern living space. Built in 2026, this fairly new home features a contemporary interior, complete kitchen, comfortable living area, and a functional layout designed for everyday living or investment opportunities. Step outside to enjoy a private pool complemented by a spacious concrete slab and covered porch—perfect for relaxing, entertaining, or enjoying South Texas gatherings. The property is fully gated and offers plenty of parking, adding privacy and convenience. Two additional exterior restrooms provide added convenience for guests and outdoor activities. With its modern finishes, newer construction, outdoor amenities, and flexible potential for rental or other permitted uses, this property presents an excellent opportunity for those seeking a low-maintenance home or income-producing investment.

38309 E Circle 6, N Street, Penitas

$240,000
513945 MLS
Escape to your own private Texas ranch retreat! Nestled within the gated Villas West Ranches community in Penitas, this 10.135-acre tract offers the perfect blend of open pasture and native brush for privacy, recreation, or future homesite. The property is fully perimeter fenced with wire fencing and features a galvanized entrance gate, an established drive path through the center, and a private water well system complete with pressure tank and protective well house on a concrete slab. With no HOA, you'll enjoy the freedom to build your dream home, keep horses or livestock, hunt wildlife, or simply enjoy peaceful country living. The property's wide-open skies provide breathtaking sunrises and colorful South Texas sunsets, making every day feel like a getaway. Buyer and Buyer's Agent to verify all information, including property restrictions, utility availability, flood zone, measurements, and suitability for Buyer's intended use.

19882 Villa Hermosa Drive, Penitas

$949,000
510299 MLS
Discover a truly unique property offering space, versatility, and an impressive array of amenities on 4 acres. The centerpiece is a charming home featuring an attached two-car rear-entry garage, complemented by a detached four-car garage—perfect for vehicles, hobbies, workshops, or additional storage. For RV enthusiasts or income-producing opportunities, the property features 22 RV lots, providing exceptional potential for a private RV community, extended-family compound, or investment venture. Outdoor living takes center stage with a covered entertaining area by the swimming pool, creating the perfect setting for gatherings, relaxing, and enjoying the outdoors. A separate pavilion adds even more functionality and includes washers and dryers, along with a dedicated recreational area. Additional improvements include a large metal storage building, offering abundant room for equipment, vehicles, recreational toys, or business-related storage, as well as an outhouse for added convenience!

321 W Expressway 83, Penitas

$125,000
509040 MLS
Prime commercial opportunity in one of Penitas' fastest-growing corridors! Situated on approximately 0.95 acres with excellent frontage along FM 2221, this versatile property offers exceptional potential for commercial, mixed-use, or residential development (subject to applicable zoning and approvals). Surrounded by established businesses, shopping, restaurants, schools, and continuous area growth, this location provides outstanding visibility and accessibility for a wide range of future ventures. Whether you're an investor, or entrepreneur looking to capitalize on the area's expansion, this property is positioned to turn your vision into reality. Don't miss this opportunity to secure land in a high-demand, rapidly growing location.

38707 Fm 2221, Penitas

$200,000
3 Beds 2 Baths 507886 MLS
Looking for a home with room to spread out? This charming 3-bedroom, 2-bath home in Peñitas, TX offers a rare opportunity to own nearly half an acre with a spacious .49-acre lot! Move-in ready and well maintained, the home features comfortable living & dining areas, a functional kitchen and a convenient 2-car garage. 2 living areas - one on the front of the home and one on the back- just off the garage! Large bedrooms with privacy and a cute kitchen nook and full dining. So functional for everyday living! Property is gated with electronic entrance, a large yard and a private water well on this fully fenced perimeter plus plenty of space for entertaining, gardening, future additions, or simply enjoying the outdoors. Conveniently located just minutes from Highway 83, shopping, dining, and everyday amenities. This property combines extra space and privacy with easy access to town. Don't miss your chance to own a property with a generous lot size that's becoming harder & harder to find.

908 S Main Street, Penitas

$1,290,000
506399 MLS
Welcome to Hacienda El Campanario — one of the RGV's most iconic event venues. This fully operational special-use property sits on a gated estate in Penitas, TX featuring a grand covered pavilion with exposed wood trusses & stone fireplace, outdoor stone asador & granite bar, swimming pool, decorative water fountain, and manicured palm-lined grounds. The two-story main building offers a bridal/dressing suite, formal dining room, full kitchen with Talavera tile accents, master suite with stacked stone wall, multiple bathrooms with granite vessel sinks & glass showers, and authentic Saltillo tile & wood beadboard ceilings throughout. Ideal for weddings, quinceañeras, corporate events & private retreats. Gated entry with stone perimeter wall & bell tower monument sign. Turnkey opportunity. Call today!

1461 Pino Street, Penitas

$550,000
507209 MLS
Exceptional commercial opportunity in Peñitas, Texas! Situated on 1 acre, this established event center offers approximately 5,620 square feet of usable space, including a 4,168-square-foot main building designed to accommodate a variety of events. The venue features a spacious reception area, dedicated space for a band/DJ, a kitchen for food prep and catering needs, restrooms, and a versatile room that can serve as a dressing suite, bridal suite, office, or storage space. Decorative ceiling drapery and LED accent lighting create an inviting atmosphere, while wall-mounted air conditioning units help keep guests comfortable. The outside features mature trees, ample parking, and an outdoor patio complete with a fireplace. A camera system is also included, providing added security. The sale will convey with the existing tables and chairs, offering a turnkey opportunity for the next owner. This commercial property has tremendous potential and is ready for its next owner.

8815 W Mile 3 Road, Penitas

$489,000
4 Beds 2 Baths 505890 MLS
Luxury Living in the Heart of Penitas! This stunning custom-built residence offers elegance, comfort, and exceptional outdoor living. Situated on a spacious lot, the property features a gated entrance, expansive circular driveway, and a resort-style backyard complete with a sparkling swimming pool, covered patio areas, and ample space for entertaining. A standout feature is the detached mother-in-law suite/guest quarters, providing additional living space ideal for extended family, guests, a home office, or multi-generational living. Inside, you'll find spacious living areas, quality craftsmanship, and a thoughtfully designed floor plan. Conveniently located near schools, shopping, and major roadways while offering privacy and tranquility. Schedule your private showing today!

2008 Fir Avenue, Penitas

$599,000
505572 MLS
Attention All Investors! Incredible investment opportunity to own a fully occupied/rented 8-plex listed at $59 per sqft.! Located just north of U.S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom/2-bath units and one 3-bedroom/2-bath unit, which are all currently occupied (leased), ensuring immediate cash flow. Conveniently located near major roadways, shopping centers, and dining options, this 8-plex offers both a prime location and exceptional value. Whether you're looking to expand your portfolio or make a solid investment, this property is a growing and excellent location. Hurry and take advantage of this fantastic opportunity before it's gone!

1502 Diamond Avenue, Penitas

$178,500
5 Beds 2 Baths 504961 MLS
INVESTMENT OPPORTUNITY in Peñitas, TX! Situated on approximately 0.5 acre, this unique property offers exceptional potential with a versatile layout that functions as two homes in one due to a spacious addition. Ideal for investors, multi-generational living, or buyers seeking income-producing possibilities. Property requires repairs and updating but presents a strong value-add opportunity with significant upside potential. Spacious lot offers additional flexibility for outdoor living, storage, or future improvements. Conveniently located near schools, shopping, and major roadways in a growing area. With the right vision, this property could become an excellent rental investment or long-term asset. Being sold as-is.

1511 Arboledas Drive, Penitas