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$1,907,667
498568 MLS
Seize the opportunity to develop in the thriving City of Peñitas, Texas! This 3.65-acre property offers approximately 400 feet of Expressway 83 frontage, with over 35,000 vehicles passing daily. This bustling thoroughfare is a crucial route for commuters traveling between McAllen, Mission, Edinburg, and beyond. Just 8 miles west of Mission and 25 miles east of Rio Grande City, the property sits in the heart of a fast-growing region surrounded by new retail developments. With its prime location and high visibility, this site is ideal for a retail shopping center, restaurant, medical facility, or office complex. Don’t miss out on this exceptional development opportunity in a rapidly expanding market! The lot immediately to the west, just across the access road, is also for sale. This presents a unique opportunity for buyers to purchase both properties as a package or individually, offering even more development potential in this high-traffic area.

W Frontage W Road, Penitas

$490,000
4 Beds 3 Baths 491326 MLS
Welcome to country living - This beautifully designed home blends the timeless charm of a farmhouse with the sophistication of a modern interior. This one acre property features a classic façade, inviting porch and thoughtful architectural details to create a warm curb appeal. Complete with 4 bedrooms, 3 bathrooms & a bonus room with en-suite, this open concept layout is perfect for entertaining or family game night. The kitchen is a true centerpiece with streamlined cabinetry, quartz countertops and a walk-in pantry. A large covered porch offers the perfect space to relax, entertain, or enjoy your morning coffee. Adding to its appeal, the property allows livestock, offering flexibility for hobby farming, animals, or a true country lifestyle—without sacrificing modern comfort or style.

39016 Mile 4 Road, Penitas

$450,000
3 Beds 2 Baths 486240 MLS
Welcome to this unique corner-lot home sitting on a spacious half-acre lot! This beautiful property features 3 bedrooms, 1 office/TV room, and an open-concept living area that seamlessly connects the living room, dining, and kitchen—perfect for family gatherings and entertaining. Step outside to enjoy the custom-built BBQ area, ideal for weekend cookouts and celebrations. The property also includes a detached building equipped with its own shower, restroom, bar, and bedroom—a great space for guests, a man cave, or private entertainment. With plenty of yard space, mature landscaping, and a prime corner location, this home offers comfort, versatility, and endless possibilities. Don’t miss out on this rare find in Peñitas—schedule your private tour today!

1600 Platinum Street, Penitas

$750,000
1 Beds 1 Baths 484074 MLS
Attention investors and visionaries! This expansive 10-acre property offers incredible potential for development, income generation, or a private compound. With three existing structures and plenty of space to expand, the possibilities are endless. The main home features 1 bedroom and 1 bathroom, ready for updates or immediate use while renovations continue. An attached unfinished 3-bedroom, 1-bathroom addition is already framed and waiting for your finishing touches, roof, interior, and final design choices needed to bring it to life. Across the property, you’ll find a second small home (1 bed, 1 bath) that’s a complete fixer-upper, perfect for a guest house, rental, or flip project once restored. Ideal for building your dream home, or for investors, builders, or anyone looking to build or remodel multi-units on one parcel. This is a true diamond in the rough, perfect for the savvy investor ready to capitalize on acreage, location, and existing infrastructure.

1403 White Rock Street, Penitas

$900,000
481320 MLS
Exceptional investment in a thriving and fast-growing area, benefit from strong daily traffic, anchored by national retailers and major brand neighbors. This established building and restaurant package offers everything you need for a true turnkey operation, perfect for seasoned restaurateurs or entrepreneurs ready to launch their vision. Generous square footage designed to accommodate dine-in service, bar/lounge area, and take-out options. Convenient customer access with plenty of on-site and shared parking spaces. Located in a corridor experiencing rapid residential and commercial development, making this a rare opportunity to capture long-term value. Opportunities like this don’t come around often. Don't miss this great opportunity schedule your appointment today! Owner Finance options available.

204 Tom Gill Road, Penitas

$2,250,000
470139 MLS
FOR SALE! GREAT COMMERCIAL BUILDING IN GROWING PENITAS TEXAS! 513 N Tom Gill Rd! This +/-8,000 square foot building is built TOUGH with Front façade done in solid masonry & the other sides done in Steel!! THIS BUILDING IS SUITABLE FOR A COMMUNITY CENTER, CITY OFFICES, SENIOR CENTER OR ALMOST ANY OTHER COMMERCIAL MEETING PLACE NECESSARY FOR A GROWING COMMUNITY SUCH AS PENITAS! CURRENTLY BEING USED AS AN EVENT CENTER WITH SEVERAL CONTRACTS FOR THE FUTURE THAT WILL CONVEY!! LOCATED NEAR BANKS, WAL-MART SUPERCENTER AND THE GROWING EAST-WEST U.S. HIGHWAY 83 CORRIDOR AND HAS OVER 70 PARKING SPACES! ALSO FOUND ON THIS 1.605 ACRE PROPERTY IS A SMALL(1,235 SQ-FT) DRIVE-THROUGH RESTAURANT/SNO-CONE SPECIALTY SHOP THAT BRINGS IN A STEADY CASH FLOW OR CAN ALSO BE TURNED INTO A DRIVE-THRU PAY CENTER FOR ANY TYPE OF SERVICE! ALL REASONABLE OFFERS WILL BE CONSIDERED!

513 N Tom Gill Road, Penitas

$1,202,500
470074 MLS
Prime Development Opportunity in Peñitas, Texas Seize the chance to develop a 65-acre parcel of land in the rapidly growing area of Peñitas, TX. This property is perfect for residential or commercial development, offering immense potential for real estate developers looking to capitalize on a high-growth market. 65 acres of versatile land, ready for development with a prime location in Peñitas, TX. Easy access to local amenities and major thoroughfares, this site boasts immediate proximity to newly built public schools...a sure sign of continued growth and community investment in the area! Ideal for both residential neighborhoods and commercial projects, providing flexibility for diverse development plans. This is a rare opportunity for developers to invest in a booming area with promising returns. Don’t miss out on the chance to shape the future of Peñitas with your vision.

00 Mile 7 Street, Penitas

$450,000
4 Beds 4 Baths 461511 MLS
Experience the elegance of this modern home, perfectly situated on a generous half-acre lot. Boasting 4 spacious bedrooms, 2 full baths, and 2 half baths, this residence features a striking modern interior with high decorative ceilings and sleek tile flooring. The kitchen includes quartz countertops, a large island, a pot filler, a walk-in pantry, and abundant cabinet storage. The large living room is ideal for family gatherings. The master suite offers a large walk-in shower, double vanities, and a generous walk-in closet. Noteworthy features include energy-efficient insulation, exterior soffit receptacles controlled by a switch, a camera and alarm system, and dual AC units. Come see this exceptional home and experience its unparalleled charm.

1302 Quartz Street, Penitas