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Penitas, TX Land for Sale

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Storefront Property with Expansion Land
Updated: Apr 7
Storefront Property with Expansion Land

1312 Expressway 83, Penitas, TX 78576

$1,100,000
6,820 sqft 1.76 AC lot
6,820‑square‑foot commercial storefront building
Approximately 1.76 acres including building, parking lot, and vacant expansion land
Immediate access from eastbound Expressway 83 and Buenavista Street
Recent uses included medical clinic, pharmacy/retail, and office/insurance
Brick construction completed in 1983
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16.5-Acre Land Tract
Updated: Jul 13
16.5-Acre Land Tract

Tom Gill Road, Penitas, TX 78576

$785,000
16.00 AC lot
16.5‑acre tract in Penitas
Barbed wire fencing on the property
Near Expressway 83, with access to schools and shopping
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Corner Residential Development Lot
Corner Residential Development Lot

17928 Washington Palm Drive, Penitas, TX 78576

$160,000
0.50 AC lot

Corner lot with public water and sewer available, suited for building in a residentially zoned area.

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See what stands out in Hidalgo County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Prime Commercial Land on Expressway
Prime Commercial Land on Expressway

2400 W. Expressway 83, Penitas, TX 78576

$3,000,000
2.68 AC lot

2.68-acre commercial tract with high-traffic frontage on Expressway 83.

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Penitas, TX Land Opportunity
Penitas, TX Land Opportunity

17009 Tom Gill Road, Penitas, TX 78576

$160,000
1.42 AC lot

Three lots being sold together, ideal for residential or investment.

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3 Acres of Land, Penitas
3 Acres of Land, Penitas

Pino Street, Penitas, TX 78576

$200,000
3.00 AC lot

Three acres of land present endless possibilities in Penitas, TX.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
1.34 Acre Land in Penitas
1.34 Acre Land in Penitas

Pino Street, Penitas, TX 78576

$88,000
1.34 AC lot

1.34 acre tract offering endless possibilities on Pino St.

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Residential Development Land Tract
Residential Development Land Tract

00 Tom Gill Rd, Penitas, TX 78576

$785,000
16.50 AC lot

A 16.5-acre land tract in Penitas suited for residential estate or ranchette-style home development.

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Land, Penitas, TX
Land, Penitas, TX

8911 W Mile 3 Road, Penitas, TX 78576

$265,000
1.78 AC lot

Residential land & home lots · 1.78 Acres

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Land, Penitas, TX
Land, Penitas, TX

1803 Marble Street, Penitas, TX 78576

$175,000
0.92 AC lot

Land · 0.92 Acres

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Residential Home Building Lot
Residential Home Building Lot

17713 Salida Del Sol Street, Penitas, TX 78576

$200,000
1.95 AC lot

Nearly two acres of residential land in Penitas with easy access to Highway 107 for a custom home build.

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Commercial Land with FM Frontage
Commercial Land with FM Frontage

38707 FM 2221, Penitas, TX 78576

$125,000
0.95 AC lot

Public water service is identified for the site.

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Land, Penitas, TX
Land, Penitas, TX

1107 Pino Street, Penitas, TX 78576

$140,000
2.00 AC lot

Land · 2.00 Acres

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Land / Acreage
Land / Acreage

Lot 52 Salida Del Sol Street, Penitas, TX 78576

$197,000
104,509 sqft

Residential land & home lots · 104,509 SF

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Land, Penitas, TX
Land, Penitas, TX

17713 Salida Del Sol Street, Penitas, TX 78576

$200,000
1.91 AC lot

Land · 1.91 Acres

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Residential Acreage with Slab Foundation
Residential Acreage with Slab Foundation

18611 Villa Hermosa Drive, Penitas, TX 78572

$170,000
3.00 AC lot

3-acre ranchette in Penitas with utilities connected, gated entry, and a poured concrete slab ready for your build.

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Residential Development Land Opportunity
Residential Development Land Opportunity

5201 Tom Gill Rd, Penitas, TX 78576

$799,000
9.00 AC lot

For-sale 9-acre land parcel in Penitas with room for future residential development or custom home plans.

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3-Acre Residential Land Tract
3-Acre Residential Land Tract

18803 Villa Hermosa Drive, Penitas, TX 78560

$195,000
3.00 AC lot

Residentially zoned 3-acre tract in Penitas, offered for sale with no HOA noted in the remarks.

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Vacant Land Commercial Potential
Vacant Land Commercial Potential

38707 W Mile 7 Rd, Penitas, TX 78576

$125,000

Vacant land with commercial potential near schools and highway.

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Land, Penitas, TX
Land, Penitas, TX

39006 Jayden Drive, Penitas, TX 78576

$66,000
0.50 AC lot

Land · 0.50 Acres

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Land
Land

00 Liberty Blvd, Penitas, TX 78576

$250,000

Residential land & home lots

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Half-Acre Lot in Penitas, TX
Half-Acre Lot in Penitas, TX

2755 La Maceta Street, Penitas, TX 78576

$85,500
0.50 AC lot

Half-acre lot perfect for building a dream home.

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Land
Land

1803 Marble St, Penitas, TX 78576

$175,000

Residential land & home lots

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Land, Penitas, TX
Land, Penitas, TX

Liberty Road, Penitas, TX 78576

$250,000
5.00 AC lot

Residential land & home lots · 5.00 Acres

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Penitas, TX Land Market Trends and Statistics

Explore 72 land for sale in Penitas, TX, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 4,951,896 square feet of properties for sale, with an estimated market value of $10,235,500.

Sale prices for lots in Penitas, TX start at $66,000, averaging $379,092, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 19
Residential land & home lots 19

Demographics Overview

Population 14K
Population Growth (5Y) +26.7%
Median Household Income $48,205
College Educated 8.6%

High-Yield Neighborhoods for Investment

Identify Penitas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Mission - 78572 $170K
La Joya - 78560 $195K
Penitas - 78576 $368.7K

Taxes & Financing

Tax Rate (average for all types) 2.50%
Property Tax per SF $63.66 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hidalgo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hidalgo County

Retail

Office

Residential Income

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