Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    N Tom Gill Rd N Penitas, TX 78576

    For Sale
    $390,000

    Acreage - Penitas, TX

    Lot size:
    10.00 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 10 at 1:06 am

    Property Features for N Tom Gill Rd N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    H4250_04_028000100
    Lot size
    10.00 Acres

    Building Details

    Architectural style
    Other

    Encore Fine Properties (956) 821-6170 [email protected]

    Listing agent Gloria Y. Resendez (956) 821-6170

    Listing date Nov 2, 2025

    MLS# 485970 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    10 Acres in Penitas, TX

    This 10-acre property in Penitas, TX, presents numerous possibilities for development. The unimproved land is located minutes from Expressway 83 (Highway 83) and Walmart, offering excellent accessibility. Its proximity to the new overpass to Rio Grande City positions it well for future growth. The property is ideal for creating a subdivision, private estate, or investment project in this rapidly growing area. With no existing structures, the land offers the freedom to design and develop from scratch. Utilities are located nearby, facilitating development. This property is suitable for developers, investors, or those looking to build their dream project. Penitas is expanding quickly, making this a prime opportunity to invest in the area's future.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.434366
    Latitude
    26.31568

    Nearby Similar for Sale

    • $1,200,000
      3,182 SF

      Turnkey Restaurant in Growing Area

      Established restaurant with equipment in a rapidly developing location.
      204 Tom Gill Rd, Penitas, TX 78576
      View Details
    • $699,000
      10,164 SF

      Penitas TX Multifamily Investment Opportunity

      Fully occupied 8-plex near U.S. 83 in Penitas, TX.
      1502 Diamond Ave, Penitas, TX 78576
      View Details
    • $750,000
      0.51 Acres

      Prime Commercial Property in Penitas, TX

      Operating paint and body shop with high visibility and expansion potential.
      1501 Expressway 83, Penitas, TX 78576
      View Details
    • $299,900
      2,150 SF

      Penitas Office Space with Acreage

      Office space with garage on 1 acre plus 6.52 acres.
      1420 Expy 83 Hwy, Penitas, TX 78576
      View Details
    • $270,000
      3,248 SF

      Penitas Commercial Building - High Traffic Area

      Prime location, 3,248 sq ft, redevelopment opportunity.
      2110 Expressway 83, Penitas, TX 78576
      View Details
    • $500,000
      3,360 SF

      Penitas Commercial Property - High Visibility

      Prime corner lot, 3360 sqft, high traffic area.
      17922 Coconut Palm Dr, Penitas, TX 78576
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved land near Expressway 83, ideal for development.
    Where is this land located?
    The property is located at N Tom Gill Rd N Penitas, TX.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: - 10 acres of unimproved land offering unlimited development possibilities.; - Prime location in rapidly growing Penitas, TX, positioning it for future appreciation.; - Excellent accessibility: Minutes from Expressway 83 (Highway 83) and Walmart.
    (956) 821-6170
    Request Owner's contact information
    N Tom Gill Rd N Penitas, TX 78576
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    N Tom Gill Rd N
    Penitas, TX 78576
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N Tom Gill Rd N Penitas, TX 78576
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.