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    Penitas, TX
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    Penitas, TX Specialty Properties for Sale

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    La Joya, TX Palmview, TX Mission, TX Edinburg, TX Sullivan City, TX Alton, TX Mcallen, TX Los Ebanos, TX
    Gated Wedding Venue Estate
    Updated: Jun 20
    Gated Wedding Venue Estate

    1461 Pino Street, Penitas, TX 78576

    $1,290,000
    2,941 sqft 3.00 AC lot
    2,941‑square‑foot, two‑story main building with bridal suite, dining room, kitchen, master suite, and multiple bathrooms
    3‑acre gated event estate at 1461 Pino Street, Penitas, TX 78576
    Covered pavilion with exposed wood trusses and stone fireplace
    Outdoor asador, granite bar, swimming pool, fountain, patio, deck, and porch
    Stone perimeter wall, motorized gate, bell tower monument sign, and sprinkler system
    View details
    Commercial Building with Drive-Through
    Updated: Jul 14
    Commercial Building with Drive-Through

    513 N Tom Gill Road, Penitas, TX 78576

    $2,250,000
    9,014 sqft
    Commercial property at 513 N Tom Gill Rd on 1.6105 acres
    9014 total building area with masonry front facade and steel sides; year built 2009
    Event center setup plus an additional 1,235 SF drive‑through restaurant/sno‑cone specialty shop
    Over 70 parking spaces (75 total covered) with blacktop and enclosed parking
    Retail features include double pane energy windows; HVAC and heating included
    View details
    Hacienda El Campanario Wedding Venue
    Hacienda El Campanario Wedding Venue

    1461 Pino St, Penitas, TX 78576

    $1,290,000
    2,941 sqft

    Operating event property with a gated setting, covered pavilion, pool, and dedicated bridal suite.

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    See hot listings in Penitas

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Freestanding Sonic Investment Property
    Freestanding Sonic Investment Property

    1815 E Expressway 83, Penitas, TX 78576

    Contact for pricing
    1,227 sqft

    New 20-year NNN lease with rental increases in Penitas, Texas.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 4 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Expressway Flex Space with Workshop
    Expressway Flex Space with Workshop

    7710 W Expressway 83, Mission, TX 78572

    $350,000
    1,800 sqft 0.50 AC lot

    Two-building commercial property with a front office area and rear workshop configuration.

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    Wedding Venue Property
    Wedding Venue Property

    307 W Expressway 83, Sullivan City, TX 78595

    $850,000
    10,585 sqft 1.14 AC lot

    Former event-center improvements are situated directly on Expressway 83.

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    Olive Garden NNN Ground Lease
    Olive Garden NNN Ground Lease

    1405 E Expressway 83, Mission, TX 78572, Mission, TX 78572

    $3,368,000
    7,805 sqft

    High-performing Olive Garden with long-term ground lease in Mission, TX.

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    Former Church on High-Traffic Area
    Former Church on High-Traffic Area

    0 El Pinto Road, Sullivan City, TX 78595

    $150,000
    2,700 sqft

    2,700 SF former church on 0.92 acres.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot in Mission, TX
    Corner Lot in Mission, TX

    125 S Arizona Street, Mission, TX 78573

    $130,000
    0.34 AC lot

    Oversized corner lot, prime location, endless possibilities.

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    Off-Market Properties in Penitas, TX

    Consider similar Off-Market properties in Penitas, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1713 Diamond Ave
    DAY CARE, PRE-SCHOOL

    1713 Diamond Ave, Penitas, TX 78576-8327

    Estimated value:
    $310,000
    6,194 sqft 0.59 AC lot
    View details
    1220 Expy 83
    DAY CARE, PRE-SCHOOL

    1220 Expy 83, Penitas, TX 78576

    Estimated value:
    $220,000
    1,456 sqft 0.18 AC lot
    View details
    516 Arboledas Dr
    DAY CARE, PRE-SCHOOL

    516 Arboledas Dr, Penitas, TX 78576

    Estimated value:
    $270,000
    3,092 sqft 0.50 AC lot
    View details
    Penitas, TX 78576
    DAY CARE, PRE-SCHOOL

    Penitas, TX 78576

    Estimated value:
    $325,000
    6,160 sqft 0.95 AC lot
    View details
    1606 La Fuente Dr
    Restaurants

    1606 La Fuente Dr, Penitas, TX 78576

    Estimated value:
    No data
    View details
    16025 Tom Gill Rd
    DAY CARE, PRE-SCHOOL

    16025 Tom Gill Rd, Penitas, TX 78576-7433

    Estimated value:
    $380,000
    8,000 sqft 1.89 AC lot
    View details
    Expy 83
    DAY CARE, PRE-SCHOOL

    Expy 83, Penitas, TX 78576

    Estimated value:
    $585,000
    6,603 sqft 1.13 AC lot
    View details
    1005 Expy 83
    FUNERAL HOME

    1005 Expy 83, Penitas, TX 78576-8149

    Estimated value:
    $535,000
    12,384 sqft 1.50 AC lot
    View details

    Penitas, TX Specialty Properties Market Trends and Statistics

    Explore 12 specialty properties for sale in Penitas, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,123 square feet of properties for sale, with an estimated market value of $4,830,000.

    Sale prices for properties in Penitas, TX start at $1,290,000, averaging $1,610,000, and reaching up to $2,250,000 — 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

    Wedding venues 3
    NNN properties 2

    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
    Alamo - 78516 $260K
    Penitas - 78576 $1.3M

    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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