$350,000

00 Queen Palm Dr Penitas, TX 78576

Estimated payment $2,203/month

Total Views 3,206
1.04 Acres
$335,796 Price per Acre
45,403 Sq Ft Lot

Highlights

  • 1.04 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

Prime Commercial Corner Lot – 1.04 Acres in Penitas, TX. High-Traffic Location, Excellent Investment Opportunity.
Don’t miss this rare chance to own a high-visibility commercial corner lot at Mile 7 Rd and Queens Palm Dr. (Hwy 107), in the fast-growing city of Penitas. Surrounded by established businesses like Ashley’s Pediatrics and Junior’s Supermarket, this property is ideal for a restaurant, retail, daycare, auto service, or a multi-unit commercial plaza. Property Features include: 1.04 acres with excellent frontage and visibility, a Concrete parking lot already in place, currently leased to a tire shop; parking also leased to a taco stand, Room to expand or redevelop into a full commercial plaza. One of the few commercial lots available in the area. Motivated seller – priced to sell! Endless possibilities for investors or business owners.

Listing Agent

Joe Ramirez

Linda Vista Real Estate, Llc Listed on: 02/21/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,545

Lot Details

  • 1.04 Acre Lot
  • Property fronts a county road
  • Corner Lot
  • Property is zoned CO

Schools

  • Corina Pena Elementary School
  • Dr. Javier Saenz Middle School
  • La Joya High School

Community Details

  • No Home Owners Association
  • Pueblo De Palmas Norte Subdivision

Listing and Financial Details

  • Assessor Parcel Number P927901000002800

Property Details

Property Type

Land

Est. Annual Taxes

$3,545

Lot Details

0

Listing Details

  • Directions: From W Interstate Hwy 2, Mission, TX 78572, Take I-2 and Tom Gill Rd to Queen Palm Dr in Salida del Sol Estates, 18 min (14.2 mi), Turn left onto Queen Palm Dr, 1 min (0.5 mi), Go to corner of Queen Palm Dr. and 107 Mile Rd.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 1.0423
  • Road Frontage Type: City Street, County Road
  • Road Surface Type: Paved
  • Subdivision Name: Pueblo De Palmas Norte
  • GMAR_Escrow: 5000
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: Other
  • Lot Features: Corner Lot
  • Home Warranty: No

Utilities

  • Utilities: None, Water Available
  • Electricity On Property: No
  • Water Source: City
  • Water Comments: NONE

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Corina Pena
  • High School: La Joya H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Dr. Javier Saenz

Lot Info

  • Zoning: CO
  • Current Use: Commercial
  • Lot Size Sq Ft: 45403.0236
  • Parcel #: P927901000002800

Rental Info

  • Leased Rent Share: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3545

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 For Sale $350,000 -- --
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 461789

Greater McAllen Association of REALTORS®