$578,500
$22K PRICE DROP

121 Military Hwy Progreso, TX 78579

Progreso Area

Estimated payment $3,827/month

Total Views 20,576
2.48 Acres
$233,266 Price per Acre
108,029 Sq Ft Lot

About This Lot

Prime hard-corner commercial opportunity located at the signalized intersection of Military Highway and Mile 3 Road, just minutes from the Progreso International Port of Entry, one of the highest-traffic border crossings in the Rio Grande Valley. This 2.48-acre assemblage consists of two adjoining parcels and offers both immediate income and significant redevelopment potential. The front parcel (±0.75 acres) features an existing retail building with an active leases, providing in-place cash flow. The rear parcel (±1.73 acres) is vacant and ready for development, making this an ideal value-add or mixed-use redevelopment site. The property benefits from excellent frontage, multiple access points, strong daily traffic counts, and proximity to national retailers, residential density, and cross-border commerce driven by Progreso’s port activity. Suitable for retail, QSR, strip center expansion, pad sites, or phased development, this asset offers both stability and long-term growth.

Listing Agent

Victor Fuentes

Big Realty Listed on: 01/17/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,853

Lot Details

  • 2.48 Acre Lot
  • Property fronts a highway
  • Irregular Lot

Schools

  • Progreso Elementary And Middle School
  • Progreso High School

Community Details

  • No Home Owners Association
  • Orchard Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number O690000028000100

Property Details

Property Type

Land

Est. Annual Taxes

$7,853

Lot Details

2.48 Acres

Listing Details

  • Directions: corner of 121 Military and mile 3 in Progreso Texas.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 2.48
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: Orchard Homes
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Subdevelopment

Exterior Features

  • Fencing: Other
  • Lot Features: Other, Irregular Lot
  • Home Warranty: No

Utilities

  • Utilities: Electricity Connected, Water Connected, Phone Connected
  • Electricity On Property: Yes
  • Sewer: City Sewer
  • Water Source: Public, Other
  • Water Comments: NA

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Progreso
  • High School: Progreso H.S.
  • Junior High Dist: Progreso ISD
  • Middle Or Junior School: Progreso

Lot Info

  • Current Use: Commercial, Improved, Other
  • Lot Size Sq Ft: 108028.8
  • Parcel #: O690000028000100

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7853

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,854 $268,649 $264,533 $4,116
2024 $7,839 $267,896 $264,533 $3,363
2023 $7,480 $267,896 $264,533 $3,363
2022 $1,797 $59,580 $56,217 $3,363
2021 $1,806 $59,580 $56,217 $3,363
2020 $1,838 $59,580 $56,217 $3,363
2019 $1,050 $33,591 $30,228 $3,363
2018 $1,042 $33,591 $30,228 $3,363
2017 $1,050 $33,591 $30,228 $3,363
2016 $945 $30,228 $30,228 $0
2015 $937 $30,228 $30,228 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/01/2026 04/01/26 Price Changed $578,500 -3.6% --
01/17/2026 01/17/26 For Sale $600,000 -- --
Source: Greater McAllen Association of REALTORS®

About the Listing Agent

Victor Fuentes

Big Realty

(956) 955-6411

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Helping clients find homes and smart investments in the Rio Grande Valley one of the fastest growing regions in Texas. Whether you're buying your first home, relocating, or building your portfolio, I’m here to guide you through every step. The RGV continues to rank as a top up and coming area with strong value, great communities, and real opportunity.

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Source: Greater McAllen Association of REALTORS®

MLS Number: 492438

Greater McAllen Association of REALTORS®

APN: O6900-00-028-0021-00

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