NOT LISTED FOR SALE

1705 Diamond Ave Penitas, TX 78576

Penitas Area

Estimated Value: $136,000

0.59 Acre
$230,508 Price per Acre
25,700 Sq Ft Lot

Sale Details

Date Sold: December 16, 2025

Current estimated payment $901 / mo

187 Days on Market

About This Lot

As of December 2025

This commercial vacant lot offers exceptional potential for development or investment, with easy access to E. Expressway 83 and close to national retailers, the post office, and local schools. A new Home Depot is breaking ground this year, expected to drive traffic and increase commercial value in the area.

Last Agent to Sell the Property

Araceli Carvajal

Re/Max Elite Listed on: 06/04/2025

Re/Max Elite

Last Buyer's Agent

Robert Guerra

Rgv Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,847

Lot Details

  • 25,700 Sq Ft Lot

Schools

  • Jfk Elementary School
  • Chavez Middle School
  • La Joya High School

Community Details

  • No Home Owners Association
  • Diamond Commercial Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number D437000000000500

Property Details

Property Type

Land

Est. Annual Taxes

$1,847

Lot Details

0.59 Acres

Listing Details

  • Directions: Head west on Expressway 83 (U.S. Route 83) toward Peñitas. Turn right onto Tom Gill Road (FM 2221). Proceed north on Tom Gill Road for approximately 0.5 miles. Turn right onto Diamond Avenue. Continue on Diamond Avenue for about 0.2 miles; the destination, 1705 Diamond Ave, will be on your left.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.59
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Diamond Commercial Park
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: None
  • Lot Features: Other, Curb & Gutters
  • Home Warranty: No

Utilities

  • Utilities: None, Sewer Available
  • Electricity On Property: No
  • Water Source: Other
  • Water Comments: None

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: JFK
  • High School: La Joya H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Chavez

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 25699.9644
  • Parcel #: D437000000000500

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1847

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Jan 15, 2026
Sold by
Bought by
Seller's Agent
Araceli Carvajal
Re/Max Elite
Buyer's Agent
Robert Guerra
Rgv Realty
List Price
$175,000
Views
39
Current Estimated Value
$136,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%

Purchase Details

Listed on
Jun 4, 2025
Closed on
Dec 12, 2025
Sold by
Bought by
Seller's Agent
Araceli Carvajal
Re/Max Elite
Buyer's Agent
Robert Guerra
Rgv Realty
List Price
$175,000
Views
39

Purchase Details

Closed on
Dec 30, 2024
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Penitas, TX

  • Luciano Martinez Real Estate Agent - Re/Max Platinum

    Luciano Martinez

    Responds Quickly

    Re/Max Platinum

    (956) 766-4507

    60 Total Sales

    1 in Penitas

    $250,000 Price

    Luciano Martinez
     Section Image
  • Isabel Cantu Real Estate Agent - Imperio Real Estate Llc

    Isabel Cantu

    Imperio Real Estate Llc

    (956) 450-7504

    123 Total Sales

    1 in Penitas

    $291,000 Price

    Isabel Cantu
     Section Image
  • David Ramirez Real Estate Agent - Exp Realty Llc

    David Ramirez

    Exp Realty Llc

    (956) 403-6355

    25 Total Sales

    1 in Penitas

    $86,000 Price

    David Ramirez
     Section Image
  • Homero Olivares Real Estate Agent - Tnt Real Estate

    Homero Olivares

    Responds Quickly

    Tnt Real Estate

    (956) 476-3381

    47 Total Sales

    3 in Penitas

    $55K - $440K Price Range

    Homero Olivares
     Section Image
  • Jacob Wiley Real Estate Agent - Keller Williams Realty RGV

    Jacob Wiley

    Keller Williams Realty RGV

    (956) 305-0815

    141 Total Sales

    1 in Penitas

    $130,000 Price

    Jacob Wiley
     Section Image
  • Juan C Salas Real Estate Agent - Big Realty

    Juan C Salas

    Big Realty

    (956) 468-3355

    5 Total Sales

    1 in Penitas

    $162,900 Price

    Juan C Salas
     Section Image
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Purchase 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 Buyer Sale Price Title Company
-- Dante Title
-- Dante Title
-- San Jacinto Title
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
12/16/2025 12/16/25 Sold -- -- --
12/09/2025 12/09/25 Pending -- -- --
10/03/2025 10/03/25 Price Changed $139,500 -4.1% --
07/02/2025 07/02/25 Price Changed $145,500 -16.9% --
06/04/2025 06/04/25 For Sale $175,000 -- --
Source: Greater McAllen Association of REALTORS®

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 $1,847 $77,101 $77,101
2024 $1,847 $77,101 $77,101
2023 $1,828 $77,101 $77,101 $0
2022 $2,014 $77,101 $77,101 $0
2021 $2,019 $77,101 $77,101 $0
2020 $2,055 $77,101 $77,101 $0
2019 $2,062 $77,101 $77,101 $0
2018 $2,067 $77,101 $77,101 $0
2017 $2,036 $77,101 $77,101 $0
2016 $2,036 $77,101 $77,101 $0
2015 $2,001 $77,101 $77,101 $0
Source: Public Records

Agents Affiliated with this Home

  • Araceli Carvajal Real Estate Agent - RE/MAX

    Seller's Agent in 2025

    Araceli Carvajal

    RE/MAX

    (956) 328-3404

    10 Total Sales

    Araceli Carvajal
    Section Image

  • R

    Buyer's Agent in 2025

    Robert Guerra

    Rgv Realty

    (956) 739-2849

    17 Total Sales

    Robert Guerra
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 472876

Greater McAllen Association of REALTORS®

APN: D4370-00-000-0005-00

Texas Hidalgo County Penitas 78576

1705 Diamond Ave, Penitas, TX

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed.

Copyright 2026 Greater McAllen Association of Realtors. All rights reserved.

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