# 001 Mile 3 Road, Penitas, TX 78576

> **TL;DR:** land, $290,000. Est. $1,551/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $290,000 |
| Lot Size | 357,628 sqft (8.21 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,466 |
| Estimated Insurance | $85 |
| **Total** | **$1,551** |

## Nearby Schools

- **Elementary:** Clinton
- **Middle:** Schunior
- **High:** Juarez-Lincoln H.S.

## Property Highlights

- 8.21 acre lot

## Description

### Agent Description
OWNER FINANCING AVAILABLE! Discover an exceptional opportunity to own approximately 9 acres in the growing city of Penitas, Texas! This spacious property offers tremendous potential for investors, developers, or buyers looking to build their dream home with plenty of room to expand. Whether you're considering residential development, a private estate, or a long-term land investment, this property offers flexibility and opportunity in a developing area of the Rio Grande Valley. Take advantage of owner financing and secure your piece of South Texas today! Buyer and buyer's agent to verify utilities, zoning, access, restrictions, and development potential.

## Location

- **Address:** 001 Mile 3 Road, Penitas, TX 78576
- **County:** Hidalgo
- **Neighborhood:** Porcion 77
- **Coordinates:** 26.278901, -98.445294
- **Google Maps:** https://www.google.com/maps?q=26.278901,-98.445294

## Listing Agent

- **Name:** Maggie Harris
- **Brokerage:** RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV
- **Broker Phone:** (956) 566-8377
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/E-Mile-3-Rd_Penitas_TX_78576_M93331-90033?f=listhub&s=GMARTX&m=518702&c=propsimple)

## Photos

![001 Mile 3 Road - Photo 1](http://lh.rdcpix.com/ec33ec62ad7b72af855f3a261287d032l-f3885991767r.jpg)

![001 Mile 3 Road - Photo 2](http://lh.rdcpix.com/ec33ec62ad7b72af855f3a261287d032l-f3788988851r.jpg)

---

**MLS#:** 518702 | **Updated:** 2026-10-26
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/001-mile-3-road-penitas-tx-78576-b6c5fd7b26ab4e30b0688dd41cb4c3d0)

---

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