121 MILITARY HIGHWAY, PROGRESO, TX 78596
Homes for sale in Progreso.
Homes for sale in 78596.
121 Military Highway
Progreso, TX 78596
List Price$578,500
Listing #492438
2.48
Acres
Lots / Land
Type
About This Property
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.
Property Features
Location Information
County
Hidalgo
Directions
corner of 121 Military and mile 3 in Progreso Texas.
Subdivision
Orchard Homes
Interior Features
Features
Other
Exterior Features
Possession
Closing and Funding
Lot Description
Other, Irregular Lot
Septic or Sewer
City Sewer
Lot Size in Acres
2.48
Water
Public, Other
Lot Size in Sq. Ft.
108,028
Utilities
Electricity Connected, Water Connected, Phone Connected
Present Use
Commercial, Improved, Other
Utilities On Site
true
Possible Best Use
Commercial, Subdevelopment
Crops
None
Road Description
Paved
Fencing
Other
Road Frontage
City Street, Highway
School
Elementary School District
Progreso ISD
Middle School
Progreso
Elementary School
Progreso
High School
Progreso H.S.
Additional Information
Property Type
LL
Status
Active
Property SubType
Commercial
Taxes
7853
APN
O690000028000100
Tax Year
2025
Similar Listings
Mortgage Calculator
$2,700
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,084
Monthly Tax
$482
Monthly Insurance
$134
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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