121 MILITARY HIGHWAY, PROGRESO, TX 78596

Homes for sale in Progreso.

Homes for sale in 78596.


121 Military Highway

Progreso, TX 78596

Active

List Price$578,500

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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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