38807 W MILE 7 ROAD, PENITAS, TX 78576

Homes for sale in Penitas.

Homes for sale in 78576.

38807 W Mile 7 Road

Penitas, TX 78576

Status of the property has changed, please contact for details

List Price$152,500

Listing #473399

1,200

Square Feet

Commercial

Type

About This Property

Investment Opportunity in Penitas! Over half an acre across from Junior's Supermarket with 100+ ft of 7 Mile Rd frontage. Features a 1,200 sq ft retail building--perfect for your next business venture! Expand, reimagine, and thrive in this high-traffic location just 10 mins from Expressway 83 via Tom Gill Rd. A golden chance for visibility & growth! FINANCING AVAILBLE with 20% DOWN and negotiable terms.

Property Features

Location Information

County

Hidalgo

Directions

FOR GPS USE : 38807 Farm to Market Rd 2221, Penitas, TX

Subdivision

Pueblo De Palmas Ph 1 & 2

Interior Features

Heating

No HVAC

Floors

Other

Cooling

No HVAC

Appliances

Water Heater (None)

Exterior Features

Construction

Brick

Lot Description

See Remarks

Exterior

Other

Lot Size in Acres

0.507

Roof

Flat

Lot Size in Sq. Ft.

22,097

Possession

Closing and Funding

Present Use

Other

Parking Description

Dirt, Enclosed

Zoning

Has Garage

Yes

Energy Features

None

Garage Spaces

Road Frontage

FM Road

Parking Spaces

Additional Information

Property Type

COM

Units in Complex

Property SubType

Commercial

Taxes

2289

Year Built

2004

Tax Year

2024

APN

P927701000000200

Square Feet Source

HidalgoCAD

Status

Active

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Mortgage Calculator

$711

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$549

Monthly Tax

$127

Monthly Insurance

$35

Term

yrs

Interest Rate

Down Payment

List Price

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

Courtesy of: Jose V. Narvaez
Star Realty Group, Llc

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Greater McAllen Association of REALTORS®. The listing broker?s offer of compensation is made only to participants of the MLS where the listing is filed.

GMAR(McAllen) data last updated at November 18, 2025, 3:46 PM CT