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Mixed-Use Land for Sale in Penitas, Texas
1617 Diamond Ave, Penitas, TX 78576
$139,500
0.59 acres
pending
Under contract
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.
Location
- Street address
- 1617 Diamond Ave
- County
- Hidalgo County
- Community
- Diamond Commercial Park
- Elevation
- 161 feet
Directions
Head west on Expressway 83 (U.S. Route 83) toward Penitas. 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 details
- Lot size
- 0.59 acres25,700 sq ft
- MLS #
- GMAR 472870
- Posted
Property taxes
- 2025
- $1,847
Parcels
- D437000000000300
Details and features
Listing
- Type
- Land
- Franchise
- RE/MAX International
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| JFK | Elementary | — | — |
| Chavez | Middle | — | — |
| La Joya H.S. | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 2, 2025 | Under contract | $139,500 | — | GMAR |
| Oct 4, 2025 | Price drop | $139,500 | $10,400 -6.9% | GMAR |
| July 31, 2025 | Price drop | $149,900 | $5,600 -3.6% | GMAR |
| July 2, 2025 | Price drop | $155,500 | $19,500 -11.1% | GMAR |
| June 5, 2025 | New listing | $175,000 | — | GMAR |
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