121 Military Hwy

Progreso, TX 78596

$578,500
Price
108,028 / 2.48
Lot Size / Acres
Get preapproved with Rocket Mortgage1
Aerial view
View of property location with property parcel outlined
Bird's eye view
Aerial view of sparsely populated area with property parcel outlined
Overview of rural landscape featuring property parcel outlined
View of rural area featuring property parcel outlined
Aerial overview of property's location featuring property boundaries highlighted
Aerial view of property's location
Aerial view of property's location

Description

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....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.
  1. Listed by Victor Fuentes • TREC #801071391 • Big Realty

Property Details for 121 Military Highway

Community Features
Other
Subdivision Name
Orchard Homes
LISTING UPDATED: 04/01/2026 06:19 PM

Property Details for 121 Military Highway

StatusActive
MLS #492438
Days on Market77
Taxes$7,853 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial
Year Built-
Lot Size2.48 AC
CountyHidalgo County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Big Realty
Add your commute

Building Information for 121 Military Highway

Lot Size2.48 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,567 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,913

Property Taxes

$654

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 121 Military Highway

Summary
Location and General Information
  • Directions: corner of 121 Military and mile 3 in Progreso Texas.
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Topography: Level
School Information
  • Elementary School: Progreso
  • Elementary School District: Progreso ISD
  • High School: Progreso H.S.
  • High School District: Progreso ISD
  • Middle Or Junior School: Progreso
  • Middle Or Junior School District: Progreso ISD
Taxes and HOA
  • Association: No
  • Parcel Number: O690000028000100
  • Tax Annual Amount: $7,853
  • Tax Legal Description: ORCHARD HOMES LOT 1-10 BLK 28 ORCHARD HOMES LOT 21,22 BLK 28
  • Tax Year: 2025
Property
Lot Information
  • Building Area Units: Square Feet
  • Current Use: Commercial, Improved, Other
  • Crops: None
  • Living Area Units: Square Feet
  • Lot Features: Other, Irregular Lot
  • Lot Size Acres: 2.48
  • Lot Size Area: 2.48
  • Lot Size Square Feet: 108028.8
  • Lot Size Units: Acres
Property and Assessments
  • Agriculture Tax Value: $0
  • Escrow: $5,000.00
  • Possible Use: Commercial, Subdevelopment
Utilities
  • Water Comments: NA
  • Irrigation Source: Irrigation Water District: Other
  • Irrigation Water Rights: No
  • Sewer: City Sewer
  • Utilities: Electricity Connected, Water Connected, Phone Connected
  • Water Source: Public, Other
  • Electric On Property: Yes
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: Other
Rental
Rental Information
  • Leased Rent Share: 0

Property History for 121 Military Highway

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Price Change

Greater McAllen Association of REALTORS #492438

$578,500—
Jan 16, 2026

Listed (Active)

Greater McAllen Association of REALTORS #492438

$600,000—
DateEvent & SourcePrice
04/01/2026

Price Change

Greater McAllen Association of REALTORS #492438

$578,500
01/16/2026

Listed (Active)

Greater McAllen Association of REALTORS #492438

$600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 121 Military Highway

Taxable ValueLand$264,533Additions$4,116Total$268,649
Tax Record2024$7,839 ($653 / month)
Home Facts
Lot Size75,581 SqFtStyleMiscellaneous CommercialYear Built1990CountyHIDALGOAPNO6900-00-028-0021-00

Schools near 121 Military Highway

This home is within Progreso Independent School District.
Rating
School
Type
Grades
Distance
Progreso Elementary West
Public - PK to 2
Dorothy Thompson Middle School
Public - 6 to 8
Progreso High School
Public - 9 to 12
North Elementary School
Public - 3 to 5
Rating
School
Distance
Progreso Elementary West
PublicPK to 2

Dorothy Thompson Middle School
Public6 to 8

Progreso High School
Public9 to 12

North Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 121 Military Highway, Progreso, TX 78596

121 Military Highway is a 2.48 ac of land for sale in Progreso, TX 78596. This property was listed for sale on January 17, 2026 by Big Realty, it's currently listed at $578,500. This listing's school district is Progreso Independent School District. Nearby schools include Progreso Elementary West, Dorothy Thompson Middle School and Progreso High School. 121 Military Highway is a 0-bed, 0-bath, 2.48 ac of land on a 108,028 sq. ft. / 2.48 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Big Realty

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.