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Foreclosure Homes in Penitas, TX

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Penitas, TX Foreclosures

Current Market Conditions in in Penitas, TX As of June 2026?
Home values: +0.32% MoM; rent: +0.00% MoM.
How much do homes sell for in Penitas, TX?
The average home price is currently $170,483.
In Penitas, TX, how many homes are available?
There are currently 10 active home listings available in Penitas.
What’s the average rental cost in Penitas, TX?
The average rental price in Penitas is $943.
What is the most expensive home in Penitas?
The most expensive home sold in Penitas had a price of $1,988,891.
What is currently the cheapest priced home in Penitas, TX?
The cheapest home for sale in Penitas is priced at $14,277.

Living in Penitas, TX

Penitas, TX is a small western Hidalgo County community along the U.S. 83 corridor, offering affordability, a residential atmosphere, and convenient access to Mission, McAllen, and the broader Rio Grande Valley.

Buyer vs Seller Market in Penitas, TX

Median home value: $151,943 as of 2026-05-14.

Median rent: $860 as of 2026-05-14.

Home values: +0.32% MoM, -1.35% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Penitas, TX

There are currently 2,892 real estate properties in Penitas, TX, with a median automated valuation model (AVM) price of $151,943.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Penitas, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Penitas, TX, is $170,483.00, with the most expensive house in Penitas, TX, topping out at $1,988,891.00 and the cheapest home in Penitas, TX, clocking in at $14,277.00. In other words, there’s something for every potential homebuyer or savvy investor in Penitas, TX!

Rent Prices In Penitas, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Penitas, TX, is on a rollercoaster ride. The average rent price in Penitas, TX, is $943.00. Indeed, when looking to rent in Penitas, TX, you can expect to pay as little as $430.00 or as much as $2,200.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Penitas, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Penitas, TX Foreclosures

Market Trend for Penitas, TX

Total Listings Available: 10

Market Values:

Home Prices from $14,277 to $1,988,891

Average Sales Price: $170,483

Rental Values:

Rental from $430 to $2,200

Average Rent Value: $943 / month

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