Penitas, TX Homes for Sale

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  /6

  $899,000

  • Land

  5201 Tom Gill Rd, Penitas, TX 78576

  9 acres for sale in the growing city of Penitas! This property is ready for its new owners to be developed and/or for any family ready to build their custom home. Conveniently located away from the city but not too far from many restaurants, shopping centers and many more.

  

  Cesar Felix

  Coldwell Banker La Mansion

  (956) 405-6404

  5201 Tom Gill Rd, Penitas, TX 78576
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  /15

  $129,900

  • 3 Beds
  • 2 Baths
  • 975 Sq Ft

  18315 Washington Palm Dr, Penitas, TX 78576

  3 bedrooms, 2 bathrooms, situated on a fully fenced half-acre corner lot! Within walking distance to Dr. Javier Saenz Middle School, Junior’s Supermarket, Dollar General, and more. A must see! This property qualifies for USDA Loan!

  

  Karen Carreno

  Pinnacle Realty Advisors

  (956) 539-4616

  18315 Washington Palm Dr, Penitas, TX 78576
• 

  

  

  /17

  $315,000

  • 2 Beds
  • 1.5 Baths
  • 900 Sq Ft

  8903 W Mile 3 Rd, Penitas, TX 78576

  Discover this cozy 2-bedroom, 1-bath home just outside the city limits. Sitting on a spacious 1-acre lot, this property offers a peaceful retreat with room to grow. Enjoy the convenience of a detached carport that includes a bathroom, plus an inviting outdoor TV sitting area—perfect for entertaining or relaxing under the stars.Bonus features include a partially finished big rig parking area,

  Melissa Farias Empower Realty Group

  8903 W Mile 3 Rd, Penitas, TX 78576
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  /27

  $250,000

  • 4 Beds
  • 2 Baths
  • 2,003 Sq Ft

  1722 Blue Bird Ave, Penitas, TX 78576

  Welcome to this spacious 2,003 sq. ft. home located on a generous 0.5-acre lot in the heart of Penitas, TX, close to La Joya. Offering 4 bedrooms and 2 bathrooms, this property is perfect for buyers or investors seeking their next project. With an open layout, large living areas, and a sizable yard, there's room to grow and create the home of your dreams. Outside, enjoy the space and privacy of a

  Gabriela Cano Omega Realty Group

  1722 Blue Bird Ave, Penitas, TX 78576
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  /4

  $250,000

  • 3 Beds
  • 2 Baths
  • 1,486 Sq Ft

  17813 El Conejo Dr, Penitas, TX 78576

  Imagine coming home to this expansive half-acre property, where a beautifully maintained residence awaits, surrounded by gorgeous brickwork and lush, manicured landscaping. Every corner of this home has been lovingly cared for, making it truly move-in ready for its next owners. Located in the thriving outskirts of Peñitas, you’ll enjoy the best of both worlds: the quiet, suburban peace of the

  Ruby Diaz Imperio Real Estate Llc

  17813 El Conejo Dr, Penitas, TX 78576
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  /18

  $400,000

  • 3 Beds
  • 2 Baths
  • 2,828 Sq Ft

  1601 Ruby St, Penitas, TX 78576

  Location! Location! Location! This home features 3 bedrooms, 2 baths and sits on 0.50 acres of land! Home currently has new flooring in all common areas and modern spacious kitchen! Great investment or fixer upper opportunity. Home is missing floor in all bedrooms, master bathroom is not complete & third bedroom is not complete. Home is selling AS IS! Must be purchased cash or with a renovation

  Samantha Reynoso Verite Realty Llc

  1601 Ruby St, Penitas, TX 78576
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  /18

  $350,000

  • 5 Beds
  • 3 Baths
  • 2,895 Sq Ft

  1707 Uranium Ave, Penitas, TX 78576

  Discover this beautiful 5-bedroom, 3-bathroom home, situated on a sprawling half-acre lot with mature trees and a low-maintenance rock landscape. Designed for both relaxation and entertaining, the outdoor space features a huge patio and a large pool—ideal for cooling off on hot Texas days or hosting memorable gatherings. Inside, the spacious kitchen boasts granite countertops, tile flooring

  Jaime Lee Gonzalez Keller Williams Realty RGV

  1707 Uranium Ave, Penitas, TX 78576
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  /22

  $299,000

  • 5 Beds
  • 1.5 Baths
  • 2,840 Sq Ft

  38313 Mile 7 Rd, Penitas, TX 78576

  Come take a look at what this amazing and unique property has to offer! It presents almost one acre of land with a covered canopy as well as a storage area. The home boasts two floors, 5 Bedrooms, 1 Bathroom, 1 Half Bathroom, and a laundry area. It is also completely fenced as well as having a gate. This property also has a internet antenna perfect for a turn key WiFi installation opportunity.

  Osiel Garcia Imperio Real Estate Llc

  38313 Mile 7 Rd, Penitas, TX 78576
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  /2

  $127,000

  • Land
  • 0.50 Acre
  • $252,988 per Acre

  16606 Date Palm Dr, Penitas, TX 78576

  Discover the perfect opportunity to create your dream home on this spacious half-acre property! In a quiet, neighborhood, this partially completed house offers a solid foundation with endless potential. Whether you're an investor or a homeowner ready to finish the vision, this is your chance to customize every detail to your taste. With plenty outdoor space for gardens, additions, or

  Brian Salinas Keller Williams Realty RGV

  16606 Date Palm Dr, Penitas, TX 78576
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  /5

  $120,000

  • Land
  • 0.71 Acre
  • $169,372 per Acre

  3113 Liberty Blvd, Penitas, TX 78576

  Build your dream home on this huge 0.71 Acre Lot! This oversized lot measures approx. 120ft x 258ft offering a great landscape to design & build the home of your dreams. The property is located just south of the intersection of 3 Mile Line Rd & Liberty Blvd offering quick access to the growing city of Penitas or Mission. Liberty Blvd is currently in the process of widening the road and extending

  Ronaldo Esparza Exp Realty Llc

  3113 Liberty Blvd, Penitas, TX 78576
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  /4

  $899,900

  • Land
  • 48 Acres
  • $18,631 per Acre

  002 Buena Vista St, Penitas, TX 78576

  Great Location for Development in the Rapidly Growing City of Penitas not far off Expressway 83! Property has an existing barn and pasture areas with cross fencing as well as some light brush with a man made pond on South end of property.

  Rebecca Vallejo Keller Williams Realty RGV

  002 Buena Vista St, Penitas, TX 78576
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  /10

  $175,000

  • Land
  • 0.59 Acre
  • $296,610 per Acre

  1617 Diamond Ave, Penitas, TX 78576

  An exceptional opportunity for commercial development or investment. Ideally situated with convenient access to E. Expressway 83 and in close proximity to national retailers, the post office, and local schools. Don’t miss the opportunity to secure this valuable property.

  Araceli Carvajal Re/Max Elite

  1617 Diamond Ave, Penitas, TX 78576
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  /10

  $175,000

  • Land
  • 0.59 Acre
  • $296,610 per Acre

  1705 Diamond Ave, Penitas, TX 78576

  An exceptional opportunity for commercial development or investment. Ideally situated with convenient access to E. Expressway 83 and in close proximity to national retailers, the post office, and local schools. Don’t miss the opportunity to secure this valuable property.

  Araceli Carvajal Re/Max Elite

  1705 Diamond Ave, Penitas, TX 78576
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  /3

  $225,000

  • Land
  • 1.98 Acres
  • $113,510 per Acre

  38319 Mile 7 Rd, Penitas, TX 78576

  Discover an opportunity in the expanding city of Penitas. This 1.98-acres sit's right off Highway 107 and has a great investment opportunity to be converted into Commercial property!! Easy access to nearby supermarkets and schools.

  Christian Sanchez Excalibur Realty, Llc

  38319 Mile 7 Rd, Penitas, TX 78576
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  /6

  $230,000

  • Land
  • 5.00 Acres
  • $46,000 per Acre

  000 W Giles Rd, Penitas, TX 78576

  5 Acres of Vacant Land in Penitas, TX – Ideal for Your Dream Home or Ranch! Looking for a peaceful retreat or a place to build your dream home? This 5-acre property in Penitas, TX offers a perfect blend of space and tranquility. Whether you want to create a spacious family home or establish a beautiful ranch, this land is ready for your vision. The property comes with access to water and

  Jose R Calleros Big Realty

  000 W Giles Rd, Penitas, TX 78576
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  /4

  $1,202,500

  • Land
  • 65 Acres
  • $18,500 per Acre

  00 Mile 7 Rd, Penitas, TX 78576

  Prime Development Opportunity in Peñitas, TexasSeize the chance to develop a 65-acre parcel of land in the rapidly growing area of Peñitas, TX. This property is perfect for residential or commercial development, offering immense potential for real estate developers looking to capitalize on a high-growth market.65 acres of versatile land, ready for development with a prime location in Peñitas, TX.

  Myra Caridad García The Agency Austin, Llc

  00 Mile 7 Rd, Penitas, TX 78576
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  /3

  $325,000

  • Land
  • 1.00 Acre
  • $325,000 per Acre

  44015 Austen St, Penitas, TX 78576

  Unlock the potential of this 1-acre commercial corner lot located at the high-traffic intersection of Mile 4 and Jarachinas Road in Penitas, TX. Boasting excellent visibility and direct access, this prime location is perfectly positioned for a wide range of commercial developments—whether retail, office space, or service-based businesses. As Penitas continues to grow rapidly, this property offers

  Alejandro (Alex) Lopez Capital Advisors Real Estate Group

  44015 Austen St, Penitas, TX 78576
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  /20

  $1,150,000

  • 5 Beds
  • 6 Baths
  • 3,300 Sq Ft

  1461 Pino St, Penitas, TX 78576

  A rare caliber of real estate has just hit the market—this is not your average listing. Behind a private, guarded entrance on 3 acres in the Rio Grande Valley, this estate pulls double duty as a top-tier event venue and a show-stopping private residence. Clay tile roofing, with exceptional architectural touches, and a master suite that commands the entire upper floor—this is where culture,

  Nash Buxani Encore Fine Properties

  1461 Pino St, Penitas, TX 78576
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  /9

  $100,000

  • Land
  • 0.50 Acre
  • $199,124 per Acre

  1509 G Gonzalez Cir, Penitas, TX 78576

  Great opportunity to own a spacious .5022-acre residential lot in the growing city of Penitas! Located at 1509 N G Gonzalez Circle, this vacant lot offers endless potential to build your dream home or place a manufactured home. Enjoy the tranquility of a private setting with easy access to local schools, shopping, and major roads. Utilities are available nearby, making it convenient for future

  Juliana Quintanilla Re/Max Elite

  1509 G Gonzalez Cir, Penitas, TX 78576
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  /8

  $112,000

  • Land
  • 1.00 Acre
  • $112,000 per Acre

  00 N Pino St, Penitas, TX 78576

  00 Pino Street, Penitas, Texas 78576Prime Acre Lot, Ready to Build Your Dream Home!Discover the perfect canvas for your dream home on this spacious, cleared one-acre lot just minutes away from shopping, dining, and entertainment. With easy access to major highways and all the conveniences of modern living at your fingertips, this property offers the best of both worlds, tranquility and

  Ruby Diaz Imperio Real Estate Llc

  00 N Pino St, Penitas, TX 78576
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  /17

  $90,000

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft

  39817 Mile 4 Rd, Penitas, TX 78576

  A desirable mobile home on half an acre! This mobile home offers 800 sq ft of living space with two bedrooms, one bathroom, a laundry area, and a living room connected to the kitchen. A space to take advantage of, whether for family time or much more. Don't wait any longer; schedule your appointment and see all the potential opportunities it has. Call now!

  Jose Cortez Cordel Real Estate

  39817 Mile 4 Rd, Penitas, TX 78576
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  /16

  $1,500,000

  • Land
  • 237 Acres
  • $6,317 per Acre

  00000 N Mile 7 N, Penitas, TX 78576

  The San Juanito Ranch is a premiere south Texas Hunting Ranch located in western Hidalgo county, just north of state Highway 107 near Jarras Chinas Rd. This property is equipped with an 8 foot game fence that completely surrounds the property and and is accessible by the well manicured senderos. This property features a water well that feeds the breathtaking pond that is fully stocked with

  Maggie Harris Keller Williams Realty RGV

  00000 N Mile 7 N, Penitas, TX 78576
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  /29

  $450,000

  • 4 Beds
  • 4 Baths
  • 2,787 Sq Ft

  1302 Quartz St, Penitas, TX 78576

  Experience the elegance of this modern home, perfectly situated on a generous half-acre lot. Boasting 4 spacious bedrooms, 2 full baths, and 2 half baths, this residence features a striking modern interior with high decorative ceilings and sleek tile flooring. The kitchen includes quartz countertops, a large island, a pot filler, a walk-in pantry, and abundant cabinet storage. The large living

  Jaime Lee Gonzalez Keller Williams Realty RGV

  1302 Quartz St, Penitas, TX 78576
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  /4

  $88,000

  • Land
  • 0.45 Acre
  • $195,556 per Acre

  1728 Rodriguez St, Penitas, TX 78576

  Perfect 1/2 Acre Lot for Your Dream Home!Ready to build? This spacious 1/2 acre lot offers endless possibilities! Located in a peaceful area, it’s perfect for a custom home or even a garden paradise. Enjoy the quiet area with easy access to nearby amenities. Whether you're looking to escape the hustle or create your own little retreat, this is the spot. Don’t wait—opportunities like this go fast!

  Brian Salinas Keller Williams Realty RGV

  1728 Rodriguez St, Penitas, TX 78576
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  /15

  $200,000

  • 3 Beds
  • 2.5 Baths
  • 1,518 Sq Ft

  117 S Longoria St, Penitas, TX 78576

  This is an excellent opportunity in western Hidalgo County—ideally located just off the expressway and near the rapidly growing community of Penitas. This charming two-story residence sits on a spacious corner lot, perfect for entertaining or enjoying peaceful evenings at home. Updated roof, and water heater. The home features three bedrooms and 2.5 bathrooms, with all bedrooms thoughtfully

  Laura Macias Top Tier Real Estate Group Llc

  117 S Longoria St, Penitas, TX 78576
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  /19

  $160,000

  • 3 Beds
  • 1 Bath
  • 880 Sq Ft

  17109 Sago Palm Dr, Penitas, TX 78576

  Step into this delightful custom-built home set on a generous half-acre lot. The exterior showcases a charming combination of stone accents and siding, complemented by a welcoming front porch. Inside, the living room impresses with unique coffered ceilings, recessed lighting, and an abundance of natural light. This property offers plenty of outdoor space, perfect for hosting gatherings,

  Allen Lozano Big Realty

  17109 Sago Palm Dr, Penitas, TX 78576
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  /12

  $415,000

  • 4,536 Sq Ft

  18202 Washington Palm Dr, Penitas, TX 78576

  Great investment opportunity in the growing city of Penitas Texas!! This well maintained 6-plex features 2 Bed 1 Bath units, a new roof, is fully occupied and generates $4,500 of monthly income- with room for improvement! Don't miss out on this great opportunity of stable cash flow and growth. Schedule a showing and secure this investment today!

  Marcelino Gonzalez Dean & Co. Realty

  18202 Washington Palm Dr, Penitas, TX 78576
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  /3

  $79,000

  • Land
  • 0.51 Acre
  • $155,880 per Acre

  39707 Mile 4 Rd, Penitas, TX 78576

  Nestled in the surroundings of Peñitas, Texas this 0.5-acre property offers an opportunity for those seeking a rural site for their new home. Enjoy the country living while still being just a short drive away from all the amenities of the Rio Grande Valley. Property includes septic tank and water meter.

  Elizabeth Mendez Dominion Real Estate

  39707 Mile 4 Rd, Penitas, TX 78576
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  /17

  $799,000

  • 10,164 Sq Ft

  1502 Diamond Ave, Penitas, TX 78576

  Attention All Investors! Don't miss this incredible investment opportunity! Just north of U.S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom units and one 3-bedroom unit, which are all currently occupied (leased), ensuring immediate cash flow.Conveniently

  Marisol Morris Berkshire Hathaway Homeservice

  1502 Diamond Ave, Penitas, TX 78576
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  /3

  $180,000

  • Land
  • 3.06 Acres
  • $58,881 per Acre

  18180 Villa Dr, Penitas, TX 78574

  Discover the perfect place to build your dream home! Located in the growing city of Penitas,TX. This Property offers plenty of space to design your ideal living environment while enjoying privacy and tranquility. Conveniently situated near major roads, you'll have easy access to local amenities without sacrificing the charm of rural living. Don't miss this opportunity to create your own personal

  Zachary Sanchez Living In South Texas Realty

  18180 Villa Dr, Penitas, TX 78574
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  /7

  $250,000

  • Land
  • 2.56 Acres
  • $97,591 per Acre

  16507 Salida Del Sol Dr, Penitas, TX 78576

  Discover this incredible opportunity-2.56 acres of pristine natural land in the rapidly growing city of Peñitas, ready for your vision. Whether you're looking to build a beautiful home, multi-family development, or potentially rezone for commercial use, this versatile property offers endless possibilities. It's also well-suited for livestock and other agricultural activities. Don't miss the

  Monica Guerra Real Broker Llc

  16507 Salida Del Sol Dr, Penitas, TX 78576
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  /11

  $205,000

  • 4 Beds
  • 2 Baths
  • 912 Sq Ft

  18109 El Polvorin Dr, Penitas, TX 78576

  Take a look at this spacious half acre lot featuring a double wide 3-bedroom 2 bath home! It features a nice open floor plan connecting the living, dining and kitchen all together. It has a paved driveway and fences all along the property and the room to add on to it. Come take a look at this property and schedule an appointment before it's too late!

  Carlos Gutierrez Encore Fine Properties

  18109 El Polvorin Dr, Penitas, TX 78576
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  /14

  $195,000

  • 5 Beds
  • 2.5 Baths
  • 2,762 Sq Ft

  1405 Nugget St, Penitas, TX 78576

  Discover an exceptional opportunity in Penitas! This 5-bedroom home on a 1/2 acre lot near the new expressway awaits your vision. With two spacious living rooms featuring decorative high ceilings and all-tile floors throughout, this property offers great location and practicality. Two extra rooms to use as you please, complemented by a 2-car garage, fenced yard, and storage shed. Outside, mature

  Maggie Harris Keller Williams Realty RGV

  1405 Nugget St, Penitas, TX 78576
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  /11

  $160,000

  • 4 Beds
  • 2 Baths
  • 2,100 Sq Ft

  38303 Miguel St, Penitas, TX 78576

  Discover the potential of this home! A charming home waiting for the right investor or homeowner to bring it back to life. This property offers a fantastic opportunity to customize and renovate to your exact specifications. This property sits on over an acre, ample space for landscaping, gardening, or potential expansion.

  Yesenia Rios Verite Realty Llc

  38303 Miguel St, Penitas, TX 78576
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  /5

  $185,000

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  17908 Sago Palm Dr, Penitas, TX 78576

  This property offers two distinct homes. Potentials are for rental income, or a private guest retreat, this unique setup provides endless possibilities. The property offers ample outdoor space and includes two water wells. One of the homes has 2 bedrooms and 1 bathroom. The second home on the property is a 1 bedroom,1 bathroom residence. Whether you envision it as a guest house, rental unit, or

  Cesar Avendano Star Realty Group, Llc

  17908 Sago Palm Dr, Penitas, TX 78576
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  /16

  $175,000

  • Land
  • 0.50 Acre
  • $347,774 per Acre

  17928 Washington Palm Dr, Penitas, TX 78576

  Large half acre lot in growing location to build your dream home and/or has potential for commercial improvement.

  Angelica Rosillo Big Realty

  17928 Washington Palm Dr, Penitas, TX 78576
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  /2

  $475,000

  • Land
  • 1.00 Acre
  • $475,000 per Acre

  0 SE Expressway 83 Unit 418769, Penitas, TX 78576

  This 1 Acre tract, of Penitas, TX, located in close proximity to established national brands such as Dollar Tree, Denny's, Blue Wave, Domino's Pizza, Little Caesars, Wingstop, First Cash, and Murphy Express. Positioned with strategic advantage, this location boasts high visibility from Expressway 83, registering an impressive traffic count of 44,780 vehicles per day. With substantial potential

  Daniel Galvan Coldwell Banker Commercial Rio Grande Valley

  0 SE Expressway 83 Unit 418769, Penitas, TX 78576
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  /2

  $289,000

  • Land
  • 0.56 Acre
  • $516,071 per Acre

  0 SE Expressway 83 Unit 472586, Penitas, TX 78576

  Half Acre commercial lot suitable for building all your needs. Close to Walmart, restaurants and shops, located on Expressway 83.

  Dulce Mascorro Re/Max Elite

  0 SE Expressway 83 Unit 472586, Penitas, TX 78576
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  /2

  $175,000

  • Land
  • 3.12 Acres
  • $56,090 per Acre

  18902 Villa Hermosa Dr, Penitas, TX 78576

  3 Acres of beautiful country living! Conveniently located off highway mile 7rd near schools, supermarkets and restaurants. This property is fenced. Perfect place to build your dream home or dream ranch!

  Yuliana Almanza Imperio Real Estate Llc

  18902 Villa Hermosa Dr, Penitas, TX 78576
• 

  /2

  $350,000

  • Land
  • 1.04 Acres
  • $335,796 per Acre

  00 Queen Palm Dr, Penitas, TX 78576

  GREAT INVESTMENT OPPORTUNITY! Build your dream on this Commercial Corner Lot on 1.04 Acres with high traffic visibility on the corner of Mile 7 Rd and Queens Palm Dr. in Penitas, Tx.

  Joe Ramirez Linda Vista Real Estate, Llc

  00 Queen Palm Dr, Penitas, TX 78576

Showing Results 1 - 40, Page 1 of 2

Why Live in Penitas

Penitas, a growing suburban community along the Rio Grande in Texas, blends a strong Latinx cultural heritage with modern development. The expansion of Interstate 2 and Expressway 83 has spurred new businesses and investment properties, enhancing access to amenities like larger grocery stores. The neighborhood features neo-traditional homes with Spanish and Mediterranean influences, characterized by stone and stucco exteriors, arched openings, and spacious layouts on lots averaging half an acre. Penitas is part of the La Joya Independent School District, which has highly rated schools. For things to do, Penitas City Park offers a basketball court, playground, and splash pad, while the Quinta Las 4 Lunas Waterpark and La Joya ISD Aquatic Center provide additional recreational options. The Howling Trails Golf Course and the Penitas Unit of Las Palomas Wildlife Management Area cater to outdoor activities, including seasonal hunting. The local economy thrives along Expressway 83, featuring a mix of mom-and-pop shops, fast-food chains, and popular eateries like Alicia’s Su Cocina. The Picnic at Penitas food truck park is a community hub, hosting events and offering diverse culinary options. Cultural events, such as the Penitas White Wing Festival and seasonal celebrations, reflect the neighborhood's vibrant community spirit. Major thoroughfares connect Penitas to nearby cities, with Mission Regional Medical Center 10 miles away and McAllen International Airport 16 miles east.

Learn more about living in Penitas

Frequently Asked Questions

What is the average home price in Penitas, TX?

Homes for sale in Penitas, TX have an average home price of $303,896.

How many homes have sold over the last 12 months in Penitas, TX?

18 homes have sold in Penitas, TX over the last 12 months.

What are the most popular zip codes in Penitas, TX?

The most popular zip codes in Penitas, TX include 78572, 78504, 78573, 78542 and 78541.

How much do you need to make to afford a house in Penitas?

The median home price in Penitas is $254,500. If you put a 20% down payment of $50,900 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,320 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in Penitas.

How are the schools in Penitas, TX?

Penitas, TX has highly rated public and private schools. Some of the best schools in Penitas based on Niche Grades are Cesar Chavez Middle School, Tabasco Elementary School and William J. Clinton Elementary School. Browse all the schools in Penitas, TX to learn more.

Home Trends in Penitas, TX

On average, homes in Penitas, TX sell after 94 days on the market compared to the national average of 50 days. The median sale price for homes in Penitas, TX over the last 12 months is $239,000, up 16% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$239,000

Median Single Family Sale Price

$243,900

Average Price Per Sq Ft

$165

Number of Homes for Sale

13

Last 12 months Home Sales

18

Months of Supply

8.70

Median List Price

$254,500

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

16%