Rhodes history

1940s
1990s
1997
2004
2006
2007
2010
2012
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
1940s
1990s
1997
2004
2006
2007
2012
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025

1940s

1940s

1940s

Vernon Calhoun Packing Co., A Butcher.

Vernon Calhoun Packing Co., A Butcher.

Vernon Calhoun Packing Co., A Butcher.

Vernon Calhoun (the grandfather of one of our Founders), starts Vernon Calhoun Packing Co., a butcher stand in Palestine, Texas that will grow from a one-man stand into one of the largest family-owned packing plants in the country.

1990s

1990s

1990s

Join Vernon Calhoun Packing Co.

Join Vernon Calhoun Packing Co.

Join Vernon Calhoun Packing Co.

Co-Founder Mike Rhodes joins Vernon Calhoun Packing Co. as Plant Manager. Founders Mike and Lori will later purchase 50% ownership of the business.

Co-Founder Mike Rhodes joins Vernon Calhoun Packing Co. as Plant Manager. Founders Mike and Lori will later purchase 50% ownership of the business.

1997

1997

1997

Vernon Calhoun Packing Co. is sold to lowa Beef Processors.

Vernon Calhoun Packing Co. is sold to lowa Beef Processors.

Vernon Calhoun Packing Co. is sold to lowa Beef Processors.

Vernon Calhoun Packing Co. is sold to Iowa Beef Processors. Mike and Lori use the proceeds to purchase 10,000 acres of farmland in Hidalgo County. The land served as a leased farm investment until the early 2000s.

Rhodes Enterprise is established.

Rhodes Enterprise is established.

Rhodes Enterprise is established.

2004

2004

2004

Planning for the Bentsen Palm Community Commences

Planning for the Bentsen Palm Community Commences

Planning for the Bentsen Palm Community Commences

Recognizing the growing need for affordable, quality housing in the Valley, master planning for the Bentsen Palm Community commences.

The Rhodes family donates $2.4 million in land for the World Birding Center Headquarters. In addition, $1.4 million in land is donated to the North American Butterfly Association for construction of the world’s largest outdoor butterfly park.

In order to bring top-notch educational facilitles to the Bentsen Palm area, $1.7 million in land and monetary donation is made by Rhodes to IDEA Public Schools, forming a strong partnership still in place today.

2006

2006

2006

Bentsen Palm Grand Opening

Bentsen Palm Grand Opening

Bentsen Palm Grand Opening

Bentsen Palm Development celebrates its Grand Opening.

2007

2007

2007

Building Division Esperanza Homes

Building Division Esperanza Homes

Building Division Esperanza Homes

Wanting to improve the quality of homes built in the Valley, Rhodes forms their own home building division, Esperanza Homes.

Wanting to improve the quality of homes built in the Valley, Rhodes forms their own home building division, Esperanza Homes.

2010

2010

2010

Alliance River Crossing Development

Alliance River Crossing Development

Alliance River Crossing Development

Alliance River Crossing Development (a 1,500-acre industrial development) opens in Donna, Texas providing eight lanes of roadway to the international bridge into Mexico.

2012

2012

2012

Valley Affordable Mortgage

Valley Affordable Mortgage

Valley Affordable Mortgage

Valley Affordable Mortgage is created to provide a vital service to both Rhodes Enterprises and outside investors such as loan origination and loan servicing.

Valley Affordable Mortgage is created to provide a vital service to both Rhodes Enterprises and outside investors such as loan origination and loan servicing.

2014

2014

2014

Tres Lagos

Tres Lagos

Tres Lagos

Master planning of Tres Lagos begins with the City of McAllen.

2015

2015

2015

Further Expansion of Rhodes Enterprises

Further Expansion of Rhodes Enterprises

Further Expansion of Rhodes Enterprises

Nick Rhodes becomes CEO of Rhodes Enterprises. Esperanza Homes develops a plan to grow into other areas of the Rio Grande Valley and South Texas with a goal of closing 1,000 homes a year by 2027. This is the start of an aggressive expansion establishing Rhodes as the largest, award-winning land developer/residential home builder in South Texas.

Nick Rhodes becomes CEO of Rhodes Enterprises. Esperanza Homes develops a plan to grow into other areas of the Rio Grande Valley and South Texas with a goal of closing 1,000 homes a year by 2027. This is the start of an aggressive expansion establishing Rhodes as the largest, award-winning land developer/residential home builder in South Texas.

2016

2016

2016

Tres Lagos Breaks Ground

Tres Lagos Breaks Ground

Tres Lagos Breaks Ground

Tres Lagos breaks ground in the city of McAllen.

Tres Lagos breaks ground in the city of McAllen.

2017

2017

2017

Tres Lagos Grand Opening 2017

Tres Lagos Grand Opening 2017

Tres Lagos Grand Opening 2017

Rhodes Property Management Launched

Rhodes Property Management Launched

Rhodes Property Management Launched

Rhodes Property Management is formed to ensure that every aspect of Rhodes' master-planned communities meets Rhodes’ top-quality standards.

2018

2018

2018

Esperanza Construction

Esperanza Construction

Esperanza Construction

Esperanza Construction is formed, expanding the construction footprint to include multi-family and commercial construction.

Esperanza Construction is formed, expanding the construction footprint to include multi-family and commercial construction.

2019

2019

2019

Creation of Rhodes Property Management

Creation of Rhodes Property Management

Creation of Rhodes Property Management

Esperanza Homes makes Builder Magazine’s Top 200 list.

A new Edinburg division is formed, furthering the expansion of Esperanza Homes in the Rio Grande Valley.

2020

2020

2020

Esperanza Homes Expansion

Esperanza Homes Expansion

Esperanza Homes Expansion

Esperanza Homes' rapid expansion: building eight communities across the Rio Grande Valley.

Shoppes at Tres Lagos Groundbreaking

Shoppes at Tres Lagos Groundbreaking

Shoppes at Tres Lagos Groundbreaking

2021

2021

2021

Creation of Rhodes Landscaping
& Start of Rhodes Home Service

Creation of Rhodes Landscaping
& Start of Rhodes Home Service

Creation of Rhodes Landscaping & Start of Rhodes Home Service

2022

2022

2022

Rhodie the Rhino Mascot Introduced

Rhodie the Rhino Mascot Introduced

Rhodie the Rhino Mascot Introduced

Rhodes Enterprises Certified Great Place to Work

Rhodes Enterprises Certified Great Place to Work

Rhodes Enterprises Certified Great Place to Work

Rhodes Enterprises'
First appearance in Inc. 5000 Fastest Growing Companies

Rhodes Enterprises'
First appearance in Inc. 5000 Fastest Growing Companies

Rhodes Enterprises'
First appearance in Inc. 5000 Fastest Growing Companies

2023

2023

2023

Tenants Move Into the Shoppes at Tres Lagos

Tenants Move Into the Shoppes at Tres Lagos

Tenants Move Into the Shoppes at Tres Lagos

2024

2024

2024

Esperanza Homes Design Center Grand Opening

Esperanza Homes Design Center Grand Opening

Esperanza Homes Design Center Grand Opening

Rhodes Living Launched + Belterra at Tres Lagos Starts Leasing

Rhodes Living Launched + Belterra at Tres Lagos Starts Leasing

Rhodes Living Launched + Belterra at Tres Lagos Starts Leasing

Rhodes Living provides Premium Rental Home Communities in South Texas.

Esperanza Homes ranks on the prestigious Builder 100 List, recognizing them as one of the top 100 home builders in the United States.

Esperanza Homes ranks on the prestigious Builder 100 List, recognizing them as one of the top 100 home builders in the United States.

Esperanza Homes ranks on the prestigious Builder 100 List, recognizing them as one of the top 100 home builders in the United States.

2025

2025

2025

Esperanza Homes Expands to Laredo

Esperanza Homes Expands to Laredo

Esperanza Homes Expands to Laredo

Rhodes Enterprises makes Fortune's Best Place to Work List in the USA

Rhodes Enterprises makes Fortune's Best Place to Work List in the USA

Rhodes Enterprises makes Fortune's Best Place to Work List in the USA