Agricultural

Penelope, TX Agricultural Land / Farmland for Sale

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Hubbard, TX Mount Calm, TX Abbott, TX Malone, TX Bynum, TX West, TX Axtell, TX Hillsboro, TX
6 properties
Farmland Tract with No Known Restrictions
Updated: Jul 7
Farmland Tract with No Known Restrictions

HCR 3306, Penelope, TX 76676

$320,000
60.49 AC lot
60.492‑acre property in Penelope ISD
No known restrictions reported
Located on HCR‑3306
Currently used as farmland
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Fenced Acreage with Road Frontage
Updated: Jul 10
Fenced Acreage with Road Frontage

277 Hcr 3221, Penelope, TX 76676

$150,000
10.05 AC lot
10.05‑acre tract (#3) of open land in Penelope, TX, outside city limits
Road frontage with a 30 ft easement between Track #2 and Track #3 for added access
Utilities available at the street: electricity and water, plus high‑speed internet
Fenced property with barbed wire and a double gate for easy access
Located near Highway 171 and I‑35, FM 1242 and FM 308 for access to Hillsboro, Waco, and Corsicana
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Pasture Land With Creek Frontage
Pasture Land With Creek Frontage

TBD 2 FM 2114 Road, Penelope, TX 76676

$193,200
22.08 AC lot

Gently rolling pasture with wooded creek frontage and over 600 feet of paved TXDOT-approved road access.

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Paved-Frontage Ranchette Tract
Paved-Frontage Ranchette Tract

1 Fm 2114, Penelope, TX 76676

$399,000
1,524,600 sqft 35.00 AC lot

Ranchette acreage with paved FM 2114 frontage, mature trees, established trails, and a creek crossing.

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Rural Acreage with Pond and Creek
Rural Acreage with Pond and Creek

TBD 3 LCR 3212, Penelope, TX 76676

$242,000
22.08 AC lot

A 22-acre parcel with pond, wooded creek, and pasture terrain, accessible from FM 3212 for country living or development.

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Fully Fenced Acreage Tract
Fully Fenced Acreage Tract

CR 3221, Penelope, TX 76676

$150,000
10.59 AC lot

Versatile, fully fenced land with ample space for livestock or a private build site in a rural setting.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Penelope, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Ranchette with Creek and Pond
Ranchette with Creek and Pond

Tract 8 HCR 3204, Abbott, TX 76621

$155,000
10.00 AC lot

A 10-acre Abbott ranchette with open pasture, a rear creek crossing, and a pond for outdoor and livestock use.

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Ranchette With Pond and Creek
Ranchette With Pond and Creek

Tract 5 HCR 3204, Abbott, TX 76621

$199,000
13.20 AC lot

Rural 13.2-acre tract in Abbott ISD with mature trees, trails, a pond, and creek crossing.

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Open Pasture Tract with Homesites
Open Pasture Tract with Homesites

12.54 Acres | Tract 2 County Rd 3307, Hubbard, TX 76648

$149,900
12.54 AC lot

A fully open Hill County tract with multiple homesites and pasture potential, with no deed restrictions.

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Gently Rolling Pasture Land
Gently Rolling Pasture Land

11 Acres | TBD County Rd 3150, Hubbard, TX 76648

$132,000
11.00 AC lot

An 11-acre open tract near Hubbard with flexible homesite options, long-range views, and no deed restrictions.

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Penelope, TX Agricultural Land / Farmland Market Trends and Statistics

Explore 6 agricultural land / farmland for sale in Penelope, TX, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1,524,600 square feet of properties for sale, with an estimated market value of $399,000.

Sale prices for farmlands in Penelope, TX start at $399,000, averaging $399,000, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 353
Population Growth (5Y) +18.9%
Median Household Income $75,500
College Educated 28.6%

High-Yield Neighborhoods for Investment

Identify Penelope submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
76676 $222.2K

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $15.13 per SF
Tax Rate vs County Average 0.35 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hill County

New Delisted

Total CRE Inventory on Market (SF)

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