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    Penelope, TX
    Agricultural

    Penelope, TX Agricultural Land / Farmland for Sale

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    Hubbard, TX Mount Calm, TX Abbott, TX Malone, TX Bynum, TX Birome, TX West, TX Axtell, TX
    7 properties
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    Wooded Creek Acreage with Road Frontage
    Updated: Jul 14
    Wooded Creek Acreage with Road Frontage

    TBD 2 FM 2114 Road, Penelope, TX 76676

    $193,200
    22.08 AC lot
    22.08 acres of gently rolling pasture land
    Wooded creek frontage
    Over 600 feet of paved TX DOT approved road frontage
    Recently sprigged with coastal grass
    Seller will install a Birome co‑op water meter prior to closing
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    Residential Land with Road Frontage
    Updated: Jul 14
    Residential Land with Road Frontage

    TBD 1 FM 2114 Road, Penelope, TX 76676

    $193,200
    22.08 AC lot
    Wide‑open acreage recently sprigged with coastal grass
    Over 600 ft of paved, TX DOT‑approved private road frontage
    Seller will install a co‑op water meter prior to closing
    Agricultural exemption may lower property taxes
    Restrictions prohibit mobile homes
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    Farmland Parcel with No Known Restrictions
    Farmland Parcel with No Known Restrictions

    HCR 3306, Penelope, TX 76676

    $320,000
    60.49 AC lot

    Currently used for farming, with access from HCR-3306 and no known restrictions.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Lots & Acreage / Improved Land
    Lots & Acreage / Improved Land

    5243 Fm 2114, Penelope, TX 76676

    $329,000
    1,219,680 sqft

    Agricultural land / Farmland · 1,219,680 SF

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    Agricultural Acreage with Pond
    Agricultural Acreage with Pond

    TBD 3 LCR 3212, Penelope, TX 76676

    $579,775
    66.26 AC lot

    66.26-acre agricultural property with pond and wooded creek access from FM 3212, with a co-op water meter to be installed prior closing.

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    LAND - Other - Penelope, TX
    LAND - Other - Penelope, TX

    CR 3221, Penelope, TX 76676

    $143,000
    10.59 AC lot

    Agricultural land / Farmland · 10.59 Acres

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    Farmland Tract on FM 2114
    Farmland Tract on FM 2114

    TBD 1 Fm 2114 Road, Penelope, TX 76676

    $193,200

    Agricultural land located on FM 2114, immediately accessible from the roadway just before Penelope city limits.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 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.

    Ranch Land With Improvements
    Ranch Land With Improvements

    2778 Fm 339, Mount Calm, TX 76673

    $1,300,736
    101.62 AC lot

    Grass-covered ranch property with agricultural improvements, water features, and multiple existing structures.

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    Lots & Acreage / Improved Land
    Lots & Acreage / Improved Land

    2 Fm 2114 Road, Mount Calm, TX 76673

    $193,200
    961,804 sqft

    Agricultural land / Farmland · 961,804 SF

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    Wooded Agricultural Land with Pond
    Wooded Agricultural Land with Pond

    Tract 5 HCR 3204, Abbott, TX 76621

    $165,000
    13.20 AC lot

    Rural acreage combines open pasture, wooded trails, a creek crossing, and flexible restrictions for residential and recreational use.

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    Land, Abbott, TX
    Land, Abbott, TX

    Tract 2 HCR 3204, Abbott, TX 76621

    $125,000
    10.00 AC lot

    Agricultural land / Farmland · 10.00 Acres

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    Penelope, TX Agricultural Land / Farmland Market Trends and Statistics

    Explore 7 agricultural land / farmland for sale in Penelope, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 9,125,863 square feet of properties for sale, with an estimated market value of $1,951,375.

    Sale prices for farmlands in Penelope, TX start at $143,000, averaging $278,767, and reaching up to $579,775 — 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 $278.8K

    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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