Penelope, TX Commercial Real Estate for Sale

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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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Farmland Tract on FM 2114
Farmland Tract on FM 2114

1 Fm 2114 Road, Penelope, TX 76676

$193,200
961,804 sqft

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

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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, Penelope, TX
Land, Penelope, TX

CR 3221, Penelope, TX 76676

$143,000
10.59 AC lot

Agricultural land / Farmland · 10.59 Acres

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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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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 7 Active listings in Penelope, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads

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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Off-Market Properties in Penelope, TX

Consider similar Off-Market properties in Penelope, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

101 Commerce
COMMERCIAL (GENERAL)

101 Commerce, Penelope, TX 76676-3058

Estimated value:
$145,000
1,750 sqft 0.07 AC lot
View details
101 Commerce
COMMERCIAL (GENERAL)

101 Commerce, Penelope, TX 76676-3058

Estimated value:
$145,000
1,750 sqft 0.13 AC lot
View details
101 Commerce
COMMERCIAL (GENERAL)

101 Commerce, Penelope, TX 76676-3058

Estimated value:
$140,000
1,452 sqft 0.07 AC lot
View details
100 Commerce
COMMERCIAL (GENERAL)

100 Commerce, Penelope, TX 76676

Estimated value:
$130,000
684 sqft 0.32 AC lot
View details
101 Commerce
COMMERCIAL (GENERAL)

101 Commerce, Penelope, TX 76676-3058

Estimated value:
$135,000
1,000 sqft 0.07 AC lot
View details
Commerce
VACANT COMMERCIAL LAND

Commerce, Penelope, TX 76676

Estimated value:
$230,000
0.07 AC lot
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Grant
VACANT COMMERCIAL LAND

Grant, Penelope, TX 76676

Estimated value:
$130,000
952 sqft 0.26 AC lot
View details
Commerce St
COMMERCIAL (GENERAL)

Commerce St, Penelope, TX 76676

Estimated value:
$185,000
952 sqft 0.24 AC lot
View details
Commerce St
INDUSTRIAL (GENERAL)

Commerce St, Penelope, TX 76676

Estimated value:
$190,000
4,108 sqft 2.59 AC lot
View details
Commerce At Grant St
INDUSTRIAL (GENERAL)

Commerce At Grant St, Penelope, TX 76676

Estimated value:
$290,000
224 sqft 0.32 AC lot
View details

Penelope, TX Commercial Real Estate Market Trends and Statistics

Explore 17 commercial real estate for sale in Penelope, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 2,181,484 square feet of properties for sale, with an estimated market value of $1,951,375.

Sale prices for business properties 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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