Penelope, TX Commercial Real Estate for Sale

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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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Pasture Land With Creek Frontage
Updated: Jul 14
Pasture Land With Creek Frontage

TBD 2 FM 2114 Road, Penelope, TX 76676

$193,200
22.08 AC lot
22 acres with wooded creek frontage and pasture land with gently rolling terrain
Over 600 ft of paved TX DOT–approved road frontage
Seller will install a Birome co‑op water meter prior to closing
Land has agricultural exemption for lower property taxes
Restrictions prohibit mobile homes
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Fenced Acreage with Road Frontage
Fenced Acreage with Road Frontage

277 Hcr 3221, Penelope, TX 76676

$150,000
10.05 AC lot

Open acreage with utilities available at the street and fencing with double-gate access for residential, ranch, or development plans.

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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 Land Acreage with Pond
Rural Land Acreage with Pond

TBD 3 LCR 3212, Penelope, TX 76676

$579,775
66.26 AC lot

Rural acreage with a pond and wooded creek, accessible from FM 3212, with restrictions prohibiting mobile homes.

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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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Open Pasture Tract with Build Freedom
Open Pasture Tract with Build Freedom

3150 County Road 3150, Penelope, TX 76676

$132,000
479,160 sqft 11.00 AC lot

Fully open pastureland in Hill County with multiple homesites and no deed restrictions.

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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.

Malone Motor Lodge For Sale
Malone Motor Lodge For Sale

312 W Live Oak, Malone, TX 76660

$660,000
6,802 sqft

Roadside motel with 100% occupancy and income growth potential.

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Agricultural Land with Farmhouse
Agricultural Land with Farmhouse

290 Hcr 3424 W, Malone, TX 76660

$899,000
100.69 AC lot

Level, open cropland with county road access plus a 3-bedroom farmhouse with utilities in place.

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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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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

Value Estimation by Request
1,750 sqft 0.07 AC lot
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101 Commerce
COMMERCIAL (GENERAL)

101 Commerce, Penelope, TX 76676-3058

Value Estimation by Request
1,750 sqft 0.13 AC lot
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101 Commerce
COMMERCIAL (GENERAL)

101 Commerce, Penelope, TX 76676-3058

Value Estimation by Request
1,452 sqft 0.07 AC lot
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100 Commerce
COMMERCIAL (GENERAL)

100 Commerce, Penelope, TX 76676

Value Estimation by Request
684 sqft 0.32 AC lot
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101 Commerce
COMMERCIAL (GENERAL)

101 Commerce, Penelope, TX 76676-3058

Value Estimation by Request
1,000 sqft 0.07 AC lot
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Commerce
VACANT COMMERCIAL LAND

Commerce, Penelope, TX 76676

Value Estimation by Request
0.07 AC lot
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Grant
VACANT COMMERCIAL LAND

Grant, Penelope, TX 76676

Value Estimation by Request
952 sqft 0.26 AC lot
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Commerce St
COMMERCIAL (GENERAL)

Commerce St, Penelope, TX 76676

Value Estimation by Request
952 sqft 0.24 AC lot
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Commerce St
INDUSTRIAL (GENERAL)

Commerce St, Penelope, TX 76676

Value Estimation by Request
4,108 sqft 2.59 AC lot
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Commerce At Grant St
INDUSTRIAL (GENERAL)

Commerce At Grant St, Penelope, TX 76676

Value Estimation by Request
224 sqft 0.32 AC lot
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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 2,003,760 square feet of properties for sale, with an estimated market value of $1,923,975.

Sale prices for business properties in Penelope, TX start at $132,000, averaging $274,853, 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 $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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