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    Tbd Hcr 3306 Penelope, TX 76676

    For Sale
    $375,000

    Unimproved Land - Penelope, TX

    Type:Unimproved Land
    Lot size:
    60.49 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 10 at 11:06 pm

    Property Features for Tbd Hcr 3306

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    124664
    Lot size
    60.49 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Apex, REALTORS (254) 776-0000

    Listing agent Dana Mitchell (254) 776-0000 License #0594663

    Listing date Sep 11, 2025

    MLS# 214237 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    60 Acres of Farmland

    This 60.492-acre property is located in Penelope, Texas, and is currently used as farmland. Situated in the Penelope Independent School District with no known restrictions, the land presents an opportunity for building a home. Located on HCR-3306, the property offers country living within a short distance of Waco and West.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Penelope
    County
    Hill
    State
    Texas
    Longitude
    -96.9462
    Latitude
    31.8607

    Nearby Similar for Sale

    • $1,070,000
      92.91 Acres

      92 Acres Farmhouse in Penelope, TX

      Charming farmhouse on 92 acres, ideal for recreation and livestock.
      536 Hcr-3244, Penelope, TX 76676
      View Details

    FAQs

    What type of property is this?
    Land - 60.492 acres of farmland in Penelope, Texas.
    Where is this land located?
    The property is located at Tbd Hcr 3306 Penelope, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - 60.492 acres of land; - Located in Penelope ISD; - No known restrictions offer flexibility
    (254) 776-0000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tbd Hcr 3306 Penelope, TX 76676
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