Residential Land with Road
For Sale
$193,200
TBD 1 FM 2114 Road, Penelope, TX 76676
Land, Penelope, TX
Property SizeContact for details
Lot Size22.08 Acres
Days on Market50
Property Features for TBD 1 FM 2114 Road
General Information
Property type
Land
Property subtype
Other
Zoning description
Unzoned
Vegetation
Grassed
Subdivision
B DEBARR
Lot features
Acreage, Agricultural, Cleared, Subdivided
Elementary school
Penelope
Middle school
Penelope
High school
Penelope
Elementary school district
Penelope ISD
Middle school district
Penelope ISD
High school district
Penelope ISD
Directions
From Waco- I-35 N. Take FM 308 exit. Right at traffic light onto FM 308. Go approx 14 miles, turn L on FM 339. At stop sign turn R on FM 2114. Property is immediately on the left. From West- east towards Penelope on FM 2114. Property is on the left before entering Penelope city limits.
Standard status
Active
APN
124447
Lot size
22.08 Acres
Taxes and HOA fees
Tax Description
TBD 1 FM 2114 B DEBARR Penelope, TX 76676
Tax Annual Amount
240
Legal Description
TBD 1 FM 2114 B DEBARR Penelope, TX 76676
Listing Agency:
Kelly, Realtors
(254) 741-1500
Listed By:
Sue Milam Reed · License #0249839
(254) 741-1500
Added: Jul 14
Changed: Aug 25
Last Checked: Sep 1 at 10:06PM
MLS# 21188052
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 22.08-acre parcel is residential land offering wide-open space and has been sprigged with coastal grass. The property includes over 600 feet of paved TX DOT-approved private road frontage. Prior to closing, the seller will install a co-op water meter, and an agricultural exemption is in place to support lower property taxes. Restrictions prohibit mobile homes.
The seller notes this parcel is one of three available listings. It can be purchased individually or together with the other listings.
For prospective buyers, the land provides a straightforward lot layout with substantial paved private road frontage and essential utilities coordination through the upcoming co-op water meter installation.
The seller notes this parcel is one of three available listings. It can be purchased individually or together with the other listings.
For prospective buyers, the land provides a straightforward lot layout with substantial paved private road frontage and essential utilities coordination through the upcoming co-op water meter installation.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 76676, TX
315
Population
155
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
82%
High-School Grad
23.5 sq mi
ZIP Area
13
Density / Sq Mi
$75,500
Median Household Income
$50,625
Median Earnings
$900
Median Rent
$133,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Wide-open acreage with TX DOT-approved private road frontage over 600 feet and a seller-installed co-op water meter.
Where is this agricultural land / farmland located?
The property is located at TBD 1 FM 2114 Road Penelope, TX.
What is the asking price?
The asking price for this property is $193,200.
What are key features of this property?
This property features: 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
