277 Hcr 3221, Penelope, TX 76676

Listing agent Kimberly Korfe License #0595283 Show Phone

Listing office TDRealty Mansfield, TX Show Phone

Listing date May 5, 2026

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MLS# 21253151 Listing URL

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Overview

This offering is a 10.05-acre tract (tract #3) of open land in Penelope, Texas, with road frontage and utilities available at the street, including electricity and water. The property is fenced with barbed wire and includes a double gate for convenient entry. A 30-foot easement between tract #2 and tract #3 is noted, providing additional clarity around access and boundaries.

The tract is located outside city limits and is presented as having no known restrictions. It’s positioned for practical commuting to nearby employment and shopping options, with access to Highway 171 and I-35, as well as FM 1242 and FM 308. Hillsboro, Waco, and Corsicana are described as within a reasonable drive.

With its open layout and space for additional outbuildings, this land is well suited for buyers looking to build a residence or a barndominium, as well as those interested in a small ranch-style setup or future development. Bring your own builder and plan for animals or recreation while keeping the rural feel and retaining city conveniences just down the road.

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Penelope

County

Hill

State

Texas

Longitude

-96.962799

Latitude

31.885282

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FAQs

What type of property is this?

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

Where is this residential land & home lot located?

The property is located at 277 Hcr 3221 Penelope, TX.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: 10.05‑acre tract (#3) of open land in Penelope, TX, outside city limits; Road frontage with a 30 ft easement between Track #2 and Track #3 for added access; Utilities available at the street: electricity and water, plus high‑speed internet