Agricultural

Penelope, TX Agricultural Land / Farmland 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

$160,128
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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Farmland Parcel with No Known Restrictions
Updated: Jul 7
Farmland Parcel with No Known Restrictions

HCR 3306, Penelope, TX 76676

$320,000
60.49 AC lot
60.492 acres of agricultural land
Currently used as farmland
No known restrictions
Located in Penelope ISD
Access from HCR‑3306
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Farmland with Pond and Creek
Farmland with Pond and Creek

TBD 3 LCR 3212, Penelope, TX 76676

$480,385
66.26 AC lot

Pastureland combines rolling topography, water features, coastal grass, and access from two farm-to-market roads.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Farmland Tract on FM 2114
Farmland Tract on FM 2114

1 Fm 2114 Road, Penelope, TX 76676

$160,128
961,804 sqft

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

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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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Penelope, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

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

$160,128
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

$225,000
18.00 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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Penelope, TX Agricultural Land / Farmland Market Trends and Statistics

Explore 5 agricultural land / farmland for sale in Penelope, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,906,183 square feet of properties for sale, with an estimated market value of $1,263,641.

Sale prices for farmlands in Penelope, TX start at $143,000, averaging $252,728, and reaching up to $480,385 — 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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