Agricultural Acreage with
For Sale
$579,775
TBD 3 LCR 3212, Penelope, TX 76676
Land, Penelope, TX
Property SizeContact for details
Lot Size66.26 Acres
Days on Market55
Property Features for TBD 3 LCR 3212
General Information
Property type
Land
Property subtype
Other
Zoning description
Un zoned
Vegetation
Wooded, Brush, Cleared
Subdivision
B DEBARR
Lot features
Acreage, Agricultural, Cleared
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
66.26 Acres
Taxes and HOA fees
Tax Annual Amount
240
Listing Agency:
Kelly, Realtors
(254) 741-1500
Listed By:
Sue Milam Reed · License #0249839
(254) 741-1500
Added: Jul 10
Changed: Aug 25
Last Checked: Sep 2 at 1:06AM
MLS# 21189370
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.
Agricultural acreage totaling 66.26 acres in Penelope, Texas, featuring a pond, a wooded creek, and gently rolling pasture land. The property also includes newly sprigged coastal grass and room to spread out. A Birome co-op water meter will be installed prior to closing.
The land is accessed from FM 3212 and includes an agricultural exemption that may provide lower property tax treatment. Restrictions prohibit mobile homes.
This acreage is one of three parcels listed. The other listings are MLS numbers 21188146 and 21188052, and the parcels can be purchased together or individually.
The land is accessed from FM 3212 and includes an agricultural exemption that may provide lower property tax treatment. Restrictions prohibit mobile homes.
This acreage is one of three parcels listed. The other listings are MLS numbers 21188146 and 21188052, and the parcels can be purchased together or individually.
Key Highlights
- 66.26‑acre agricultural acreage with pond and gently rolling pasture land
- Access from FM 3212
- Wooded creek runs through the property
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
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 - 66.26-acre agricultural property with pond and wooded creek access from FM 3212, with a co-op water meter to be installed prior closing.
Where is this agricultural land / farmland located?
The property is located at TBD 3 LCR 3212 Penelope, TX.
What is the asking price?
The asking price for this property is $579,775.
What are key features of this property?
This property features: 66.26‑acre agricultural acreage with pond and gently rolling pasture land; Access from FM 3212; Wooded creek runs through the property
