Residential

Penelope, TX Residential Land & Home Lots 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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Residential Land with Road Frontage
Updated: Jul 14
Residential Land with Road Frontage

TBD 1 FM-2114, Penelope, TX 76676

$160,128
22.08 AC lot
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
Agricultural exemption may lower property taxes
Restrictions prohibit mobile homes
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Ready-to-Build Acreage Tract
Ready-to-Build Acreage Tract

HCR 3220, Penelope, TX 76676

$214,500
18.08 AC lot

18.08+/- acres in Hill County with electricity available and water along the road for future site development.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Land, Penelope, TX
Land, Penelope, TX

HCR 3220 lot: 6, Penelope, TX 76676

$155,000
10.73 AC lot

Land · 10.73 Acres

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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.

Fenced Ranch Property with Barn
Fenced Ranch Property with Barn

1044 Hcr 3241, Hubbard, TX 76648

$1,100,000
3,140,240 sqft

Fenced and cross-fenced property with cattle pens and three water meters for house, barn, and field.

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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, Hubbard, TX
Land, Hubbard, TX

Tract 2 County Rd 3307, Hubbard, TX 76648

$149,900
12.54 AC lot

Agricultural land / Farmland · 12.54 Acres

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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 Residential Land & Home Lots Market Trends and Statistics

Explore 5 residential land & home lots for sale in Penelope, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 3,639,482 square feet of properties for sale, with an estimated market value of $832,756.

Sale prices for home sites in Penelope, TX start at $143,000, averaging $166,551, and reaching up to $214,500 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Agricultural land / Farmland 4
Residential land & home lots 3

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 $259.2K

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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