Farmland with Pond and
For Sale
$480,385
TBD 3 LCR 3212, Penelope, TX 76676
Land, Penelope, TX
Property SizeContact for details
Lot Size66.26 Acres
Days on Market100
Property Features for TBD 3 LCR 3212
General Information
Property type
Land
Property subtype
Other
Zoning description
Un zoned
Vegetation
Wooded, Cleared, Brush
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) 744-3364
Added: Jul 10
Changed: Sep 25
Last Checked: Oct 17 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This 66.26-acre agricultural tract features gently rolling pasture, coastal grass, a pond, and a wooded creek. Birome co-op water meters have been purchased; installation remains to be completed. The property carries an agricultural exemption, and restrictions prohibit mobile homes.
Access is available from FM 3212 or FM 2114. The land may also be divided into three individual tracts of 22.08 acres each.
Access is available from FM 3212 or FM 2114. The land may also be divided into three individual tracts of 22.08 acres each.
Key Highlights
- 66.26 acres of agricultural land
- Access from FM 3212 or FM 2114
- Pond, wooded creek, rolling terrain, and coastal grass
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Pastureland combines rolling topography, water features, coastal grass, and access from two farm-to-market roads.
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 $480,385.
What are key features of this property?
This property features: 66.26 acres of agricultural land; Access from FM 3212 or FM 2114; Pond, wooded creek, rolling terrain, and coastal grass
