Rural Acreage with Pond and
TBD 3 LCR 3212 Penelope, TX 76676
TBD 3 LCR 3212, Penelope, TX, 76676
$242,000
For Sale
$242,000
LAND - Penelope, TX
Lot Size22.08 Acres
Days on Market33
Property Features for TBD 3 LCR 3212
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Brush, Cleared, Wooded
- Standard status
- Active
- APN
- 124447
- Lot size
- 22.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 240
Listing Agency
Kelly, Realtors
(254) 741-1500
Waco, TX
Listed by
Sue Milam Reed · License #0249839
(254) 741-1500
Added: Jun 16 Checked: Jul 18 at 9:06 am
MLS# 21189370
Listing URL
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.
This offering is a rural tract of 22.08 acres featuring gently rolling pastureland with newly sprigged coastal grass. The property includes a pond and a wooded creek, offering natural variation across the acreage. A Birome co-op water meter will be installed by the seller prior to closing. The land is currently described as suitable for building your home while enjoying country surroundings, and it is subject to restrictions that prohibit mobile homes.
Access is provided from FM 3212. The seller notes that this acreage is one of three parcels listed for sale, with two additional parcels available under MLS numbers 21188146 and 21188052. The property also benefits from a current agricultural exemption, which the seller states can result in lower property taxes.
For buyers seeking space and privacy, this parcel’s pasture configuration and existing water features may support a custom residential build on rural land. With FM 3212 access and a planned water meter installation at closing, the property provides a straightforward starting point for an owner who wants to build on their own timeline. Owner financing is also noted as available. Buyers should review the mobile home restrictions and confirm all terms and conditions during due diligence.
Access is provided from FM 3212. The seller notes that this acreage is one of three parcels listed for sale, with two additional parcels available under MLS numbers 21188146 and 21188052. The property also benefits from a current agricultural exemption, which the seller states can result in lower property taxes.
For buyers seeking space and privacy, this parcel’s pasture configuration and existing water features may support a custom residential build on rural land. With FM 3212 access and a planned water meter installation at closing, the property provides a straightforward starting point for an owner who wants to build on their own timeline. Owner financing is also noted as available. Buyers should review the mobile home restrictions and confirm all terms and conditions during due diligence.
Key Highlights
- Acreage accessible from FM 3212 with gently rolling terrain pasture for room to spread out
- Features a pond and a wooded creek
- Newly sprigged coastal grass
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural land / Farmland - A 22-acre parcel with pond, wooded creek, and pasture terrain, accessible from FM 3212 for country living or development.
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 $242,000.
What are key features of this property?
This property features: Acreage accessible from FM 3212 with gently rolling terrain pasture for room to spread out; Features a pond and a wooded creek; Newly sprigged coastal grass
