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    Penelope, TX
    Residential

    Penelope, TX Residential Land & Home Lots for Sale

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    Hubbard, TX Mount Calm, TX Malone, TX Bynum, TX Abbott, TX West, TX Axtell, TX Leroy, TX
    Residential Land with Road Frontage
    Updated: Jul 14
    Residential Land with Road Frontage

    TBD 1 FM 2114 Road, Penelope, TX 76676

    $193,200
    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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    Fenced Acreage with Road Frontage
    Updated: Jul 10
    Fenced Acreage with Road Frontage

    277 Hcr 3221, Penelope, TX 76676

    $150,000
    10.05 AC lot
    10.05‑acre tract (#3) of open land in Penelope, TX, outside city limits
    Road frontage with a 30 ft easement between Track #2 and Track #3 for added access
    Utilities available at the street: electricity and water, plus high‑speed internet
    Fenced property with barbed wire and a double gate for easy access
    Located near Highway 171 and I‑35, FM 1242 and FM 308 for access to Hillsboro, Waco, and Corsicana
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    Fully Fenced Acreage Tract
    Fully Fenced Acreage Tract

    CR 3221, Penelope, TX 76676

    $150,000
    10.59 AC lot

    Versatile, fully fenced land with ample space for livestock or a private build site in a rural setting.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    5.23 Acres in West, Texas
    5.23 Acres in West, Texas

    TBD Lot 2 Mynar Road, West, TX 76691

    $150,000
    5.23 AC lot

    Land in Cottonwood Creek Estates, West, TX, ideal for building.

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    5.23 Acres in West, Texas
    5.23 Acres in West, Texas

    TBD Lot 4 Mynar Road, West, TX 76691

    $150,000
    5.23 AC lot

    Land in Cottonwood Creek Estates, ideal for building a home.

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    Open Pasture Land Tract with Trees
    Open Pasture Land Tract with Trees

    15 Acres | Tract 5 County Rd 3307, Hubbard, TX 76648

    $170,000
    15.00 AC lot

    15-acre tract offers build flexibility with open pasture, natural tree lines, and no deed restrictions for adaptable use.

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    Open Pasture Tract with Homesites
    Open Pasture Tract with Homesites

    12.54 Acres | Tract 2 County Rd 3307, Hubbard, TX 76648

    $149,900
    12.54 AC lot

    A fully open Hill County tract with multiple homesites and pasture potential, with no deed restrictions.

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    Penelope, TX Residential Land & Home Lots Market Trends and Statistics

    Explore 3 residential land & home lots for sale in Penelope, TX, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,860,709 square feet of properties for sale, with an estimated market value of $493,200.

    Sale prices for home sites in Penelope, TX start at $150,000, averaging $164,400, and reaching up to $193,200 — 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 7
    Residential land & home lots 3
    Hunting land 1
    Waterfront Land 1

    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 $173K

    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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    Most Searched ZIP Codes in Penelope, TX

    • 76676

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