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    Penelope, TX Residential Land & Home Lots for Sale

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    Hubbard, TX Mount Calm, TX Abbott, TX
    $242,000
    22.08 Acres

    Acreage with Private Paved Road Frontage

    TBD 1 FM 2114 Road, Penelope, TX 76676

    Wide-open acreage offers TX DOT approved private road frontage, sprigged coastal grass, and a co-op water meter installed before closing.

    • 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 provide lower property taxes
    • Restrictions prohibit mobile homes
    Updated: Apr 21
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    $150,000
    10.05 Acres

    Fenced Acreage with Road Frontage

    277 Hcr 3221, Penelope, TX 76676

    Open acreage with utilities available at the street and fencing with double-gate access for residential, ranch, or development plans.

    • 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
    Updated: May 5
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    Fenced Ag-Exempt Land Tract
    $150,000
    10.73 Acres

    Fenced Ag-Exempt Land Tract

    A rural ag-exempt tract with fencing, a water meter, and electricity nearby—well-suited for a homesite or small farm.

    HCR 3220, Penelope, TX 76676
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    $150,000
    10.59 Acres

    Fully Fenced Acreage Tract

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

    CR 3221, Penelope, TX 76676
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Recreational Acreage with Seasonal Creek
    $155,000
    10.00 Acres

    Recreational Acreage with Seasonal Creek

    A 10-acre tract with front pasture, a tree-lined seasonal creek, gated access, and utilities available for flexible use.

    County Road 3204, Abbott, TX 76621
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    Recreational Homesite Land
    $155,000
    10.00 Acres

    Recreational Homesite Land

    Open pasture homesite at the front with creek and tree privacy at the back, just off I-35.

    County Road 3204, Abbott, TX 76621
    View details
    Open Pasture Tract with Homesites
    $149,900
    12.54 Acres

    Open Pasture Tract with Homesites

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

    12.54 Acres | Tract 2 County Rd 3307, Hubbard, TX 76648
    View details
    Gently Rolling Pasture Land
    $132,000
    11.00 Acres

    Gently Rolling Pasture Land

    An 11-acre open tract near Hubbard with flexible homesite options, long-range views, and no deed restrictions.

    11 Acres | TBD County Rd 3150, Hubbard, TX 76648
    View details

    Penelope, TX Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 4 residential land & home lots for sale in Penelope, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $692,000.

    Sale prices for home sites in Penelope, TX start at $150,000, averaging $173,000, and reaching up to $242,000 — 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

    Agricultural land / Farmland 7

    Demographics Overview

    Population 353
    Population Growth (5Y) +18.9%
    Median Household Income $75,500
    College Educated 28.6%

    Taxes & Financing

    Tax Rate (average for all types) 0.64%
    Property Tax per SF $15.13 per sq ft
    Tax Rate vs County Average 0.35 pp above county avg
    Average Loan-to-Value 65.0%

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