Country Roads Take Me Home !The opportunity for your very own Little House on the Prairie, complete with Farm and Ranch setup, has arrived! Also great for commercial use.A rare find! This 22.673 acre fenced Farm and Ranch includes a cozy and quaint Prairie Style Farm Home featuring cabinet space galore, eat in kitchen and formal living area which offers multiple options for living, dining, office, or playroom. Just off the garage you will also find a large laundry room with shower, perfect after a rewarding day working your cattle or crops. Step outside and enjoy a glass of lemonade under the pecan tree as you soak in the clean country air and wide open spaces or enjoy the stars on the wide-open Prairie during the serene evenings. Your new Home comes complete with Rustic Vintage Barn with stalls and tack room as well as an additional 1,500 square foot metal building with a 50 x 25 open covered section for carport, RV,or patio. This solid metal structure on slab foundation building includes electricity, both 50- and 30-amp RV hookups and is also plumbed for water. Two rollup 12 x 12 doors give easy access for boat or camper storage, cars or workshop. Fantastic Barndominium potential opportunity awaits creative buyers with a Texas vision. Shoulda been a Cowboy? Here is your chance as this amazing property comes complete with pasture, stock pond, livestock stalls, working pens, Pearson Original Cattle Chutes , hay ring and troughs. Farming more of your style? Chicken coops in place and plenty of Texas countryside for your garden and crops! Additional 10.7 Acres available which adjoins property, see MLS 120918846. Don't miss this once in a lifetime opportunity located in the highly rated Penelope School District .
Rural Penelope!!! Rooted in agriculture, with many local farms and ranches, Penelope's tight-knit community, peaceful rural setting, and agricultural heritage is where you can find a strong sense of community and enjoy the simplicity of country life. Rehab this single wide mobile home to make this the perfect investment rental property! Possible rezoning can make this a commercial lot opportunity! Execute your next project in Penelope, Texas!
Great corner tract comprised of 6 lots totalling .83 acres. This can be residential or commercial land. The home will be torn down. This corner lot would make a perfect location to build a new home, or to add tiny houses for rentals or it could possibly accommodate a small commercial business. Endless possibilities with this one. Agent is owner.
Your turnkey Ranchette awaits ! This practically new 2024 5 bedroom ,3 bath Titanium Hogan model doublewide offers the warmth of a new home with it's vast open concept living arrangement and modern features. This lovely home with island kitchen, extraordinary cabinet space, and a primary bedroom suite with huge master bath and walk in closet , all sits on a hilltop overlooking this 15.446 acre Central Texas prairie property. Inside this spacious home also features an oversize utility room perfect for the farmer or rancher. Enjoy the tranquil view from your hilltop oasis as you soak up the Texas evening sunsets and occasional view of the wildlife emerging from the tree lined creek bed along the western property border. Bring your livestock or farm animals as this amazing property also offers a shared pond, and chicken coops. A must see!
Discover this charming 3 bed, 1 bath hardie board and batten siding farmhouse set on 92 STUNNING ACRES— an income producing retreat! The property features a large stocked pond (2021), gently rolling landscape, 30+ acres in cultivation, and is fenced and cross-fenced, making it ideal for both recreation and livestock. The home blends vintage 1900s charm with modern updates, including wood-look laminate flooring, shiplap accents, a loft, and a durable metal roof. There's a closed-in front porch that's ready to be finished and makes an additional bonus room to the house. A brand new central air and heat unit (2024) and a diesel generator connected to the home offer comfort and peace of mind year-round. All new windows, updated plumbing and electrical. Step outside to enjoy the vast open space from the back deck, two large equipment workshops for animals and storing of farm equipment. Whether you’re an avid outdoorsman or simply seeking a serene homestead with character, this property delivers space, functionality, and timeless appeal. Come experience the perfect blend of rustic charm and rural lifestyle — this one-of-a-kind property won’t last long!

Penelope is located in Texas. Penelope, Texas has a population of 183. Penelope is more family-centric than the surrounding county with 45.65% of the households containing married families with children. The county average for households married with children is 29.39%.
The median household income in Penelope, Texas is $51,875. The median household income for the surrounding county is $57,800 compared to the national median of $69,021. The median age of people living in Penelope is 45.9 years.
The average high temperature in July is 95.6 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 37.7 inches per year, with 0.2 inches of snow per year.