Penelope TX Real Estate & Homes for Sale

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Beds:
3
Baths:
1.00
Sq.Ft.:
1,661
Status:
Active
MLS#:
21307274
Type:
Farm
Lot size:
92.91 Acres
Year built:
1902
A broker reciprocity listing Courtesy: Julie Siddons REALTORS, LLC 254-582-0077
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ADDITIONAL INFORMATION

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!

Beds:
3
Baths:
2.00
Sq.Ft.:
1,620
Status:
Active
MLS#:
21211505
Type:
Manufactured Home
Lot size:
20.17 Acres
Year built:
2023
A broker reciprocity listing Courtesy: Greater Waco Realty, LLC
View additional info

ADDITIONAL INFORMATION

If you've been waiting for some land, this might be it! 20 acres, fully fenced, ready for horses, with a pond and room to breathe. This property is perfectly set up with an iron pipe entry fence, crossed fenced, corrals, two outbuildings. Also cross-fenced with two separate entrances, including a secondary access point from an adjacent tract. Power and water are available at the road, offering excellent flexibility if divided into two separate properties. Currently under ag exemption. The house is in immaculate shape with 3 beds, 2 baths, and two living areas. The best part? Stunning views of the conservation lake from the oversized front porch wood deck, living room, and primary suite. Priced below its recent $465K appraisal—step into an incredible opportunity to gain instant equity. Low taxes, little traffic, and total privacy—just the way country living should be.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2026 North Texas Real Estate Information Systems



Penelope Real Estate

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.

Penelope Weather

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.

Penelope Map

Penelope Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    13
    30-day change

Penelope Schools and Demographics

Education near Penelope, TX

City County
High School Graduates 83.47 85.44
College Degree - 2 year 14.17 9.83
College Degree - 4 year 16.54 17.35
Graduate Degree 3.15 4.18
Expenditures per Student 14,239 14,239
Students per Teacher 12.2 12.2

Elementary Schools near Penelope, TX

Grades Students P/T Ratio ZIP
Hubbard Elementary School PK - 05 193 13.8 76648
Malone Elementary School PK - 08 96 8.3 76660

Middle Schools near Penelope, TX

Grades Students P/T Ratio ZIP
Hubbard Middle School 06 - 08 75 10.1 76648

High Schools near Penelope, TX

Grades Students P/T Ratio ZIP
Hubbard High School 09 - 12 110 9.2 76648

Ungraded Schools near Penelope, TX

Grades Students P/T Ratio ZIP
Abbott School PK - 12 264 10.9 76621
Bynum School PK - 12 208 9.9 76631
Penelope School PK - 12 191 10 76676

Demographics near Penelope, TX

City County
Neighborhood Type Small Town
Population 183 35,686
Population Density 185 37
Median Age 45.9 41.4
People per Household 2.5 2.7
Median Household Income 51,875 57,800
Average Income per Capita 24,926 28,774

Real estate near Penelope