Courtesy: Greater Waco Realty, LLC
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.
Courtesy: Arise Capital Real Estate
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!
Courtesy: McKamie Real Estate Services
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.
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.
