Courtesy: TDRealty
Discover the perfect opportunity to own 10.05 acres-tract #3 of prime land in the peaceful city of Penelope, TX. This versatile property offers road frontage, electricity, water, and high-speed internet, making it an ideal place for building your dream home, setting up a small ranch, or future development. With open spaces and 30 ft easement between Track #2 and Track #3, the land provides easy access, in a serene country feel while still being conveniently located near Highway 171 and I-35, FM 1242 and FM 308, offering easy access to Hillsboro, Waco, and Corsicana. Bring your own builder to build your dream home or barndominium, with plenty of space for additional storage buildings, animals or recreation. Property is fenced with barbed wire and has double gate for easy access. Don't miss this chance to enjoy country living with city conveniences just a short drive away. Key Features: 10.05 Acres of Open Land, Road Frontage, Electricity & Water Available at street. No Known Restrictions Ideal for Residential, Ranch, or Development. Located outside of city limits with low tax rate, minutes away to FM 2114 and FM 308. Schedule your showing today!
Courtesy: Monument Realty
214-705-7827
Discover the perfect opportunity with this beautiful 10+ acre tract of land! Fully fenced and ready for your vision, this versatile property offers endless possibilities whether you're looking to build your dream home, create a private ranch, or invest in land with long-term potential. With ample space for cattle, horses, or other livestock, this property is ideal for those seeking a peaceful country lifestyle with room to grow. The layout also provides the option to create a private family compound, offering space for multiple residences while maintaining privacy. Enjoy wide open views, usable land, and the freedom to design the property exactly how you want. Whether you're a homeowner, investor, or looking to build your legacy, this property checks all the boxes.
Courtesy: Coldwell Banker Apex, REALTORS
254-776-0000
Looking for that perfect place in the country to build your dream home? This is it! This 60.492 acres is located in Penelope ISD with no known restrictions! This property is located on HCR-3306. Property is currently used as farmland. Country living but not to far from the city - located a short distance from Waco and West! Schedule a showing today - walk the land and dream of all the possibilities!
Courtesy: Kelly, Realtors
254-741-1500
Build your dream home or simply enjoy the country life experience. This beautiful acreage features a wooded creek frontage and over 600 feet of paved TX DOT approved road frontage. It has r3ecently been sprigged with coastal grass. Seller will install a Birome co-op water meter prior to closing. The land benefits from lower property taxes due to the present agricultural exemption. This gently rolling terrain pasture land provide lots of room to spread out. Restrictions prohibit mobile homes. This 22 acres is one of 3 listings. The other mls numbers are 2119370 and 21188052. The can purchased together at $749700 or individually at $264900. So many possibilities!!! OWNER WILL FINANCE!! 10% down, 10% interest for 30 yrs.
Courtesy: Kelly, Realtors
254-741-1500
Build your dream home or simply enjoy the country life experience. This beautiful wide open acreage has recently been sprigged with coastal grass and features over 600 feet of paved TX DOT approved private road frontage. Seller will install a co-op water meter prior to closing. The land benefits from lower property taxes due to the present agricultural exemption. Restrictions prohibit mobile homes. This parcel of land is one of 3 listings. Please refer to listings 21189370 and 21188146. They can be purchased individually at $264900 or as one parcel of land for $794700. There are so many possibilities!!! OWNER WILL FINANCE!!! 10% down, 10% interest rate- 30 yrs!
Courtesy: Kelly, Realtors
254-741-1500
BUILD YOUR DREAM HOME, or simply enjoy the country life experience. This beautiful acreage can be accessed from FM 3212 and features beautiful rolling terrain, a pond, a wooded creek, and newly sprigged coastal grass. Seller will install a Birome co-op water meter prior to closing. The land benefits from lower property taxes due to the present agricultural exemption. This gently rolling terrain pasture land provide lots of room to spread out. Restrictions prohibit mobile homes. This acreage is one of 3 parcels listed. The other mls numbers are 21188146 and 21188052. They Can be bought all together at $794700 or individually at $264900. So many possibilities!!! OWNER WILL FINANCE!!!! 10% down, 10% interst for 30 yrs!
Escape to wide-open skies and peaceful country living with this stunning 10.7 acre tract in Hill County. Located outside city limits and free from any known restrictions, this ag-exempt property is perfect for building your dream home, starting a small farm, or creating a weekend retreat. The land is fully fenced, has a water meter already in place, and electricity is available nearby making it ready for your plans. With scenic views, room to roam, and plenty of possibilities, this slice of Texas countryside offers the quiet life you’ve been looking for. No HOA. Horses, livestock, and dreams welcome.
Courtesy: Real Broker, LLC
Escape to wide-open skies and peaceful country living with this stunning 10.7 acre tract in Hill County. Located outside city limits and free from any known restrictions, this ag-exempt property is perfect for building your dream home, starting a small farm, or creating a weekend retreat. The land is fully fenced, has a water meter already in place, and electricity is available nearby making it ready for your plans. With scenic views, room to roam, and plenty of possibilities, this slice of Texas countryside offers the quiet life you’ve been looking for. No HOA. Horses, livestock, and dreams welcome.
5.72 acres! No restrictions! Post Oak Water Meter already installed! Hill Co Electricity available! The current ag exemption has the annual taxes at $8.23! Survey in hand! Penelope ISD! 30 miles from Waco! 65 miles from Dallas!
A country oasis awaits you with this 20+ AC countryside tract of land. This property features great views, two ponds, and a creek running across the back of the property. There is a water meter already installed on the property and electricity is available. The land is the perfect place to build your dream home or a weekend getaway. Newer perimeter fencing and two gate entrances off HCR 3220. This property boasts endless opportunities, so come check it out today!
Looking for that perfect place in the country to build your dream home? This is it! This 60.492 acres is located in Penelope ISD with no known restrictions! This property is located on HCR-3306. Property is currently used as farmland. Country living but not to far from the city - located a short distance from Waco and West! Schedule a showing today - walk the land and dream of all the possibilities!
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| This information is provided by the Central Texas Multiple Listing Service, Inc., and is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Four Rivers Association of Realtors/Central Texas MLS. All rights reserved. |
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.
