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!
Build your dream home or simply enjoy the country life experience. This beautiful acreage features over 600 feet of paved TX DOT approved 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. This gently rolling terrain pasture land provide lots of room to spread out. Only restriction is no mobile homes.
Build your dream home or simply enjoy the country life experience. This beautiful acreage features over 600 feet of paved TX DOT approved 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. This gently rolling terrain pasture land provide lots of room to spread out. Only restriction is not mobile homes.
Build your dream home or simply enjoy the country life experience. This beautiful acreage features over 600 feet of paved TX DOT approved 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. This gently rolling terrain pasture land provide lots of room to spread out. Only restriction is not mobile homes.
Escape to 16.37 acres of cleared, ag exempt property with rolling terrain and a stock pond. Ideal for a new homestead with ample space for outbuildings and livestock. This serene retreat offers a perfect escape from the hustle and bustle of everyday life. Located on County Road 3220, this country acreage property could be where you build your new home. Explore the possibilities of creating your own peaceful oasis on this expansive piece of land.
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.
Cultivated farmland and hay production. One small stock tank. Over 2500 foot of All Season Weather Road frontage on CR 3214, and over 600 foot of All Season Weather Road frontage on CR 3220. Property in this area is showing great appreciation values. Call Randy Carlisle for more Information.
Searching for wide open spaces to enjoy peaceful country life? Then look no more! This amazing 10.703-acre prairie property offers all of that and more including an established pond for fishing or stock tank use. Located on gravel access portion of County road 3220, this well defined acreage offers a multitude of opportunities including agricultural use, recreation or an amazing site to build your dream home in the highly rated Penelope school district. Water and electric access is available . A splendid opportunity awaits for buyers who appreciate clean country air, beautiful Texas skies and down home country life. Bring your cows, horses chickens or goats !
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!

| Copyright © 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. |
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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.