Penelope Real Estate

Penelope Real Estate

Welcome to Penelope, Texas—a hidden gem nestled in the heart of Hill County! This charming small town exudes a warm, welcoming atmosphere that makes it an ideal place to call home. With a population of just over 200 residents, Penelope offers a tight-knit community where neighbors become friends and everyone shares a sense of belonging.

Rich in history, Penelope boasts a quaint, rural charm that reflects its roots. The town's serene landscape is dotted with picturesque farms and lush greenery, providing a peaceful backdrop for outdoor enthusiasts and families alike. Enjoy leisurely strolls through the scenic countryside or partake in local events that celebrate the spirit of community.

Penelope is conveniently located just a short drive from larger cities like Hillsboro and Waco, allowing residents to enjoy the tranquility of small-town living while having easy access to urban amenities. The local schools are known for their commitment to excellence, making this town a great choice for families seeking quality education.

For those who appreciate a slower pace of life, Penelope is the perfect retreat. With a focus on community values and a strong sense of tradition, residents take pride in their town and its rich heritage. Whether you're looking to buy your first home, retire in peace, or invest in a property, Penelope offers a variety of real estate options to suit your needs.

Discover the charm of Penelope, Texas, and experience the beauty of small-town living in Hill County. Your dream home awaits in this delightful community!

Newest Listings in Penelope

$143,000
21352952 MLS
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.

Tbd County Road 3221, Penelope, TX
$155,000
21345456 MLS
Discover the perfect blend of privacy, natural beauty, and opportunity with this exceptional 10.73-acre tract located in the highly sought-after A+ rated Penelope ISD. With very few neighboring properties, you’ll enjoy the peace and tranquility of wide-open country living while still being conveniently located to nearby communities. A scenic elevated homesite offers breathtaking distant views, creating the ideal backdrop for your dream home, barndominium, or weekend retreat. Whether you’re enjoying spectacular sunrises, colorful Texas sunsets, or stargazing under wide-open skies, this property delivers the rural lifestyle you’ve been searching for. Adding to its value, the property includes a water meter already in place, helping you save both time and expense when you’re ready to build. The land is also currently Ag Exempt, providing significant property tax savings while preserving the beauty and character of the acreage. Rarely do properties combine privacy, panoramic views, existing utilities, tax advantages, and an outstanding school district in one package. Don’t miss this incredible opportunity to own a premier piece of Texas countryside and build the lifestyle you’ve always imagined.

Tbd Hcr 3220 Unit 6, Penelope, TX
$219,500
21341482 MLS
18.08± Acres of Hill County Texas Land Ready to Build. Discover the opportunity to own approximately 18.08 acres in Hill County, Texas, offering plenty of space, good topography, and a peaceful rural setting with no close neighbors. This property is ready for you to build your dream country home and create the lifestyle you've been looking for. Located just 10 to 15 minutes from Interstate 35, the property provides the privacy and open space of country living while maintaining convenient access to nearby communities and the I-35 corridor. Whether you're looking to build a permanent residence, establish a weekend retreat, or simply own acreage in Central Texas, this property offers plenty of possibilities. Electricity is available, and water is located along the road, providing key utilities for future development. The property's good topography offers a practical setting for a home while leaving plenty of room for additional improvements, gardens, recreation, livestock, or simply enjoying the wide-open space. With no close neighbors, you'll have the opportunity to enjoy privacy and a peaceful country atmosphere without being far from major transportation routes. Hill County is a great location for buyers seeking rural land with convenient access to Central Texas. If you've been searching for Hill County acreage, Texas land for sale, rural property near I-35, or a country homesite in Central Texas, this 18.08± acre tract is ready for your vision.

Tbd Hcr 3220, Penelope, TX
$85,000
3 Beds ⋅ 1 Baths ⋅ 21318766 MLS
Enjoy the peace and quiet of country living with this 3-bedroom, 1-bath home situated on a nice-sized lot. Surrounded by the charm of rural life, this property offers plenty of space to enjoy the outdoors while providing an opportunity to make it your own. This fixer-upper is ready for someone with vision to bring it back to life and create a place to call home. If you're looking for a country setting with endless potential, this property is worth a look.

120 S Kennedy St, Penelope, TX
$1,050,000
3 Beds ⋅ 1 Baths ⋅ 21307274 MLS
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!

536 Hcr 3244, Penelope, TX
$320,000
21200251 MLS
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!

Tbd Hcr 3306, Penelope, TX
$579,775
21189370 MLS
BUILD YOUR DREAM HOME, or simply enjoy the country life experience just minutes from shopping or dining in the cities of West or Waco. This beautiful 66.26 acreage tract can be accessed from FM 3212 or FM 2114 and features beautiful rolling terrain, a pond, a wooded creek, and 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. Owner will also divide the property into 3 tracts of 22.08 acres which can be purchased individually at $193,330.00. The other mls numbers are 21188146 and 21188052.You can have one, two, or all 3 tracts of land!! So many possibilities!!! OWNER WILL FINANCE!!!! 10% down, 10% interest for 30 yrs!

Tbd 3 Lcr, Penelope, TX
$193,200
21188146 MLS
Build your dream home or simply enjoy the country life experience just minutes from shopping or dining in the cities of West or Waco. This beautiful acreage features a wooded creek frontage and over 600 feet of paved TX DOT approved road frontage. It is ready for livestock with the coastal grasses. 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. If you need more acreage, check out mls numbers 2119370 and 21188052. All three tracts can be purchased together at $579,975.00 or individually at $193,300.00. So many possibilities!!! OWNER WILL FINANCE!! 10% down, 10% interest for 30 yrs.

Tbd 2 Fm 2114 Road, Penelope, TX
$193,200
21188052 MLS
Build your dream home or simply enjoy the country life experience just minutes from shopping and entertainment in the beautiful cities of West and Waco. This beautiful wide open acreage 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 $193,300.00 or as one 66.26 acre parcel of land for $579975.00. There are so many possibilities!!! OWNER WILL FINANCE!!! 10% down, 10% interest rate- 30 yrs!

Tbd 1 Fm 2114 Road, Penelope, TX
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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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