Penelope Real Estate

Penelope Real Estate

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Penelope and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

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Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest Listings in Penelope

$226,000
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
$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
$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
$150,000
21219647 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
$399,900
3 Beds ⋅ 2 Baths ⋅ 21211505 MLS
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.

188 Hcr 3215, Penelope
$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
$579,775
21189370 MLS
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!

Tbd 3 Lcr, Penelope
$193,200
21188146 MLS
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.

Tbd 2 Fm 2114 Road, Penelope
$193,200
21188052 MLS
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!

Tbd 1 Fm 2114 Road, Penelope
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