TBD 1 Fm 2114 Road Penelope, TX $ 242,000
TBD 1 Fm 2114 Road
$ 242,000
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TBD 1 Fm 2114 Road

Penelope, TX, 76676
$ 242,000
Baths0.0

Monthly Estimate*

$ 1,490

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Studio

Lots and Land for sale in Penelope, TX

for $242,000. The lot size is 22.08.

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!!!

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Lots and Land Active

Price

$ 242,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 240

Style

Improved Land

Lot Size

22.08

Town/City

Penelope

County/Region

Hill

MLS | Web ID

21188052

Features
General
Development Status Unzoned
Heating None
Cooling None
Utilities Co-op Electric Co-op Water
Possession Closing/Funding
current use Agricultural Crops Crops and Livestock
Restrictions No Mobile Home
School District Penelope ISD
Crops Coastal Bermuda
Property Subtype Improved Land
Subdivision Name B DEBARR
Occupant Type Vacant
County Hill
Property Type Land
HOA Type None
Special Notes Aerial Photo Survey Available Utility Easement Verify Tax Exemptions
Status Active
Directions From Waco- I-35 N. Take FM 308 exit. Right at traffic light onto FM 308. Go approx 14 miles turn L on FM 339. At stop sign turn R on FM 2114. Property is immediately on the left. From West- ea
City Penelope
Elementary School Name Penelope
High School Penelope
Elementary School Penelope
Standard Status Active
Listing Terms Cash Conventional Federal Land Bank Owner Will Carry TX VET Assumable
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Exterior
Waterfront 0
Lot Features Acreage Agricultural Cleared
Vegetation Grassed
Lot Size Source Estimated
Lot Size 10 to < 50 Acres
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* Excluded Features
List By
Sue Milam Reed

Listing Agent

Kelly, Realtors

Broker

Affordability Calculator

$1,510
Per Month
99%
1%
0%
Monthly Principal & Interest
$1,490
Monthly Property Taxes
$20
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4126864 Elementary School
3685764 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/21/2026 $242,000 -8.64% Price Down
2/25/2026 $264,900 Listed Price

Map


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TBD 1 Fm 2114 Road, Penelope, TX, 76676 is a Lots and Land for sale at $242,000 with a lot size of 22.08. TBD 1 Fm 2114 Road is a studio with 0.0 baths. The property's zip code is 76676 which is in Penelope, TX