Agricultural & Residential Land for Sale in Penelope, Texas
1 FM 2114 Rd, Penelope, TX 76676
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!
Location
- Street address
- 1 FM 2114 Rd
- County
- Hill County
- Zip code
- 76676
- Community
- B Debarr
- School district
- Penelope ISD
- Elevation
- 548 feet
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- east towards Penelope on FM 2114. Property is on the left before entering Penelope city limits.
Property details
- Acreage
- 22.08 acres
- MLS #
- NTREIS 21188052
- Posted
Property taxes
- Recent
- $240
Parcels
- 124447
Legal description
TBD 1 FM 2114 B DEBARR Penelope, TX 76676
Details and features
Listing
- Type
- Land
- Zoning
- Unzoned
Lot
- Vegetation
- Grassed
- Features
- Acreage, Agricultural, Cleared, Subdivided
Nearby schools
| Name | Type | District |
|---|---|---|
| Penelope | Elementary | Penelope ISD |
| Penelope | Middle | Penelope ISD |
| Penelope | High | Penelope ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 14, 2026 | Price drop | $193,200 | $48,800 -20.2% | NTREIS |
| Apr 22, 2026 | Price drop | $242,000 | $22,900 -8.6% | NTREIS |
| Feb 25, 2026 | New listing | $264,900 | — | NTREIS |