

$85,000
120 S Kennedy Street, Penelope, TX, 76676
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About this property
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.
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Learn About the Market: Opportunity in Texas




Explore
Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Penelope
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