




$193,200
$242,000
TBD 1 FM 2114 Road, Penelope, TX, 76676
About this property
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!
Investor Tools
Financing Details
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
No Agent List Top Properties.
These are Deal List properties graded A+, A.
Loading properties...
Sold Properties
Loading properties...