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$155,000

TBD HCR 3220 6, Penelope, TX, 76676

On MarketInfo
Baths0 Bath

About this property

Discover the perfect blend of privacy, natural beauty, and opportunity with this exceptional 10.73-acre tract located in the highly sought-after A+ rated Penelope ISD. With very few neighboring properties, you’ll enjoy the peace and tranquility of wide-open country living while still being conveniently located to nearby communities. A scenic elevated homesite offers breathtaking distant views, creating the ideal backdrop for your dream home, barndominium, or weekend retreat. Whether you’re enjoying spectacular sunrises, colorful Texas sunsets, or stargazing under wide-open skies, this property delivers the rural lifestyle you’ve been searching for. Adding to its value, the property includes a water meter already in place, helping you save both time and expense when you’re ready to build. The land is also currently Ag Exempt, providing significant property tax savings while preserving the beauty and character of the acreage. Rarely do properties combine privacy, panoramic views, existing utilities, tax advantages, and an outstanding school district in one package. Don’t miss this incredible opportunity to own a premier piece of Texas countryside and build the lifestyle you’ve always imagined.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

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Tim Owen

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Penelope

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TBD HCR 3220 6 | Property Details | No Agent List