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$226,000

TBD HCR 3220, Penelope, TX, 76676

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Baths0 Bath
Unimproved LandUnimproved Land

About this property

18.08± Acres of Hill County Texas Land Ready to Build. Discover the opportunity to own approximately 18.08 acres in Hill County, Texas, offering plenty of space, good topography, and a peaceful rural setting with no close neighbors. This property is ready for you to build your dream country home and create the lifestyle you've been looking for. Located just 10 to 15 minutes from Interstate 35, the property provides the privacy and open space of country living while maintaining convenient access to nearby communities and the I-35 corridor. Whether you're looking to build a permanent residence, establish a weekend retreat, or simply own acreage in Central Texas, this property offers plenty of possibilities. Electricity is available, and water is located along the road, providing key utilities for future development. The property's good topography offers a practical setting for a home while leaving plenty of room for additional improvements, gardens, recreation, livestock, or simply enjoying the wide-open space. With no close neighbors, you'll have the opportunity to enjoy privacy and a peaceful country atmosphere without being far from major transportation routes. Hill County is a great location for buyers seeking rural land with convenient access to Central Texas. If you've been searching for Hill County acreage, Texas land for sale, rural property near I-35, or a country homesite in Central Texas, this 18.08± acre tract is ready for your vision.

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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
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Jonathan Wise

Whitetail Properties Real Estate

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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 | Property Details | No Agent List