92.91 Acres of Land for Sale in Penelope, TX

Discover this charming 3 bed, 1 bath hardie board and batten siding farmhouse set on 92 STUNNING ACRES— an income producing retreat! The property features a large stocked pond (2021), gently rolling landscape, 30+ acres in cultivation, and is fenced and cross-fenced, making it ideal for both recreation and livestock. The home blends vintage 1900s charm with modern updates, including wood-look laminate flooring, shiplap accents, a loft, and a durable metal roof. There's a closed-in front porch that's ready to be finished and makes an additional bonus room to the house. A brand new central air and heat unit (2024) and a diesel generator connected to the home offer comfort and peace of mind year-round. All new windows, updated plumbing and electrical. Step outside to enjoy the vast open space from the back deck, two large equipment workshops for animals and storing of farm equipment. Whether you’re an avid outdoorsman or simply seeking a serene homestead with character, this property delivers space, functionality, and timeless appeal. Come experience the perfect blend of rustic charm and rural lifestyle — this one-of-a-kind property won’t last long!