Lot/land

Price cut: $22.9K (4/21)

$242,000

1 Fm 2114, Penelope, TX 76676

--beds

--baths

22.08Acres

Improved Land

Built in ----

22.08 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Beautiful wide open acreage

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!

129 days

16

3

Facts & features

Interior

Heating

None

Cooling

None

Video & virtual tour

View virtual tour

Property

Lot

Size: 22.08 Acres
Features: Acreage, Agricultural, Cleared, Subdivided
Residential vegetation: Grassed

Details

Parcel number: 124447
Zoning description: Unzoned

Utilities & green energy

Water: Community/Coop
Utilities for property: Electricity Available, Water Available

Community & HOA

Community

Subdivision: B Debarr

HOA

Has HOA: No

Location

Region: Penelope

Financial & listing details

Annual tax amount: $240
Date on market: 2/24/2026
Cumulative days on market: 145 days
Listing terms: Assumable,Cash,Conventional,Federal Land Bank,Owner Will Carry,Texas Vet

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/21/2026	Price change	$242,000-8.6%
Source: NTREIS #21188052 Report a problem
2/24/2026	Listed for sale	$264,9000%
Source: NTREIS #21188052 Report a problem
1/31/2026	Listing removed	$264,960
Source: NTREIS #21153495 Report a problem
1/17/2026	Listed for sale	$264,960
Source: NTREIS #21153495 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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