231 days on Zillow
Penelope TX Real Estate & Homes For Sale
14 results
- 9 days on Zillow
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- 1 hour ago
- Fenced and cross-fenced
- Agricultural character
- 1 hour ago
- Price cut: $5,000 (10/6)
- Private homesite
- 145 days on Zillow
- Usable land
- Usable pasture
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- Country quiet
- Large metal hay barn
- A pond
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Similar results nearby
Results within 4 miles- Gorgeous acreage
- Spring-fed stock pond
- Wide-open pasture
- Open acreage
- Creek crossing
- 131 days on Zillow
- Wooded creek frontage
- 246 days on Zillow
- Privacy and views
- Usable land
- Scenic creek crossing
- Open pasture
- Detached carport
- 485 days on Zillow
- 70 days on Zillow
- Level open tract
- Partial creek
- Storage shed
- Farmhouse charm
- Big star-filled texas skies
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Buying a Home in Penelope TX: Frequently Asked Questions
How much do homes cost in Penelope TX?
The Zillow Home Value Index for Penelope, TX stands at $228,238 as of September 2026. That figure reflects the value of all homes in the area, not only the ones currently listed for sale, so it offers a broader picture than asking prices alone.
Are home values going up or down in Penelope TX?
Home values in Penelope, TX have moved down over the past year, with the Zillow Home Value Index showing a 2.6% decrease as of September 2026. The index now sits at $228,238.
Is Penelope TX a buyer's or seller's market?
Penelope, TX is currently a buyer's market according to Zillow Market Temperature. That label generally points to buyers having more time to decide and more room to negotiate than they would in a seller's market.
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