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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.

Highlights

  • Land
  • Unimproved Land
  • 18.075 Acre Lot
  • 103 days on Market


  • Acres
    18.075
  • Utilities
    Electricity Available

  • County
    Hill
  • City
    Penelope
  • Neighborhood
    Wallace
  • Zip Code
    76676
  • High School
    Bynum
  • Middle School
    Bynum
  • Elementary School
    Bynum

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Frequently Asked Questions

How do I schedule a tour of #TBD?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to #TBD.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about #TBD?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $209,500. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Penelope, and can even get you in to see the property quickly.

How do I get a virtual tour of #TBD?

Yes! A virtual tour is available for #TBD. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for #TBD?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for #TBD at around $1,138. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy #TBD?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Hill County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for #TBD?

In most cases, yes. Whether #TBD is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Penelope's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on #TBD?

We can handle that for you. Our preferred local agent specializes in lands in Penelope and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

#TBD was listed on July 25, 2026, which means it's been on the market for 103 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

#TBD sits on a 18.08-acre lot, which is 787,565 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Bynum
  • Middle: Bynum
  • High: Bynum

Want to see how these schools compare? Check out our Hill County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for #TBD?

The most recent public record shows annual property taxes for #TBD were approximately $30. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is #TBD still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.

Last Updated: November 05, 2026 at 10:47PM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21341482