Active

188 Hcr 3215

Penelope, Texas 76676

$399,900 $1,685/Mo

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Overview

Bed

Bath

1,620

Sqft

20.17

Acres(Lot)

Description

If you've been waiting for some land, this might be it! 20 acres, fully fenced, ready for horses, with a pond and room to breathe. This property is perfectly set up with an iron pipe entry fence, crossed fenced, corrals, two outbuildings. Also cross-fenced with two separate entrances, including a secondary access point from an adjacent tract. Power and water are available at the road, offering excellent flexibility if divided into two separate properties. Currently under ag exemption. The house is in immaculate shape with 3 beds, 2 baths, and two living areas. The best part? Stunning views of the conservation lake from the oversized front porch wood deck, living room, and primary suite. Priced below its recent $465K appraisal—step into an incredible opportunity to gain instant equity. Low taxes, little traffic, and total privacy—just the way country living should be.

Property Details

Property Type : Residential

Price : $399,900

AD Id : 76237451

MLS Id : 554456175

Beds : 3

Lot Size : 20.17 Acres

Living Area Size : 1,620

Year Built : 2023

County : Hill

Subdivision: Terrell Rev

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0
Interior Features

Double Vanity,Pantry

Appliances

Dishwasher

Utilities

Co-op Electric,Co-op Water,Septic
Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2023

Lot Information

Lot Size (Acr): 20.1710 Lot Size Units: Acres Lot Size Square Feet: 878,649
Property Information

SQ ft (Living Area): 1,620 Property Type: Residential Property Sub Type: Manufactured Home Subdivision: J Wallace City: Penelope State: Texas Directions: GPS Property Status: Active Levels: One Property Age: 3

Listing Price Information

Original List Price: $399,900 List Price Tot SqFt: $247
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: 453585 Tax Legal Description: J WALLACE A-938 TR 5D & 5E IMP ONLY Unexempt Taxes: $4,954

Parking Information

Carport Spaces: 0 Parking Features: None
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Penelope Middle School: Penelope High School: Penelope School District: Penelope ISD
Utility Information

Utilities: Co-op Electric,Co-op Water,Septic

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ByOwner last updated this listing 07/18/2026 @ 11:47

MLS: 554456175 LISTED BY: Kodi Elwood, Greater Waco Realty, LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information