Discover the perfect opportunity to own 10.05 acres-tract #3 of prime land in the peaceful city of Penelope, TX. This versatile property offers road frontage, electricity, water, and high-speed internet, making it an ideal place for building your dream home, setting up a small ranch, or future development. With open spaces and 30 ft easement between Track #2 and Track #3, the land provides easy access, in a serene country feel while still being conveniently located near Highway 171 and I-35, FM 1242 and FM 308, offering easy access to Hillsboro, Waco, and Corsicana. Bring your own builder to build your dream home or barndominium, with plenty of space for additional storage buildings, animals or recreation. Property is fenced with barbed wire and has double gate for easy access. Don't miss this chance to enjoy country living with city conveniences just a short drive away. Key Features: 10.05 Acres of Open Land, Road Frontage, Electricity & Water Available at street. No Known Restrictions Ideal for Residential, Ranch, or Development. Located outside of city limits with low tax rate, minutes away to FM 2114 and FM 308. Schedule your showing today!