Penelope · Dallas-Fort Worth area · updated November 2, 2026

What do ranches cost in Penelope, Texas?

On November 2, 2026, 12 properties of 10 to 100 acres were for sale around Penelope, Texas, at a median asking price of $350,000, or $11,269 an acre.

This week

Penelope ranch listings

12
For sale, 10 to 100 ac
$11,269
Median asking $/acre
36.05
Median acres
3
New in 7 days

The short answer

On November 2, 2026, 12 properties of 10 to 100 acres were for sale around Penelope, Texas, at a median asking price of $350,000, or $11,269 an acre. The median listing covers 36.05 acres and has been on the market 55.5 days; 0 have cut their price.

What is for sale

2 include a house of 1,200 square feet or more. 2 mention hunting or a wildlife exemption, 8 mention ag use or an exemption, and 6 mention a creek, river, pond or stock tank. Penelope sits about 63 miles from Dallas-Fort Worth.

How these numbers are measured

Figures are active listings of 10 to 100 acres (land, homes, ranches) in rural ZIP codes within 75 miles of the city, on November 2, 2026. Texas does not publish sale prices, so asking prices are the public evidence. A listing that did not mention hunting, water or an ag exemption in its description is not counted for that feature.
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Penelope ranch questions

How much does a ranch cost in Penelope, TX?

The median asking price for 10 to 100 acres was $350,000 across 12 listings on November 2, 2026.

What is land per acre in Penelope?

$11,269 an acre at the median asking price.

How many ranches are for sale in Penelope?

12 properties of 10 to 100 acres.

How long do ranches take to sell in Penelope?

Current listings have been on the market a median 55.5 days.

Are Penelope ranch prices dropping?

0 of the 12 listings have cut their price from the original asking price.

Is there hunting land in Penelope?

2 listings mention hunting, blinds, feeders or a wildlife exemption.

Is there ag-exempt land in Penelope?

8 listings mention an ag exemption, cattle, pasture or hay.

How far is Penelope from Dallas-Fort Worth?

About 63 miles in a straight line from the city center.

How many new ranch listings come up in Penelope each week?

3 came on the market in the 7 days before November 2, 2026.

How do I value my Penelope ranch?

Request a ranch briefing on the What's My Ranch Worth page.