161+/- Acres in Penelope, TX - Beautiful, quiet setting just 1 mile south of Penelope, TX in Hill County offering low taxes and excellent combination of farming, ranching and recreation. Also great for a survivalist set-up! Large 20+ acre private Soil Conservation Lake has great duck hunting and fishing with surrounding tree cover for whitetail deer and hogs. Some fenced areas. Plenty of grass and water year 'round. Easy 30 minute commute north from Waco via FM 308. Approx 100 acres cultivated, 7 acres native grass, 4 acres coastal. Good road frontage on two sides - HCR 3241 & HCR 3242 $2500/ac.