Penelope
TX
Average Sales Price
$549,950
Median Sales Price
$549,950
Population
257
Total Listings
2
Discover Life in Penelope with Christy Chasteen
Local Perspective
If I were walking a client through Penelope, I’d point out how this small Texas community truly embodies the spirit of rural North Central Texas—where neighbors look out for each other and life moves at a more intentional, relaxed pace. Penelope sits a bit off the main path, which is exactly why I often recommend it to clients seeking a quieter alternative to busier markets nearby. What stands out to me is the genuine sense of belonging here; it’s a place where you’re not just buying a home, but joining a community that values trust and relationships. For those ready to trade the hustle of city life for a more grounded, connected experience, Penelope offers an appealing and authentic option.
Neighborhood Highlights
Penelope’s atmosphere is peaceful and welcoming, with a distinctly small-town charm that sets it apart from larger neighboring communities. The area is dotted with well-kept yards, mature trees, and open skies—ideal for those who appreciate a slower, more deliberate way of living. There’s a strong sense of tradition here, visible in community gatherings, school events, and the way folks wave as they pass by. Unlike more suburban areas, Penelope maintains a rural, close-knit feel, perfect for those who value privacy, space, and genuine connections.
Homes & Architecture
Most homes in Penelope are single-family properties, ranging from classic ranch-style houses to charming farmhouses, many of which have been lovingly maintained or thoughtfully updated over the years. You’ll find generous lots—sometimes with room for gardens, workshops, or even a few animals—reflecting the area’s agricultural roots. Typical layouts favor practical, open living spaces, and you’ll often see front porches designed for sitting out in the evenings. There’s a timeless quality to the architecture here; nothing too flashy, just homes built for comfort, durability, and connection to the land.
Demographics
Data provided by Attom Data
Population
Employment
Population
257
257 in 2020
Density
13.2
per square mile
Households
96
31 With Children
Gender
51% / 49%
Men Vs Women
Occupancy
84% / 16%
Owned Vs Rented
Age Median: Years
Education Level
Amenities & Attractions
Featured Listings
For Sale (8)
For Sold (23)
Living in Penelope: Your Local Insight Guide
To help you make informed decisions, we've compiled answers to some of the most commonly asked questions.

What types of homes are common in Penelope?
Penelope primarily features single-family homes, with a blend of traditional ranch-style properties and some newer builds. Lots tend to be spacious, giving residents a bit more privacy and room to enjoy outdoor living.
How is the commute and connectivity in Penelope?
What’s the lifestyle and walkability like here?
How fast do homes typically move in Penelope?
What should I know about schools in Penelope?
Are there HOAs or community fees in Penelope?







