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Penelope, TX

Full City Profile · Texas · Limestone County County

3.2 /5.0
B Good
223 Population 225/sq mi density
$65,938 Median Income $33,077 per capita
$96,300 Home Value $223,422 Zillow
66°F Avg Temperature 301 sunny days/yr
359 Violent Crime/100K 215 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,938 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$96,300 home value, /mo rent
F
Safety
1.0 / 5.0
359 violent crimes/100K
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher

Housing Overview

Median Home Value
$96,300
66% below
US avg: $281,900
Homeownership Rate
95.5%
46% above US avg (65.4%)
Total Housing Units
103
Median year built: 1961

Home Value by Source

Census Median
$96,300
Zillow (ZHVI)
$223,422
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.5%
Owner-Occupied
4.5%
Renter-Occupied
96%
5%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo

Affordability & Housing Stock

Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
95.5%

Complete Housing Data

Home Values

Census Median Value$96,300
Zillow Home Value (ZHVI)$223,422

Rent

FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Ownership & Stock

Owner-Occupied95.5%
Renter-Occupied4.5%
Homeownership Rate95.5%
Total Housing Units103
Median Year Built1961
Rent Burden26.9%