1298 Highway 7

Eddy, TX 76524

$3,219,150
Price
9,365,400 / 215
Lot Size / Acres

Description

Introducing the exceptional 215+/- acre Pennington Property, nestled between Waco and Temple in Eddy, Texas. This unique tract boasts unparalleled views, with the South Cow Bayou Creek meandering through its rolling hills and elevations that rise over 120 feet, offering breathtaking views of the Waco skyline and I-35 corridor. With its rich history, having been in the same family since 1950, this property presents a rare opportunity for a savvy buyer. Its diverse landscape, featuring open grazing...Introducing the exceptional 215+/- acre Pennington Property, nestled between Waco and Temple in Eddy, Texas. This unique tract boasts unparalleled views, with the South Cow Bayou Creek meandering through its rolling hills and elevations that rise over 120 feet, offering breathtaking views of the Waco skyline and I-35 corridor. With its rich history, having been in the same family since 1950, this property presents a rare opportunity for a savvy buyer. Its diverse landscape, featuring open grazing areas, medium brush cover for prime whitetail and pig hunting, and dense woods for thrilling ATV adventures, makes it an ideal setting for a thriving cow/calf operation or a secluded hunting retreat. Enjoy the convenience of over 1,750 feet of Highway 7 frontage, with two access points, and a prime location just 6.1 miles east of I-35, within an hour and a half of both Austin and DFW. Don't miss this chance to own a piece of Texas history and create your own legacy on this incredible property. Along the northern boundary of this exceptional property, the tranquil South Cow Bayou Creek flows gently, offering over 5,575 linear feet of serene waterway. This picturesque creek originates four miles north of Moody and meanders southeast for eighteen miles, carving a path through the rolling prairie landscape. The terrain surrounding the creek features flat, expansive areas punctuated by steep slopes, all blanketed with rich, dark clay and clay loam soils. The vegetation is a vibrant tapestry of native Texas flora, including majestic oak, pecan, and juniper trees, complemented by the resilient mesquite and cacti, with lush Native and Bermuda grasses adding a pop of color. According to local legend, this iconic Central Texas creek was named for the wild cattle that once roamed its banks, adding to its rich history and charm. The South Cow Bayou Creek is a true natural treasure, offering a peaceful and scenic backdrop for your next adventure or a relaxing retreat

Property Details for 1298 Highway 7

Waterfront
No
Waterfront Features
Creek
LISTING UPDATED: 09/30/2024 11:39 AM

Property Details for 1298 Highway 7

StatusActive
MLS #223212
Days on Market409
Taxes$200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Improved Land
Year Built-
Lot Size215.00 AC
CountyFalls County

Location

Listing Courtesy of Kelly Land and Ranch, Cal Marshall, TREC #0634433
Add your commute

Building Information for 1298 Highway 7

Lot Size215.00 AC

Payment Calculator

$15,706 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,690

Property Taxes

$17

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1298 Highway 7

Summary
Location and General Information
  • City: Eddy
  • County Or Parish: Falls
  • Country: United States
  • Location: Other
  • Directions: Located Conveniently between Waco and Temple (Eddy, Tx), 6.1 miles East from 1-35 along Hwy 7. 1.5 hours form Austin, 1.5 hours from DFW
  • Postal City: Eddy
  • Latitude: 31.301293
  • Longitude: -97.156451
  • State Or Province: TX
  • Road Frontage Type: Highway, StateRoad
  • Topography: Level,Rolling
  • Postal Code: 76524
Taxes and HOA Information
  • Parcel Number: 34129
  • Tax Annual Amount: $200.23
  • Tax Block: UNK
  • Tax Legal Description: A0110 BRYANT W 80.0 ACRES
  • Tax Lot: UNK
  • Tax Year: 2023
School Information
  • Elementary School: Chilton
  • Elementary School District: Chilton ISD
  • High School District: Chilton ISD
  • Middle Or Junior School District: Chilton ISD
Property
Lot Information
  • Lot Features: Farm, Other, FloodZone, RollingSlope
  • Lot Size Acres: 215.0
  • Lot Size Area: 215.0
  • Lot Size Units: Acres
Farm Information
  • Crops Included: Yes
  • Vegetation: HeavilyWooded, PartiallyWooded
Property and Assessments
  • Mineral Rights: PartialSellerReservation
  • Other Structures: GrainStorage, Barns
  • Property Sub Type: ImprovedLand
  • Property SubType Additional: ImprovedLand
  • Property Type: Land
Utilities
  • Sewer: None
  • Utilities: ElectricityAvailable, WaterAvailable, SewerNotAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: BarbedWire
Interior Features
  • Bathrooms Total: 0
Mobile Home
Mobile/Manufactured Home
  • Human Modified: No
Rental
Rent Information
  • Horse Amenities: LivestockBarn
  • Land Lease: Yes
  • Lease Considered: No
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 1298 Highway 7

DateEvent & SourcePriceAppreciation
May 28, 2025

Expired

NTREIS #223212

—
May 27, 2024

Listed (Active)

NTREIS #223212

$3,219,150—
May 27, 2024

Listed (Active)

Waco Association of REALTORS #223212

$3,219,150—
DateEvent & SourcePrice
05/28/2025

Expired

NTREIS #223212

—
05/27/2024

Listed (Active)

NTREIS #223212

$3,219,150
05/27/2024

Listed (Active)

Waco Association of REALTORS #223212

$3,219,150

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1298 Highway 7

This home is within Chilton Independent School District.
Rating
School
Type
Grades
Distance
Chilton School
Public - PK to 12
Marlin Disciplinary Alternative Education Program (DAEP)
Public - PK to 12
Rating
School
Distance
Chilton School
PublicPK to 12

Marlin Disciplinary Alternative Education Program (DAEP)
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1298 Highway 7, Eddy, TX 76524

1298 Highway 7 is a 215 ac of land for sale in Eddy, TX 76524. This property was listed for sale on May 27, 2024 by Kelly Land and Ranch, it's currently listed at $3,219,150. This listing's school district is Chilton Independent School District. Nearby schools include Chilton School and Marlin Disciplinary Alternative Education Program (DAEP). 1298 Highway 7 is a 0-bed, 0-bath, 215 ac of land on a 9,365,400 sq. ft. / 215 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Kelly Land and Ranch, Cal Marshall, TREC #0634433

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.