$990,000

224 Hcr 3308 Hubbard, TX 76648

Estimated payment $5,952/month

Total Views 1,598
78 Acres
$12,768 Price per Acre
3,377,642 Sq Ft Lot

Highlights

  • Hot Property
  • Equestrian Center
  • Pond

About This Lot

Gamble’s Farm |
A Country Escape Just 70 Miles South of Downtown Dallas

Nestled in the heart of Hill County near the quaint farming community of Penelope, Gamble’s Farm is a picturesque 77+/- acre property offering the perfect balance of peaceful seclusion and modern comfort. Whether you're seeking a weekend retreat, a recreational getaway, or a permanent homestead, this property delivers a rare opportunity to live the country lifestyle without sacrificing convenience.

With wide open views, rolling pastures, excellent water features, and a beautifully appointed home, Gamble’s Farm is a complete, move-in-ready package just over an hour from the Dallas/Fort Worth metroplex.
Location
Ideally located off recently repaved FM 2114 and only half a mile down Hill County Road 3308, Gamble’s Farm is:


70 miles from downtown Dallas


15 miles east of West, Texas


8 miles west of Hubbard, Texas


This central location provides easy access to amenities while preserving the privacy and serenity of rural living.
The Residence
The main home is a stunning 2,525 square foot Austin stone residence, thoughtfully designed with an open-concept floor plan and elegant finishes throughout. Built in 2010 and positioned to overlook a tranquil fishing pond and pier, this home combines rustic charm with modern luxury.

Interior highlights include:


A chef’s kitchen featuring a center island gas cooktop, granite countertops, stainless steel hood, and premium appliances


A spacious walk-in pantry and oversized closets for ample storage


Three generous bedrooms and two-and-a-half baths, offering comfort and space for family and guests


Expansive views of the surrounding land and pond from the main living areas



The Land
Spanning over 77 acres of gently rolling terrain, Gamble’s Farm offers a beautiful and productive landscape. The land is fully fenced for cattle, features improved pastureland, and is perfectly suited for livestock grazing, hay production, or equestrian use.

Water is a key feature of this property, with four ponds, including two that are stocked with largemouth bass for fishing. The natural topography and open layout create an ideal setting for recreation, agriculture, or simply enjoying the wide Texas skies.

Importantly, this property is not impacted by wind turbines, preserving the open, unobstructed views and quiet ambiance.
Additional Improvements
Gamble’s Farm is equipped with thoughtful enhancements that support both everyday living and recreational use:


A second multi-use building with a two-car garage and a fully finished living space, including a kitchen and full bathperfect for guests, in-laws, or rental use


A three-sided steel livestock shed, providing shelter for animals


A greenhouse, ready for gardening enthusiasts


A covered barbecue deck and outdoor kitchen area, ideal for gatherings and enjoying the outdoors

Recreational Paradise
Gamble’s Farm offers a wide variety of outdoor activities right at your doorstep:


Fishing in the stocked ponds


Dove and waterfowl hunting


Deer hunting


Raising livestock


Gardening


ATV riding, hiking, or simply exploring your private piece of Texas countryside

TT Group

Listed on: 07/09/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,620

Lot Details

  • Current uses include hunting/fishing, row crop, homestead
  • Potential uses include homestead

Outdoor Features

  • Pond

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property

Utilities

  • Propane
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,620

Lot Details

0

Listing Details

  • Office Phone: 254-454-4297
  • Listing Website: https://www.land.com/property/77.54-acres-in-hill-county-texas/24089415/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Homestead
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Pond: True
  • Other Structures: Equestrian Center

Lot Info

  • Current Use: Hunting/Fishing, Row Crop, Homestead
  • Lot Description: Horses Permitted, Tank/Pond

Multi Family

  • Utilities Available: Gas Avail. On Site, Propane Gas

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,620 $913,812 $0 $0
2023 $4,578 $365,110 $0 $0
2022 $1,397 $352,144 $0 $0
2021 $5,023 $0 $0 $0
2020 $5,292 $0 $0 $0
2019 $5,476 $0 $0 $0
2018 $5,322 $0 $0 $0
2017 $5,201 $0 $0 $0
2016 $4,797 $0 $0 $0
2015 -- $385,380 $131,120 $254,260
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $990,000 -- --

Purchase History

Date Type Sale Price Title Company
Deed -- Jacob G Straub Law Office
Gift Deed -- None Available
Source: Public Records

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