NULL Of 254 counties in the Lone Star State, Panola County is 199th in terms of its size (821 square miles). Panola County is in Piney Woods North Texas. Panola County, Texas, includes roughly 1,000 acres of riverfront land for sale based on recent Land Network data. The combined market value of farms and ranches for sale here was approximately $2 million. Browse all waterfront property for sale in Panola County on the Land Network to find the marina, lakefront and other recreational property that meets your needs, from waterside land perfect as a retirement investment to existing residential waterfront land and property for hunting, fishing and other outdoor-recreation pursuits! The most common type of land for sale by combined acreage in Panola County is residential property.