Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land for Dream Home Title is generated by Realmo AI

    1045 Goodnight Trail, Perrin, TX 76486

    View on Map
    Claim this Listing
    For Sale
    $150,000

    Unimproved Land - Perrin, TX

    Type:Unimproved Land
    Lot size:
    3.99 Acres
    Added:
    Jan 28, 2026
    Days on Market:
    109
    Last Refresh:
    May 17 at 1:06 am

    Property Features for 1045 Goodnight Trail

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000121429
    Lot size
    3.99 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lane Cooper

    Listing agent Lane Cooper License #0750847

    Listing office Keller Williams Heritage West 100 S. Oakridge Dr., Ste. 115, Weatherford, TX

    Listing date Jan 28, 2026

    MLS# 21164985 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2‑5 acre lots offer ample space and privacy.
    • No HOA provides freedom and flexibility.
    • Enjoy beautiful scenic views, sunrises, and sunsets.
    • Close proximity to Weatherford, Mineral Wells, and Possum Kingdom Lake.
    • Located on the outskirts of Weatherford, offering a country feel.
    • Light deed restrictions allow for customization.

    Overview

    This property, located on the outskirts of Weatherford in the Loving Springs community, offers a 3.987-acre lot suitable for building a home. The community features scenic views, scattered trees, and sunrises and sunsets. Situated in the country near 1045 Goodnight Trail, Perrin, TX 76486, it is conveniently located close to Weatherford, the historical town of Mineral Wells, and Possum Kingdom Lake. The property is subject to light deed restrictions and does not have an HOA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Perrin
    County
    Jack
    State
    Texas
    Longitude
    -98.0544
    Latitude
    33.0831

    Nearby Similar for Sale

    • $2,500,000
      2,990 SF

      Perrin Farm and Ranch Property

      48.5 acre property featuring equestrian facilities and a residence.
      1600 Logans Run Road, Perrin, TX 76486
      View Details
    • $489,000

      Perrin Ranch with Pond

      35-acre ranch featuring a pond and seasonal creek.
      202 Tillery, Perrin, TX 76486
      View Details
    • $100,000

      Land in Stallion Meadows Estates

      5.41-acre homesite for building a dream home.
      1150 DPS Tower Road #Lot 22, Perrin, TX 76486
      View Details
    • $400,000

      34 Acres with Workshop in Perrin

      34-acre property with workshop, utilities, and fencing in Perrin, TX.
      3187 Elenburg Road, Perrin, TX 76486
      View Details
    • $425,000

      Scenic 40-Acre Texas Ranch

      Escape to rural Texas with lake views and stunning sunsets.
      2077 B Shawver Road, Perrin, TX 76486
      View Details
    • $325,000

      Perrin Ranch with Hilltop Views

      23-acre ranch in Perrin, TX, with water well.
      4312 Shawver Road, Perrin, TX 76486
      View Details
    • $1,960,000

      Perrin Ranch with 86 Acres

      86-acre North Texas ranch with pastures, hardwoods, and ponds.
      4180 E Fm 2210 E, Perrin, TX 76486
      View Details
    • $75,000

      Land for Sale in Perrin

      2.5-acre lots available in new Perrin community, no HOA.
      914 Old Oran Road, Perrin, TX 76082
      View Details
    • $192,500

      Perrin, TX Unimproved Land

      13.5 acre tract ideal for building a barndo.
      13 Ac N Mason, Perrin, TX 78486
      View Details
    • $2,100,000

      146 Acres of Texas Land

      Unimproved land with native grasses, trees, and new fences.
      1849 Two Bush Road, Perrin, TX 76486
      View Details
    • $265,000

      Perrin Land with New Fence

      9.94 acre property outside city limits, Ag Exempt.
      1653 Bounty Road, Perrin, TX 76486
      View Details
    • $125,000

      Agricultural Estate Dream Land

      10 acres of fertile land perfect for agricultural pursuits.
      Tbd 10 Acres Prairie View, Perrin, TX 76486
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Unimproved land near Weatherford, Mineral Wells, and Possum Kingdom.
    Where is this residential land & home lot located?
    The property is located at 1045 Goodnight Trail Perrin, TX.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 2‑5 acre lots offer ample space and privacy.; No HOA provides freedom and flexibility.; Enjoy beautiful scenic views, sunrises, and sunsets.
    (817) 441-4000
    We can help!
    Listing Contact
    Lane Cooper
    Real Estate License ID: 0750847
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1045 Goodnight Trail, Perrin, TX 76486
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!