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Ranch-Style Land Parcel with Trees
For Sale
$150,000

Paradise Oaks Ranch lot 40, Perrin, TX 76486

Land, Perrin, TX

Property SizeContact for details
Lot Size5.51 Acres
Days on Market88

Property Features for Paradise Oaks Ranch lot 40

General Information

Property type Land
Property subtype Other
Vegetation Wooded
Subdivision Paradise Oaks Ranch
Lot features Acreage, Interior Lot, Level, Few Trees
Elementary school Graford
Middle school Graford
High school Graford
Elementary school district Graford ISD
Middle school district Graford ISD
High school district Graford ISD
Directions From Hwy 281 & 1885 head North on US Hwy 281 towards Perrin. Turn left onto Brannon Ln. Road curves to right and then gate on left is one is the East Entrance. To reach North Entrance, continue North after the curve then take next left. Gate on left about half mile down the road.
Standard status Active
APN 568192
Lot size 5.51 Acres

Taxes and HOA fees

Tax Description ACRES: 5.514 LOT: 00040 PARADISE OAKS RANCH L
Tax Annual Amount 35
HOA Fee $900 Annually
Legal Description ACRES: 5.514 LOT: 00040 PARADISE OAKS RANCH L

Building Details

Architectural style Other
Listing Agency: INC Realty, LLC
Listed By: Michael Rankin · License #0709144
Added: Jun 7 Changed: Aug 21 Last Checked: Sep 2 at 5:06PM
MLS# 21186974

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.

Investment Insights

Based on property information with market context.

Offered for sale is a residential-style land parcel in Paradise Oaks Ranch, totaling approximately 5.5 acres. The property is mostly level, with an abundance of trees on the west end, providing a private, country setting suitable for building your primary residence or a vacation getaway. Barn-dominiums are allowed, and the land is currently Ag-exempt as part of a grazing association. Per the development restrictions, manufactured homes are not permitted.

The lot is located within the Paradise Oaks Ranch community, with access to shared amenities nearby. This parcel is adjacent to the community lot featuring covered picnic tables, playground equipment, a pickleball court, and BBQ areas. The listing notes the property is about 19 minutes from Mineral Wells and only minutes to Graford or Perrin.

This site is well-suited for buyers seeking space and a wooded backdrop while building a custom home concept, including barn-dominium style construction. The combination of mostly level terrain, tree coverage, and community recreational features can appeal to investors and owner-builders looking for a rural property with thoughtful on-site living options, subject to the stated development restrictions.

Key Highlights

  • Over 5 acres of land in a peaceful, rural setting.
  • Ag exemption provides potential property tax benefits.
  • Barndominiums are allowed.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 76486, TX

1,273
Population
674
Households
1.9
Avg Household Size
44
Median Age
25%
College-Educated
89%
High-School Grad
93.1 sq mi
ZIP Area
14
Density / Sq Mi
$81,131
Median Household Income
$43,083
Median Earnings
$1,040
Median Rent
$325,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Mostly level, tree-filled acreage in Paradise Oaks Ranch with barndominium use permitted and no manufactured homes allowed.
Where is this residential land & home lot located?
The property is located at Paradise Oaks Ranch lot 40 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: Over 5 acres of land in a peaceful, rural setting.; Ag exemption provides potential property tax benefits.; Barndominiums are allowed.
More about this property
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