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Property profile & analytics
OFF-MARKET
Land

1016 Goodnight Trl Perrin, TX 76486

5 ac lot
Property ID
Property summary
AI-generated overview

This 5-acre commercial lot, located at 1016 Goodnight Trail in Perrin, Texas (zip code 76486, Parker County), is priced at $155,000 ($31,000/acre). The property (APN R000121454) is zoned for residential use and offers hilltop views, scattered trees, and stunning sunsets. Underground electric is already in place. The land is part of a larger development known as Loving Springs, once part of Charles Goodnight's ranch. This location provides easy access to Weatherford, Mineral Wells, and Possum Kingdom Lake, approximately an hour from the Dallas-Fort Worth Metroplex. There are no HOA restrictions, and while a recommended builder is available, buyers are free to choose their own. This property presents a unique opportunity for development, offering breathtaking views and convenient access to nearby amenities. The lot is unimproved.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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