1016 Goodnight Trl Perrin, TX 76486
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.