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    1016 Goodnight Trl Perrin, TX 76486

    • Land
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1016 Goodnight Trl

    Lot size
    5.00 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Perrin
    County
    Parker
    State
    Texas
    Longitude
    -98.0683
    Latitude
    33.0203

    Comparable in this City

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      8.00 Acres

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      10.00 Acres

      1024 Goodnight Trl

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      5.00 Acres

      1024 Goodnight Trl

      Land • 5.00 Acres
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    • Value Estimation by Request
      5.00 Acres

      1020 Goodnight Trl

      Land • 5.00 Acres
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    • Value Estimation by Request
      85.80 Acres

      2 Dps Tower Rd

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      4,248 SF

      Wesley Chapel Rd

      COMMERCIAL (GENERAL) • 4,248 SF
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    1016 Goodnight Trl
    Perrin, TX 76486
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    Realmo Value Estimation

    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.

    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.

    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
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