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Property profile & analytics
OFF-MARKET
Land

281 Perrin St Perrin, TX 76486

8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8-acre commercial lot, located at 281 W Perrin St, Perrin, TX 76486 (APN R000567168), presents a unique opportunity for development. Zoned for residential use, this level lot boasts easy access to Highway 281, offering convenient commuting. The property features a pre-existing drilled and cased water well and a piped entrance, significantly reducing initial development costs. Electricity is readily available, while a septic system will be required. Road access is already established. Minimal deed restrictions are in place to maintain property values. Escape the city bustle and enjoy the tranquility of country living, while still being within the Perrin School District. This property is ideal for those seeking a spacious homesite with room for horses or other recreational activities. The significant advantage of no city taxes adds to the overall appeal. Don't miss this chance to build your dream home or develop a unique commercial venture in this desirable location. The asking price is $180,000.

Property profile
Verified
Property type Land
Lot 8 ac (348,480 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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