281 Perrin St Perrin, TX 76486
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.
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
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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.