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    1024 Goodnight Trl Perrin, TX 76486

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

    Current Use by Public Records

    • Land

    Property Details for 1024 Goodnight Trl

    Lot size
    10.00 lot acres
    Property type
    Land

    Description

    Exceptional commercial land opportunity in Perrin, Texas, located at 1024 Goodnight Trail, zip code 76486. This property, part of the historic Goodnight Loving Trail, offers 10 to 50 acres of land with breathtaking hilltop views, scattered trees, and captivating western sunsets over water vistas. The land features rolling hills and mature trees, providing stunning sunrise and sunset panoramas. Underground electric is already in place. This location boasts no HOA restrictions, offering complete freedom in development. While a recommended builder is available, buyers are free to choose their own contractor. Conveniently located within an hour of the Metroplex, with easy access to Weatherford, Mineral Wells, and Possum Kingdom Lake. Several lots are available for purchase individually or combined, with some including existing wells. The asking price is $436,500, with a land value of $29,100 per acre. This presents a unique chance to acquire a piece of Texas history and create a remarkable commercial venture.

    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
    Perrin
    State
    Texas
    Longitude
    -98.0694
    Latitude
    33.034

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      1016 Goodnight Trl

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      8.00 Acres

      281 Perrin St

      Land • 8.00 Acres
      281 Perrin St, Perrin, TX 76486
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      5.00 Acres

      1020 Goodnight Trl

      Land • 5.00 Acres
      1020 Goodnight Trl, Perrin, TX 76486
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    • Value Estimation by Request
      5.00 Acres

      1024 Goodnight Trl

      Land • 5.00 Acres
      1024 Goodnight Trl, Perrin, TX 76486
      View Details
    • Value Estimation by Request
      85.80 Acres

      2 Dps Tower Rd

      Farms • 85.80 Acres
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    • Value Estimation by Request
      4,248 SF

      Wesley Chapel Rd

      COMMERCIAL (GENERAL) • 4,248 SF
      Wesley Chapel Rd, Perrin, TX 76486
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    1024 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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